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Merry Electronics Co (TPE:2439) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Merry Electronics Co Forward PE Ratio Related Terms
Merry Electronics Co Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Merry Electronics Co's Forward PE Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Merry Electronics Co Forward PE Ratio Chart
Merry Electronics Co Annual Data
Trend
2018-12
2019-12
2020-12
2021-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
12.87
13.93
13.28
12.02
11.09
15.92
12.37
13.78
Merry Electronics Co Quarterly Data
2018-03
2018-06
2018-09
2018-12
2019-03
2019-06
2019-09
2019-12
2020-03
2020-06
2020-09
2020-12
2021-03
2021-06
2021-09
2021-12
2022-03
2022-06
2022-09
2022-12
2023-03
2023-06
2023-09
2023-12
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
12.92
16.95
12.45
12.87
15.85
13.70
12.09
13.93
10.85
12.20
12.06
13.28
14.41
15.15
9.39
12.02
11.83
10.81
11.38
11.09
12.35
15.65
12.29
15.92
12.37
13.89
13.30
12.95
13.78
11.29
TPE:2439 vs AAPL: Forward PE Ratio Comparison
For the Consumer Electronics subindustry, Merry Electronics Co's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Merry Electronics Co Forward PE Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Merry Electronics Co's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Merry Electronics Co's Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Merry Electronics Co (TPE:2439) has a Forward PE Ratio of 14.80 as of Aug. 16, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Merry Electronics Co and its competitors. According to the industry distribution chart, Merry Electronics Co ranks #290 out of 1024 companies in the Hardware industry, placing it in the top 28.3%.
Is Merry Electronics Co's Forward PE Ratio too high?
Merry Electronics Co's current Forward PE Ratio is 14.80. The Hardware industry median Forward PE Ratio is 22.24. Merry Electronics Co's value of 14.80 is 33.4% below this industry median. Based on the distribution chart, Merry Electronics Co ranks #290 out of 1024 companies in the Hardware industry, which is above the industry midpoint. Overall, Merry Electronics Co has a GF Score™ of 79/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Merry Electronics Co's Forward PE Ratio compare to AAPL?
According to the Hardware industry distribution chart, Merry Electronics Co ranks #290 out of 1024 companies for Forward PE Ratio. This puts Merry Electronics Co in the upper half of its industry. The industry median Forward PE Ratio is 22.24. Merry Electronics Co's value of 14.80 is 33.4% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Hardware company?
The median Forward PE Ratio among Hardware companies is 22.24, based on 1,024 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Merry Electronics Co's current Forward PE Ratio of 14.80 is 33.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Merry Electronics Co and its competitors. For the Hardware industry, the median Forward PE Ratio is 22.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Merry Electronics Co's current Forward PE Ratio is 14.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Merry Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Merry Electronics Co (TPE:2439) is currently considered Possible Value Trap. The stock's GF Value™ is NT$118.38, compared to a current price of NT$80.70 — trading 31.8% below its estimated fair value. The current Forward PE Ratio is 14.80 and 33.4% below the Hardware industry median of 22.24. Merry Electronics Co's overall GF Score™ is 79/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Merry Electronics Co (TPE:2439), the current Forward PE Ratio is 14.80 as of Aug. 16, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Merry Electronics Co (TPE:2439) Overvalued in 2026?
Based on GuruFocus' analysis, Merry Electronics Co stock appears to be undervalued.
The current stock price of NT$80.70 is trading 31.8% below its estimated GF Value™ of NT$118.38.
GuruFocus considers Merry Electronics Co to be Possible Value Trap.
Key valuation signals for TPE:2439:
Forward PE Ratio: 14.80
GF Value™: NT$118.38 vs. price of NT$80.70 (31.8% below fair value)
Industry Position: 33.4% below the Hardware median (#290 of 1024)
No single metric tells the full story. See the TPE:2439 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Merry Electronics Co Ltd is a Taiwan-based company that is engaged in producing and selling products, including headsets, speakers, microphones, batteries, and personal sound amplifiers. The company's products are applied to a series of business areas, including mobile devices, audio visual devices, computer peripherals, consumer electronics, and healthcare. The company has service sites located around the world, including in Taiwan, Shenzhen, Singapore, Vietnam, Thailand and others.
79GF Score
Get the complete analysis for TPE:2439
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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