Taiwan Paiho (TPE:9938) Forward PE Ratio: 13.37 (As of Aug. 04, 2026)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:9938 Taiwan Paiho Ltd TPE:9938
78 GF Score
Price NT$45.90
GF Value NT$68.00
Valuation Possible Value Trap
! 7 Warning Signs
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What is Taiwan Paiho Forward PE Ratio?

Taiwan Paiho TPE:9938 +0.66% 78 Forward PE Ratio is 13.37 as of Aug. 04, 2026. GuruFocus rates TPE:9938 with a GF Score™ of 78/100 and a GF Value™ of NT$68.00 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 246 Manufacturing - Apparel & Accessories companies, Taiwan Paiho ranks better than 50.81% on this metric.

Taiwan Paiho's Forward PE Ratio for today is 13.37.

Taiwan Paiho's PE Ratio without NRI for today is 13.28.

Taiwan Paiho's PE Ratio (TTM) for today is 13.38.


Taiwan Paiho  (TPE:9938) 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 .


Taiwan Paiho Forward PE Ratio Related Terms


Taiwan Paiho Forward PE Ratio Historical Data

* Premium members only.

The historical data trend for Taiwan Paiho'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.

Taiwan Paiho Forward PE Ratio Chart

Taiwan Paiho Annual Data
Trend 2020-12 2021-12 2022-12 2024-12 2025-12
Forward PE Ratio
13.72 10.43 8.70 11.12 9.83

Taiwan Paiho Quarterly Data
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 2024-12 2025-03 2025-06 2025-09 2025-12 2026-03
Forward PE Ratio 8.64 14.53 15.38 13.72 14.06 13.64 10.98 10.43 8.80 9.56 8.53 8.70 8.83 11.12 10.87 9.18 10.33 9.83 9.45

Taiwan Paiho Forward PE Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Taiwan Paiho'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.


Taiwan Paiho Forward PE Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Taiwan Paiho's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Taiwan Paiho's Forward PE Ratio falls into.


TPE:9938
78GF Score
Taiwan Paiho Ltd TPE:9938
Forward PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiwan Paiho 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.

Frequently Asked Questions Learn more about Forward PE Ratio →
What does a Forward PE Ratio of 13.37 mean?
Taiwan Paiho (TPE:9938) has a Forward PE Ratio of 13.37 as of Aug. 04, 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 Taiwan Paiho and its competitors. According to the industry distribution chart, Taiwan Paiho ranks #121 out of 246 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 49.2%.
Is Taiwan Paiho's Forward PE Ratio too high?
Taiwan Paiho's current Forward PE Ratio is 13.37. The Manufacturing - Apparel & Accessories industry median Forward PE Ratio is 13.63. Taiwan Paiho's value of 13.37 is 1.9% below this industry median. Based on the distribution chart, Taiwan Paiho ranks #121 out of 246 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Taiwan Paiho 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 Taiwan Paiho's Forward PE Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Taiwan Paiho ranks #121 out of 246 companies for Forward PE Ratio. This puts Taiwan Paiho in the upper half of its industry. The industry median Forward PE Ratio is 13.63. Taiwan Paiho's value of 13.37 is 1.9% 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 Manufacturing - Apparel & Accessories company?
The median Forward PE Ratio among Manufacturing - Apparel & Accessories companies is 13.63, based on 246 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. Taiwan Paiho's current Forward PE Ratio of 13.37 is 1.9% 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 Taiwan Paiho and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Forward PE Ratio is 13.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Paiho's current Forward PE Ratio is 13.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Paiho stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Paiho (TPE:9938) is currently considered Possible Value Trap. The stock's GF Value™ is NT$68.00, compared to a current price of NT$45.90 — trading 32.5% below its estimated fair value. The current Forward PE Ratio is 13.37 and 1.9% below the Manufacturing - Apparel & Accessories industry median of 13.63. Taiwan Paiho's overall GF Score™ is 78/100 with 7 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 Taiwan Paiho (TPE:9938), the current Forward PE Ratio is 13.37 as of Aug. 04, 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 Taiwan Paiho (TPE:9938) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Paiho stock appears to be undervalued. The current stock price of NT$45.90 is trading 32.5% below its estimated GF Value™ of NT$68.00. GuruFocus considers Taiwan Paiho to be Possible Value Trap.

Key valuation signals for TPE:9938:

  • Forward PE Ratio: 13.37
  • GF Value™: NT$68.00 vs. price of NT$45.90 (32.5% below fair value)
  • GF Score™: 78/100 with 7 warning signs
  • Industry Position: 1.9% below the Manufacturing - Apparel & Accessories median (#121 of 246)

No single metric tells the full story. See the TPE:9938 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Paiho Business Description

Address No. 575, Hegang Road, Hemei Township, Changhua County, Changhua, TWN, 508004
Taiwan Paiho Ltd manufactures and sells touch fasteners, webbing, shoelaces, elastic, easy tape, and related superficial materials, as well as residential buildings constructed by entrusted construction contractors. The Group is also engaged in the construction business, including the sale of housing, shopping centers, and office buildings constructed by entrusted construction contractors. The Group operates through two reportable segments: Production, which generates maximum revenue, and Construction. Its business mainly operates in Taiwan, China, and Vietnam, with maximum revenue generated from Vietnam.
78GF Score

Get the complete analysis for TPE:9938

Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$45.90
Price
NT$68.00
GF Value