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Mirai Industry Co (TSE:7931) 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 .
Mirai Industry Co Forward PE Ratio Related Terms
Mirai Industry Co Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Mirai Industry 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.
Mirai Industry Co Forward PE Ratio Chart
Mirai Industry Co Annual Data
Trend
2025-03
2026-03
Forward PE Ratio
13.08
10.88
Mirai Industry Co Quarterly Data
2025-03
2025-06
2025-09
2025-12
2026-03
2026-06
Forward PE Ratio
13.08
11.68
13.23
11.32
10.88
10.13
TSE:7931 vs VRT, BE: Forward PE Ratio Comparison
For the Electrical Equipment & Parts subindustry, Mirai Industry 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.
Mirai Industry Co Forward PE Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Mirai Industry Co's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Mirai Industry 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.
Mirai Industry Co (TSE:7931) has a Forward PE Ratio of 11.90 as of Aug. 20, 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 Mirai Industry Co and its competitors. According to the industry distribution chart, Mirai Industry Co ranks #257 out of 1293 companies in the Industrial Products industry, placing it in the top 19.9%.
Is Mirai Industry Co's Forward PE Ratio too high?
Mirai Industry Co's current Forward PE Ratio is 11.90. The Industrial Products industry median Forward PE Ratio is 19.67. Mirai Industry Co's value of 11.90 is 39.5% below this industry median. Based on the distribution chart, Mirai Industry Co ranks #257 out of 1293 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Mirai Industry Co has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mirai Industry Co's Forward PE Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Mirai Industry Co ranks #257 out of 1293 companies for Forward PE Ratio. This places Mirai Industry Co in the top 20% of its industry — outperforming the majority of peers. The industry median Forward PE Ratio is 19.67. Mirai Industry Co's value of 11.90 is 39.5% 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 Industrial Products company?
The median Forward PE Ratio among Industrial Products companies is 19.67, based on 1,293 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. Mirai Industry Co's current Forward PE Ratio of 11.90 is 39.5% 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 Mirai Industry Co and its competitors. For the Industrial Products industry, the median Forward PE Ratio is 19.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mirai Industry Co's current Forward PE Ratio is 11.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mirai Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Mirai Industry Co (TSE:7931) is currently considered Fairly Valued. The stock's GF Value™ is 円3,921.25, compared to a current price of 円3,570.00 — trading 9% below its estimated fair value. The current Forward PE Ratio is 11.90 and 39.5% below the Industrial Products industry median of 19.67. Mirai Industry Co's overall GF Score™ is 85/100 with 2 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 Mirai Industry Co (TSE:7931), the current Forward PE Ratio is 11.90 as of Aug. 20, 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 Mirai Industry Co (TSE:7931) Overvalued in 2026?
Based on GuruFocus' analysis, Mirai Industry Co stock appears to be undervalued.
The current stock price of 円3,570.00 is trading 9% below its estimated GF Value™ of 円3,921.25.
GuruFocus considers Mirai Industry Co to be Fairly Valued.
Key valuation signals for TSE:7931:
Forward PE Ratio: 11.90
GF Value™: 円3,921.25 vs. price of 円3,570.00 (9% below fair value)
Industry Position: 39.5% below the Industrial Products median (#257 of 1293)
No single metric tells the full story. See the TSE:7931 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mirai Industry Co Ltd is engaged in the Manufacture and sale of electrical equipment materials, water supply and drainage equipment materials, and gas equipment materials. The segments of the company are the Electrical and Piping Materials business and the Wiring Device business.
85GF Score
Get the complete analysis for TSE:7931
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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