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Shindengen Electric Manufacturing Co (TSE:6844) 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 .
Shindengen Electric Manufacturing Co Forward PE Ratio Related Terms
Shindengen Electric Manufacturing 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.
Shindengen Electric Manufacturing Co Forward PE Ratio Chart
Shindengen Electric Manufacturing Co Annual Data
Trend
2025-03
2026-03
Forward PE Ratio
10.63
9.37
Shindengen Electric Manufacturing Co Quarterly Data
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
13.90
10.63
12.33
10.93
9.82
9.37
TSE:6844 vs APH, GLW, TEL: Forward PE Ratio Comparison
For the Electronic Components subindustry, Shindengen Electric Manufacturing 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.
Shindengen Electric Manufacturing Co Forward PE Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Shindengen Electric Manufacturing Co's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Shindengen Electric Manufacturing Co's Forward PE Ratio falls into.
Shindengen Electric Manufacturing 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.
Shindengen Electric Manufacturing Co (TSE:6844) has a Forward PE Ratio of 12.37 as of Aug. 10, 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 Shindengen Electric Manufacturing Co and its competitors. According to the industry distribution chart, Shindengen Electric Manufacturing Co ranks #211 out of 1022 companies in the Hardware industry, placing it in the top 20.6%.
Is Shindengen Electric Manufacturing Co's Forward PE Ratio too high?
Shindengen Electric Manufacturing Co's current Forward PE Ratio is 12.37. The Hardware industry median Forward PE Ratio is 21.67. Shindengen Electric Manufacturing Co's value of 12.37 is 42.9% below this industry median. Based on the distribution chart, Shindengen Electric Manufacturing Co ranks #211 out of 1022 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Shindengen Electric Manufacturing Co has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shindengen Electric Manufacturing Co's Forward PE Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Shindengen Electric Manufacturing Co ranks #211 out of 1022 companies for Forward PE Ratio. This places Shindengen Electric Manufacturing Co in the top 21% of its industry — outperforming the majority of peers. The industry median Forward PE Ratio is 21.67. Shindengen Electric Manufacturing Co's value of 12.37 is 42.9% 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 a Hardware company?
The median Forward PE Ratio among Hardware companies is 21.67, based on 1,022 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. Shindengen Electric Manufacturing Co's current Forward PE Ratio of 12.37 is 42.9% 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 Shindengen Electric Manufacturing Co and its competitors. For the Hardware industry, the median Forward PE Ratio is 21.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shindengen Electric Manufacturing Co's current Forward PE Ratio is 12.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shindengen Electric Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Shindengen Electric Manufacturing Co (TSE:6844) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,349.50, compared to a current price of 円3,705.00 — trading 10.6% above its estimated fair value. The current Forward PE Ratio is 12.37 and 42.9% below the Hardware industry median of 21.67. Shindengen Electric Manufacturing Co's overall GF Score™ is 69/100 with 4 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 Shindengen Electric Manufacturing Co (TSE:6844), the current Forward PE Ratio is 12.37 as of Aug. 10, 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 Shindengen Electric Manufacturing Co (TSE:6844) Overvalued in 2026?
Based on GuruFocus' analysis, Shindengen Electric Manufacturing Co stock appears to be overvalued.
The current stock price of 円3,705.00 is trading 10.6% above its estimated GF Value™ of 円3,349.50.
GuruFocus considers Shindengen Electric Manufacturing Co to be Modestly Overvalued.
Key valuation signals for TSE:6844:
Forward PE Ratio: 12.37
GF Value™: 円3,349.50 vs. price of 円3,705.00 (10.6% above fair value)
Industry Position: 42.9% below the Hardware median (#211 of 1022)
No single metric tells the full story. See the TSE:6844 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shindengen Electric Manufacturing Co Ltd is an electronics manufacturer that develops, manufactures and sells high-efficiency, low-noise semiconductors as well as car electronics and power system products. The company's business is organized into three reportable segments: Device business, Car Electronics business and Next Generation Energy business. It earns majority of the revenue from Car Electronics business. Shindengen has its operations in Japan, Indonesia, Asia, and other areas.
69GF Score
Get the complete analysis for TSE:6844
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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