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ZKH GroupZKH -0.34%57 Forward PE Ratio is 13.06 as of Sep. 14, 2026. GuruFocus rates ZKH with a GF Score™ of 57/100 and a GF Value™ of $3.83 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 511 Retail - Cyclical companies, ZKH Group ranks better than 51.27% on this metric.
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 .
ZKH Group Forward PE Ratio Related Terms
ZKH Group Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for ZKH Group'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.
ZKH Group Forward PE Ratio Chart
ZKH Group Annual Data
Trend
2024-12
2025-12
Forward PE Ratio
25.38
101.39
ZKH Group Quarterly Data
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
2026-06
Forward PE Ratio
25.38
34.27
158.25
45.97
101.39
84.72
26.94
ZKH vs NXH, TDUP, NEGG: Forward PE Ratio Comparison
For the Internet Retail subindustry, ZKH Group'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.
ZKH Group Forward PE Ratio vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, ZKH Group's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where ZKH Group'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.
ZKH Group (ZKH) has a Forward PE Ratio of 13.06 as of Sep. 14, 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 ZKH Group and its competitors. According to the industry distribution chart, ZKH Group ranks #249 out of 511 companies in the Retail - Cyclical industry, placing it in the top 48.7%.
Is ZKH Group's Forward PE Ratio too high?
ZKH Group's current Forward PE Ratio is 13.06. The Retail - Cyclical industry median Forward PE Ratio is 13.47. ZKH Group's value of 13.06 is 3% below this industry median. Based on the distribution chart, ZKH Group ranks #249 out of 511 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, ZKH Group has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ZKH Group's Forward PE Ratio compare to NXH and TDUP?
According to the Retail - Cyclical industry distribution chart, ZKH Group ranks #249 out of 511 companies for Forward PE Ratio. This puts ZKH Group in the upper half of its industry. The industry median Forward PE Ratio is 13.47. ZKH Group's value of 13.06 is 3% 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 Retail - Cyclical company?
The median Forward PE Ratio among Retail - Cyclical companies is 13.47, based on 511 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. ZKH Group's current Forward PE Ratio of 13.06 is 3% 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 ZKH Group and its competitors. For the Retail - Cyclical industry, the median Forward PE Ratio is 13.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ZKH Group's current Forward PE Ratio is 13.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZKH Group stock overvalued right now?
Based on GuruFocus' analysis, ZKH Group (ZKH) is currently considered Modestly Undervalued. The stock's GF Value™ is $3.83, compared to a current price of $2.91 — trading 24% below its estimated fair value. The current Forward PE Ratio is 13.06 and 3% below the Retail - Cyclical industry median of 13.47. ZKH Group's overall GF Score™ is 57/100 with 2 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 ZKH Group (ZKH), the current Forward PE Ratio is 13.06 as of Sep. 14, 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 ZKH Group (ZKH) Overvalued in 2026?
Based on GuruFocus' analysis, ZKH Group stock appears to be undervalued.
The current stock price of $2.91 is trading 24% below its estimated GF Value™ of $3.83.
GuruFocus considers ZKH Group to be Modestly Undervalued.
Key valuation signals for ZKH:
Forward PE Ratio: 13.06
GF Value™: $3.83 vs. price of $2.91 (24% below fair value)
Industry Position: 3% below the Retail - Cyclical median (#249 of 511)
No single metric tells the full story. See the ZKH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ZKH Group Ltd engages in providing MRO procurement service platform in China. It provides one-stop MRO procurement and management services for its customers, and offers digital and fulfillment solutions for participants along the industry value chain. It offers a broad range of MRO product offerings covering all MRO product lines on its platform, including spare parts, chemicals, manufacturing parts, general consumables, and office supplies. Majority of the revenues are derived from the PRC.
57GF Score
Get the complete analysis for ZKH
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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