CELM (TSE:7367) PE Ratio without NRI: 11.78 (As of Jul. 02, 2026) — 22% Below Median


TSE:7367 CELM Inc TSE:7367
78 GF Score
Price 円336.00
GF Value 円544.01
Valuation Significantly Undervalued
! 1 Warning Sign
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What is CELM PE Ratio without NRI?

CELM TSE:7367 +1.82% 78 PE Ratio without NRI is 11.78 as of Jul. 02, 2026, which is 22% below its 10-year median of 15.01. GuruFocus rates TSE:7367 with a GF Score™ of 78/100 and a GF Value™ of 円544.01 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 797 Business Services companies, CELM ranks better than 65.12% 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 (2026-07-02), CELM's share price is 円336.00. CELM's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was 円28.53. Therefore, CELM's PE Ratio without NRI for today is 11.78.

During the past 8 years, CELM's highest PE Ratio without NRI was 39.71. The lowest was 11.00. And the median was 15.01.

CELM's EPS without NRI for the six months ended in Mar. 2026 was 円10.42. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was 円28.53.

As of today (2026-07-02), CELM's share price is 円336.00. CELM's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was 円26.49. Therefore, CELM's PE Ratio (TTM) for today is 12.68.

Good Sign:

CELM Inc stock PE Ratio (=12.68) is close to 10-year low of 11.82.

During the past years, CELM's highest PE Ratio (TTM) was 45.57. The lowest was 11.82. And the median was 17.84.

CELM's EPS (Diluted) for the six months ended in Mar. 2026 was 円8.38. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was 円26.49.

CELM's EPS (Basic) for the six months ended in Mar. 2026 was 円8.48. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was 円26.94.


CELM  (TSE:7367) 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.


CELM PE Ratio without NRI Related Terms


CELM PE Ratio without NRI Historical Data

* Premium members only.

The historical data trend for CELM'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.

CELM PE Ratio without NRI Chart

CELM Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PE Ratio without NRI
Get a 7-Day Free Trial 16.57 15.44 12.89 13.94 11.00

CELM Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 12.89 12.94 13.94 At Loss 11.00

TSE:7367 vs KFY, RHI, TNET: PE Ratio without NRI Comparison

For the Staffing & Employment Services subindustry, CELM'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.


CELM PE Ratio without NRI vs Business Services Industry

For the Business Services industry and Industrials sector, CELM's PE Ratio without NRI distribution charts can be found below:

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


TSE:7367
78GF Score
CELM Inc TSE:7367
PE Ratio without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
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CELM 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.

CELM's PE Ratio without NRI for today is calculated as

PE Ratio without NRI=Share Price/ EPS without NRI
=336.00/28.532
=11.78

CELM's Share Price of today is 円336.00.
For company reported semi-annually, CELM's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円28.53.

* 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 11.78 mean?
CELM (TSE:7367) has a PE Ratio without NRI of 11.78 as of Jul. 02, 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 CELM and its competitors. This is 22% below median its historical median of 15.01. Over the past decade, CELM's PE Ratio without NRI has ranged from 11.00 to 39.71. According to the industry distribution chart, CELM ranks #278 out of 797 companies in the Business Services industry, placing it in the top 34.9%.
Is CELM's PE Ratio without NRI too high?
CELM's current PE Ratio without NRI of 11.78 is 22% below median its 10-year median of 15.01. Over the past 10 years, this metric has ranged from a low of 11.00 to a high of 39.71. The Business Services industry median PE Ratio without NRI is 15.10. CELM's value of 11.78 is 22% below this industry median. Based on the distribution chart, CELM ranks #278 out of 797 companies in the Business Services industry, which is above the industry midpoint. Overall, CELM has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CELM's PE Ratio without NRI compare to KFY and RHI?
According to the Business Services industry distribution chart, CELM ranks #278 out of 797 companies for PE Ratio without NRI. This puts CELM in the upper half of its industry. The industry median PE Ratio without NRI is 15.10. CELM's value of 11.78 is 22% below this benchmark. Historically, CELM's own PE Ratio without NRI has ranged from 11.00 to 39.71 over the past decade. While the company's 10-year median is 15.01 vs. the industry median of 15.10, CELM 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 a Business Services company?
The median PE Ratio without NRI among Business Services companies is 15.10, based on 797 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. CELM's current PE Ratio without NRI of 11.78 is 22% 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 CELM and its competitors. For the Business Services industry, the median PE Ratio without NRI is 15.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CELM's current PE Ratio without NRI is 11.78, which is 22% below median its own 10-year median of 15.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CELM stock overvalued right now?
Based on GuruFocus' analysis, CELM (TSE:7367) is currently considered Significantly Undervalued. The stock's GF Value™ is 円544.01, compared to a current price of 円336.00 — trading 38.2% below its estimated fair value. The current PE Ratio without NRI is 11.78, which is 22% below median its 10-year median of 15.01 and 22% below the Business Services industry median of 15.10. CELM's overall GF Score™ is 78/100 with 1 warning sign 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 CELM (TSE:7367), the current PE Ratio without NRI is 11.78 as of Jul. 02, 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 CELM (TSE:7367) Overvalued in 2026?

Based on GuruFocus' analysis, CELM stock appears to be undervalued. The current stock price of 円336.00 is trading 38.2% below its estimated GF Value™ of 円544.01. GuruFocus considers CELM to be Significantly Undervalued.

Key valuation signals for TSE:7367:

  • PE Ratio without NRI: 11.78 (22% below median its 10-year median of 15.01)
  • GF Value™: 円544.01 vs. price of 円336.00 (38.2% below fair value)
  • GF Score™: 78/100 with 1 warning sign
  • Industry Position: 22% below the Business Services median (#278 of 797)

No single metric tells the full story. See the TSE:7367 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CELM Business Description

Address 1-19-19 Ebisu, Ebisu Business Tower 7th Floor, Shibuya-ku, Tokyo, JPN, 150-0013
CELM Inc is involved in the human resource development and organizational development business. It provides in-house training, human resource development consulting, organizational development consulting, organization survey, personnel system design, and other services. The company includes two reportable segments: Organization and Human Resources Development Business; and Stakeholder Relations Business.
78GF Score

Get the complete analysis for TSE:7367

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

円336.00
Price
円544.01
GF Value