Daiwa Securities Group (OTCPK:DSECF) 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 .
Daiwa Securities Group Forward PE Ratio Related Terms
Daiwa Securities Group Forward PE Ratio Historical Data
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The historical data trend for Daiwa Securities Group'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.
Daiwa Securities Group Forward PE Ratio Chart
Daiwa Securities Group Annual Data
Trend
2017-03
2018-03
2019-03
2020-03
2021-03
2022-03
2023-03
2024-03
2025-03
2026-03
Forward PE Ratio
10.98
11.57
8.96
11.19
7.87
9.86
10.96
12.47
11.75
10.60
Daiwa Securities Group Quarterly Data
2016-06
2016-09
2016-12
2017-03
2017-06
2017-09
2017-12
2018-03
2018-12
2019-03
2019-06
2019-09
2019-12
2020-03
2020-06
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
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
8.24
8.48
10.71
10.98
10.46
10.91
11.93
11.57
8.55
8.96
8.35
10.52
10.11
11.19
9.29
8.55
7.87
8.46
7.96
9.42
9.86
9.64
9.24
9.71
10.96
11.43
13.77
11.25
12.47
10.48
11.75
10.72
12.53
10.66
10.60
DSECF vs MS, GS, SCHW: Forward PE Ratio Comparison
For the Capital Markets subindustry, Daiwa Securities Group'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.
Daiwa Securities Group Forward PE Ratio vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Daiwa Securities Group's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Daiwa Securities Group's Forward PE Ratio falls into.
Daiwa Securities Group 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.
Daiwa Securities Group (DSECF) has a Forward PE Ratio of 12.63 as of Jul. 11, 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 Daiwa Securities Group and its competitors. According to the industry distribution chart, Daiwa Securities Group ranks #74 out of 221 companies in the Capital Markets industry, placing it in the top 33.5%.
Is Daiwa Securities Group's Forward PE Ratio too high?
Daiwa Securities Group's current Forward PE Ratio is 12.63. The Capital Markets industry median Forward PE Ratio is 16.53. Daiwa Securities Group's value of 12.63 is 23.6% below this industry median. Based on the distribution chart, Daiwa Securities Group ranks #74 out of 221 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Daiwa Securities Group has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Daiwa Securities Group's Forward PE Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, Daiwa Securities Group ranks #74 out of 221 companies for Forward PE Ratio. This puts Daiwa Securities Group in the upper half of its industry. The industry median Forward PE Ratio is 16.53. Daiwa Securities Group's value of 12.63 is 23.6% 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 Capital Markets company?
The median Forward PE Ratio among Capital Markets companies is 16.53, based on 221 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. Daiwa Securities Group's current Forward PE Ratio of 12.63 is 23.6% 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 Daiwa Securities Group and its competitors. For the Capital Markets industry, the median Forward PE Ratio is 16.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Daiwa Securities Group's current Forward PE Ratio is 12.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daiwa Securities Group stock overvalued right now?
Based on GuruFocus' analysis, Daiwa Securities Group (DSECF) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.45, compared to a current price of $9.69 — trading 30% above its estimated fair value. The current Forward PE Ratio is 12.63 and 23.6% below the Capital Markets industry median of 16.53. Daiwa Securities Group's overall GF Score™ is 66/100 with 6 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 Daiwa Securities Group (DSECF), the current Forward PE Ratio is 12.63 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 Daiwa Securities Group (DSECF) Overvalued in 2026?
Based on GuruFocus' analysis, Daiwa Securities Group stock appears to be overvalued.
The current stock price of $9.69 is trading 30% above its estimated GF Value™ of $7.45.
GuruFocus considers Daiwa Securities Group to be Significantly Overvalued.
Key valuation signals for DSECF:
Forward PE Ratio: 12.63
GF Value™: $7.45 vs. price of $9.69 (30% above fair value)
Industry Position: 23.6% below the Capital Markets median (#74 of 221)
No single metric tells the full story. See the DSECF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Daiwa Securities Group Inc is a Japan-based financial services company. The company operates through four segments. The Asset Management Division manages investment trusts, funds, and corporations across assets, including private equity, real estate, renewable energy, and infrastructure, while also offering advisory services to institutional investors in Japan and overseas. The Global Markets & Investment Banking Division handles sales and trading of securities, foreign exchange, and derivatives, and provides underwriting and M&A advisory. The Wealth Management Division serves individuals and private corporate clients with diverse financial products. Others include subsidiary management, information services, administration, and real estate leasing.
66GF Score
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