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Hogy Medical Co (TSE:3593) 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 .
Hogy Medical Co Forward PE Ratio Related Terms
Hogy Medical Co Forward PE Ratio Historical Data
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The historical data trend for Hogy Medical 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.
Hogy Medical Co Forward PE Ratio Chart
Hogy Medical Co Annual Data
Trend
2025-03
Forward PE Ratio
31.87
Hogy Medical Co Quarterly Data
2024-12
2025-03
2025-06
2025-09
2025-12
Forward PE Ratio
31.58
31.87
27.41
39.50
40.75
TSE:3593 vs ISRG, BDX, MDLN: Forward PE Ratio Comparison
For the Medical Instruments & Supplies subindustry, Hogy Medical 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.
Hogy Medical Co Forward PE Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Hogy Medical Co's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Hogy Medical 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.
Hogy Medical Co (TSE:3593) has a Forward PE Ratio of 46.31 as of Aug. 11, 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 Hogy Medical Co and its competitors.
Is Hogy Medical Co's Forward PE Ratio too high?
Hogy Medical Co's current Forward PE Ratio is 46.31. The Medical Devices & Instruments industry median Forward PE Ratio is 20.15. Hogy Medical Co's value of 46.31 is 129.8% above this industry median. Overall, Hogy Medical Co has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does Hogy Medical Co's Forward PE Ratio compare to ISRG and BDX?
Hogy Medical Co's Forward PE Ratio of 46.31 can be compared against companies in the Medical Devices & Instruments industry. The industry median Forward PE Ratio is 20.15. Hogy Medical Co's value of 46.31 is 129.8% 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 Medical Devices & Instruments company?
The median Forward PE Ratio among Medical Devices & Instruments companies is 20.15, based on 391 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. Hogy Medical Co's current Forward PE Ratio of 46.31 is 129.8% 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 Hogy Medical Co and its competitors. For the Medical Devices & Instruments industry, the median Forward PE Ratio is 20.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hogy Medical Co's current Forward PE Ratio is 46.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hogy Medical Co stock overvalued right now?
Hogy Medical Co (TSE:3593) has a current Forward PE Ratio of 46.31. The stock's GF Value™ is 円4,421.98, compared to a current price of 円6,660.00 — trading 50.6% above its estimated fair value. The current Forward PE Ratio is 46.31 and 129.8% above the Medical Devices & Instruments industry median of 20.15. Hogy Medical Co's overall GF Score™ is 47/100 with 10 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 Hogy Medical Co (TSE:3593), the current Forward PE Ratio is 46.31 as of Aug. 11, 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 Hogy Medical Co (TSE:3593) Overvalued in 2026?
Based on GuruFocus' analysis, Hogy Medical Co stock appears to be overvalued.
The current stock price of 円6,660.00 is trading 50.6% above its estimated GF Value™ of 円4,421.98.
Key valuation signals for TSE:3593:
Forward PE Ratio: 46.31
GF Value™: 円4,421.98 vs. price of 円6,660.00 (50.6% above fair value)
Industry Position: 129.8% above the Medical Devices & Instruments median
No single metric tells the full story. See the TSE:3593 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hogy Medical Co Ltd develops and sells products that can be used to streamline operations and improve safety at healthcare facilities. Its products are used in hospitals' operating rooms, wards, material rooms, and administrative settings. Hogy Medical receives the majority of its revenue from sales of surgical-use products. Its key products include kit products, nonwoven products, and sterilization products. The kit products contain sterilized surgical supplies for use in a specific operation. The nonwoven products include gowns, caps, equipment covers, and other accessories. Hogy's primary sterilization product is the Mekkin bag, a sterilization pouch. The vast majority of Hogy's revenue is generated in Japan.
47GF Score
Get the complete analysis for TSE:3593
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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