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Micronics Japan Co (FRA:MJ3) 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 .
Micronics Japan Co Forward PE Ratio Related Terms
Micronics Japan Co Forward PE Ratio Historical Data
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The historical data trend for Micronics Japan 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.
Micronics Japan Co Forward PE Ratio Chart
Micronics Japan Co Annual Data
Trend
2018-09
2019-09
2020-09
2021-12
2022-12
2024-12
2025-12
Forward PE Ratio
19.08
18.59
28.99
19.42
15.72
12.54
18.86
Micronics Japan Co Quarterly Data
2018-03
2018-06
2018-09
2018-12
2019-03
2019-06
2019-09
2019-12
2020-03
2020-06
2020-09
2021-03
2021-06
2021-09
2021-12
2022-03
2022-06
2022-09
2022-12
2023-03
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
22.32
23.36
19.08
16.39
17.57
19.42
18.59
26.67
13.99
15.95
28.99
52.63
24.69
24.57
19.42
18.35
12.21
14.18
15.72
15.95
12.54
11.76
17.44
15.05
18.86
22.66
FRA:MJ3 vs AMAT, LRCX, KLAC: Forward PE Ratio Comparison
For the Semiconductor Equipment & Materials subindustry, Micronics Japan 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.
Micronics Japan Co Forward PE Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Micronics Japan Co's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Micronics Japan Co'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.
Micronics Japan Co (FRA:MJ3) has a Forward PE Ratio of 27.22 as of Jul. 28, 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 Micronics Japan Co and its competitors. According to the industry distribution chart, Micronics Japan Co ranks #242 out of 550 companies in the Semiconductors industry, placing it in the top 44%.
Is Micronics Japan Co's Forward PE Ratio too high?
Micronics Japan Co's current Forward PE Ratio is 27.22. The Semiconductors industry median Forward PE Ratio is 29.62. Micronics Japan Co's value of 27.22 is 8.1% below this industry median. Based on the distribution chart, Micronics Japan Co ranks #242 out of 550 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Micronics Japan Co has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Micronics Japan Co's Forward PE Ratio compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Micronics Japan Co ranks #242 out of 550 companies for Forward PE Ratio. This puts Micronics Japan Co in the upper half of its industry. The industry median Forward PE Ratio is 29.62. Micronics Japan Co's value of 27.22 is 8.1% 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 Semiconductors company?
The median Forward PE Ratio among Semiconductors companies is 29.62, based on 550 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. Micronics Japan Co's current Forward PE Ratio of 27.22 is 8.1% 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 Micronics Japan Co and its competitors. For the Semiconductors industry, the median Forward PE Ratio is 29.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Micronics Japan Co's current Forward PE Ratio is 27.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Micronics Japan Co stock overvalued right now?
Based on GuruFocus' analysis, Micronics Japan Co (FRA:MJ3) is currently considered Significantly Overvalued. The stock's GF Value™ is €36.82, compared to a current price of €78.00 — trading 111.8% above its estimated fair value. The current Forward PE Ratio is 27.22 and 8.1% below the Semiconductors industry median of 29.62. Micronics Japan Co's overall GF Score™ is 85/100 with 1 warning sign 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 Micronics Japan Co (FRA:MJ3), the current Forward PE Ratio is 27.22 as of Jul. 28, 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 Micronics Japan Co (FRA:MJ3) Overvalued in 2026?
Based on GuruFocus' analysis, Micronics Japan Co stock appears to be overvalued.
The current stock price of €78.00 is trading 111.8% above its estimated GF Value™ of €36.82.
GuruFocus considers Micronics Japan Co to be Significantly Overvalued.
Key valuation signals for FRA:MJ3:
Forward PE Ratio: 27.22
GF Value™: €36.82 vs. price of €78.00 (111.8% above fair value)
Industry Position: 8.1% below the Semiconductors median (#242 of 550)
No single metric tells the full story. See the FRA:MJ3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Micronics Japan Co Ltd is a Japanese company which is engaged in manufacturing of semiconductor and related products. It mainly produces probe cards for testing the electrical properties of wafers, testing equipment and test sockets for property testing after packaging, and a wafer prober, which is used for evaluation and analysis of devices. The company also offers products such as array probers, which are used for testing the electrical properties of flat panel displays (FDP), automated optical inspection equipment used for the display inspection of panels, and probe units that send electrical signals to test panels. Its product portfolio includes probe cards, package probe, semiconductor test equipment, automated optical inspection equipment, probe units, and FDP prober products.
85GF Score
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