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Topy Industries (NGO:7231) 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 .
Topy Industries Forward PE Ratio Related Terms
Topy Industries Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Topy Industries'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.
Topy Industries Forward PE Ratio Chart
Topy Industries Annual Data
Trend
2025-03
2026-03
Forward PE Ratio
9.99
10.38
Topy Industries Quarterly Data
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
8.43
9.99
9.49
9.98
9.32
10.38
NGO:7231 vs ORLY, AZO: Forward PE Ratio Comparison
For the Auto Parts subindustry, Topy Industries'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.
Topy Industries Forward PE Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Topy Industries's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Topy Industries'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.
Topy Industries (NGO:7231) has a Forward PE Ratio of 8.19 as of Aug. 04, 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 Topy Industries and its competitors. According to the industry distribution chart, Topy Industries ranks #127 out of 597 companies in the Vehicles & Parts industry, placing it in the top 21.3%.
Is Topy Industries' Forward PE Ratio too high?
Topy Industries' current Forward PE Ratio is 8.19. The Vehicles & Parts industry median Forward PE Ratio is 13.83. Topy Industries' value of 8.19 is 40.8% below this industry median. Based on the distribution chart, Topy Industries ranks #127 out of 597 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Topy Industries has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Topy Industries' Forward PE Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Topy Industries ranks #127 out of 597 companies for Forward PE Ratio. This places Topy Industries in the top 21% of its industry — outperforming the majority of peers. The industry median Forward PE Ratio is 13.83. Topy Industries' value of 8.19 is 40.8% 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 Vehicles & Parts company?
The median Forward PE Ratio among Vehicles & Parts companies is 13.83, based on 597 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. Topy Industries's current Forward PE Ratio of 8.19 is 40.8% 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 Topy Industries and its competitors. For the Vehicles & Parts industry, the median Forward PE Ratio is 13.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Topy Industries's current Forward PE Ratio is 8.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Topy Industries stock overvalued right now?
Topy Industries (NGO:7231) has a current Forward PE Ratio of 8.19. The stock's GF Value™ is 円2,368.73, compared to a current price of 円2,850.00 — trading 20.3% above its estimated fair value. The current Forward PE Ratio is 8.19 and 40.8% below the Vehicles & Parts industry median of 13.83. Topy Industries' overall GF Score™ is 77/100 with 4 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 Topy Industries (NGO:7231), the current Forward PE Ratio is 8.19 as of Aug. 04, 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 Topy Industries (NGO:7231) Overvalued in 2026?
Based on GuruFocus' analysis, Topy Industries stock appears to be overvalued.
The current stock price of 円2,850.00 is trading 20.3% above its estimated GF Value™ of 円2,368.73.
Key valuation signals for NGO:7231:
Forward PE Ratio: 8.19
GF Value™: 円2,368.73 vs. price of 円2,850.00 (20.3% above fair value)
Industry Position: 40.8% below the Vehicles & Parts median (#127 of 597)
No single metric tells the full story. See the NGO:7231 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Topy Industries Ltd is a Japanese producer of steel and automotive and industrial machinery components. Topy's largest segment by revenue, automotive and industrial machinery components, produces steel and aluminum wheels for passenger cars, commercial trucks, and buses; ultra-large-diameter wheels for mining dump trucks; industrial spring steel fasteners; and undercarriage components such as track shoes, cutting edges, links, and rollers. In its second- largest segment, the company produces general steel sections, deformed and flat bars, mast rail sections for forklifts, and universal mill plates.
77GF Score
Get the complete analysis for NGO:7231
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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