Needs Well (TSE:3992) PE Ratio (TTM): 20.90 (As of Jul. 19, 2026) — 20% Above Median

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TSE:3992 Needs Well Inc TSE:3992
91 GF Score
Price 円443.00
GF Value 円500.17
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Needs Well PE Ratio (TTM)?

Needs Well TSE:3992 -1.56% 91 PE Ratio (TTM) is 20.90 as of Jul. 19, 2026, which is 20% above its 10-year median of 17.43. GuruFocus rates TSE:3992 with a GF Score™ of 91/100 and a GF Value™ of 円500.17 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,645 Software companies, Needs Well ranks worse than 50.46% on this metric.

The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2026-07-19), Needs Well's share price is 円443.00. Needs Well's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was 円21.20. Therefore, Needs Well's PE Ratio (TTM) for today is 20.90.

Good Sign:

Needs Well Inc stock PE Ratio (=20.9) is close to 1-year low of 18.82.


The historical rank and industry rank for Needs Well's PE Ratio (TTM) or its related term are showing as below:

TSE:3992' s PE Ratio (TTM) Range Over the Past 10 Years
Min: 11.11   Med: 17.43   Max: 183.3
Current: 20.9


During the past 11 years, the highest PE Ratio (TTM) of Needs Well was 183.30. The lowest was 11.11. And the median was 17.43.


TSE:3992's PE Ratio (TTM) is ranked worse than
50.46% of 1645 companies
in the Software industry
Industry Median: 20.97 vs TSE:3992: 20.90

Needs Well's Earnings per Share (Diluted) for the three months ended in Mar. 2026 was 円3.68. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was 円21.20.

As of today (2026-07-19), Needs Well's share price is 円443.00. Needs Well's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was 円18.31. Therefore, Needs Well's PE Ratio without NRI for today is 24.20.

During the past 11 years, Needs Well's highest PE Ratio without NRI was 100.67. The lowest was 11.01. And the median was 17.28.

Needs Well's EPS without NRI for the three months ended in Mar. 2026 was 円3.57. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was 円18.31.

During the past 12 months, Needs Well's average EPS without NRI Growth Rate was 25.80% per year. During the past 3 years, the average EPS without NRI Growth Rate was 18.40% per year. During the past 5 years, the average EPS without NRI Growth Rate was 18.10% per year. During the past 10 years, the average EPS without NRI Growth Rate was 10.90% per year.

During the past 11 years, Needs Well's highest 3-Year average EPS without NRI Growth Rate was 27.30% per year. The lowest was -1.40% per year. And the median was 9.50% per year.

Needs Well's EPS (Basic) for the three months ended in Mar. 2026 was 円3.68. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was 円21.20.


Needs Well  (TSE:3992) PE Ratio (TTM) Explanation

The PE Ratio (TTM) 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 (TTM) 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 (TTM) is positive. Also for stocks with the same PE Ratio (TTM), the one with faster growth business is more attractive.

If a company loses money, the PE Ratio (TTM) 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 (TTM) divided by the growth ratio. He thinks a company with a PE Ratio (TTM) 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 (TTM) of 20, instead of a company growing 10% a year with a PE Ratio (TTM) of 10.

Because the PE Ratio (TTM) measures how long it takes to earn back the price you pay, the PE Ratio (TTM) 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 without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio (TTM) 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 (TTM) 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 (TTM)s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio (TTM) is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .

PE Ratio (TTM) can also be affected by non-recurring-items 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 PE Ratio (TTM).


Needs Well PE Ratio (TTM) Related Terms


Needs Well PE Ratio (TTM) Historical Data

* Premium members only.

The historical data trend for Needs Well's PE Ratio (TTM) 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.

Needs Well PE Ratio (TTM) Chart

Needs Well Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
PE Ratio (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.07 12.34 15.44 14.23 23.27

Needs Well Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26
PE Ratio (TTM) 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 51.40 68.75 23.27 32.08 22.69

TSE:3992 vs MSFT, ORCL, PLTR: PE Ratio (TTM) Comparison

For the Software - Infrastructure subindustry, Needs Well's PE Ratio (TTM), along with its competitors' market caps and PE Ratio (TTM) 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.


Needs Well PE Ratio (TTM) vs Software Industry

For the Software industry and Technology sector, Needs Well's PE Ratio (TTM) distribution charts can be found below:

* The bar in red indicates where Needs Well's PE Ratio (TTM) falls into.


TSE:3992
91GF Score
Needs Well Inc TSE:3992
PE Ratio (TTM) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Needs Well PE Ratio (TTM) Calculation

The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

Needs Well's PE Ratio (TTM) for today is calculated as

PE Ratio (TTM)=Share Price/Earnings per Share (Diluted) (TTM)
=443.00/21.200
=20.90

Needs Well's Share Price of today is 円443.00.
Needs Well's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円21.20.

