Maruhachi Warehouse Co (TSE:9313) PE Ratio without NRI: 21.06 (As of Jul. 09, 2026) — 91% Above Median


TSE:9313 Maruhachi Warehouse Co Ltd TSE:9313
66 GF Score
Price 円1,069.00
GF Value 円783.96
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Maruhachi Warehouse Co PE Ratio without NRI?

Maruhachi Warehouse Co TSE:9313 +2.89% 66 PE Ratio without NRI is 21.06 as of Jul. 09, 2026, which is 91% above its 10-year median of 11.04. GuruFocus rates TSE:9313 with a GF Score™ of 66/100 and a GF Value™ of 円783.96 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 794 Business Services companies, Maruhachi Warehouse Co ranks worse than 68.01% 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 (2026-07-09), Maruhachi Warehouse Co's share price is 円1069.00. Maruhachi Warehouse Co's EPS without NRI for the trailing twelve months (TTM) ended in Nov. 2025 was 円50.77. Therefore, Maruhachi Warehouse Co's PE Ratio without NRI for today is 21.06.

During the past 13 years, Maruhachi Warehouse Co's highest PE Ratio without NRI was 23.52. The lowest was 5.84. And the median was 11.04.

Maruhachi Warehouse Co's EPS without NRI for the six months ended in Nov. 2025 was 円23.79. Its EPS without NRI for the trailing twelve months (TTM) ended in Nov. 2025 was 円50.77.

As of today (2026-07-09), Maruhachi Warehouse Co's share price is 円1069.00. Maruhachi Warehouse Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Nov. 2025 was 円52.53. Therefore, Maruhachi Warehouse Co's PE Ratio (TTM) for today is 20.35.

Warning Sign:

Maruhachi Warehouse Co Ltd stock PE Ratio (=20.35) is close to 10-year high of 21.11.

During the past years, Maruhachi Warehouse Co's highest PE Ratio (TTM) was 21.11. The lowest was 4.62. And the median was 10.64.

Maruhachi Warehouse Co's EPS (Diluted) for the six months ended in Nov. 2025 was 円25.51. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Nov. 2025 was 円52.53.

Maruhachi Warehouse Co's EPS (Basic) for the six months ended in Nov. 2025 was 円25.51. Its EPS (Basic) for the trailing twelve months (TTM) ended in Nov. 2025 was 円52.53.


Maruhachi Warehouse Co  (TSE:9313) 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.


Maruhachi Warehouse Co PE Ratio without NRI Related Terms


Maruhachi Warehouse Co PE Ratio without NRI Historical Data

* Premium members only.

The historical data trend for Maruhachi Warehouse 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.

Maruhachi Warehouse Co PE Ratio without NRI Chart

Maruhachi Warehouse Co Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
PE Ratio without NRI
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.19 9.87 10.44 11.18 19.84

Maruhachi Warehouse Co Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
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 10.44 10.10 11.18 N/A 19.84

TSE:9313 vs CTAS, CPRT, ULS: PE Ratio without NRI Comparison

For the Specialty Business Services subindustry, Maruhachi Warehouse 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.


Maruhachi Warehouse Co PE Ratio without NRI vs Business Services Industry

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

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


TSE:9313
66GF Score
Maruhachi Warehouse Co Ltd TSE:9313
PE Ratio without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
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Maruhachi Warehouse 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.

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

PE Ratio without NRI=Share Price/ EPS without NRI
=1069.00/50.767
=21.06

Maruhachi Warehouse Co's Share Price of today is 円1069.00.
For company reported semi-annually, Maruhachi Warehouse Co's EPS without NRI for the trailing twelve months (TTM) ended in Nov. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円50.77.

