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Nitto KogyoNELEF 94 Forward PE Ratio is 11.05 as of Jul. 21, 2026. GuruFocus rates NELEF with a GF Score™ of 94/100 and a GF Value™ of $21.76. The stock has 1 warning sign investors should review. Among 1,290 Industrial Products companies, Nitto Kogyo ranks better than 71.4% on this metric.
Nitto Kogyo's Forward PE Ratio for today is 11.05.
Nitto Kogyo (OTCPK:NELEF) 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 .
Nitto Kogyo Forward PE Ratio Related Terms
Nitto Kogyo Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Nitto Kogyo'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.
Nitto Kogyo Forward PE Ratio Chart
Nitto Kogyo Annual Data
Trend
2025-03
2026-03
Forward PE Ratio
12.14
10.93
Nitto Kogyo Quarterly Data
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
12.95
12.14
11.50
11.70
11.23
10.93
NELEF vs VRT, BE: Forward PE Ratio Comparison
For the Electrical Equipment & Parts subindustry, Nitto Kogyo'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.
Nitto Kogyo Forward PE Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Nitto Kogyo's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Nitto Kogyo'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.
Nitto Kogyo (NELEF) has a Forward PE Ratio of 11.05 as of Jul. 21, 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 Nitto Kogyo and its competitors. According to the industry distribution chart, Nitto Kogyo ranks #369 out of 1290 companies in the Industrial Products industry, placing it in the top 28.6%.
Is Nitto Kogyo's Forward PE Ratio too high?
Nitto Kogyo's current Forward PE Ratio is 11.05. The Industrial Products industry median Forward PE Ratio is 18.92. Nitto Kogyo's value of 11.05 is 41.6% below this industry median. Based on the distribution chart, Nitto Kogyo ranks #369 out of 1290 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Nitto Kogyo has a GF Score™ of 94/100, reflecting its overall financial health beyond just this single metric.
How does Nitto Kogyo's Forward PE Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Nitto Kogyo ranks #369 out of 1290 companies for Forward PE Ratio. This puts Nitto Kogyo in the upper half of its industry. The industry median Forward PE Ratio is 18.92. Nitto Kogyo's value of 11.05 is 41.6% 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 an Industrial Products company?
The median Forward PE Ratio among Industrial Products companies is 18.92, based on 1,290 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. Nitto Kogyo's current Forward PE Ratio of 11.05 is 41.6% 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 Nitto Kogyo and its competitors. For the Industrial Products industry, the median Forward PE Ratio is 18.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nitto Kogyo's current Forward PE Ratio is 11.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitto Kogyo stock overvalued right now?
Nitto Kogyo (NELEF) has a current Forward PE Ratio of 11.05. The stock's GF Value™ is $21.76, compared to a current price of $21.65 — trading 0.5% below its estimated fair value. The current Forward PE Ratio is 11.05 and 41.6% below the Industrial Products industry median of 18.92. Nitto Kogyo's overall GF Score™ is 94/100 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 Nitto Kogyo (NELEF), the current Forward PE Ratio is 11.05 as of Jul. 21, 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 Nitto Kogyo (NELEF) Overvalued in 2026?
Based on GuruFocus' analysis, Nitto Kogyo stock appears to be undervalued.
The current stock price of $21.65 is trading 0.5% below its estimated GF Value™ of $21.76.
Key valuation signals for NELEF:
Forward PE Ratio: 11.05
GF Value™: $21.76 vs. price of $21.65 (0.5% below fair value)
Industry Position: 41.6% below the Industrial Products median (#369 of 1290)
No single metric tells the full story. See the NELEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nitto Kogyo Corp is a Japan-based company which provides a wide range of product materials, such as electric circuit panelboard powered high-pressure equipment, such as information and communications-related materials. It is engaged in manufacture and sales of electric and mechanical equipment such as high-voltage power-receiving equipment, panel boards, home panel boards, charging stations, optical junction boxes, metal enclosures, plastic enclosures, racks, breakers, switches, thermal management products, and so on. The company is also in Power Generation and sales business.
94GF Score
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