* 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.

It can also be calculated from the numbers for the whole company:

PE Ratio (TTM)=Market Cap /Net Income

There are at least three kinds of PE Ratio (TTM)s used by different investors. They are Trailing Twelve Month PE Ratio (TTM) or PE Ratio (TTM) (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio (TTM) based on inflation-adjusted normalized PE Ratio (TTM) is called Shiller PE Ratio, after Yale professor Robert Shiller.

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. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

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 (TTM) →
What does a PE Ratio (TTM) of 20.90 mean?
Needs Well (TSE:3992) has a PE Ratio (TTM) of 20.90 as of Jul. 19, 2026. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Needs Well and its competitors. This is 20% above median its historical median of 17.43. Over the past decade, Needs Well's PE Ratio (TTM) has ranged from 11.11 to 183.30. According to the industry distribution chart, Needs Well ranks #830 out of 1645 companies in the Software industry, placing it in the top 50.5%.
Is Needs Well's PE Ratio (TTM) too high?
Needs Well's current PE Ratio (TTM) of 20.90 is 20% above median its 10-year median of 17.43. Over the past 10 years, this metric has ranged from a low of 11.11 to a high of 183.30. The Software industry median PE Ratio (TTM) is 20.97. Needs Well's value of 20.90 is 0.3% below this industry median. Based on the distribution chart, Needs Well ranks #830 out of 1645 companies in the Software industry, which is below the industry midpoint. Overall, Needs Well has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Needs Well's PE Ratio (TTM) compare to MSFT and ORCL?
According to the Software industry distribution chart, Needs Well ranks #830 out of 1645 companies for PE Ratio (TTM). This places Needs Well in the lower half of its industry. The industry median PE Ratio (TTM) is 20.97. Needs Well's value of 20.90 is 0.3% below this benchmark. Historically, Needs Well's own PE Ratio (TTM) has ranged from 11.11 to 183.30 over the past decade. While the company's 10-year median is 17.43 vs. the industry median of 20.97, Needs Well 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 (TTM) for a Software company?
The median PE Ratio (TTM) among Software companies is 20.97, based on 1,645 companies in the industry. Companies in the top quartile (top 25%) have a PE Ratio (TTM) significantly above this median, while those in the bottom quartile fall well below. However, PE Ratio (TTM) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Needs Well's current PE Ratio (TTM) of 20.90 is 0.3% 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 (TTM) mean?
A high PE Ratio (TTM) can signal that a stock is expensive relative to its fundamentals. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Needs Well and its competitors. For the Software industry, the median PE Ratio (TTM) is 20.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Needs Well's current PE Ratio (TTM) is 20.90, which is 20% above median its own 10-year median of 17.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Needs Well stock overvalued right now?
Based on GuruFocus' analysis, Needs Well (TSE:3992) is currently considered Modestly Undervalued. The stock's GF Value™ is 円500.17, compared to a current price of 円443.00 — trading 11.4% below its estimated fair value. The current PE Ratio (TTM) is 20.90, which is 20% above median its 10-year median of 17.43 and 0.3% below the Software industry median of 20.97. Needs Well's overall GF Score™ is 91/100 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 (TTM) calculated?
PE Ratio (TTM) is calculated from a company's financial statements. For Needs Well (TSE:3992), the current PE Ratio (TTM) is 20.90 as of Jul. 19, 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 Needs Well (TSE:3992) Overvalued in 2026?

Based on GuruFocus' analysis, Needs Well stock appears to be undervalued. The current stock price of 円443.00 is trading 11.4% below its estimated GF Value™ of 円500.17. GuruFocus considers Needs Well to be Modestly Undervalued.

Key valuation signals for TSE:3992:

  • PE Ratio (TTM): 20.90 (20% above median its 10-year median of 17.43)
  • GF Value™: 円500.17 vs. price of 円443.00 (11.4% below fair value)
  • GF Score™: 91/100 with 2 warning signs
  • Industry Position: 0.3% below the Software median (#830 of 1645)

No single metric tells the full story. See the TSE:3992 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Needs Well Business Description

Address 13-15 South Tower, Tomihisa-cho Shinjuku-ku, Tokyo, JPN, 162-0067
Needs Well Inc provides application development, cloud solutions, IT related products and services, system infrastructure service and IT outsourcing services. Its services support to the development of BtoC / BtoB systems, digital marketing related system, business system, and CMS using web technology.
91GF Score

Get the complete analysis for TSE:3992

PE Ratio (TTM) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円443.00
Price
円500.17
GF Value