Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Toyo CoTOYO -1.75%21 Forward PE Ratio is 2.20 as of Jul. 22, 2026. GuruFocus rates TOYO with a GF Score™ of 21/100. The stock has 2 warning signs investors should review. Among 549 Semiconductors companies, Toyo Co ranks better than 98.72% on this metric.
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 .
Toyo Co Forward PE Ratio Related Terms
Toyo Co Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Toyo Co'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.
Toyo Co Forward PE Ratio Chart
Toyo Co Annual Data
Trend
Forward PE Ratio
Toyo Co Semi-Annual Data
Forward PE Ratio
TOYO vs TYGO, HYSR, SPWR: Forward PE Ratio Comparison
For the Solar subindustry, Toyo 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.
Toyo Co Forward PE Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Toyo Co's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Toyo Co'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.
Toyo Co (TOYO) has a Forward PE Ratio of 2.20 as of Jul. 22, 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 Toyo Co and its competitors. According to the industry distribution chart, Toyo Co ranks #7 out of 549 companies in the Semiconductors industry, placing it in the top 1.3%.
Is Toyo Co's Forward PE Ratio too high?
Toyo Co's current Forward PE Ratio is 2.20. The Semiconductors industry median Forward PE Ratio is 31.23. Toyo Co's value of 2.20 is 93% below this industry median. Based on the distribution chart, Toyo Co ranks #7 out of 549 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Toyo Co has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Toyo Co's Forward PE Ratio compare to TYGO and HYSR?
According to the Semiconductors industry distribution chart, Toyo Co ranks #7 out of 549 companies for Forward PE Ratio. This places Toyo Co in the top 1% of its industry — outperforming the majority of peers. The industry median Forward PE Ratio is 31.23. Toyo Co's value of 2.20 is 93% 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 Semiconductors company?
The median Forward PE Ratio among Semiconductors companies is 31.23, based on 549 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. Toyo Co's current Forward PE Ratio of 2.20 is 93% 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 Toyo Co and its competitors. For the Semiconductors industry, the median Forward PE Ratio is 31.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toyo Co's current Forward PE Ratio is 2.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toyo Co stock overvalued right now?
Toyo Co (TOYO) has a current Forward PE Ratio of 2.20. The current Forward PE Ratio is 2.20 and 93% below the Semiconductors industry median of 31.23. Toyo Co's overall GF Score™ is 21/100 with 2 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 Toyo Co (TOYO), the current Forward PE Ratio is 2.20 as of Jul. 22, 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.
Toyo Co Ltd, along with its subsidiaries, is engaged in research and development, production, and sales of solar cells and solar modules and related businesses. The company operates across the solar value chain, including upstream wafer and silicon manufacturing, midstream solar cell production, and downstream photovoltaic (PV) module production. It generated revenues from sales of solar cells, solar modules and provision of facilitation services. Geographically, the company derived the majority of the revenue from the USA.
21GF Score
Get the complete analysis for TOYO
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TOYO has been successfully added to your 
