Tokyo Steel Manufacturing Co (OTCPK:TOKSF) 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 .
Tokyo Steel Manufacturing Co Forward PE Ratio Related Terms
Tokyo Steel Manufacturing Co Forward PE Ratio Historical Data
* 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.
Tokyo Steel Manufacturing Co Forward PE Ratio Chart
Tokyo Steel Manufacturing Co Annual Data
Trend
2025-03
2026-03
Forward PE Ratio
5.81
12.50
Tokyo Steel Manufacturing Co Quarterly Data
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
7.08
5.81
5.55
5.89
7.32
12.50
TOKSF vs NUE, STLD, RS: Forward PE Ratio Comparison
For the Steel subindustry, Tokyo Steel Manufacturing Co'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.
Tokyo Steel Manufacturing Co Forward PE Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Tokyo Steel Manufacturing Co's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Tokyo Steel Manufacturing Co's Forward PE Ratio falls into.
Tokyo Steel Manufacturing Co 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.
Tokyo Steel Manufacturing Co (TOKSF) has a Forward PE Ratio of 11.69 as of Jul. 11, 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 Tokyo Steel Manufacturing Co and its competitors. According to the industry distribution chart, Tokyo Steel Manufacturing Co ranks #95 out of 179 companies in the Steel industry, placing it in the top 53.1%.
Is Tokyo Steel Manufacturing Co's Forward PE Ratio too high?
Tokyo Steel Manufacturing Co's current Forward PE Ratio is 11.69. The Steel industry median Forward PE Ratio is 13.66. Tokyo Steel Manufacturing Co's value of 11.69 is 14.4% below this industry median. Based on the distribution chart, Tokyo Steel Manufacturing Co ranks #95 out of 179 companies in the Steel industry, which is below the industry midpoint. Overall, Tokyo Steel Manufacturing Co has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Tokyo Steel Manufacturing Co's Forward PE Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Tokyo Steel Manufacturing Co ranks #95 out of 179 companies for Forward PE Ratio. This places Tokyo Steel Manufacturing Co in the lower half of its industry. The industry median Forward PE Ratio is 13.66. Tokyo Steel Manufacturing Co's value of 11.69 is 14.4% 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 Steel company?
The median Forward PE Ratio among Steel companies is 13.66, based on 179 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. Tokyo Steel Manufacturing Co's current Forward PE Ratio of 11.69 is 14.4% 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 Tokyo Steel Manufacturing Co and its competitors. For the Steel industry, the median Forward PE Ratio is 13.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyo Steel Manufacturing Co's current Forward PE Ratio is 11.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Steel Manufacturing Co stock overvalued right now?
Tokyo Steel Manufacturing Co (TOKSF) has a current Forward PE Ratio of 11.69. The stock's GF Value™ is $7.97, compared to a current price of $9.11 — trading 14.3% above its estimated fair value. The current Forward PE Ratio is 11.69 and 14.4% below the Steel industry median of 13.66. Tokyo Steel Manufacturing Co's overall GF Score™ is 77/100 with 10 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 Tokyo Steel Manufacturing Co (TOKSF), the current Forward PE Ratio is 11.69 as of Jul. 11, 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 Tokyo Steel Manufacturing Co (TOKSF) Overvalued in 2026?
Based on GuruFocus' analysis, Tokyo Steel Manufacturing Co stock appears to be overvalued.
The current stock price of $9.11 is trading 14.3% above its estimated GF Value™ of $7.97.
Key valuation signals for TOKSF:
Forward PE Ratio: 11.69
GF Value™: $7.97 vs. price of $9.11 (14.3% above fair value)
Industry Position: 14.4% below the Steel median (#95 of 179)
No single metric tells the full story. See the TOKSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tokyo Steel Manufacturing Co Ltd is a Japan-based company engaged in production of long steel products and flat steel products. The company's long product portfolio comprises H beams, sheet piles, I-beams, checkered H-beams, channels, and reinforcing bars. The company's flat product portfolio consists of heavy plates, hot-rolled coils, pickled and oiled coils, hot-dip galvanized coils, checkered coils, and steel sheets. These products are used in a broad range of applications, including construction, civil engineering, industrial equipment, plant equipment, bridge, and shipbuilding. The company has four plants located in Tahara, Okayama, Kyushu, and Utsunomiya. Tokyo Steel Manufacturing generates the majority of its revenue from the Japanese domestic market.
77GF Score
Get the complete analysis for TOKSF
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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