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Toyo Kanetsu KK (FRA:TQ2) 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 .
Toyo Kanetsu KK Forward PE Ratio Related Terms
Toyo Kanetsu KK Forward PE Ratio Historical Data
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The historical data trend for Toyo Kanetsu KK'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.
Toyo Kanetsu KK Forward PE Ratio Chart
Toyo Kanetsu KK Annual Data
Trend
2026-03
Forward PE Ratio
7.87
Toyo Kanetsu KK Quarterly Data
2026-03
Forward PE Ratio
7.87
FRA:TQ2 vs GEV, ETN, PH: Forward PE Ratio Comparison
For the Specialty Industrial Machinery subindustry, Toyo Kanetsu KK'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.
Toyo Kanetsu KK Forward PE Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Toyo Kanetsu KK's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Toyo Kanetsu KK'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.
Toyo Kanetsu KK (FRA:TQ2) has a Forward PE Ratio of 12.74 as of Aug. 02, 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 Toyo Kanetsu KK and its competitors. According to the industry distribution chart, Toyo Kanetsu KK ranks #339 out of 1295 companies in the Industrial Products industry, placing it in the top 26.2%.
Is Toyo Kanetsu KK's Forward PE Ratio too high?
Toyo Kanetsu KK's current Forward PE Ratio is 12.74. The Industrial Products industry median Forward PE Ratio is 19.00. Toyo Kanetsu KK's value of 12.74 is 32.9% below this industry median. Based on the distribution chart, Toyo Kanetsu KK ranks #339 out of 1295 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Toyo Kanetsu KK has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Toyo Kanetsu KK's Forward PE Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Toyo Kanetsu KK ranks #339 out of 1295 companies for Forward PE Ratio. This puts Toyo Kanetsu KK in the upper half of its industry. The industry median Forward PE Ratio is 19.00. Toyo Kanetsu KK's value of 12.74 is 32.9% 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 an Industrial Products company?
The median Forward PE Ratio among Industrial Products companies is 19.00, based on 1,295 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. Toyo Kanetsu KK's current Forward PE Ratio of 12.74 is 32.9% 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 Toyo Kanetsu KK and its competitors. For the Industrial Products industry, the median Forward PE Ratio is 19.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toyo Kanetsu KK's current Forward PE Ratio is 12.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toyo Kanetsu KK stock overvalued right now?
Toyo Kanetsu KK (FRA:TQ2) has a current Forward PE Ratio of 12.74. The stock's GF Value™ is €12.09, compared to a current price of €13.10 — trading 8.4% above its estimated fair value. The current Forward PE Ratio is 12.74 and 32.9% below the Industrial Products industry median of 19.00. Toyo Kanetsu KK's overall GF Score™ is 82/100 with 2 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 Toyo Kanetsu KK (FRA:TQ2), the current Forward PE Ratio is 12.74 as of Aug. 02, 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 Toyo Kanetsu KK (FRA:TQ2) Overvalued in 2026?
Based on GuruFocus' analysis, Toyo Kanetsu KK stock appears to be overvalued.
The current stock price of €13.10 is trading 8.4% above its estimated GF Value™ of €12.09.
Key valuation signals for FRA:TQ2:
Forward PE Ratio: 12.74
GF Value™: €12.09 vs. price of €13.10 (8.4% above fair value)
Industry Position: 32.9% below the Industrial Products median (#339 of 1295)
No single metric tells the full story. See the FRA:TQ2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Toyo Kanetsu KK produces and sells industrial furnaces. It operates in two reportable segments which include Plant and machinery segment and Material handling system segment. Plant and machinery comprise of designing, manufacturing, installation of storage tanks for LNG (Liquefied natural gas), crude oil and other gases and liquids whereas Material handling system segment is engaged in the development, designing and installation of distribution system especially for sorting, picking and conveyance. The business activity of the group is operated by Japan, Southeast Asia, Oceania, and Internationally.
82GF Score
Get the complete analysis for FRA:TQ2
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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