Tongwei Co (SHSE:600438) PEG Ratio: N/A (As of Jul. 15, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
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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.

SHSE:600438 Tongwei Co Ltd SHSE:600438
57 GF Score
Price ¥10.80
GF Value ¥18.43
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Tongwei Co PEG Ratio?

PE Ratio without NRI / 5-Year EBITDA Growth Rate*

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use is the 5-Year EBITDA growth rate. As of today, Tongwei Co's PE Ratio without NRI is 0.00. Tongwei Co's 5-Year EBITDA growth rate is -23.90%. Therefore, Tongwei Co's PEG Ratio for today is N/A.

* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


The historical rank and industry rank for Tongwei Co's PEG Ratio or its related term are showing as below:


During the past 13 years, Tongwei Co's highest PEG Ratio was 2.76. The lowest was 0.06. And the median was 0.70.


SHSE:600438's PEG Ratio is not ranked *
in the Semiconductors industry.
Industry Median: 3.45
* Ranked among companies with meaningful PEG Ratio only.

Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.


Tongwei Co  (SHSE:600438) PEG Ratio Explanation

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.


Tongwei Co PEG Ratio Related Terms


Tongwei Co PEG Ratio Historical Data

* Premium members only.

The historical data trend for Tongwei Co's PEG 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.

Tongwei Co PEG Ratio Chart

Tongwei Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PEG Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 0.11 0.11 0.00 0.00

Tongwei Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PEG Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

SHSE:600438 vs FSLR, NXT, ENPH: PEG Ratio Comparison

For the Solar subindustry, Tongwei Co's PEG Ratio, along with its competitors' market caps and PEG 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.


Tongwei Co PEG Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Tongwei Co's PEG Ratio distribution charts can be found below:

* The bar in red indicates where Tongwei Co's PEG Ratio falls into.


SHSE:600438
57GF Score
Tongwei Co Ltd SHSE:600438
PEG Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tongwei Co PEG Ratio Calculation

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The ratio we use is the 5-Year EBITDA growth rate.

Tongwei Co's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=/-23.90
=N/A

* 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.

* Note: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.

Is Tongwei Co (SHSE:600438) Overvalued in 2026?

Based on GuruFocus' analysis, Tongwei Co stock appears to be undervalued. The current stock price of ¥10.80 is trading 41.4% below its estimated GF Value™ of ¥18.43. GuruFocus considers Tongwei Co to be Possible Value Trap.

Key valuation signals for SHSE:600438:

  • PEG Ratio: N/A
  • GF Value™: ¥18.43 vs. price of ¥10.80 (41.4% below fair value)
  • GF Score™: 57/100 with 8 warning signs

No single metric tells the full story. See the SHSE:600438 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tongwei Co Business Description

Address No. 588, Middle Section Tianfu Avenue, High-Tech Zone, China (Sichuan) Pilot Free Trade Zone, Chengdu, CHN, 610041
Tongwei is the world's largest polysilicon producer and a leading solar cell and module supplier. The solar business contributed more than 60% of revenue in 2025. In addition, Tongwei runs a feed and food business, which made up 35% of revenue in 2025.
57GF Score

Get the complete analysis for SHSE:600438

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

¥10.80
Price
¥18.43
GF Value