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Tokyo Infrastructure Energy InvestmentTSE:9285 +0.34%58 PE Ratio without NRI is 19.26 as of Jul. 16, 2026, which is 18% below its 10-year median of 23.63. GuruFocus rates TSE:9285 with a GF Score™ of 58/100 and a GF Value™ of 円67,791.89 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 294 Utilities - Independent Power Producers companies, Tokyo Infrastructure Energy Investment ranks better than 52.04% 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 (2026-07-16), Tokyo Infrastructure Energy Investment's share price is 円44400.00.
Tokyo Infrastructure Energy Investment's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was 円2,304.94. Therefore, Tokyo Infrastructure Energy Investment's PE Ratio without NRI for today is 19.26.
During the past 7 years, Tokyo Infrastructure Energy Investment's highest PE Ratio without NRI was 34.45. The lowest was 18.01. And the median was 23.63.
Tokyo Infrastructure Energy Investment (TSE:9285) 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.
Tokyo Infrastructure Energy Investment PE Ratio without NRI Related Terms
Tokyo Infrastructure Energy Investment PE Ratio without NRI Historical Data
* 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.
Tokyo Infrastructure Energy Investment PE Ratio without NRI Chart
Tokyo Infrastructure Energy Investment Annual Data
Tokyo Infrastructure Energy Investment PE Ratio without NRI Competitor Comparison
For the Utilities - Renewable subindustry, Tokyo Infrastructure Energy Investment'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.
Tokyo Infrastructure Energy Investment PE Ratio without NRI vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Tokyo Infrastructure Energy Investment's PE Ratio without NRI distribution charts can be found below:
* The bar in red indicates where Tokyo Infrastructure Energy Investment's PE Ratio without NRI falls into.
Tokyo Infrastructure Energy Investment 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.
Tokyo Infrastructure Energy Investment's Share Price of today is 円44400.00.
For company reported semi-annually, Tokyo Infrastructure Energy Investment's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円2,304.94.
* 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.
Tokyo Infrastructure Energy Investment (TSE:9285) has a PE Ratio without NRI of 19.26 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 Tokyo Infrastructure Energy Investment and its competitors. This is 18% below median its historical median of 23.63. Over the past decade, Tokyo Infrastructure Energy Investment's PE Ratio without NRI has ranged from 18.01 to 34.45. According to the industry distribution chart, Tokyo Infrastructure Energy Investment ranks #141 out of 294 companies in the Utilities - Independent Power Producers industry, placing it in the top 48%.
Is Tokyo Infrastructure Energy Investment's PE Ratio without NRI too high?
Tokyo Infrastructure Energy Investment's current PE Ratio without NRI of 19.26 is 18% below median its 10-year median of 23.63. Over the past 10 years, this metric has ranged from a low of 18.01 to a high of 34.45. The Utilities - Independent Power Producers industry median PE Ratio without NRI is 20.30. Tokyo Infrastructure Energy Investment's value of 19.26 is 5.1% below this industry median. Based on the distribution chart, Tokyo Infrastructure Energy Investment ranks #141 out of 294 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Tokyo Infrastructure Energy Investment has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tokyo Infrastructure Energy Investment's PE Ratio without NRI compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Tokyo Infrastructure Energy Investment ranks #141 out of 294 companies for PE Ratio without NRI. This puts Tokyo Infrastructure Energy Investment in the upper half of its industry. The industry median PE Ratio without NRI is 20.30. Tokyo Infrastructure Energy Investment's value of 19.26 is 5.1% below this benchmark. Historically, Tokyo Infrastructure Energy Investment's own PE Ratio without NRI has ranged from 18.01 to 34.45 over the past decade. While the company's 10-year median is 23.63 vs. the industry median of 20.30, Tokyo Infrastructure Energy Investment 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 Utilities - Independent Power Producers company?
The median PE Ratio without NRI among Utilities - Independent Power Producers companies is 20.30, based on 294 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. Tokyo Infrastructure Energy Investment's current PE Ratio without NRI of 19.26 is 5.1% 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 Tokyo Infrastructure Energy Investment and its competitors. For the Utilities - Independent Power Producers industry, the median PE Ratio without NRI is 20.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyo Infrastructure Energy Investment's current PE Ratio without NRI is 19.26, which is 18% below median its own 10-year median of 23.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Infrastructure Energy Investment stock overvalued right now?
Based on GuruFocus' analysis, Tokyo Infrastructure Energy Investment (TSE:9285) is currently considered Possible Value Trap. The stock's GF Value™ is 円67,791.89, compared to a current price of 円44,400.00 — trading 34.5% below its estimated fair value. The current PE Ratio without NRI is 19.26, which is 18% below median its 10-year median of 23.63 and 5.1% below the Utilities - Independent Power Producers industry median of 20.30. Tokyo Infrastructure Energy Investment's overall GF Score™ is 58/100 with 7 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 Tokyo Infrastructure Energy Investment (TSE:9285), the current PE Ratio without NRI is 19.26 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 Tokyo Infrastructure Energy Investment (TSE:9285) Overvalued in 2026?
Based on GuruFocus' analysis, Tokyo Infrastructure Energy Investment stock appears to be undervalued.
The current stock price of 円44,400.00 is trading 34.5% below its estimated GF Value™ of 円67,791.89.
GuruFocus considers Tokyo Infrastructure Energy Investment to be Possible Value Trap.
Key valuation signals for TSE:9285:
PE Ratio without NRI: 19.26 (18% below median its 10-year median of 23.63)
GF Value™: 円67,791.89 vs. price of 円44,400.00 (34.5% below fair value)
Industry Position: 5.1% below the Utilities - Independent Power Producers median (#141 of 294)
No single metric tells the full story. See the TSE:9285 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tokyo Infrastructure Energy Investment Business Description
Tokyo Infrastructure Energy Investment Corp is a Japan-based investment corporation. The company mainly invests in renewable energy generation equipment related assets. Its investment objective is to maximize the investor's value by creating high-quality investment opportunities and at the same time achieves the government's goal of promoting renewable energy power generation and revitalizes the local community. Its portfolio consists of TI Ryugasaki Solar Power Station, TI Ushisa Solar Power Station, TI Kanuma Solar Power Station, TI Yabuki Solar Power Station, and TI Kushiro Solar Power Station.
58GF Score
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