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HD Renewable Energy Co (TPE:6873) 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 .
HD Renewable Energy Co Forward PE Ratio Related Terms
HD Renewable Energy Co Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for HD Renewable Energy 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.
HD Renewable Energy Co Forward PE Ratio Chart
HD Renewable Energy Co Annual Data
Trend
2024-12
2025-12
Forward PE Ratio
11.69
8.98
HD Renewable Energy Co Quarterly Data
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
11.69
12.24
15.04
9.75
8.98
7.03
TPE:6873 vs PWR, FIX, EME: Forward PE Ratio Comparison
For the Engineering & Construction subindustry, HD Renewable Energy 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.
HD Renewable Energy Co Forward PE Ratio vs Construction Industry
For the Construction industry and Industrials sector, HD Renewable Energy Co's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where HD Renewable Energy Co's Forward PE Ratio falls into.
HD Renewable Energy Co Forward PE Ratio Calculation
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.
HD Renewable Energy Co (TPE:6873) has a Forward PE Ratio of 6.33 as of Aug. 01, 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 HD Renewable Energy Co and its competitors. According to the industry distribution chart, HD Renewable Energy Co ranks #78 out of 642 companies in the Construction industry, placing it in the top 12.1%.
Is HD Renewable Energy Co's Forward PE Ratio too high?
HD Renewable Energy Co's current Forward PE Ratio is 6.33. The Construction industry median Forward PE Ratio is 13.58. HD Renewable Energy Co's value of 6.33 is 53.4% below this industry median. Based on the distribution chart, HD Renewable Energy Co ranks #78 out of 642 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, HD Renewable Energy Co has a GF Score™ of 78/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does HD Renewable Energy Co's Forward PE Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, HD Renewable Energy Co ranks #78 out of 642 companies for Forward PE Ratio. This places HD Renewable Energy Co in the top 12% of its industry — outperforming the majority of peers. The industry median Forward PE Ratio is 13.58. HD Renewable Energy Co's value of 6.33 is 53.4% 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 Construction company?
The median Forward PE Ratio among Construction companies is 13.58, based on 642 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. HD Renewable Energy Co's current Forward PE Ratio of 6.33 is 53.4% 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 HD Renewable Energy Co and its competitors. For the Construction industry, the median Forward PE Ratio is 13.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HD Renewable Energy Co's current Forward PE Ratio is 6.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HD Renewable Energy Co stock overvalued right now?
Based on GuruFocus' analysis, HD Renewable Energy Co (TPE:6873) is currently considered Possible Value Trap. The stock's GF Value™ is NT$137.99, compared to a current price of NT$78.30 — trading 43.3% below its estimated fair value. The current Forward PE Ratio is 6.33 and 53.4% below the Construction industry median of 13.58. HD Renewable Energy Co's overall GF Score™ is 78/100 with 9 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 HD Renewable Energy Co (TPE:6873), the current Forward PE Ratio is 6.33 as of Aug. 01, 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 HD Renewable Energy Co (TPE:6873) Overvalued in 2026?
Based on GuruFocus' analysis, HD Renewable Energy Co stock appears to be undervalued.
The current stock price of NT$78.30 is trading 43.3% below its estimated GF Value™ of NT$137.99.
GuruFocus considers HD Renewable Energy Co to be Possible Value Trap.
Key valuation signals for TPE:6873:
Forward PE Ratio: 6.33
GF Value™: NT$137.99 vs. price of NT$78.30 (43.3% below fair value)
Industry Position: 53.4% below the Construction median (#78 of 642)
No single metric tells the full story. See the TPE:6873 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HD Renewable Energy Co Ltd is engaged in the development, investment, and operation of large-scale renewable energy power generation business. Based on photovoltaics, it is gradually expanding into core businesses such as power generation, energy storage, electricity sales, and charging, and providing comprehensive green energy solutions with AI-powered smart green power systems, making green power supply more stable and intelligent.
78GF Score
Get the complete analysis for TPE:6873
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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