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Saibu Gas Holdings CoTSE:9536 +1.34%62 Dividend Payout Ratio is 0.71 as of Mar. 2026, which is 65% above its 10-year median of 0.43. GuruFocus rates TSE:9536 with a GF Score™ of 62/100 and a GF Value™ of 円1,923.91 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 375 Utilities - Regulated companies, Saibu Gas Holdings Co ranks better than 70.4% on this metric.
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Saibu Gas Holdings Co's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.71.
The historical rank and industry rank for Saibu Gas Holdings Co's Dividend Payout Ratio or its related term are showing as below:
TSE:9536'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.3 Med: 0.43 Max: 8.99
Current: 0.35
During the past 13 years, the highest Dividend Payout Ratio of Saibu Gas Holdings Co was 8.99. The lowest was 0.30. And the median was 0.43.
TSE:9536's Dividend Payout Ratio is ranked better than 70.4% of 375
companies
in the Utilities - Regulated industry
Industry Median: 0.54
vs TSE:9536: 0.35
During the past 13 years, the highest Trailing Annual Dividend Yield of Saibu Gas Holdings Co was 4.30%. The lowest was 1.98%. And the median was 2.98%.
During the past 10 years, the average Dividends Per Share Growth Rate was 0.70% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Saibu Gas Holdings Co was 33.90% per year. The lowest was 0.00% per year. And the median was 0.00% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Saibu Gas Holdings Co (TSE:9536) Dividend Payout Ratio Explanation
In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Saibu Gas Holdings Co Dividend Payout Ratio Related Terms
Saibu Gas Holdings Co Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Saibu Gas Holdings Co's Dividend Payout 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.
TSE:9536 vs ATO, NI: Dividend Payout Ratio Comparison
For the Utilities - Regulated Gas subindustry, Saibu Gas Holdings Co's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout 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.
Saibu Gas Holdings Co Dividend Payout Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Saibu Gas Holdings Co's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Saibu Gas Holdings Co's Dividend Payout Ratio falls into.
Saibu Gas Holdings Co Dividend Payout Ratio Calculation
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
Saibu Gas Holdings Co's Dividend Payout Ratio for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Saibu Gas Holdings Co (TSE:9536) has a Dividend Payout Ratio of 0.71 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Saibu Gas Holdings Co and its competitors. This is 65% above median its historical median of 0.43. Over the past decade, Saibu Gas Holdings Co's Dividend Payout Ratio has ranged from 0.30 to 8.99. According to the industry distribution chart, Saibu Gas Holdings Co ranks #111 out of 375 companies in the Utilities - Regulated industry, placing it in the top 29.6%.
Is Saibu Gas Holdings Co's Dividend Payout Ratio too high?
Saibu Gas Holdings Co's current Dividend Payout Ratio of 0.71 is 65% above median its 10-year median of 0.43. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 8.99. The Utilities - Regulated industry median Dividend Payout Ratio is 0.54. Saibu Gas Holdings Co's value of 0.71 is 31.5% above this industry median. Based on the distribution chart, Saibu Gas Holdings Co ranks #111 out of 375 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Saibu Gas Holdings Co has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Saibu Gas Holdings Co's Dividend Payout Ratio compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Saibu Gas Holdings Co ranks #111 out of 375 companies for Dividend Payout Ratio. This puts Saibu Gas Holdings Co in the upper half of its industry. The industry median Dividend Payout Ratio is 0.54. Saibu Gas Holdings Co's value of 0.71 is 31.5% above this benchmark. Historically, Saibu Gas Holdings Co's own Dividend Payout Ratio has ranged from 0.30 to 8.99 over the past decade. While the company's 10-year median is 0.43 vs. the industry median of 0.54, Saibu Gas Holdings Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for an Utilities - Regulated company?
The median Dividend Payout Ratio among Utilities - Regulated companies is 0.54, based on 375 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Saibu Gas Holdings Co's current Dividend Payout Ratio of 0.71 is 31.5% 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 Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Saibu Gas Holdings Co and its competitors. For the Utilities - Regulated industry, the median Dividend Payout Ratio is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saibu Gas Holdings Co's current Dividend Payout Ratio is 0.71, which is 65% above median its own 10-year median of 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saibu Gas Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Saibu Gas Holdings Co (TSE:9536) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,923.91, compared to a current price of 円2,349.00 — trading 22.1% above its estimated fair value. The current Dividend Payout Ratio is 0.71, which is 65% above median its 10-year median of 0.43 and 31.5% above the Utilities - Regulated industry median of 0.54. Saibu Gas Holdings Co's overall GF Score™ is 62/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Saibu Gas Holdings Co (TSE:9536), the current Dividend Payout Ratio is 0.71 as of Mar. 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 Saibu Gas Holdings Co (TSE:9536) Overvalued in 2026?
Based on GuruFocus' analysis, Saibu Gas Holdings Co stock appears to be overvalued.
The current stock price of 円2,349.00 is trading 22.1% above its estimated GF Value™ of 円1,923.91.
GuruFocus considers Saibu Gas Holdings Co to be Modestly Overvalued.
Key valuation signals for TSE:9536:
Dividend Payout Ratio: 0.71 (65% above median its 10-year median of 0.43)
GF Value™: 円1,923.91 vs. price of 円2,349.00 (22.1% above fair value)
Industry Position: 31.5% above the Utilities - Regulated median (#111 of 375)
No single metric tells the full story. See the TSE:9536 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Saibu Gas Holdings Co Ltd is a Japanese natural gas utility that produces, supplies, and sells natural gas and petroleum products. The company segments its operations into gas, liquefied petroleum gas, real estate, and "other" business units. The company primarily distributes and sells natural gas and LPG in the Fukuoka and Kitakyushu areas in the northern part of the Japanese island of Kyushu. Saibu sells gas and liquefied natural gas products to a variety of utility and industrial customers through long-term agreements. The company also is involved in the heating, gas equipment, and photovoltaic power generation business through its other activities.
62GF Score
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