Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Tre Holdings (TSE:9247) 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 .
Tre Holdings Forward PE Ratio Related Terms
Tre Holdings Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Tre Holdings'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.
Tre Holdings Forward PE Ratio Chart
Tre Holdings Annual Data
Trend
2025-03
2026-03
Forward PE Ratio
6.14
9.25
Tre Holdings Quarterly Data
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
2026-06
Forward PE Ratio
10.52
6.14
5.09
5.81
9.49
9.25
16.71
TSE:9247 vs WM, RSG, WCN: Forward PE Ratio Comparison
For the Waste Management subindustry, Tre Holdings'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.
Tre Holdings Forward PE Ratio vs Waste Management Industry
For the Waste Management industry and Industrials sector, Tre Holdings's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Tre Holdings'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.
Tre Holdings (TSE:9247) has a Forward PE Ratio of 14.23 as of Aug. 30, 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 Tre Holdings and its competitors. According to the industry distribution chart, Tre Holdings ranks #42 out of 95 companies in the Waste Management industry, placing it in the top 44.2%.
Is Tre Holdings' Forward PE Ratio too high?
Tre Holdings' current Forward PE Ratio is 14.23. The Waste Management industry median Forward PE Ratio is 15.85. Tre Holdings' value of 14.23 is 10.2% below this industry median. Based on the distribution chart, Tre Holdings ranks #42 out of 95 companies in the Waste Management industry, which is above the industry midpoint. Overall, Tre Holdings has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tre Holdings' Forward PE Ratio compare to WM and RSG?
According to the Waste Management industry distribution chart, Tre Holdings ranks #42 out of 95 companies for Forward PE Ratio. This puts Tre Holdings in the upper half of its industry. The industry median Forward PE Ratio is 15.85. Tre Holdings' value of 14.23 is 10.2% 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 Waste Management company?
The median Forward PE Ratio among Waste Management companies is 15.85, based on 95 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. Tre Holdings's current Forward PE Ratio of 14.23 is 10.2% 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 Tre Holdings and its competitors. For the Waste Management industry, the median Forward PE Ratio is 15.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tre Holdings's current Forward PE Ratio is 14.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tre Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tre Holdings (TSE:9247) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,596.84, compared to a current price of 円1,921.00 — trading 20.3% above its estimated fair value. The current Forward PE Ratio is 14.23 and 10.2% below the Waste Management industry median of 15.85. Tre Holdings' overall GF Score™ is 57/100 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 Tre Holdings (TSE:9247), the current Forward PE Ratio is 14.23 as of Aug. 30, 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 Tre Holdings (TSE:9247) Overvalued in 2026?
Based on GuruFocus' analysis, Tre Holdings stock appears to be overvalued.
The current stock price of 円1,921.00 is trading 20.3% above its estimated GF Value™ of 円1,596.84.
GuruFocus considers Tre Holdings to be Modestly Overvalued.
Key valuation signals for TSE:9247:
Forward PE Ratio: 14.23
GF Value™: 円1,596.84 vs. price of 円1,921.00 (20.3% above fair value)
Industry Position: 10.2% below the Waste Management median (#42 of 95)
No single metric tells the full story. See the TSE:9247 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tre Holdings Corp is involved in managing and related activities of its subsidiaries, which operate in the waste treatment and recycling industry, renewable energy sector, environmental engineering, scrap metal recycling, and the disposal of end-of-life vehicles and scrapped home appliances.
57GF Score
Get the complete analysis for TSE:9247
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:9247 has been successfully added to your 
