Toyo Tec Co (TSE:9686) PE Ratio without NRI: 9.11 (As of Jul. 14, 2026) — 55% Below Median

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TSE:9686 Toyo Tec Co Ltd TSE:9686
88 GF Score
Price 円1,640.00
GF Value 円1,721.53
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Toyo Tec Co PE Ratio without NRI?

Toyo Tec Co TSE:9686 88 PE Ratio without NRI is 9.11 as of Jul. 14, 2026, which is 55% below its 10-year median of 20.13. GuruFocus rates TSE:9686 with a GF Score™ of 88/100 and a GF Value™ of 円1,721.53 (Fairly Valued). The stock has 2 warning signs investors should review. Among 793 Business Services companies, Toyo Tec Co ranks better than 80.83% 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 (2026-07-14), Toyo Tec Co's share price is 円1640.00. Toyo Tec Co's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was 円180.01. Therefore, Toyo Tec Co's PE Ratio without NRI for today is 9.11.

During the past 13 years, Toyo Tec Co's highest PE Ratio without NRI was 36.31. The lowest was 8.54. And the median was 20.13.

Toyo Tec Co's EPS without NRI for the six months ended in Mar. 2026 was 円43.52. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was 円180.01.

As of today (2026-07-14), Toyo Tec Co's share price is 円1640.00. Toyo Tec Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was 円188.82. Therefore, Toyo Tec Co's PE Ratio (TTM) for today is 8.69.

Good Sign:

Toyo Tec Co Ltd stock PE Ratio (=8.61) is close to 10-year low of 8.16.

During the past years, Toyo Tec Co's highest PE Ratio (TTM) was 39.49. The lowest was 8.16. And the median was 19.95.

Toyo Tec Co's EPS (Diluted) for the six months ended in Mar. 2026 was 円44.88. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was 円188.82.

Toyo Tec Co's EPS (Basic) for the six months ended in Mar. 2026 was 円45.04. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was 円188.98.


Toyo Tec Co  (TSE:9686) 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.


Toyo Tec Co PE Ratio without NRI Related Terms


Toyo Tec Co PE Ratio without NRI Historical Data

* Premium members only.

The historical data trend for Toyo Tec 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.

Toyo Tec Co PE Ratio without NRI Chart

Toyo Tec Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PE Ratio without NRI
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.73 15.12 20.96 26.67 8.89

Toyo Tec Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.96 31.72 26.67 At Loss 8.89

TSE:9686 vs ALLE, MSA, ADT: PE Ratio without NRI Comparison

For the Security & Protection Services subindustry, Toyo Tec 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.


Toyo Tec Co PE Ratio without NRI vs Business Services Industry

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

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


TSE:9686
88GF Score
Toyo Tec Co Ltd TSE:9686
PE Ratio without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toyo Tec 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.

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

PE Ratio without NRI=Share Price/ EPS without NRI
=1640.00/180.008
=9.11

Toyo Tec Co's Share Price of today is 円1640.00.
For company reported semi-annually, Toyo Tec 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180.01.

* 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 9.11 mean?
Toyo Tec Co (TSE:9686) has a PE Ratio without NRI of 9.11 as of Jul. 14, 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 Toyo Tec Co and its competitors. This is 55% below median its historical median of 20.13. Over the past decade, Toyo Tec Co's PE Ratio without NRI has ranged from 8.54 to 36.31. According to the industry distribution chart, Toyo Tec Co ranks #152 out of 793 companies in the Business Services industry, placing it in the top 19.2%.
Is Toyo Tec Co's PE Ratio without NRI too high?
Toyo Tec Co's current PE Ratio without NRI of 9.11 is 55% below median its 10-year median of 20.13. Over the past 10 years, this metric has ranged from a low of 8.54 to a high of 36.31. The Business Services industry median PE Ratio without NRI is 15.39. Toyo Tec Co's value of 9.11 is 40.8% below this industry median. Based on the distribution chart, Toyo Tec Co ranks #152 out of 793 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Toyo Tec Co has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Toyo Tec Co's PE Ratio without NRI compare to ALLE and MSA?
According to the Business Services industry distribution chart, Toyo Tec Co ranks #152 out of 793 companies for PE Ratio without NRI. This places Toyo Tec Co in the top 19% of its industry — outperforming the majority of peers. The industry median PE Ratio without NRI is 15.39. Toyo Tec Co's value of 9.11 is 40.8% below this benchmark. Historically, Toyo Tec Co's own PE Ratio without NRI has ranged from 8.54 to 36.31 over the past decade. While the company's 10-year median is 20.13 vs. the industry median of 15.39, Toyo Tec 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 15.39, based on 793 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. Toyo Tec Co's current PE Ratio without NRI of 9.11 is 40.8% 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 Toyo Tec Co and its competitors. For the Business Services industry, the median PE Ratio without NRI is 15.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toyo Tec Co's current PE Ratio without NRI is 9.11, which is 55% below median its own 10-year median of 20.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toyo Tec Co stock overvalued right now?
Based on GuruFocus' analysis, Toyo Tec Co (TSE:9686) is currently considered Fairly Valued. The stock's GF Value™ is 円1,721.53, compared to a current price of 円1,640.00 — trading 4.7% below its estimated fair value. The current PE Ratio without NRI is 9.11, which is 55% below median its 10-year median of 20.13 and 40.8% below the Business Services industry median of 15.39. Toyo Tec Co's overall GF Score™ is 88/100 with 2 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 Toyo Tec Co (TSE:9686), the current PE Ratio without NRI is 9.11 as of Jul. 14, 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 Toyo Tec Co (TSE:9686) Overvalued in 2026?

Based on GuruFocus' analysis, Toyo Tec Co stock appears to be undervalued. The current stock price of 円1,640.00 is trading 4.7% below its estimated GF Value™ of 円1,721.53. GuruFocus considers Toyo Tec Co to be Fairly Valued.

Key valuation signals for TSE:9686:

  • PE Ratio without NRI: 9.11 (55% below median its 10-year median of 20.13)
  • GF Value™: 円1,721.53 vs. price of 円1,640.00 (4.7% below fair value)
  • GF Score™: 88/100 with 2 warning signs
  • Industry Position: 40.8% below the Business Services median (#152 of 793)

No single metric tells the full story. See the TSE:9686 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Toyo Tec Co Business Description

Address 1-7-18 Sakuragawa, Osaka, JPN
Toyo Tec Co Ltd is engaged in security and protection services. The product line includes, Online security TEC alert system, Image monitoring service, TEC-G premier, Surveillance camera system, Entering and leaving management system, Facility security services, Transport security service, ATM management work, Crowd guard, and Face authentication system.
88GF Score

Get the complete analysis for TSE:9686

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

円1,640.00
Price
円1,721.53
GF Value