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Maruichi Steel Tube (TSE:5463) 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 .
Maruichi Steel Tube Forward PE Ratio Related Terms
Maruichi Steel Tube Forward PE Ratio Historical Data
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The historical data trend for Maruichi Steel Tube'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.
Maruichi Steel Tube Forward PE Ratio Chart
Maruichi Steel Tube Annual Data
Trend
2025-03
2026-03
Forward PE Ratio
12.36
13.75
Maruichi Steel Tube Quarterly Data
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
12.75
12.36
12.45
4.14
13.89
13.75
TSE:5463 vs NUE, STLD, RS: Forward PE Ratio Comparison
For the Steel subindustry, Maruichi Steel Tube'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.
Maruichi Steel Tube Forward PE Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Maruichi Steel Tube's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Maruichi Steel Tube'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.
Maruichi Steel Tube (TSE:5463) has a Forward PE Ratio of 14.76 as of Aug. 08, 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 Maruichi Steel Tube and its competitors. According to the industry distribution chart, Maruichi Steel Tube ranks #92 out of 178 companies in the Steel industry, placing it in the top 51.7%.
Is Maruichi Steel Tube's Forward PE Ratio too high?
Maruichi Steel Tube's current Forward PE Ratio is 14.76. The Steel industry median Forward PE Ratio is 14.70. Maruichi Steel Tube's value of 14.76 is 0.4% above this industry median. Based on the distribution chart, Maruichi Steel Tube ranks #92 out of 178 companies in the Steel industry, which is below the industry midpoint. Overall, Maruichi Steel Tube has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Maruichi Steel Tube's Forward PE Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Maruichi Steel Tube ranks #92 out of 178 companies for Forward PE Ratio. This places Maruichi Steel Tube in the lower half of its industry. The industry median Forward PE Ratio is 14.70. Maruichi Steel Tube's value of 14.76 is 0.4% 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 Steel company?
The median Forward PE Ratio among Steel companies is 14.70, based on 178 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. Maruichi Steel Tube's current Forward PE Ratio of 14.76 is 0.4% 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 Maruichi Steel Tube and its competitors. For the Steel industry, the median Forward PE Ratio is 14.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maruichi Steel Tube's current Forward PE Ratio is 14.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maruichi Steel Tube stock overvalued right now?
Based on GuruFocus' analysis, Maruichi Steel Tube (TSE:5463) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,215.75, compared to a current price of 円1,831.50 — trading 50.6% above its estimated fair value. The current Forward PE Ratio is 14.76 and 0.4% above the Steel industry median of 14.70. Maruichi Steel Tube's overall GF Score™ is 82/100 with 8 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 Maruichi Steel Tube (TSE:5463), the current Forward PE Ratio is 14.76 as of Aug. 08, 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 Maruichi Steel Tube (TSE:5463) Overvalued in 2026?
Based on GuruFocus' analysis, Maruichi Steel Tube stock appears to be overvalued.
The current stock price of 円1,831.50 is trading 50.6% above its estimated GF Value™ of 円1,215.75.
GuruFocus considers Maruichi Steel Tube to be Significantly Overvalued.
Key valuation signals for TSE:5463:
Forward PE Ratio: 14.76
GF Value™: 円1,215.75 vs. price of 円1,831.50 (50.6% above fair value)
Industry Position: 0.4% above the Steel median (#92 of 178)
No single metric tells the full story. See the TSE:5463 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Maruichi Steel Tube Ltd is a Japan-based company that manufactures and sells steel tubes and steel sheet coating. The company's product portfolio includes welded steel tubes, hot-dip galvanized steel sheet, lighting poles, and prepainted steel sheet. Its products are used in architecture, civil engineering, machinery, power generation plants, automobiles, motorcycles, medical equipment, fitness machines, office automation equipment, office and educational furniture, and others.
82GF Score
Get the complete analysis for TSE:5463
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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