As of June 18, 2025, Riyue Heavy Industry Co Ltd (603218.SS) reports a Forward P/E of 15.16.
Forward P/E gauges the price investors pay for each dollar of anticipated earnings, offering insight into a stock's future valuation.
Comparing Riyue Heavy Industry Co Ltd's Forward P/E to Peers
To better understand Riyue Heavy Industry Co Ltd's position, it's useful to compare its Forward P/E against industry peers. Below are selected comparisons:
| Company | Forward P/E |
|---|---|
| Riyue Heavy Industry Co Ltd (603218.SS) | 15.16 |
| SIASUN Robot & Automation Co Ltd (300024.SZ) | 156.67 |
| Estun Automation Co Ltd (002747.SZ) | 104.55 |
| Yijiahe Technology Co Ltd (603666.SS) | 95.70 |
| North Industries Group Red Arrow Co Ltd (000519.SZ) | 81.57 |
| North Navigation Control Technology Co Ltd (600435.SS) | 49.15 |
Compared to its competitors, Riyue Heavy Industry Co Ltd's Forward P/E is about average compared to peers, indicating growth expectations in line with industry peers.