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Taihei Dengyo Kaisha (TSE:1968) 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 .
Taihei Dengyo Kaisha Forward PE Ratio Related Terms
Taihei Dengyo Kaisha Forward PE Ratio Historical Data
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The historical data trend for Taihei Dengyo Kaisha'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.
Taihei Dengyo Kaisha Forward PE Ratio Chart
Taihei Dengyo Kaisha Annual Data
Trend
2025-03
2026-03
Forward PE Ratio
9.49
16.60
Taihei Dengyo Kaisha Quarterly Data
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
10.26
9.49
10.50
4.11
11.50
16.60
TSE:1968 vs PWR, FIX, EME: Forward PE Ratio Comparison
For the Engineering & Construction subindustry, Taihei Dengyo Kaisha'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.
Taihei Dengyo Kaisha Forward PE Ratio vs Construction Industry
For the Construction industry and Industrials sector, Taihei Dengyo Kaisha's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Taihei Dengyo Kaisha'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.
Taihei Dengyo Kaisha (TSE:1968) has a Forward PE Ratio of 12.08 as of Jul. 30, 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 Taihei Dengyo Kaisha and its competitors. According to the industry distribution chart, Taihei Dengyo Kaisha ranks #264 out of 642 companies in the Construction industry, placing it in the top 41.1%.
Is Taihei Dengyo Kaisha's Forward PE Ratio too high?
Taihei Dengyo Kaisha's current Forward PE Ratio is 12.08. The Construction industry median Forward PE Ratio is 13.70. Taihei Dengyo Kaisha's value of 12.08 is 11.8% below this industry median. Based on the distribution chart, Taihei Dengyo Kaisha ranks #264 out of 642 companies in the Construction industry, which is above the industry midpoint. Overall, Taihei Dengyo Kaisha has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taihei Dengyo Kaisha's Forward PE Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Taihei Dengyo Kaisha ranks #264 out of 642 companies for Forward PE Ratio. This puts Taihei Dengyo Kaisha in the upper half of its industry. The industry median Forward PE Ratio is 13.70. Taihei Dengyo Kaisha's value of 12.08 is 11.8% 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 13.70, based on 642 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. Taihei Dengyo Kaisha's current Forward PE Ratio of 12.08 is 11.8% 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 Taihei Dengyo Kaisha and its competitors. For the Construction industry, the median Forward PE Ratio is 13.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taihei Dengyo Kaisha's current Forward PE Ratio is 12.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taihei Dengyo Kaisha stock overvalued right now?
Based on GuruFocus' analysis, Taihei Dengyo Kaisha (TSE:1968) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,753.25, compared to a current price of 円2,393.00 — trading 36.5% above its estimated fair value. The current Forward PE Ratio is 12.08 and 11.8% below the Construction industry median of 13.70. Taihei Dengyo Kaisha's overall GF Score™ is 81/100 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 Taihei Dengyo Kaisha (TSE:1968), the current Forward PE Ratio is 12.08 as of Jul. 30, 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 Taihei Dengyo Kaisha (TSE:1968) Overvalued in 2026?
Based on GuruFocus' analysis, Taihei Dengyo Kaisha stock appears to be overvalued.
The current stock price of 円2,393.00 is trading 36.5% above its estimated GF Value™ of 円1,753.25.
GuruFocus considers Taihei Dengyo Kaisha to be Significantly Overvalued.
Key valuation signals for TSE:1968:
Forward PE Ratio: 12.08
GF Value™: 円1,753.25 vs. price of 円2,393.00 (36.5% above fair value)
Industry Position: 11.8% below the Construction median (#264 of 642)
No single metric tells the full story. See the TSE:1968 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taihei Dengyo Kaisha Ltd is a Japan-based company mainly engaged in the construction business. It is involved in the construction and maintenance of thermal, nuclear, gas-turbine, and diesel engine power plants, steel mill, petrochemical, sugar refining, cement and other industrial plants as well as dioxin and sludge treatment. Additionally, the company also design, manufacture, install and maintain the various electrical system, sub-station, control system, optical fiber communication system, air conditioning and utility sanitary system. Further, it also creates, procures and fabricates machined products such as tanks, piping, electrical and control panels.
81GF Score
Get the complete analysis for TSE:1968
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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