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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 .
TOC Co Forward PE Ratio Related Terms
TOC Co Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for TOC 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.
TOC Co Forward PE Ratio Chart
TOC Co Annual Data
Trend
2025-03
2026-03
Forward PE Ratio
20.66
20.15
TOC Co Quarterly Data
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
2026-06
Forward PE Ratio
21.32
20.66
20.75
40.86
20.66
20.15
27.66
TSE:8841 vs CBRE, BEKE, JLL: Forward PE Ratio Comparison
For the Real Estate Services subindustry, TOC 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.
TOC Co Forward PE Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, TOC Co's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where TOC 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.
TOC Co (TSE:8841) has a Forward PE Ratio of 27.66 as of Aug. 16, 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 TOC Co and its competitors. According to the industry distribution chart, TOC Co ranks #469 out of 543 companies in the Real Estate industry, placing it in the top 86.4%.
Is TOC Co's Forward PE Ratio too high?
TOC Co's current Forward PE Ratio is 27.66. The Real Estate industry median Forward PE Ratio is 11.99. TOC Co's value of 27.66 is 130.7% above this industry median. Based on the distribution chart, TOC Co ranks #469 out of 543 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, TOC Co has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TOC Co's Forward PE Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, TOC Co ranks #469 out of 543 companies for Forward PE Ratio. This places TOC Co in the lower half of its industry. The industry median Forward PE Ratio is 11.99. TOC Co's value of 27.66 is 130.7% 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 Real Estate company?
The median Forward PE Ratio among Real Estate companies is 11.99, based on 543 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. TOC Co's current Forward PE Ratio of 27.66 is 130.7% 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 TOC Co and its competitors. For the Real Estate industry, the median Forward PE Ratio is 11.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TOC Co's current Forward PE Ratio is 27.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOC Co stock overvalued right now?
Based on GuruFocus' analysis, TOC Co (TSE:8841) is currently considered Modestly Overvalued. The stock's GF Value™ is 円844.38, compared to a current price of 円972.00 — trading 15.1% above its estimated fair value. The current Forward PE Ratio is 27.66 and 130.7% above the Real Estate industry median of 11.99. TOC Co's overall GF Score™ is 80/100 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 TOC Co (TSE:8841), the current Forward PE Ratio is 27.66 as of Aug. 16, 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 TOC Co (TSE:8841) Overvalued in 2026?
Based on GuruFocus' analysis, TOC Co stock appears to be overvalued.
The current stock price of 円972.00 is trading 15.1% above its estimated GF Value™ of 円844.38.
GuruFocus considers TOC Co to be Modestly Overvalued.
Key valuation signals for TSE:8841:
Forward PE Ratio: 27.66
GF Value™: 円844.38 vs. price of 円972.00 (15.1% above fair value)
Industry Position: 130.7% above the Real Estate median (#469 of 543)
No single metric tells the full story. See the TSE:8841 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TOC Co Ltd is a Japan-based company with three business segments: real estate, linen supply and laundry, and other. The real estate segment is engaged in planning, execution, and management of urban development projects. The linen supply and laundry segment is engaged in supplying various linens used in hotels and restaurants, and offering dry cleaning services. The other segment contains a pharmaceuticals business, operates a sports club and a bathing facility, includes retail and restaurant businesses, and engages in building maintenance services. The company generates most of its revenue from the real estate segment.
80GF Score
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Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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