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Nippon Ceramic Co (TSE:6929) 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 .
Nippon Ceramic Co Forward PE Ratio Related Terms
Nippon Ceramic Co Forward PE Ratio Historical Data
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The historical data trend for Nippon Ceramic 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.
Nippon Ceramic Co Forward PE Ratio Chart
Nippon Ceramic Co Annual Data
Trend
2024-12
2025-12
Forward PE Ratio
14.00
15.01
Nippon Ceramic Co Quarterly Data
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
14.00
15.00
13.91
14.75
15.01
14.73
TSE:6929 vs APH, GLW, TEL: Forward PE Ratio Comparison
For the Electronic Components subindustry, Nippon Ceramic 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.
Nippon Ceramic Co Forward PE Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Nippon Ceramic Co's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Nippon Ceramic 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.
Nippon Ceramic Co (TSE:6929) has a Forward PE Ratio of 15.18 as of Aug. 09, 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 Nippon Ceramic Co and its competitors. According to the industry distribution chart, Nippon Ceramic Co ranks #318 out of 1022 companies in the Hardware industry, placing it in the top 31.1%.
Is Nippon Ceramic Co's Forward PE Ratio too high?
Nippon Ceramic Co's current Forward PE Ratio is 15.18. The Hardware industry median Forward PE Ratio is 21.67. Nippon Ceramic Co's value of 15.18 is 29.9% below this industry median. Based on the distribution chart, Nippon Ceramic Co ranks #318 out of 1022 companies in the Hardware industry, which is above the industry midpoint. Overall, Nippon Ceramic Co has a GF Score™ of 92/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Ceramic Co's Forward PE Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Nippon Ceramic Co ranks #318 out of 1022 companies for Forward PE Ratio. This puts Nippon Ceramic Co in the upper half of its industry. The industry median Forward PE Ratio is 21.67. Nippon Ceramic Co's value of 15.18 is 29.9% 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. Nippon Ceramic Co's current Forward PE Ratio of 15.18 is 29.9% 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 Nippon Ceramic 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. Nippon Ceramic Co's current Forward PE Ratio is 15.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Ceramic Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Ceramic Co (TSE:6929) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,376.38, compared to a current price of 円3,765.00 — trading 11.5% above its estimated fair value. The current Forward PE Ratio is 15.18 and 29.9% below the Hardware industry median of 21.67. Nippon Ceramic Co's overall GF Score™ is 92/100 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 Nippon Ceramic Co (TSE:6929), the current Forward PE Ratio is 15.18 as of Aug. 09, 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 Nippon Ceramic Co (TSE:6929) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Ceramic Co stock appears to be overvalued.
The current stock price of 円3,765.00 is trading 11.5% above its estimated GF Value™ of 円3,376.38.
GuruFocus considers Nippon Ceramic Co to be Modestly Overvalued.
Key valuation signals for TSE:6929:
Forward PE Ratio: 15.18
GF Value™: 円3,376.38 vs. price of 円3,765.00 (11.5% above fair value)
Industry Position: 29.9% below the Hardware median (#318 of 1022)
No single metric tells the full story. See the TSE:6929 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Ceramic Co Ltd is a Japan based company engaged in development, manufacturing and sale of ceramic sensors, ferrite, module and others. Its products are applicable for household equipment and plant facilities; automobiles; home electronics and office automation equipment; and electronics. Its Household equipment & plant faculties include lighting, sensor, security system, fire detection sensor etc. In automobile industry its products are applicable in sensor, DC- DC Converter, charging & discharging battery etc. Its products in home electronics include Microwave, airconditioner and IH cooker. Under electronics industry its products are power supplies, fan motors, inverters.
92GF Score
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