* 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 21.06 mean?
Maruhachi Warehouse Co (TSE:9313) has a PE Ratio without NRI of 21.06 as of Jul. 09, 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 Maruhachi Warehouse Co and its competitors. This is 91% above median its historical median of 11.04. Over the past decade, Maruhachi Warehouse Co's PE Ratio without NRI has ranged from 5.84 to 23.52. According to the industry distribution chart, Maruhachi Warehouse Co ranks #540 out of 794 companies in the Business Services industry, placing it in the top 68%.
Is Maruhachi Warehouse Co's PE Ratio without NRI too high?
Maruhachi Warehouse Co's current PE Ratio without NRI of 21.06 is 91% above median its 10-year median of 11.04. Over the past 10 years, this metric has ranged from a low of 5.84 to a high of 23.52. The Business Services industry median PE Ratio without NRI is 15.42. Maruhachi Warehouse Co's value of 21.06 is 36.6% above this industry median. Based on the distribution chart, Maruhachi Warehouse Co ranks #540 out of 794 companies in the Business Services industry, which is below the industry midpoint. Overall, Maruhachi Warehouse Co has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Maruhachi Warehouse Co's PE Ratio without NRI compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Maruhachi Warehouse Co ranks #540 out of 794 companies for PE Ratio without NRI. This places Maruhachi Warehouse Co in the lower half of its industry. The industry median PE Ratio without NRI is 15.42. Maruhachi Warehouse Co's value of 21.06 is 36.6% above this benchmark. Historically, Maruhachi Warehouse Co's own PE Ratio without NRI has ranged from 5.84 to 23.52 over the past decade. While the company's 10-year median is 11.04 vs. the industry median of 15.42, Maruhachi Warehouse Co 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 Business Services company?
The median PE Ratio without NRI among Business Services companies is 15.42, 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. Maruhachi Warehouse Co's current PE Ratio without NRI of 21.06 is 36.6% 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 Maruhachi Warehouse Co and its competitors. For the Business Services industry, the median PE Ratio without NRI is 15.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maruhachi Warehouse Co's current PE Ratio without NRI is 21.06, which is 91% above median its own 10-year median of 11.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maruhachi Warehouse Co stock overvalued right now?
Based on GuruFocus' analysis, Maruhachi Warehouse Co (TSE:9313) is currently considered Significantly Overvalued. The stock's GF Value™ is 円783.96, compared to a current price of 円1,069.00 — trading 36.4% above its estimated fair value. The current PE Ratio without NRI is 21.06, which is 91% above median its 10-year median of 11.04 and 36.6% above the Business Services industry median of 15.42. Maruhachi Warehouse Co's overall GF Score™ is 66/100 with 9 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 Maruhachi Warehouse Co (TSE:9313), the current PE Ratio without NRI is 21.06 as of Jul. 09, 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 Maruhachi Warehouse Co (TSE:9313) Overvalued in 2026?

Based on GuruFocus' analysis, Maruhachi Warehouse Co stock appears to be overvalued. The current stock price of 円1,069.00 is trading 36.4% above its estimated GF Value™ of 円783.96. GuruFocus considers Maruhachi Warehouse Co to be Significantly Overvalued.

Key valuation signals for TSE:9313:

  • PE Ratio without NRI: 21.06 (91% above median its 10-year median of 11.04)
  • GF Value™: 円783.96 vs. price of 円1,069.00 (36.4% above fair value)
  • GF Score™: 66/100 with 9 warning signs
  • Industry Position: 36.6% above the Business Services median (#540 of 794)

No single metric tells the full story. See the TSE:9313 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maruhachi Warehouse Co Business Description

Address 2-1-9 Tomioka, Koto Ward, Tokyo HF Monzennakacho Building, 4th Floor, Tokyo, JPN, 135-0047
Maruhachi Warehouse Co Ltd operates warehouses and distribution centers. It reports its activities as two business segments - Logistics Business and Real Estate Business. The majority of its revenue is derived from the Logistics business segment. Its services include warehousing, warehousing leasing, cargo disposal of goods, freight transportation, real estate, and brokerage.
66GF Score

Get the complete analysis for TSE:9313

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

円1,069.00
Price
円783.96
GF Value