Manaby Co (TSE:9222) PE Ratio without NRI: 3.34 (As of Jul. 16, 2026) — 99% Below Median

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TSE:9222 Manaby Co Ltd TSE:9222
12 GF Score
Price 円50.00
GF Value 円2,175.53
! 4 Warning Signs
View Full Analysis

What is Manaby Co PE Ratio without NRI?

Manaby Co TSE:9222 12 PE Ratio without NRI is 3.34 as of Jul. 16, 2026, which is 99% below its 10-year median of 564.73. GuruFocus rates TSE:9222 with a GF Score™ of 12/100 and a GF Value™ of 円2,175.53. The stock has 4 warning signs investors should review.

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 (2026-07-16), Manaby Co's share price is 円50.00. Manaby Co's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was 円14.97. Therefore, Manaby Co's PE Ratio without NRI for today is 3.34.

During the past 7 years, Manaby Co's highest PE Ratio without NRI was 564.73. The lowest was 3.27. And the median was 564.73.

Manaby Co's EPS without NRI for the six months ended in Mar. 2026 was 円6.00. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was 円14.97.

As of today (2026-07-16), Manaby Co's share price is 円50.00. Manaby Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was 円15.52. Therefore, Manaby Co's PE Ratio (TTM) for today is 3.22.

Good Sign:

Manaby Co Ltd stock PE Ratio (=3.22) is close to 3-year low of 3.22.

During the past years, Manaby Co's highest PE Ratio (TTM) was 251.45. The lowest was 3.22. And the median was 251.45.

Manaby Co's EPS (Diluted) for the six months ended in Mar. 2026 was 円5.08. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was 円15.52.

Manaby Co's EPS (Basic) for the six months ended in Mar. 2026 was 円5.08. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was 円15.52.


Manaby Co  (TSE:9222) 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.


Manaby Co PE Ratio without NRI Related Terms


Manaby Co PE Ratio without NRI Historical Data

* Premium members only.

The historical data trend for Manaby Co'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.

Manaby Co PE Ratio without NRI Chart

Manaby Co Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PE Ratio without NRI
Get a 7-Day Free Trial N/A At Loss 564.73 At Loss 3.27

Manaby Co Semi-Annual Data
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 564.73 At Loss At Loss At Loss 3.27

TSE:9222 vs RHI, KFY, TNET: PE Ratio without NRI Comparison

For the Staffing & Employment Services subindustry, Manaby Co'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.


Manaby Co PE Ratio without NRI vs Business Services Industry

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

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


TSE:9222
12GF Score
Manaby Co Ltd TSE:9222
PE Ratio without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Manaby Co 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.

Manaby Co's PE Ratio without NRI for today is calculated as

PE Ratio without NRI=Share Price/ EPS without NRI
=50.00/14.972
=3.34

Manaby Co's Share Price of today is 円50.00.
For company reported semi-annually, Manaby Co'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14.97.

* 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 3.34 mean?
Manaby Co (TSE:9222) has a PE Ratio without NRI of 3.34 as of Jul. 16, 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 Manaby Co and its competitors. This is 99% below median its historical median of 564.73. Over the past decade, Manaby Co's PE Ratio without NRI has ranged from 3.27 to 564.73.
Is Manaby Co's PE Ratio without NRI too high?
Manaby Co's current PE Ratio without NRI of 3.34 is 99% below median its 10-year median of 564.73. Over the past 10 years, this metric has ranged from a low of 3.27 to a high of 564.73. The Business Services industry median PE Ratio without NRI is 15.51. Manaby Co's value of 3.34 is 78.5% below this industry median. Overall, Manaby Co has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Manaby Co's PE Ratio without NRI compare to RHI and KFY?
Manaby Co's PE Ratio without NRI of 3.34 can be compared against companies in the Business Services industry. The industry median PE Ratio without NRI is 15.51. Manaby Co's value of 3.34 is 78.5% below this benchmark. Historically, Manaby Co's own PE Ratio without NRI has ranged from 3.27 to 564.73 over the past decade. While the company's 10-year median is 564.73 vs. the industry median of 15.51, Manaby Co 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 15.51, based on 792 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. Manaby Co's current PE Ratio without NRI of 3.34 is 78.5% 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 Manaby Co and its competitors. For the Business Services industry, the median PE Ratio without NRI is 15.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manaby Co's current PE Ratio without NRI is 3.34, which is 99% below median its own 10-year median of 564.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manaby Co stock overvalued right now?
Manaby Co (TSE:9222) has a current PE Ratio without NRI of 3.34. The stock's GF Value™ is 円2,175.53, compared to a current price of 円50.00 — trading 97.7% below its estimated fair value. The current PE Ratio without NRI is 3.34, which is 99% below median its 10-year median of 564.73 and 78.5% below the Business Services industry median of 15.51. Manaby Co's overall GF Score™ is 12/100 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 Manaby Co (TSE:9222), the current PE Ratio without NRI is 3.34 as of Jul. 16, 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 Manaby Co (TSE:9222) Overvalued in 2026?

Based on GuruFocus' analysis, Manaby Co stock appears to be undervalued. The current stock price of 円50.00 is trading 97.7% below its estimated GF Value™ of 円2,175.53.

Key valuation signals for TSE:9222:

  • PE Ratio without NRI: 3.34 (99% below median its 10-year median of 564.73)
  • GF Value™: 円2,175.53 vs. price of 円50.00 (97.7% below fair value)
  • GF Score™: 12/100 with 4 warning signs
  • Industry Position: 78.5% below the Business Services median

No single metric tells the full story. See the TSE:9222 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Manaby Co Business Description

Address 1-6-30 Tsutsujigaoka, 5th Floor, Dee Grants Sendai Building, Miyagino-ku, Miyagi Prefecture, Sendai, JPN, 983-0852
Manaby Co Ltd is engaged in providing employment support services based on comprehensive support law for people with disabilities. It has developed a learning system using its e-learning system, which allows people who have difficulty going out, to learn IT skills to train and work from home. The company's main operations are as follows: employment transition support business (manaby); employment continuation support type B business (manabyCREATORS); online employment support business (manabyWORKS); paid job introduction service for companies wishing to employ people with disabilities; e-learning service (Mana e) for welfare business operators, dialogue-oriented SES (provision of engineer labor) business (manabyTECHNO); and after-school day care service business (manaby Campus).
12GF Score

Get the complete analysis for TSE:9222

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

円50.00
Price
円2,175.53
GF Value