Airtech Japan (TSE:6291) PE Ratio without NRI: 12.00 (As of Jul. 24, 2026) — 10% Below Median

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TSE:6291 Airtech Japan Ltd TSE:6291
72 GF Score
Price 円1,326.00
GF Value 円1,289.90
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Airtech Japan PE Ratio without NRI?

Airtech Japan TSE:6291 +0.45% 72 PE Ratio without NRI is 12.00 as of Jul. 24, 2026, which is 10% below its 10-year median of 13.29. GuruFocus rates TSE:6291 with a GF Score™ of 72/100 and a GF Value™ of 円1,289.90 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,275 Industrial Products companies, Airtech Japan ranks better than 84.13% on this metric.

The PE Ratio without NRI, or P/E Ratio without non-recurring items, is a financial ratio used to compare a company's market price to its EPS without NRI. As of today (2026-07-24), Airtech Japan's share price is 円1326.00. Airtech Japan's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was 円110.54. Therefore, Airtech Japan's PE Ratio without NRI for today is 12.00.

During the past 13 years, Airtech Japan's highest PE Ratio without NRI was 31.13. The lowest was 5.63. And the median was 13.29.

Airtech Japan's EPS without NRI for the three months ended in Dec. 2025 was 円18.14. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was 円110.54.

As of today (2026-07-24), Airtech Japan's share price is 円1326.00. Airtech Japan's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was 円109.95. Therefore, Airtech Japan's PE Ratio (TTM) for today is 12.06.

During the past years, Airtech Japan's highest PE Ratio (TTM) was 31.13. The lowest was 5.63. And the median was 13.89.

Airtech Japan's EPS (Diluted) for the three months ended in Dec. 2025 was 円17.64. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was 円109.95.

Airtech Japan's EPS (Basic) for the three months ended in Dec. 2025 was 円17.64. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2025 was 円109.95.


Airtech Japan  (TSE:6291) PE Ratio without NRI Explanation

The PE Ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.

If a company loses money, the PE Ratio becomes meaningless.

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

Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio without NRI measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio.


Airtech Japan PE Ratio without NRI Related Terms


Airtech Japan PE Ratio without NRI Historical Data

* Premium members only.

The historical data trend for Airtech Japan's PE Ratio without NRI 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.

Airtech Japan PE Ratio without NRI Chart

Airtech Japan Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PE Ratio without NRI
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.82 10.63 17.44 10.21 10.28

Airtech Japan Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PE Ratio without NRI 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 15.19 13.38 13.36 10.28 At Loss

TSE:6291 vs VLTO, ZWS, CECO: PE Ratio without NRI Comparison

For the Pollution & Treatment Controls subindustry, Airtech Japan's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI 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.


Airtech Japan PE Ratio without NRI vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Airtech Japan's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where Airtech Japan's PE Ratio without NRI falls into.


TSE:6291
72GF Score
Airtech Japan Ltd TSE:6291
PE Ratio without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
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Airtech Japan PE Ratio without NRI Calculation

The PE Ratio without NRI, or P/E Ratio without non-recurring items, is a financial ratio used to compare a company's market price to its EPS without NRI. Regular 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 regular PE Ratio.

Airtech Japan's PE Ratio without NRI for today is calculated as

PE Ratio without NRI=Share Price/ EPS without NRI
=1326.00/110.542
=12

Airtech Japan's Share Price of today is 円1326.00.
Airtech Japan's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was 円110.54.

* 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.

There are at least three kinds of PE Ratios used by different investors. They are Trailing Twelve Month PE Ratio, Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months.

For Forward PE Ratio, the earnings are the expected earnings for the next twelve months.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.

