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Star FlyerTSE:9206 49 PE Ratio without NRI is 16.89 as of Jul. 15, 2026, which is 176% above its 10-year median of 6.13. GuruFocus rates TSE:9206 with a GF Score™ of 49/100 and a GF Value™ of 円2,854.64 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 794 Transportation companies, Star Flyer ranks worse than 55.67% 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 (2026-07-15), Star Flyer's share price is 円1924.00.
Star Flyer's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was 円113.89. Therefore, Star Flyer's PE Ratio without NRI for today is 16.89.
During the past 13 years, Star Flyer's highest PE Ratio without NRI was 59.67. The lowest was 3.27. And the median was 6.13.
Star Flyer's EPS without NRI for the
six
months ended in Mar. 2026 was 円140.18.
Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was 円113.89.
Star Flyer Inc stock PE Ratio (=56.87) is close to 2-year high of 58.5.
During the past years, Star Flyer's highestPE Ratio (TTM) was 154.40. The lowest was 3.32. And the median was 6.82.
Star Flyer's
EPS (Diluted) for the
six
months ended in Mar. 2026 was 円141.13.
Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was 円114.43.
Star Flyer's EPS (Basic) for the
six
months ended in Mar. 2026 was 円141.13.
Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was 円114.43.
Star Flyer (TSE:9206) 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.
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.
Star Flyer PE Ratio without NRI Related Terms
Star Flyer PE Ratio without NRI Historical Data
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The historical data trend for Star Flyer'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.
TSE:9206 vs DAL, UAL, LUV: PE Ratio without NRI Comparison
For the Airlines subindustry, Star Flyer'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.
Star Flyer PE Ratio without NRI vs Transportation Industry
For the Transportation industry and Industrials sector, Star Flyer's PE Ratio without NRI distribution charts can be found below:
* The bar in red indicates where Star Flyer's PE Ratio without NRI falls into.
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.
Star Flyer's PE Ratio without NRI for today is calculated as
Star Flyer's Share Price of today is 円1924.00.
For company reported semi-annually, Star Flyer'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113.89.
* 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.
Star Flyer (TSE:9206) has a PE Ratio without NRI of 16.89 as of Jul. 15, 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 Star Flyer and its competitors. This is 176% above median its historical median of 6.13. Over the past decade, Star Flyer's PE Ratio without NRI has ranged from 3.27 to 59.67. According to the industry distribution chart, Star Flyer ranks #442 out of 794 companies in the Transportation industry, placing it in the top 55.7%.
Is Star Flyer's PE Ratio without NRI too high?
Star Flyer's current PE Ratio without NRI of 16.89 is 176% above median its 10-year median of 6.13. Over the past 10 years, this metric has ranged from a low of 3.27 to a high of 59.67. The Transportation industry median PE Ratio without NRI is 15.52. Star Flyer's value of 16.89 is 8.9% above this industry median. Based on the distribution chart, Star Flyer ranks #442 out of 794 companies in the Transportation industry, which is below the industry midpoint. Overall, Star Flyer has a GF Score™ of 49/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Star Flyer's PE Ratio without NRI compare to DAL and UAL?
According to the Transportation industry distribution chart, Star Flyer ranks #442 out of 794 companies for PE Ratio without NRI. This places Star Flyer in the lower half of its industry. The industry median PE Ratio without NRI is 15.52. Star Flyer's value of 16.89 is 8.9% above this benchmark. Historically, Star Flyer's own PE Ratio without NRI has ranged from 3.27 to 59.67 over the past decade. While the company's 10-year median is 6.13 vs. the industry median of 15.52, Star Flyer 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 PE Ratio without NRI for a Transportation company?
The median PE Ratio without NRI among Transportation companies is 15.52, based on 794 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. Star Flyer's current PE Ratio without NRI of 16.89 is 8.9% 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 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 Star Flyer and its competitors. For the Transportation industry, the median PE Ratio without NRI is 15.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Star Flyer's current PE Ratio without NRI is 16.89, which is 176% above median its own 10-year median of 6.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Star Flyer stock overvalued right now?
Based on GuruFocus' analysis, Star Flyer (TSE:9206) is currently considered Significantly Undervalued. The stock's GF Value™ is 円2,854.64, compared to a current price of 円1,924.00 — trading 32.6% below its estimated fair value. The current PE Ratio without NRI is 16.89, which is 176% above median its 10-year median of 6.13 and 8.9% above the Transportation industry median of 15.52. Star Flyer's overall GF Score™ is 49/100 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 Star Flyer (TSE:9206), the current PE Ratio without NRI is 16.89 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 Star Flyer (TSE:9206) Overvalued in 2026?
Based on GuruFocus' analysis, Star Flyer stock appears to be undervalued.
The current stock price of 円1,924.00 is trading 32.6% below its estimated GF Value™ of 円2,854.64.
GuruFocus considers Star Flyer to be Significantly Undervalued.
Key valuation signals for TSE:9206:
PE Ratio without NRI: 16.89 (176% above median its 10-year median of 6.13)
GF Value™: 円2,854.64 vs. price of 円1,924.00 (32.6% below fair value)
Industry Position: 8.9% above the Transportation median (#442 of 794)
No single metric tells the full story. See the TSE:9206 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Star Flyer Inc operates as an airline carrier in the aviation industry. The company provides air transportation services for passengers, baggage, and cargo. Star Flyer also offers shuttle services between key Japanese cities.
49GF Score
Get the complete analysis for TSE:9206
PE Ratio without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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