DensoDNZOF 73 Forward PE Ratio is 11.64 as of Jul. 05, 2026. GuruFocus rates DNZOF with a GF Score™ of 73/100 and a GF Value™ of $11.55 (Fairly Valued). The stock has 5 warning signs investors should review. Among 593 Vehicles & Parts companies, Denso ranks better than 59.19% 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 .
Denso Forward PE Ratio Related Terms
Denso Forward PE Ratio Historical Data
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The historical data trend for Denso'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.
Denso Forward PE Ratio Chart
Denso Annual Data
Trend
2016-03
2017-03
2018-03
2019-03
2020-03
2021-03
2022-03
2023-03
2024-03
2025-03
2026-03
Forward PE Ratio
13.16
14.25
13.89
10.96
9.14
20.70
13.48
12.95
16.00
10.29
9.70
Denso Quarterly Data
2016-03
2016-06
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
2020-06
2020-09
2020-12
2021-03
2021-06
2021-09
2021-12
2022-03
2022-06
2022-09
2022-12
2023-03
2023-06
2023-09
2023-12
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
13.16
11.38
12.52
14.18
14.25
14.43
16.69
17.92
13.89
13.28
13.35
11.60
10.96
10.83
13.40
12.94
9.14
20.08
22.78
17.15
20.70
18.55
18.05
16.58
13.48
13.05
14.20
10.68
12.95
17.42
17.57
12.12
16.00
13.37
12.55
10.67
10.29
11.89
12.41
10.05
9.70
DNZOF vs ORLY, AZO, GPC: Forward PE Ratio Comparison
For the Auto Parts subindustry, Denso'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.
Denso Forward PE Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Denso's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Denso'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.
Denso (DNZOF) has a Forward PE Ratio of 11.64 as of Jul. 05, 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 Denso and its competitors. According to the industry distribution chart, Denso ranks #242 out of 593 companies in the Vehicles & Parts industry, placing it in the top 40.8%.
Is Denso's Forward PE Ratio too high?
Denso's current Forward PE Ratio is 11.64. The Vehicles & Parts industry median Forward PE Ratio is 13.16. Denso's value of 11.64 is 11.6% below this industry median. Based on the distribution chart, Denso ranks #242 out of 593 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Denso has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Denso's Forward PE Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Denso ranks #242 out of 593 companies for Forward PE Ratio. This puts Denso in the upper half of its industry. The industry median Forward PE Ratio is 13.16. Denso's value of 11.64 is 11.6% 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 Vehicles & Parts company?
The median Forward PE Ratio among Vehicles & Parts companies is 13.16, based on 593 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. Denso's current Forward PE Ratio of 11.64 is 11.6% 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 Denso and its competitors. For the Vehicles & Parts industry, the median Forward PE Ratio is 13.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Denso's current Forward PE Ratio is 11.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Denso stock overvalued right now?
Based on GuruFocus' analysis, Denso (DNZOF) is currently considered Fairly Valued. The stock's GF Value™ is $11.55, compared to a current price of $11.98 — trading 3.7% above its estimated fair value. The current Forward PE Ratio is 11.64 and 11.6% below the Vehicles & Parts industry median of 13.16. Denso's overall GF Score™ is 73/100 with 5 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 Denso (DNZOF), the current Forward PE Ratio is 11.64 as of Jul. 05, 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 Denso (DNZOF) Overvalued in 2026?
Based on GuruFocus' analysis, Denso stock appears to be overvalued.
The current stock price of $11.98 is trading 3.7% above its estimated GF Value™ of $11.55.
GuruFocus considers Denso to be Fairly Valued.
Key valuation signals for DNZOF:
Forward PE Ratio: 11.64
GF Value™: $11.55 vs. price of $11.98 (3.7% above fair value)
Industry Position: 11.6% below the Vehicles & Parts median (#242 of 593)
No single metric tells the full story. See the DNZOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Denso was founded on Dec. 16, 1949, as Nippondenso, and is now a leading global manufacturer of automotive components, ranging from thermal and powertrain control systems to electronic and electrification solutions, headquartered in Kariya, Aichi Prefecture, Japan, and a core member of the Toyota Group.
73GF Score
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