Toyota MotorTOYOF +1.27%76 Forward PE Ratio is 9.28 as of Jul. 03, 2026. GuruFocus rates TOYOF with a GF Score™ of 76/100 and a GF Value™ of $20.77 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 593 Vehicles & Parts companies, Toyota Motor ranks better than 72.01% on this metric.
Toyota Motor's Forward PE Ratio for today is 9.28.
Toyota Motor (OTCPK:TOYOF) 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 .
Toyota Motor Forward PE Ratio Related Terms
Toyota Motor Forward PE Ratio Historical Data
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The historical data trend for Toyota Motor'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.
Toyota Motor Forward PE Ratio Chart
Toyota Motor Annual Data
Trend
2016-03
2017-03
2018-03
2019-03
2020-03
2021-03
2022-03
2023-03
2024-03
2025-03
2026-03
Forward PE Ratio
7.98
9.85
9.73
8.17
8.57
11.04
9.32
8.84
12.94
8.49
10.42
Toyota Motor Quarterly Data
2015-12
2016-03
2016-06
2016-09
2016-12
2017-03
2017-06
2017-09
2017-12
2018-03
2018-06
2018-09
2018-12
2019-03
2019-06
2019-09
2019-12
2020-03
2020-06
2020-09
2020-12
2021-03
2021-06
2021-09
2021-12
2022-03
2022-06
2022-09
2022-12
2023-03
2023-06
2023-09
2023-12
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
9.70
7.98
7.96
10.85
13.21
9.85
10.33
11.33
12.06
9.73
9.49
9.06
8.05
8.17
8.42
9.52
9.28
8.57
22.22
16.26
11.19
11.04
11.88
11.01
9.41
9.32
10.45
8.84
7.90
8.84
10.74
10.64
9.31
12.94
9.30
7.99
9.84
8.49
10.09
12.05
10.89
10.42
TOYOF vs TSLA, GM, F: Forward PE Ratio Comparison
For the Auto Manufacturers subindustry, Toyota Motor'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.
Toyota Motor Forward PE Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Toyota Motor's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Toyota Motor'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.
Toyota Motor (TOYOF) has a Forward PE Ratio of 9.28 as of Jul. 03, 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 Toyota Motor and its competitors. According to the industry distribution chart, Toyota Motor ranks #166 out of 593 companies in the Vehicles & Parts industry, placing it in the top 28%.
Is Toyota Motor's Forward PE Ratio too high?
Toyota Motor's current Forward PE Ratio is 9.28. The Vehicles & Parts industry median Forward PE Ratio is 13.16. Toyota Motor's value of 9.28 is 29.5% below this industry median. Based on the distribution chart, Toyota Motor ranks #166 out of 593 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Toyota Motor has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Toyota Motor's Forward PE Ratio compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Toyota Motor ranks #166 out of 593 companies for Forward PE Ratio. This puts Toyota Motor in the upper half of its industry. The industry median Forward PE Ratio is 13.16. Toyota Motor's value of 9.28 is 29.5% 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 13.16, based on 593 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. Toyota Motor's current Forward PE Ratio of 9.28 is 29.5% 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 Toyota Motor and its competitors. For the Vehicles & Parts industry, the median Forward PE Ratio is 13.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toyota Motor's current Forward PE Ratio is 9.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toyota Motor stock overvalued right now?
Based on GuruFocus' analysis, Toyota Motor (TOYOF) is currently considered Modestly Undervalued. The stock's GF Value™ is $20.77, compared to a current price of $17.20 — trading 17.2% below its estimated fair value. The current Forward PE Ratio is 9.28 and 29.5% below the Vehicles & Parts industry median of 13.16. Toyota Motor's overall GF Score™ is 76/100 with 3 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 Toyota Motor (TOYOF), the current Forward PE Ratio is 9.28 as of Jul. 03, 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 Toyota Motor (TOYOF) Overvalued in 2026?
Based on GuruFocus' analysis, Toyota Motor stock appears to be undervalued.
The current stock price of $17.20 is trading 17.2% below its estimated GF Value™ of $20.77.
GuruFocus considers Toyota Motor to be Modestly Undervalued.
Key valuation signals for TOYOF:
Forward PE Ratio: 9.28
GF Value™: $20.77 vs. price of $17.20 (17.2% below fair value)
Industry Position: 29.5% below the Vehicles & Parts median (#166 of 593)
No single metric tells the full story. See the TOYOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 1937, Toyota is one of the world's largest automakers, with 11.3 million units sold at retail in fiscal 2026, including 10.5 million across the Toyota and Lexus brands. Brands include Toyota, Lexus, Daihatsu, and truck maker Hino; market share in Japan is about 50% excluding mini-vehicles, while US share is around 14%. The firm also owns stakes in Denso, a parts supplier, about 20% of Subaru, and holds investments in many other firms, including shares of Uber Technologies, Joby Aviation, Aurora Innovation, Isuzu Motors, and about 5% in each of Mazda and Suzuki. Fiscal 2026 sales excluding financial services were JPY 46.1 trillion. Toyota also has a financing arm and manufactures homes and boats.
76GF 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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