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Tokio Marine Holdings (HAM:MH6) 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 .
Tokio Marine Holdings Forward PE Ratio Related Terms
Tokio Marine Holdings Forward PE Ratio Historical Data
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The historical data trend for Tokio Marine Holdings'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.
Tokio Marine Holdings Forward PE Ratio Chart
Tokio Marine Holdings Annual Data
Trend
2026-03
Forward PE Ratio
14.02
Tokio Marine Holdings Quarterly Data
2025-12
2026-03
Forward PE Ratio
10.93
14.02
HAM:MH6 vs CB, PGR, TRV: Forward PE Ratio Comparison
For the Insurance - Property & Casualty subindustry, Tokio Marine Holdings'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.
Tokio Marine Holdings Forward PE Ratio vs Insurance Industry
For the Insurance industry and Financial Services sector, Tokio Marine Holdings's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Tokio Marine Holdings's Forward PE Ratio falls into.
Tokio Marine Holdings 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.
Tokio Marine Holdings (HAM:MH6) has a Forward PE Ratio of 15.72 as of Jul. 29, 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 Tokio Marine Holdings and its competitors. According to the industry distribution chart, Tokio Marine Holdings ranks #195 out of 275 companies in the Insurance industry, placing it in the top 70.9%.
Is Tokio Marine Holdings' Forward PE Ratio too high?
Tokio Marine Holdings' current Forward PE Ratio is 15.72. The Insurance industry median Forward PE Ratio is 11.91. Tokio Marine Holdings' value of 15.72 is 32% above this industry median. Based on the distribution chart, Tokio Marine Holdings ranks #195 out of 275 companies in the Insurance industry, which is below the industry midpoint. Overall, Tokio Marine Holdings has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokio Marine Holdings' Forward PE Ratio compare to CB and PGR?
According to the Insurance industry distribution chart, Tokio Marine Holdings ranks #195 out of 275 companies for Forward PE Ratio. This places Tokio Marine Holdings in the lower half of its industry. The industry median Forward PE Ratio is 11.91. Tokio Marine Holdings' value of 15.72 is 32% above 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 Insurance company?
The median Forward PE Ratio among Insurance companies is 11.91, based on 275 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. Tokio Marine Holdings's current Forward PE Ratio of 15.72 is 32% above 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 Tokio Marine Holdings and its competitors. For the Insurance industry, the median Forward PE Ratio is 11.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokio Marine Holdings's current Forward PE Ratio is 15.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokio Marine Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tokio Marine Holdings (HAM:MH6) is currently considered Modestly Overvalued. The stock's GF Value™ is €33.85, compared to a current price of €43.51 — trading 28.5% above its estimated fair value. The current Forward PE Ratio is 15.72 and 32% above the Insurance industry median of 11.91. Tokio Marine Holdings' overall GF Score™ is 59/100 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 Tokio Marine Holdings (HAM:MH6), the current Forward PE Ratio is 15.72 as of Jul. 29, 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 Tokio Marine Holdings (HAM:MH6) Overvalued in 2026?
Based on GuruFocus' analysis, Tokio Marine Holdings stock appears to be overvalued.
The current stock price of €43.51 is trading 28.5% above its estimated GF Value™ of €33.85.
GuruFocus considers Tokio Marine Holdings to be Modestly Overvalued.
Key valuation signals for HAM:MH6:
Forward PE Ratio: 15.72
GF Value™: €33.85 vs. price of €43.51 (28.5% above fair value)
Industry Position: 32% above the Insurance median (#195 of 275)
No single metric tells the full story. See the HAM:MH6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dating back to 1879, Tokio Marine is the oldest insurance company in Japan and operated as its top property and casualty insurer for decades. Following industry consolidation, it now shares domestic dominance with MS and AD and Sompo. However, Tokio Marine remains by far the most valuable listed Japanese insurer by market capitalization. This premium valuation is driven by an aggressive unwinding of domestic cross-shareholdings and a highly profitable overseas portfolio. The majority of its international business is based in the United States, where it has acquired premium specialty insurers since 2008, including Philadelphia Consolidated, Delphi Financial, Tokio Marine HCC, and Privilege Underwriters Reciprocal Exchange, recently fortified by a capital alliance with Berkshire Hathaway.
59GF Score
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Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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