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Tokyo Energy & Systems (TSE:1945) 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 Energy & Systems Forward PE Ratio Related Terms
Tokyo Energy & Systems Forward PE Ratio Historical Data
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The historical data trend for Tokyo Energy & Systems'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.
Tokyo Energy & Systems Forward PE Ratio Chart
Tokyo Energy & Systems Annual Data
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Forward PE Ratio
Tokyo Energy & Systems Quarterly Data
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TSE:1945 vs PWR, FIX, EME: Forward PE Ratio Comparison
For the Engineering & Construction subindustry, Tokyo Energy & Systems'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 Energy & Systems Forward PE Ratio vs Construction Industry
For the Construction industry and Industrials sector, Tokyo Energy & Systems's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Tokyo Energy & Systems's Forward PE Ratio falls into.
Tokyo Energy & Systems 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 Energy & Systems (TSE:1945) has a Forward PE Ratio of 12.64 as of Sep. 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 Tokyo Energy & Systems and its competitors. According to the industry distribution chart, Tokyo Energy & Systems ranks #323 out of 649 companies in the Construction industry, placing it in the top 49.8%.
Is Tokyo Energy & Systems' Forward PE Ratio too high?
Tokyo Energy & Systems' current Forward PE Ratio is 12.64. The Construction industry median Forward PE Ratio is 12.71. Tokyo Energy & Systems' value of 12.64 is 0.6% below this industry median. Based on the distribution chart, Tokyo Energy & Systems ranks #323 out of 649 companies in the Construction industry, which is above the industry midpoint. Overall, Tokyo Energy & Systems has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokyo Energy & Systems' Forward PE Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Tokyo Energy & Systems ranks #323 out of 649 companies for Forward PE Ratio. This puts Tokyo Energy & Systems in the upper half of its industry. The industry median Forward PE Ratio is 12.71. Tokyo Energy & Systems' value of 12.64 is 0.6% 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 Construction company?
The median Forward PE Ratio among Construction companies is 12.71, based on 649 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 Energy & Systems's current Forward PE Ratio of 12.64 is 0.6% 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 Energy & Systems and its competitors. For the Construction industry, the median Forward PE Ratio is 12.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyo Energy & Systems's current Forward PE Ratio is 12.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Energy & Systems stock overvalued right now?
Based on GuruFocus' analysis, Tokyo Energy & Systems (TSE:1945) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,300.88, compared to a current price of 円2,050.00 — trading 57.6% above its estimated fair value. The current Forward PE Ratio is 12.64 and 0.6% below the Construction industry median of 12.71. Tokyo Energy & Systems' overall GF Score™ is 66/100 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 Tokyo Energy & Systems (TSE:1945), the current Forward PE Ratio is 12.64 as of Sep. 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 Tokyo Energy & Systems (TSE:1945) Overvalued in 2026?
Based on GuruFocus' analysis, Tokyo Energy & Systems stock appears to be overvalued.
The current stock price of 円2,050.00 is trading 57.6% above its estimated GF Value™ of 円1,300.88.
GuruFocus considers Tokyo Energy & Systems to be Significantly Overvalued.
Key valuation signals for TSE:1945:
Forward PE Ratio: 12.64
GF Value™: 円1,300.88 vs. price of 円2,050.00 (57.6% above fair value)
Industry Position: 0.6% below the Construction median (#323 of 649)
No single metric tells the full story. See the TSE:1945 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tokyo Energy & Systems Inc constructs and maintains electricity generation plants, substations, and other power-related equipment. It also provides equipment for and assist in the construction of solar power generation stations and work to promote other forms of renewable energy. It is also engaged in the construction of much of the electrical equipment used in buildings and factories, as well as telecommunication equipment, and provides a service that dispatches engineers. The company's reportable segment is Facility installation business.
66GF Score
Get the complete analysis for TSE:1945
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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