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Tokyo Ohka Kogyo Co (TSE:4186) 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 Ohka Kogyo Co Forward PE Ratio Related Terms
Tokyo Ohka Kogyo Co Forward PE Ratio Historical Data
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The historical data trend for Tokyo Ohka Kogyo 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.
Tokyo Ohka Kogyo Co Forward PE Ratio Chart
Tokyo Ohka Kogyo Co Annual Data
Trend
2019-12
2020-12
2021-12
2022-12
2024-12
2025-12
Forward PE Ratio
27.03
36.50
24.81
12.97
17.80
20.93
Tokyo Ohka Kogyo Co Quarterly Data
2019-06
2019-09
2019-12
2020-03
2020-06
2020-09
2020-12
2021-03
2021-06
2021-09
2021-12
2022-03
2022-06
2022-09
2022-12
2023-03
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
2026-06
Forward PE Ratio
24.88
24.81
27.03
25.97
33.67
28.17
36.50
27.93
27.32
27.47
24.81
20.16
18.18
13.09
12.97
16.58
17.80
15.91
18.78
19.87
20.93
26.95
34.26
TSE:4186 vs APH, GLW, TEL: Forward PE Ratio Comparison
For the Electronic Components subindustry, Tokyo Ohka Kogyo 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.
Tokyo Ohka Kogyo Co Forward PE Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Tokyo Ohka Kogyo Co's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Tokyo Ohka Kogyo 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.
Tokyo Ohka Kogyo Co (TSE:4186) has a Forward PE Ratio of 28.18 as of Aug. 14, 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 Ohka Kogyo Co and its competitors. According to the industry distribution chart, Tokyo Ohka Kogyo Co ranks #631 out of 1024 companies in the Hardware industry, placing it in the top 61.6%.
Is Tokyo Ohka Kogyo Co's Forward PE Ratio too high?
Tokyo Ohka Kogyo Co's current Forward PE Ratio is 28.18. The Hardware industry median Forward PE Ratio is 22.51. Tokyo Ohka Kogyo Co's value of 28.18 is 25.2% above this industry median. Based on the distribution chart, Tokyo Ohka Kogyo Co ranks #631 out of 1024 companies in the Hardware industry, which is below the industry midpoint. Overall, Tokyo Ohka Kogyo Co has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokyo Ohka Kogyo Co's Forward PE Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Tokyo Ohka Kogyo Co ranks #631 out of 1024 companies for Forward PE Ratio. This places Tokyo Ohka Kogyo Co in the lower half of its industry. The industry median Forward PE Ratio is 22.51. Tokyo Ohka Kogyo Co's value of 28.18 is 25.2% 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 Hardware company?
The median Forward PE Ratio among Hardware companies is 22.51, based on 1,024 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 Ohka Kogyo Co's current Forward PE Ratio of 28.18 is 25.2% 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 Tokyo Ohka Kogyo Co and its competitors. For the Hardware industry, the median Forward PE Ratio is 22.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyo Ohka Kogyo Co's current Forward PE Ratio is 28.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Ohka Kogyo Co stock overvalued right now?
Based on GuruFocus' analysis, Tokyo Ohka Kogyo Co (TSE:4186) is currently considered Significantly Overvalued. The stock's GF Value™ is 円4,570.12, compared to a current price of 円9,360.00 — trading 104.8% above its estimated fair value. The current Forward PE Ratio is 28.18 and 25.2% above the Hardware industry median of 22.51. Tokyo Ohka Kogyo Co's overall GF Score™ is 85/100 with 1 warning sign 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 Ohka Kogyo Co (TSE:4186), the current Forward PE Ratio is 28.18 as of Aug. 14, 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 Ohka Kogyo Co (TSE:4186) Overvalued in 2026?
Based on GuruFocus' analysis, Tokyo Ohka Kogyo Co stock appears to be overvalued.
The current stock price of 円9,360.00 is trading 104.8% above its estimated GF Value™ of 円4,570.12.
GuruFocus considers Tokyo Ohka Kogyo Co to be Significantly Overvalued.
Key valuation signals for TSE:4186:
Forward PE Ratio: 28.18
GF Value™: 円4,570.12 vs. price of 円9,360.00 (104.8% above fair value)
Industry Position: 25.2% above the Hardware median (#631 of 1024)
No single metric tells the full story. See the TSE:4186 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tokyo Ohka Kogyo Co Ltd is a Japan-based company that manufactures functional materials and processing equipment. The processing equipment sold by the firm is mainly used in the manufacturing of semiconductors and liquid crystal display products. The materials used in the manufacturing of these products are also sold by the company, particularly for the photolithography process. The firm also sells inorganic and organic chemicals.
85GF Score
Get the complete analysis for TSE:4186
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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