Hokuriku Gas Co (TSE:9537) PEG Ratio: 2.40 (As of Jul. 15, 2026) — 83% Below Median

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TSE:9537 Hokuriku Gas Co Ltd TSE:9537
67 GF Score
Price 円4,280.00
GF Value 円3,701.52
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Hokuriku Gas Co PEG Ratio?

Hokuriku Gas Co TSE:9537 -1.15% 67 PEG Ratio is 2.40 as of Jul. 15, 2026, which is 83% below its 10-year median of 14.29. GuruFocus rates TSE:9537 with a GF Score™ of 67/100 and a GF Value™ of 円3,701.52 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 300 Utilities - Regulated companies, Hokuriku Gas Co ranks worse than 57% 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, Hokuriku Gas Co's PE Ratio without NRI is 6.24. Hokuriku Gas Co's 5-Year EBITDA growth rate is 2.60%. Therefore, Hokuriku Gas Co's PEG Ratio for today is 2.40.

* 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 Hokuriku Gas Co's PEG Ratio or its related term are showing as below:

TSE:9537' s PEG Ratio Range Over the Past 10 Years
Min: 2.28   Med: 14.29   Max: 15.65
Current: 2.4


During the past 13 years, Hokuriku Gas Co's highest PEG Ratio was 15.65. The lowest was 2.28. And the median was 14.29.


TSE:9537's PEG Ratio is ranked worse than
57% of 300 companies
in the Utilities - Regulated industry
Industry Median: 1.745 vs TSE:9537: 2.40

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


Hokuriku Gas Co  (TSE:9537) 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.


Hokuriku Gas Co PEG Ratio Related Terms


Hokuriku Gas Co PEG Ratio Historical Data

* Premium members only.

The historical data trend for Hokuriku Gas Co'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.

Hokuriku Gas Co PEG Ratio Chart

Hokuriku Gas Co 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 13.95 0.00 0.00 0.00 2.55

Hokuriku Gas Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.00 0.00 0.00 0.00 2.55

TSE:9537 vs ATO, NI, UGI: PEG Ratio Comparison

For the Utilities - Regulated Gas subindustry, Hokuriku Gas Co'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.


Hokuriku Gas Co PEG Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Hokuriku Gas Co's PEG Ratio distribution charts can be found below:

* The bar in red indicates where Hokuriku Gas Co's PEG Ratio falls into.


TSE:9537
67GF Score
Hokuriku Gas Co Ltd TSE:9537
PEG Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hokuriku Gas Co 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.

Hokuriku Gas Co's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=6.2377394898462/2.60
=2.40

* 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 2.40 mean?
Hokuriku Gas Co (TSE:9537) has a PEG Ratio of 2.40 as of Jul. 15, 2026. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Hokuriku Gas Co and its competitors. This is 83% below median its historical median of 14.29. Over the past decade, Hokuriku Gas Co's PEG Ratio has ranged from 2.28 to 15.65. According to the industry distribution chart, Hokuriku Gas Co ranks #171 out of 300 companies in the Utilities - Regulated industry, placing it in the top 57%.
Is Hokuriku Gas Co's PEG Ratio too high?
Hokuriku Gas Co's current PEG Ratio of 2.40 is 83% below median its 10-year median of 14.29. Over the past 10 years, this metric has ranged from a low of 2.28 to a high of 15.65. The Utilities - Regulated industry median PEG Ratio is 1.75. Hokuriku Gas Co's value of 2.40 is 37.5% above this industry median. Based on the distribution chart, Hokuriku Gas Co ranks #171 out of 300 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Hokuriku Gas Co has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hokuriku Gas Co's PEG Ratio compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Hokuriku Gas Co ranks #171 out of 300 companies for PEG Ratio. This places Hokuriku Gas Co in the lower half of its industry. The industry median PEG Ratio is 1.75. Hokuriku Gas Co's value of 2.40 is 37.5% above this benchmark. Historically, Hokuriku Gas Co's own PEG Ratio has ranged from 2.28 to 15.65 over the past decade. While the company's 10-year median is 14.29 vs. the industry median of 1.75, Hokuriku Gas 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 PEG Ratio for an Utilities - Regulated company?
The median PEG Ratio among Utilities - Regulated companies is 1.75, based on 300 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. Hokuriku Gas Co's current PEG Ratio of 2.40 is 37.5% 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 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 Hokuriku Gas Co and its competitors. For the Utilities - Regulated industry, the median PEG Ratio is 1.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hokuriku Gas Co's current PEG Ratio is 2.40, which is 83% below median its own 10-year median of 14.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hokuriku Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Hokuriku Gas Co (TSE:9537) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,701.52, compared to a current price of 円4,280.00 — trading 15.6% above its estimated fair value. The current PEG Ratio is 2.40, which is 83% below median its 10-year median of 14.29 and 37.5% above the Utilities - Regulated industry median of 1.75. Hokuriku Gas Co's overall GF Score™ is 67/100 with 3 warning signs 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 Hokuriku Gas Co (TSE:9537), the current PEG Ratio is 2.40 as of Jul. 15, 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 Hokuriku Gas Co (TSE:9537) Overvalued in 2026?

Based on GuruFocus' analysis, Hokuriku Gas Co stock appears to be overvalued. The current stock price of 円4,280.00 is trading 15.6% above its estimated GF Value™ of 円3,701.52. GuruFocus considers Hokuriku Gas Co to be Modestly Overvalued.

Key valuation signals for TSE:9537:

  • PEG Ratio: 2.40 (83% below median its 10-year median of 14.29)
  • GF Value™: 円3,701.52 vs. price of 円4,280.00 (15.6% above fair value)
  • GF Score™: 67/100 with 3 warning signs
  • Industry Position: 37.5% above the Utilities - Regulated median (#171 of 300)

No single metric tells the full story. See the TSE:9537 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hokuriku Gas Co Business Description

Address Hokuriku Building, 2-23 Higashi-Odori 1-chome, Chuo-ku, Niigata City, JPN, 950-8748
Hokuriku Gas Co Ltd engages in the manufacture, supply, and sale of city gas and gas-related equipment. It is involved in the manufacture, supply, and sale of city gas, as well as the operation of gas works and the sale of gas equipment. The firm also engages in the sale of liquefied petroleum gas (LPG) and LPG equipment, the operation of LPG piping works, gas works and civil engineering works, the design, installation, maintenance, security and inspection of gas equipment, the sale, installation and meter reading of housing facilities and equipment, the leasing and management of buildings, the leasing of business equipment and vehicles, It also undertakes gas construction contracts; and sells gas appliances.
67GF Score

Get the complete analysis for TSE:9537

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

円4,280.00
Price
円3,701.52
GF Value