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Aoyama Zaisan Networks Co (TSE:8929) 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 .
Aoyama Zaisan Networks Co Forward PE Ratio Related Terms
Aoyama Zaisan Networks 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.
Aoyama Zaisan Networks Co Forward PE Ratio Chart
Aoyama Zaisan Networks Co Annual Data
Trend
2024-12
2025-12
Forward PE Ratio
15.94
13.53
Aoyama Zaisan Networks Co Quarterly Data
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
15.94
19.18
17.74
17.45
13.53
11.29
TSE:8929 vs CBRE, BEKE, JLL: Forward PE Ratio Comparison
For the Real Estate Services subindustry, Aoyama Zaisan Networks 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.
Aoyama Zaisan Networks Co Forward PE Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Aoyama Zaisan Networks Co's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Aoyama Zaisan Networks Co's Forward PE Ratio falls into.
Aoyama Zaisan Networks 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.
Aoyama Zaisan Networks Co (TSE:8929) has a Forward PE Ratio of 11.29 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 Aoyama Zaisan Networks Co and its competitors. According to the industry distribution chart, Aoyama Zaisan Networks Co ranks #261 out of 542 companies in the Real Estate industry, placing it in the top 48.2%.
Is Aoyama Zaisan Networks Co's Forward PE Ratio too high?
Aoyama Zaisan Networks Co's current Forward PE Ratio is 11.29. The Real Estate industry median Forward PE Ratio is 11.71. Aoyama Zaisan Networks Co's value of 11.29 is 3.6% below this industry median. Based on the distribution chart, Aoyama Zaisan Networks Co ranks #261 out of 542 companies in the Real Estate industry, which is above the industry midpoint. Overall, Aoyama Zaisan Networks Co has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aoyama Zaisan Networks Co's Forward PE Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Aoyama Zaisan Networks Co ranks #261 out of 542 companies for Forward PE Ratio. This puts Aoyama Zaisan Networks Co in the upper half of its industry. The industry median Forward PE Ratio is 11.71. Aoyama Zaisan Networks Co's value of 11.29 is 3.6% 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 Real Estate company?
The median Forward PE Ratio among Real Estate companies is 11.71, based on 542 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. Aoyama Zaisan Networks Co's current Forward PE Ratio of 11.29 is 3.6% 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 Aoyama Zaisan Networks Co and its competitors. For the Real Estate industry, the median Forward PE Ratio is 11.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aoyama Zaisan Networks Co's current Forward PE Ratio is 11.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aoyama Zaisan Networks Co stock overvalued right now?
Based on GuruFocus' analysis, Aoyama Zaisan Networks Co (TSE:8929) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,422.19, compared to a current price of 円1,261.00 — trading 11.3% below its estimated fair value. The current Forward PE Ratio is 11.29 and 3.6% below the Real Estate industry median of 11.71. Aoyama Zaisan Networks Co's overall GF Score™ is 87/100 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 Aoyama Zaisan Networks Co (TSE:8929), the current Forward PE Ratio is 11.29 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 Aoyama Zaisan Networks Co (TSE:8929) Overvalued in 2026?
Based on GuruFocus' analysis, Aoyama Zaisan Networks Co stock appears to be undervalued.
The current stock price of 円1,261.00 is trading 11.3% below its estimated GF Value™ of 円1,422.19.
GuruFocus considers Aoyama Zaisan Networks Co to be Modestly Undervalued.
Key valuation signals for TSE:8929:
Forward PE Ratio: 11.29
GF Value™: 円1,422.19 vs. price of 円1,261.00 (11.3% below fair value)
Industry Position: 3.6% below the Real Estate median (#261 of 542)
No single metric tells the full story. See the TSE:8929 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aoyama Zaisan Networks Co Ltd is engaged in the provision of consulting services of asset transferring, maintenance and operation, among others. It is also engaged in corporate finance consulting and real estate solutions consulting in Japan.
87GF Score
Get the complete analysis for TSE:8929
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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