Nitto Kogyo (TSE:6651) PEG Ratio: 1.37 (As of Jul. 21, 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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TSE:6651 Nitto Kogyo Corp TSE:6651
94 GF Score
Price 円4,360.00
GF Value 円4,314.22
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Nitto Kogyo PEG Ratio?

Nitto Kogyo TSE:6651 +1.63% 94 PEG Ratio is 1.37 as of Jul. 21, 2026, which is 5% above its 10-year median of 1.31. GuruFocus rates TSE:6651 with a GF Score™ of 94/100 and a GF Value™ of 円4,314.22 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,277 Industrial Products companies, Nitto Kogyo ranks better than 59.59% on this metric.

PE Ratio without NRI / 5-Year EBITDA Growth Rate*

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use is the 5-Year EBITDA growth rate. As of today, Nitto Kogyo's PE Ratio without NRI is 13.75. Nitto Kogyo's 5-Year EBITDA growth rate is 10.00%. Therefore, Nitto Kogyo's PEG Ratio for today is 1.37.

* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


The historical rank and industry rank for Nitto Kogyo's PEG Ratio or its related term are showing as below:

TSE:6651' s PEG Ratio Range Over the Past 10 Years
Min: 0.37   Med: 1.31   Max: 24.34
Current: 1.38


During the past 13 years, Nitto Kogyo's highest PEG Ratio was 24.34. The lowest was 0.37. And the median was 1.31.


TSE:6651's PEG Ratio is ranked better than
59.59% of 1277 companies
in the Industrial Products industry
Industry Median: 1.76 vs TSE:6651: 1.38

Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.


Nitto Kogyo  (TSE:6651) PEG Ratio Explanation

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.


Nitto Kogyo PEG Ratio Related Terms


Nitto Kogyo PEG Ratio Historical Data

* Premium members only.

The historical data trend for Nitto Kogyo's PEG 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.

Nitto Kogyo PEG Ratio Chart

Nitto Kogyo Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PEG Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 1.80 7.21 1.49 0.63

Nitto Kogyo Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PEG Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.49 1.12 0.90 0.76 0.63

TSE:6651 vs VRT, BE: PEG Ratio Comparison

For the Electrical Equipment & Parts subindustry, Nitto Kogyo's PEG Ratio, along with its competitors' market caps and PEG 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.


Nitto Kogyo PEG Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nitto Kogyo's PEG Ratio distribution charts can be found below:

* The bar in red indicates where Nitto Kogyo's PEG Ratio falls into.


TSE:6651
94GF Score
Nitto Kogyo Corp TSE:6651
PEG Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nitto Kogyo PEG Ratio Calculation

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The ratio we use is the 5-Year EBITDA growth rate.

Nitto Kogyo's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=13.7465278982/10.00
=1.37

* 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.

* Note: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.

Frequently Asked Questions Learn more about PEG Ratio →
What does a PEG Ratio of 1.37 mean?
Nitto Kogyo (TSE:6651) has a PEG Ratio of 1.37 as of Jul. 21, 2026. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Nitto Kogyo and its competitors. This is near median its historical median of 1.31. Over the past decade, Nitto Kogyo's PEG Ratio has ranged from 0.37 to 24.34. According to the industry distribution chart, Nitto Kogyo ranks #516 out of 1277 companies in the Industrial Products industry, placing it in the top 40.4%.
Is Nitto Kogyo's PEG Ratio too high?
Nitto Kogyo's current PEG Ratio of 1.37 is near median its 10-year median of 1.31. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 24.34. The Industrial Products industry median PEG Ratio is 1.76. Nitto Kogyo's value of 1.37 is 22.2% below this industry median. Based on the distribution chart, Nitto Kogyo ranks #516 out of 1277 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Nitto Kogyo has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nitto Kogyo's PEG Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Nitto Kogyo ranks #516 out of 1277 companies for PEG Ratio. This puts Nitto Kogyo in the upper half of its industry. The industry median PEG Ratio is 1.76. Nitto Kogyo's value of 1.37 is 22.2% below this benchmark. Historically, Nitto Kogyo's own PEG Ratio has ranged from 0.37 to 24.34 over the past decade. While the company's 10-year median is 1.31 vs. the industry median of 1.76, Nitto Kogyo has consistently been below 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 PEG Ratio for an Industrial Products company?
The median PEG Ratio among Industrial Products companies is 1.76, based on 1,277 companies in the industry. Companies in the top quartile (top 25%) have a PEG Ratio significantly above this median, while those in the bottom quartile fall well below. However, PEG Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nitto Kogyo's current PEG Ratio of 1.37 is 22.2% 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 PEG Ratio mean?
A high PEG Ratio can signal that a stock is expensive relative to its fundamentals. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Nitto Kogyo and its competitors. For the Industrial Products industry, the median PEG Ratio is 1.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nitto Kogyo's current PEG Ratio is 1.37, which is near median its own 10-year median of 1.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitto Kogyo stock overvalued right now?
Based on GuruFocus' analysis, Nitto Kogyo (TSE:6651) is currently considered Fairly Valued. The stock's GF Value™ is 円4,314.22, compared to a current price of 円4,360.00 — trading 1.1% above its estimated fair value. The current PEG Ratio is 1.37, which is near median its 10-year median of 1.31 and 22.2% below the Industrial Products industry median of 1.76. Nitto Kogyo's overall GF Score™ is 94/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PEG Ratio calculated?
PEG Ratio is calculated from a company's financial statements. For Nitto Kogyo (TSE:6651), the current PEG Ratio is 1.37 as of Jul. 21, 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 Nitto Kogyo (TSE:6651) Overvalued in 2026?

Based on GuruFocus' analysis, Nitto Kogyo stock appears to be overvalued. The current stock price of 円4,360.00 is trading 1.1% above its estimated GF Value™ of 円4,314.22. GuruFocus considers Nitto Kogyo to be Fairly Valued.

Key valuation signals for TSE:6651:

  • PEG Ratio: 1.37 (near median its 10-year median of 1.31)
  • GF Value™: 円4,314.22 vs. price of 円4,360.00 (1.1% above fair value)
  • GF Score™: 94/100 with 1 warning sign
  • Industry Position: 22.2% below the Industrial Products median (#516 of 1277)

No single metric tells the full story. See the TSE:6651 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nitto Kogyo Business Description

Address 2201, Kanihara, Nagakute-cho, Aichi County, Tokyo, JPN, 480-1189
Nitto Kogyo Corp is a Japan-based company which provides a wide range of product materials, such as electric circuit panelboard powered high-pressure equipment, such as information and communications-related materials. It is engaged in manufacture and sales of electric and mechanical equipment such as high-voltage power-receiving equipment, panel boards, home panel boards, charging stations, optical junction boxes, metal enclosures, plastic enclosures, racks, breakers, switches, thermal management products, and so on. The company is also in Power Generation and sales business.
94GF Score

Get the complete analysis for TSE:6651

PEG Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円4,360.00
Price
円4,314.22
GF Value