East Japan Railway Co (East Japan Railway Co) Forward PE Ratio : 19.00 (As of Apr. 26, 2024)

View and export this data going back to 2008. Start your Free Trial

What is East Japan Railway Co Forward PE Ratio?

East Japan Railway Co's Forward PE Ratio for today is 19.00.

East Japan Railway Co's PE Ratio without NRI for today is 14.88.

East Japan Railway Co's PE Ratio for today is 13.97.

East Japan Railway Co Forward PE Ratio Historical Data

The historical data trend for East Japan Railway Co'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.

* Premium members only.

East Japan Railway Co Forward PE Ratio Chart

East Japan Railway Co Annual Data

Trend

2016-12

2017-12

2018-12

2019-12

2020-05

2023-12

2024-04

Forward PE Ratio

12.14

14.39

12.72

11.81

10.60

20.62

19.16

East Japan Railway Co Quarterly Data
	2016-09	2016-12	2017-03	2017-06	2017-09	2017-12	2018-03	2018-06	2018-09	2018-12	2019-03	2019-06	2019-09	2019-12	2020-03	2023-06	2023-09	2023-12	2024-03
Forward PE Ratio	11.95	12.14	13.02	14.27	14.08	14.39	12.92	13.32	13.11	12.72	13.33	12.59	13.14	11.81	10.88	22.12	22.88	20.62	60.61

Competitive Comparison of East Japan Railway Co's Forward PE Ratio

For the Railroads subindustry, East Japan Railway Co'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.

East Japan Railway Co's Forward PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, East Japan Railway Co's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where East Japan Railway Co's Forward PE Ratio falls into.

East Japan Railway Co 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.

East Japan Railway Co (OTCPK:EJPRY) 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 .

East Japan Railway Co Forward PE Ratio Related Terms

Thank you for viewing the detailed overview of East Japan Railway Co's Forward PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

East Japan Railway Co (East Japan Railway Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » East Japan Railway Co (OTCPK:EJPRY) » Definitions » Forward PE Ratio

Comparable Companies

Traded in Other Exchanges

9020:Japan EJR0:Germany EJR:Germany EJR:Germany

Address

2-2, Yoyogi 2-chome, Shibuya-ku, Tokyo, JPN, 151-8578

Website

http://www.jreast.co.jp

East Japan Railway Company, or JR East, is the largest railway operator in Japan. It was originally established when the government-owned nationwide railway operator underwent a six-way territorial split in 1987, though it wasn't fully privatized until 2002. It runs both long distance bullet trains, known as Shinkansen, and shorter municipal train routes around and from Tokyo. Its 7,400 kilometers of rail track covers half of Japan's population and a third of the country's land area. Two thirds of revenue is from transportation, with most of the rest from retail operations and real estate investments.