* 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.
TPE:8473's PEG Ratio is ranked worse than 77.27% of 88
companies
in the Waste Management industry
Industry Median: 2.025
vs TPE:8473: 3.52
Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.
Forest Water Environmental Eng'g Co (TPE:8473) 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.
Forest Water Environmental Eng'g Co PEG Ratio Related Terms
Forest Water Environmental Eng'g Co PEG 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.
Forest Water Environmental Eng'g Co PEG Ratio Chart
For the Waste Management subindustry, Forest Water Environmental Eng'g 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.
Forest Water Environmental Eng'g Co PEG Ratio vs Waste Management Industry
For the Waste Management industry and Industrials sector, Forest Water Environmental Eng'g Co's PEG Ratio distribution charts can be found below:
* The bar in red indicates where Forest Water Environmental Eng'g Co's PEG Ratio falls into.
* 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.
Forest Water Environmental Eng'g Co (TPE:8473) has a PEG Ratio of 3.51 as of Jul. 11, 2026. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Forest Water Environmental Eng'g Co and its competitors. This is near median its historical median of 3.27. Over the past decade, Forest Water Environmental Eng'g Co's PEG Ratio has ranged from 0.89 to 52.62. According to the industry distribution chart, Forest Water Environmental Eng'g Co ranks #68 out of 88 companies in the Waste Management industry, placing it in the top 77.3%.
Is Forest Water Environmental Eng'g Co's PEG Ratio too high?
Forest Water Environmental Eng'g Co's current PEG Ratio of 3.51 is near median its 10-year median of 3.27. Over the past 10 years, this metric has ranged from a low of 0.89 to a high of 52.62. The Waste Management industry median PEG Ratio is 2.03. Forest Water Environmental Eng'g Co's value of 3.51 is 73.3% above this industry median. Based on the distribution chart, Forest Water Environmental Eng'g Co ranks #68 out of 88 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, Forest Water Environmental Eng'g Co has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Forest Water Environmental Eng'g Co's PEG Ratio compare to WM and RSG?
According to the Waste Management industry distribution chart, Forest Water Environmental Eng'g Co ranks #68 out of 88 companies for PEG Ratio. This places Forest Water Environmental Eng'g Co in the lower half of its industry. The industry median PEG Ratio is 2.03. Forest Water Environmental Eng'g Co's value of 3.51 is 73.3% above this benchmark. Historically, Forest Water Environmental Eng'g Co's own PEG Ratio has ranged from 0.89 to 52.62 over the past decade. While the company's 10-year median is 3.27 vs. the industry median of 2.03, Forest Water Environmental Eng'g Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PEG Ratio for a Waste Management company?
The median PEG Ratio among Waste Management companies is 2.03, based on 88 companies in the industry. Companies in the top quartile (top 25%) have a PEG Ratio significantly above this median, while those in the bottom quartile fall well below. However, PEG Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Forest Water Environmental Eng'g Co's current PEG Ratio of 3.51 is 73.3% above 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 PEG Ratio mean?
A high PEG Ratio can signal that a stock is expensive relative to its fundamentals. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Forest Water Environmental Eng'g Co and its competitors. For the Waste Management industry, the median PEG Ratio is 2.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forest Water Environmental Eng'g Co's current PEG Ratio is 3.51, which is near median its own 10-year median of 3.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forest Water Environmental Eng'g Co stock overvalued right now?
Based on GuruFocus' analysis, Forest Water Environmental Eng'g Co (TPE:8473) is currently considered Fairly Valued. The stock's GF Value™ is NT$41.94, compared to a current price of NT$45.60 — trading 8.7% above its estimated fair value. The current PEG Ratio is 3.51, which is near median its 10-year median of 3.27 and 73.3% above the Waste Management industry median of 2.03. Forest Water Environmental Eng'g Co's overall GF Score™ is 80/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PEG Ratio calculated?
PEG Ratio is calculated from a company's financial statements. For Forest Water Environmental Eng'g Co (TPE:8473), the current PEG Ratio is 3.51 as of Jul. 11, 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 Forest Water Environmental Eng'g Co (TPE:8473) Overvalued in 2026?
Based on GuruFocus' analysis, Forest Water Environmental Eng'g Co stock appears to be overvalued.
The current stock price of NT$45.60 is trading 8.7% above its estimated GF Value™ of NT$41.94.
GuruFocus considers Forest Water Environmental Eng'g Co to be Fairly Valued.
Key valuation signals for TPE:8473:
PEG Ratio: 3.51 (near median its 10-year median of 3.27)
GF Value™: NT$41.94 vs. price of NT$45.60 (8.7% above fair value)
Industry Position: 73.3% above the Waste Management median (#68 of 88)
No single metric tells the full story. See the TPE:8473 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Forest Water Environmental Eng'g Co Business Description
Forest Water Environmental Eng'g Co Ltd is engaged includes engineering projects for environmental protection, sewage treatment, waste treatment and recycling, and the recycling and decomposition of compostable food waste. It also provides the construction of a water purification plant, the construction of a sewage treatment plant in the scientific industrial park, and the construction of a sewage treatment plant.
80GF Score
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