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Taiheiyo Cement (OTCPK:THYCF) 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 .
Taiheiyo Cement Forward PE Ratio Related Terms
Taiheiyo Cement Forward PE Ratio Historical Data
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The historical data trend for Taiheiyo Cement'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.
Taiheiyo Cement Forward PE Ratio Chart
Taiheiyo Cement Annual Data
Trend
2018-03
2019-03
2025-03
2026-03
Forward PE Ratio
9.47
10.12
6.43
8.04
Taiheiyo Cement Quarterly Data
2018-03
2018-06
2018-09
2018-12
2019-03
2019-06
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
9.47
10.92
10.09
8.57
10.12
8.80
6.85
6.43
6.38
6.89
7.05
8.04
THYCF vs CRH, VMC, MLM: Forward PE Ratio Comparison
For the Building Materials subindustry, Taiheiyo Cement'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.
Taiheiyo Cement Forward PE Ratio vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Taiheiyo Cement's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Taiheiyo Cement'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.
Taiheiyo Cement (THYCF) has a Forward PE Ratio of 8.63 as of Jul. 15, 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 Taiheiyo Cement and its competitors. According to the industry distribution chart, Taiheiyo Cement ranks #34 out of 157 companies in the Building Materials industry, placing it in the top 21.7%.
Is Taiheiyo Cement's Forward PE Ratio too high?
Taiheiyo Cement's current Forward PE Ratio is 8.63. The Building Materials industry median Forward PE Ratio is 13.32. Taiheiyo Cement's value of 8.63 is 35.2% below this industry median. Based on the distribution chart, Taiheiyo Cement ranks #34 out of 157 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Taiheiyo Cement has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Taiheiyo Cement's Forward PE Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, Taiheiyo Cement ranks #34 out of 157 companies for Forward PE Ratio. This places Taiheiyo Cement in the top 22% of its industry — outperforming the majority of peers. The industry median Forward PE Ratio is 13.32. Taiheiyo Cement's value of 8.63 is 35.2% 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 Building Materials company?
The median Forward PE Ratio among Building Materials companies is 13.32, based on 157 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. Taiheiyo Cement's current Forward PE Ratio of 8.63 is 35.2% 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 Taiheiyo Cement and its competitors. For the Building Materials industry, the median Forward PE Ratio is 13.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiheiyo Cement's current Forward PE Ratio is 8.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiheiyo Cement stock overvalued right now?
Based on GuruFocus' analysis, Taiheiyo Cement (THYCF) is currently considered Fairly Valued. The stock's GF Value™ is $25.56, compared to a current price of $24.22 — trading 5.2% below its estimated fair value. The current Forward PE Ratio is 8.63 and 35.2% below the Building Materials industry median of 13.32. Taiheiyo Cement's overall GF Score™ is 72/100 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 Taiheiyo Cement (THYCF), the current Forward PE Ratio is 8.63 as of Jul. 15, 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 Taiheiyo Cement (THYCF) Overvalued in 2026?
Based on GuruFocus' analysis, Taiheiyo Cement stock appears to be undervalued.
The current stock price of $24.22 is trading 5.2% below its estimated GF Value™ of $25.56.
GuruFocus considers Taiheiyo Cement to be Fairly Valued.
Key valuation signals for THYCF:
Forward PE Ratio: 8.63
GF Value™: $25.56 vs. price of $24.22 (5.2% below fair value)
Industry Position: 35.2% below the Building Materials median (#34 of 157)
No single metric tells the full story. See the THYCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiheiyo Cement Corp is a Japan-based company mainly engaged in the manufacture and sale of cement products. The company operates through four main segments. The Building Materials and Civil Engineering segment handles secondary concrete products and ALC (lightweight aerated concrete). The Cement segment covers various cement types and ready-mixed concrete. The Environmental Business focuses on waste recycling and desulfurization materials. The Resources segment deals with aggregates and limestone products. The Others segment includes real estate, engineering, information processing, finance, transportation, warehousing, chemical products, sports, and power supply. It generates the majority of its revenue from the Cement segment.
72GF 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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