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Morinaga Milk Industry Co (TSE:2264) 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 .
Morinaga Milk Industry Co Forward PE Ratio Related Terms
Morinaga Milk Industry 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.
Morinaga Milk Industry Co Forward PE Ratio Chart
Morinaga Milk Industry Co Annual Data
Trend
2021-03
2022-03
2023-03
2025-03
2026-03
Forward PE Ratio
9.67
12.59
3.59
13.76
15.11
Morinaga Milk Industry Co Quarterly Data
2021-03
2021-06
2021-09
2021-12
2022-03
2022-06
2022-09
2022-12
2023-03
2023-06
2023-09
2023-12
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
9.67
8.27
9.80
12.52
12.59
13.57
13.83
3.76
3.59
3.59
4.28
14.03
12.66
13.76
13.73
15.00
13.32
15.11
TSE:2264 vs KHC, GIS: Forward PE Ratio Comparison
For the Packaged Foods subindustry, Morinaga Milk Industry 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.
Morinaga Milk Industry Co Forward PE Ratio vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Morinaga Milk Industry Co's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Morinaga Milk Industry Co's Forward PE Ratio falls into.
Morinaga Milk Industry 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.
Morinaga Milk Industry Co (TSE:2264) has a Forward PE Ratio of 16.71 as of Aug. 09, 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 Morinaga Milk Industry Co and its competitors. According to the industry distribution chart, Morinaga Milk Industry Co ranks #454 out of 746 companies in the Consumer Packaged Goods industry, placing it in the top 60.9%.
Is Morinaga Milk Industry Co's Forward PE Ratio too high?
Morinaga Milk Industry Co's current Forward PE Ratio is 16.71. The Consumer Packaged Goods industry median Forward PE Ratio is 14.68. Morinaga Milk Industry Co's value of 16.71 is 13.9% above this industry median. Based on the distribution chart, Morinaga Milk Industry Co ranks #454 out of 746 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Morinaga Milk Industry Co has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Morinaga Milk Industry Co's Forward PE Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Morinaga Milk Industry Co ranks #454 out of 746 companies for Forward PE Ratio. This places Morinaga Milk Industry Co in the lower half of its industry. The industry median Forward PE Ratio is 14.68. Morinaga Milk Industry Co's value of 16.71 is 13.9% above 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 Consumer Packaged Goods company?
The median Forward PE Ratio among Consumer Packaged Goods companies is 14.68, based on 746 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. Morinaga Milk Industry Co's current Forward PE Ratio of 16.71 is 13.9% above 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 Morinaga Milk Industry Co and its competitors. For the Consumer Packaged Goods industry, the median Forward PE Ratio is 14.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Morinaga Milk Industry Co's current Forward PE Ratio is 16.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morinaga Milk Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Morinaga Milk Industry Co (TSE:2264) is currently considered Significantly Overvalued. The stock's GF Value™ is 円896.91, compared to a current price of 円1,242.00 — trading 38.5% above its estimated fair value. The current Forward PE Ratio is 16.71 and 13.9% above the Consumer Packaged Goods industry median of 14.68. Morinaga Milk Industry Co's overall GF Score™ is 57/100 with 6 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 Morinaga Milk Industry Co (TSE:2264), the current Forward PE Ratio is 16.71 as of Aug. 09, 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 Morinaga Milk Industry Co (TSE:2264) Overvalued in 2026?
Based on GuruFocus' analysis, Morinaga Milk Industry Co stock appears to be overvalued.
The current stock price of 円1,242.00 is trading 38.5% above its estimated GF Value™ of 円896.91.
GuruFocus considers Morinaga Milk Industry Co to be Significantly Overvalued.
Key valuation signals for TSE:2264:
Forward PE Ratio: 16.71
GF Value™: 円896.91 vs. price of 円1,242.00 (38.5% above fair value)
Industry Position: 13.9% above the Consumer Packaged Goods median (#454 of 746)
No single metric tells the full story. See the TSE:2264 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Morinaga Milk Industry Co Ltd is a Japanese company engaged in the production and distribution of dairy products. It produces a variety of milk and milk-based products such as dairy-based beverages, yogurt, desserts, condensed milk, powdered milk, butter, cheese, ice cream, clinical liquid diets. It also manufactures and sells animal feed, and constructs plant equipment. The company through its subsidiaries markets its products internationally.
57GF Score
Get the complete analysis for TSE:2264
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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