DMS (TSE:9782) PE Ratio without NRI: 17.37 (As of Jul. 03, 2026) — 118% Above Median


TSE:9782 DMS Inc TSE:9782
71 GF Score
Price 円3,450.00
GF Value 円2,198.77
Valuation Significantly Overvalued
! 3 Warning Signs
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What is DMS PE Ratio without NRI?

DMS TSE:9782 +1.47% 71 PE Ratio without NRI is 17.37 as of Jul. 03, 2026, which is 118% above its 10-year median of 7.98. GuruFocus rates TSE:9782 with a GF Score™ of 71/100 and a GF Value™ of 円2,198.77 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 571 Media - Diversified companies, DMS ranks better than 51.14% 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 (2026-07-03), DMS's share price is 円3450.00. DMS's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was 円198.62. Therefore, DMS's PE Ratio without NRI for today is 17.37.

During the past 13 years, DMS's highest PE Ratio without NRI was 27.71. The lowest was 5.42. And the median was 7.98.

DMS's EPS without NRI for the six months ended in Mar. 2026 was 円127.28. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was 円198.62.

As of today (2026-07-03), DMS's share price is 円3450.00. DMS's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was 円200.60. Therefore, DMS's PE Ratio (TTM) for today is 17.20.

During the past years, DMS's highest PE Ratio (TTM) was 27.46. The lowest was 5.55. And the median was 8.25.

DMS's EPS (Diluted) for the six months ended in Mar. 2026 was 円128.77. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was 円200.60.

DMS's EPS (Basic) for the six months ended in Mar. 2026 was 円128.77. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was 円200.60.


DMS  (TSE:9782) 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.


DMS PE Ratio without NRI Related Terms


DMS PE Ratio without NRI Historical Data

* Premium members only.

The historical data trend for DMS'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.

DMS PE Ratio without NRI Chart

DMS 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 5.61 6.12 6.65 19.41 16.74

DMS 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 6.65 8.70 19.41 At Loss 16.74

TSE:9782 vs APP, OMC, TTD: PE Ratio without NRI Comparison

For the Advertising Agencies subindustry, DMS'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.


DMS PE Ratio without NRI vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, DMS's PE Ratio without NRI distribution charts can be found below:

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


TSE:9782
71GF Score
DMS Inc TSE:9782
PE Ratio without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
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DMS 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.

DMS's PE Ratio without NRI for today is calculated as

PE Ratio without NRI=Share Price/ EPS without NRI
=3450.00/198.617
=17.37

DMS's Share Price of today is 円3450.00.
For company reported semi-annually, DMS'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198.62.

* 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 17.37 mean?
DMS (TSE:9782) has a PE Ratio without NRI of 17.37 as of Jul. 03, 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 DMS and its competitors. This is 118% above median its historical median of 7.98. Over the past decade, DMS's PE Ratio without NRI has ranged from 5.42 to 27.71. According to the industry distribution chart, DMS ranks #279 out of 571 companies in the Media - Diversified industry, placing it in the top 48.9%.
Is DMS's PE Ratio without NRI too high?
DMS's current PE Ratio without NRI of 17.37 is 118% above median its 10-year median of 7.98. Over the past 10 years, this metric has ranged from a low of 5.42 to a high of 27.71. The Media - Diversified industry median PE Ratio without NRI is 17.45. DMS's value of 17.37 is 0.5% below this industry median. Based on the distribution chart, DMS ranks #279 out of 571 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, DMS has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does DMS's PE Ratio without NRI compare to APP and OMC?
According to the Media - Diversified industry distribution chart, DMS ranks #279 out of 571 companies for PE Ratio without NRI. This puts DMS in the upper half of its industry. The industry median PE Ratio without NRI is 17.45. DMS's value of 17.37 is 0.5% below this benchmark. Historically, DMS's own PE Ratio without NRI has ranged from 5.42 to 27.71 over the past decade. While the company's 10-year median is 7.98 vs. the industry median of 17.45, DMS 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 Media - Diversified company?
The median PE Ratio without NRI among Media - Diversified companies is 17.45, based on 571 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. DMS's current PE Ratio without NRI of 17.37 is 0.5% 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 DMS and its competitors. For the Media - Diversified industry, the median PE Ratio without NRI is 17.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DMS's current PE Ratio without NRI is 17.37, which is 118% above median its own 10-year median of 7.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DMS stock overvalued right now?
Based on GuruFocus' analysis, DMS (TSE:9782) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,198.77, compared to a current price of 円3,450.00 — trading 56.9% above its estimated fair value. The current PE Ratio without NRI is 17.37, which is 118% above median its 10-year median of 7.98 and 0.5% below the Media - Diversified industry median of 17.45. DMS'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 DMS (TSE:9782), the current PE Ratio without NRI is 17.37 as of Jul. 03, 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 DMS (TSE:9782) Overvalued in 2026?

Based on GuruFocus' analysis, DMS stock appears to be overvalued. The current stock price of 円3,450.00 is trading 56.9% above its estimated GF Value™ of 円2,198.77. GuruFocus considers DMS to be Significantly Overvalued.

Key valuation signals for TSE:9782:

  • PE Ratio without NRI: 17.37 (118% above median its 10-year median of 7.98)
  • GF Value™: 円2,198.77 vs. price of 円3,450.00 (56.9% above fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 0.5% below the Media - Diversified median (#279 of 571)

No single metric tells the full story. See the TSE:9782 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DMS Business Description

Address 1-11 Kanda-Ogawamachi, Chiyoda Ogawamachi Kurosuta, 10th Floor, Chiyoda-ku, Tokyo, JPN, 101-0052
DMS Inc provides direct mailing and sales promotion services in Japan. The company processes and distributes direct mailing, and logistics support for outsourcing services including sales promotion, sales promotion business, event business, rental business, and other related activities.
71GF Score

Get the complete analysis for TSE:9782

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

円3,450.00
Price
円2,198.77
GF Value