Frequently Asked Questions Learn more about PE Ratio without NRI →
What does a PE Ratio without NRI of 12.00 mean?
Airtech Japan (TSE:6291) has a PE Ratio without NRI of 12.00 as of Jul. 24, 2026. P/E without nonrecurring items is the ratio of share price to a company's earnings less one-time charges. View historical data on Airtech Japan and its competitors. This is 10% below median its historical median of 13.29. Over the past decade, Airtech Japan's PE Ratio without NRI has ranged from 5.63 to 31.13. According to the industry distribution chart, Airtech Japan ranks #361 out of 2275 companies in the Industrial Products industry, placing it in the top 15.9%.
Is Airtech Japan's PE Ratio without NRI too high?
Airtech Japan's current PE Ratio without NRI of 12.00 is 10% below median its 10-year median of 13.29. Over the past 10 years, this metric has ranged from a low of 5.63 to a high of 31.13. The Industrial Products industry median PE Ratio without NRI is 25.71. Airtech Japan's value of 12.00 is 53.3% below this industry median. Based on the distribution chart, Airtech Japan ranks #361 out of 2275 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Airtech Japan has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Airtech Japan's PE Ratio without NRI compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Airtech Japan ranks #361 out of 2275 companies for PE Ratio without NRI. This places Airtech Japan in the top 16% of its industry — outperforming the majority of peers. The industry median PE Ratio without NRI is 25.71. Airtech Japan's value of 12.00 is 53.3% below this benchmark. Historically, Airtech Japan's own PE Ratio without NRI has ranged from 5.63 to 31.13 over the past decade. While the company's 10-year median is 13.29 vs. the industry median of 25.71, Airtech Japan 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 PE Ratio without NRI for an Industrial Products company?
The median PE Ratio without NRI among Industrial Products companies is 25.71, based on 2,275 companies in the industry. Companies in the top quartile (top 25%) have a PE Ratio without NRI significantly above this median, while those in the bottom quartile fall well below. However, PE Ratio without NRI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Airtech Japan's current PE Ratio without NRI of 12.00 is 53.3% 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 PE Ratio without NRI mean?
A high PE Ratio without NRI can signal that a stock is expensive relative to its fundamentals. P/E without nonrecurring items is the ratio of share price to a company's earnings less one-time charges. View historical data on Airtech Japan and its competitors. For the Industrial Products industry, the median PE Ratio without NRI is 25.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Airtech Japan's current PE Ratio without NRI is 12.00, which is 10% below median its own 10-year median of 13.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Airtech Japan stock overvalued right now?
Based on GuruFocus' analysis, Airtech Japan (TSE:6291) is currently considered Fairly Valued. The stock's GF Value™ is 円1,289.90, compared to a current price of 円1,326.00 — trading 2.8% above its estimated fair value. The current PE Ratio without NRI is 12.00, which is 10% below median its 10-year median of 13.29 and 53.3% below the Industrial Products industry median of 25.71. Airtech Japan's overall GF Score™ is 72/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio without NRI calculated?
PE Ratio without NRI is calculated from a company's financial statements. For Airtech Japan (TSE:6291), the current PE Ratio without NRI is 12.00 as of Jul. 24, 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 Airtech Japan (TSE:6291) Overvalued in 2026?

Based on GuruFocus' analysis, Airtech Japan stock appears to be overvalued. The current stock price of 円1,326.00 is trading 2.8% above its estimated GF Value™ of 円1,289.90. GuruFocus considers Airtech Japan to be Fairly Valued.

Key valuation signals for TSE:6291:

  • PE Ratio without NRI: 12.00 (10% below median its 10-year median of 13.29)
  • GF Value™: 円1,289.90 vs. price of 円1,326.00 (2.8% above fair value)
  • GF Score™: 72/100 with 4 warning signs
  • Industry Position: 53.3% below the Industrial Products median (#361 of 2275)

No single metric tells the full story. See the TSE:6291 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Airtech Japan Business Description

Address No. 14, Iriya 1 - chome, Taito-ku, Tokyo, JPN, 110-8686
Airtech Japan Ltd is engaged as a manufacturer of clean air system, manufacture and sell clean room, clean bench, and biohazard system. The products of the company include sterile operating room, dust removal air shower, double air shower, and air knife type pass box, Cleanrooms/BSL-3/CPF, Air showers, Clean booths/SS-MAC series/Fan filter units, Clean benches/Biosafety cabinets/Isolators, Infection prevention products, Air curtains/Insect control/Cold storage air curtains.
72GF Score

Get the complete analysis for TSE:6291

PE Ratio without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円1,326.00
Price
円1,289.90
GF Value