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Forval RealStraightTSE:9423 71 PE Ratio without NRI is 24.84 as of Jul. 15, 2026, which is 25% below its 10-year median of 33.16. GuruFocus rates TSE:9423 with a GF Score™ of 71/100 and a GF Value™ of 円156.23 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,192 Real Estate companies, Forval RealStraight ranks worse than 73.24% 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), Forval RealStraight's share price is 円104.00.
Forval RealStraight's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was 円4.19. Therefore, Forval RealStraight's PE Ratio without NRI for today is 24.84.
During the past 13 years, Forval RealStraight's highest PE Ratio without NRI was 80.78. The lowest was 7.06. And the median was 33.16.
Forval RealStraight's EPS (Basic) for the
six
months ended in Mar. 2026 was 円5.73.
Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was 円6.98.
Forval RealStraight (TSE:9423) 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.
Forval RealStraight PE Ratio without NRI Related Terms
Forval RealStraight PE Ratio without NRI Historical Data
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The historical data trend for Forval RealStraight'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:9423 vs CBRE, BEKE, JLL: PE Ratio without NRI Comparison
For the Real Estate Services subindustry, Forval RealStraight'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.
Forval RealStraight PE Ratio without NRI vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Forval RealStraight's PE Ratio without NRI distribution charts can be found below:
* The bar in red indicates where Forval RealStraight's PE Ratio without NRI falls into.
Forval RealStraight 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.
Forval RealStraight's Share Price of today is 円104.00.
For company reported semi-annually, Forval RealStraight'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4.19.
* 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.
Forval RealStraight (TSE:9423) has a PE Ratio without NRI of 24.84 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 Forval RealStraight and its competitors. This is 25% below median its historical median of 33.16. Over the past decade, Forval RealStraight's PE Ratio without NRI has ranged from 7.06 to 80.78. According to the industry distribution chart, Forval RealStraight ranks #873 out of 1192 companies in the Real Estate industry, placing it in the top 73.2%.
Is Forval RealStraight's PE Ratio without NRI too high?
Forval RealStraight's current PE Ratio without NRI of 24.84 is 25% below median its 10-year median of 33.16. Over the past 10 years, this metric has ranged from a low of 7.06 to a high of 80.78. The Real Estate industry median PE Ratio without NRI is 12.93. Forval RealStraight's value of 24.84 is 92.2% above this industry median. Based on the distribution chart, Forval RealStraight ranks #873 out of 1192 companies in the Real Estate industry, which is below the industry midpoint. Overall, Forval RealStraight has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Forval RealStraight's PE Ratio without NRI compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Forval RealStraight ranks #873 out of 1192 companies for PE Ratio without NRI. This places Forval RealStraight in the lower half of its industry. The industry median PE Ratio without NRI is 12.93. Forval RealStraight's value of 24.84 is 92.2% above this benchmark. Historically, Forval RealStraight's own PE Ratio without NRI has ranged from 7.06 to 80.78 over the past decade. While the company's 10-year median is 33.16 vs. the industry median of 12.93, Forval RealStraight 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 Real Estate company?
The median PE Ratio without NRI among Real Estate companies is 12.93, based on 1,192 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. Forval RealStraight's current PE Ratio without NRI of 24.84 is 92.2% 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 Forval RealStraight and its competitors. For the Real Estate industry, the median PE Ratio without NRI is 12.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forval RealStraight's current PE Ratio without NRI is 24.84, which is 25% below median its own 10-year median of 33.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forval RealStraight stock overvalued right now?
Based on GuruFocus' analysis, Forval RealStraight (TSE:9423) is currently considered Significantly Undervalued. The stock's GF Value™ is 円156.23, compared to a current price of 円104.00 — trading 33.4% below its estimated fair value. The current PE Ratio without NRI is 24.84, which is 25% below median its 10-year median of 33.16 and 92.2% above the Real Estate industry median of 12.93. Forval RealStraight's overall GF Score™ is 71/100 with 3 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 Forval RealStraight (TSE:9423), the current PE Ratio without NRI is 24.84 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 Forval RealStraight (TSE:9423) Overvalued in 2026?
Based on GuruFocus' analysis, Forval RealStraight stock appears to be undervalued.
The current stock price of 円104.00 is trading 33.4% below its estimated GF Value™ of 円156.23.
GuruFocus considers Forval RealStraight to be Significantly Undervalued.
Key valuation signals for TSE:9423:
PE Ratio without NRI: 24.84 (25% below median its 10-year median of 33.16)
GF Value™: 円156.23 vs. price of 円104.00 (33.4% below fair value)
Industry Position: 92.2% above the Real Estate median (#873 of 1192)
No single metric tells the full story. See the TSE:9423 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Forval RealStraight Inc is a real estate service provider. The business of the company includes real estate brokerage, office relocation support services, and sales of OA communication equipment.
71GF Score
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PE Ratio without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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