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CRI Middleware Co (TSE:3698) 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 .
CRI Middleware Co Forward PE Ratio Related Terms
CRI Middleware Co Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for CRI Middleware 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.
CRI Middleware Co Forward PE Ratio Chart
CRI Middleware Co Annual Data
Trend
2025-09
Forward PE Ratio
16.00
CRI Middleware Co Quarterly Data
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
14.81
16.25
16.00
13.52
11.01
TSE:3698 vs NTES, EA, TTWO: Forward PE Ratio Comparison
For the Electronic Gaming & Multimedia subindustry, CRI Middleware 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.
CRI Middleware Co Forward PE Ratio vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, CRI Middleware Co's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where CRI Middleware 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.
CRI Middleware Co (TSE:3698) has a Forward PE Ratio of 10.80 as of Aug. 13, 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 CRI Middleware Co and its competitors. According to the industry distribution chart, CRI Middleware Co ranks #77 out of 243 companies in the Interactive Media industry, placing it in the top 31.7%.
Is CRI Middleware Co's Forward PE Ratio too high?
CRI Middleware Co's current Forward PE Ratio is 10.80. The Interactive Media industry median Forward PE Ratio is 13.85. CRI Middleware Co's value of 10.80 is 22% below this industry median. Based on the distribution chart, CRI Middleware Co ranks #77 out of 243 companies in the Interactive Media industry, which is above the industry midpoint. Overall, CRI Middleware Co has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CRI Middleware Co's Forward PE Ratio compare to NTES and EA?
According to the Interactive Media industry distribution chart, CRI Middleware Co ranks #77 out of 243 companies for Forward PE Ratio. This puts CRI Middleware Co in the upper half of its industry. The industry median Forward PE Ratio is 13.85. CRI Middleware Co's value of 10.80 is 22% 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 an Interactive Media company?
The median Forward PE Ratio among Interactive Media companies is 13.85, based on 243 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. CRI Middleware Co's current Forward PE Ratio of 10.80 is 22% 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 CRI Middleware Co and its competitors. For the Interactive Media industry, the median Forward PE Ratio is 13.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CRI Middleware Co's current Forward PE Ratio is 10.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CRI Middleware Co stock overvalued right now?
Based on GuruFocus' analysis, CRI Middleware Co (TSE:3698) is currently considered Fairly Valued. The stock's GF Value™ is 円1,210.00, compared to a current price of 円1,136.00 — trading 6.1% below its estimated fair value. The current Forward PE Ratio is 10.80 and 22% below the Interactive Media industry median of 13.85. CRI Middleware Co's overall GF Score™ is 95/100. 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 CRI Middleware Co (TSE:3698), the current Forward PE Ratio is 10.80 as of Aug. 13, 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 CRI Middleware Co (TSE:3698) Overvalued in 2026?
Based on GuruFocus' analysis, CRI Middleware Co stock appears to be undervalued.
The current stock price of 円1,136.00 is trading 6.1% below its estimated GF Value™ of 円1,210.00.
GuruFocus considers CRI Middleware Co to be Fairly Valued.
Key valuation signals for TSE:3698:
Forward PE Ratio: 10.80
GF Value™: 円1,210.00 vs. price of 円1,136.00 (6.1% below fair value)
Industry Position: 22% below the Interactive Media median (#77 of 243)
No single metric tells the full story. See the TSE:3698 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CRI Middleware Co Ltd is a provider of audio and video solutions for the gaming industry. It is engaged in the research and development of voice, video and file systems. Further, it also provides sales and support of middleware products. Geographically, the activities are carried out through the region of Japan.
95GF Score
Get the complete analysis for TSE:3698
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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