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Thong Guan Industries Bhd (XKLS:7034) 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 .
Thong Guan Industries Bhd Forward PE Ratio Related Terms
Thong Guan Industries Bhd Forward PE Ratio Historical Data
* 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.
Thong Guan Industries Bhd Forward PE Ratio Chart
Thong Guan Industries Bhd Annual Data
Trend
2021-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
10.65
7.79
7.23
6.28
6.52
Thong Guan Industries Bhd Quarterly Data
2021-06
2021-09
2021-12
2022-03
2022-06
2022-09
2022-12
2023-03
2023-06
2023-09
2023-12
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
11.21
10.45
10.65
7.97
7.59
7.18
7.79
7.59
8.20
6.93
7.23
7.29
7.69
6.30
6.28
6.28
6.78
6.44
6.52
7.12
XKLS:7034 vs SW, PKG, IP: Forward PE Ratio Comparison
For the Packaging & Containers subindustry, Thong Guan Industries Bhd'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.
Thong Guan Industries Bhd Forward PE Ratio vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Thong Guan Industries Bhd's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Thong Guan Industries Bhd's Forward PE Ratio falls into.
Thong Guan Industries Bhd 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.
Thong Guan Industries Bhd (XKLS:7034) has a Forward PE Ratio of 5.67 as of Jul. 29, 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 Thong Guan Industries Bhd and its competitors. According to the industry distribution chart, Thong Guan Industries Bhd ranks #9 out of 113 companies in the Packaging & Containers industry, placing it in the top 8%.
Is Thong Guan Industries Bhd's Forward PE Ratio too high?
Thong Guan Industries Bhd's current Forward PE Ratio is 5.67. The Packaging & Containers industry median Forward PE Ratio is 15.18. Thong Guan Industries Bhd's value of 5.67 is 62.6% below this industry median. Based on the distribution chart, Thong Guan Industries Bhd ranks #9 out of 113 companies in the Packaging & Containers industry, which is in the top quartile — a strong position relative to peers. Overall, Thong Guan Industries Bhd has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thong Guan Industries Bhd's Forward PE Ratio compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Thong Guan Industries Bhd ranks #9 out of 113 companies for Forward PE Ratio. This places Thong Guan Industries Bhd in the top 8% of its industry — outperforming the majority of peers. The industry median Forward PE Ratio is 15.18. Thong Guan Industries Bhd's value of 5.67 is 62.6% 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 Packaging & Containers company?
The median Forward PE Ratio among Packaging & Containers companies is 15.18, based on 113 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. Thong Guan Industries Bhd's current Forward PE Ratio of 5.67 is 62.6% 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 Thong Guan Industries Bhd and its competitors. For the Packaging & Containers industry, the median Forward PE Ratio is 15.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thong Guan Industries Bhd's current Forward PE Ratio is 5.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thong Guan Industries Bhd stock overvalued right now?
Based on GuruFocus' analysis, Thong Guan Industries Bhd (XKLS:7034) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.72, compared to a current price of RM1.48 — trading 14% below its estimated fair value. The current Forward PE Ratio is 5.67 and 62.6% below the Packaging & Containers industry median of 15.18. Thong Guan Industries Bhd's overall GF Score™ is 75/100 with 5 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 Thong Guan Industries Bhd (XKLS:7034), the current Forward PE Ratio is 5.67 as of Jul. 29, 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 Thong Guan Industries Bhd (XKLS:7034) Overvalued in 2026?
Based on GuruFocus' analysis, Thong Guan Industries Bhd stock appears to be undervalued.
The current stock price of RM1.48 is trading 14% below its estimated GF Value™ of RM1.72.
GuruFocus considers Thong Guan Industries Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:7034:
Forward PE Ratio: 5.67
GF Value™: RM1.72 vs. price of RM1.48 (14% below fair value)
Industry Position: 62.6% below the Packaging & Containers median (#9 of 113)
No single metric tells the full story. See the XKLS:7034 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thong Guan Industries Bhd is a Malaysia-based investment holding company. Along with its subsidiaries, the firm is engaged in the trading of plastic packaging and petroleum products. It operates in two segments, including Plastic products and Food, beverages, and other consumable products. The company generates the majority of the revenue from the plastic products segment, which comprises stretch films, garbage bags, industrial bags, and PVC (Polyvinyl chloride) food wrap. Geographical presence is in Malaysia, Oceania, Europe, North America, other Asian countries, and others.
75GF Score
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