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RION CoTSE:6823 -1.57%88 PE Ratio (TTM) is 14.82 as of Jul. 20, 2026, which is 9% above its 10-year median of 13.61. GuruFocus rates TSE:6823 with a GF Score™ of 88/100 and a GF Value™ of 円2,679.44 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 434 Medical Devices & Instruments companies, RION Co ranks better than 78.8% 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 (2026-07-20), RION Co's share price is
円3440.00.
RION Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was 円232.19. Therefore, RION Co's PE Ratio (TTM) for today is 14.82.
The historical rank and industry rank for RION Co's PE Ratio (TTM) or its related term are showing as below:
TSE:6823'
s PE Ratio (TTM) Range Over the Past 10 Years
Min: 8.01 Med: 13.61 Max: 27.6
Current: 14.82
During the past 13 years, the highest PE Ratio (TTM) of RION Co was 27.60. The lowest was 8.01. And the median was 13.61.
TSE:6823's PE Ratio (TTM) is ranked better than 78.8% of 434
companies
in the Medical Devices & Instruments industry
Industry Median: 25.63
vs TSE:6823: 14.82
As of today (2026-07-20), RION Co's share price is 円3440.00.
RION Co's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was 円236.56. Therefore, RION Co's PE Ratio without NRI for today is 14.54.
During the past 13 years, RION Co's highestPE Ratio without NRI was 29.57. The lowest was 4.14. And the median was 13.03.
RION Co's EPS without NRI for the
three
months ended in Mar. 2026 was 円51.62.
Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was 円236.56.
During the past 12 months, RION Co's average EPS without NRIGrowth Rate was -16.40% per year.
During the past 3 years, the average EPS without NRIGrowth Rate was 9.80% per year.
During the past 5 years, the average EPS without NRIGrowth Rate was 14.10% per year.
During the past 10 years, the average EPS without NRIGrowth Rate was 3.90% per year.
During the past 13 years, RION Co's highest 3-Year average EPS without NRI Growth Rate was 19.60% per year. The lowest was -25.10% per year. And the median was 6.05% per year.
RION Co's EPS (Basic) for the
three
months ended in Mar. 2026 was 円49.77.
Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was 円232.19.
RION Co (TSE:6823) 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.
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).
RION Co PE Ratio (TTM) Related Terms
RION Co PE Ratio (TTM) Historical Data
* Premium members only.
The historical data trend for RION Co'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.
TSE:6823 vs ABT, SYK, MDT: PE Ratio (TTM) Comparison
For the Medical Devices subindustry, RION Co'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.
RION Co PE Ratio (TTM) vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, RION Co's PE Ratio (TTM) distribution charts can be found below:
* The bar in red indicates where RION Co's PE Ratio (TTM) falls into.
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.
RION Co's PE Ratio (TTM) for today is calculated as
RION Co's Share Price of today is 円3440.00.
RION Co'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232.19.
* 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.
It can also be calculated from the numbers for the whole company:
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.
RION Co (TSE:6823) has a PE Ratio (TTM) of 14.82 as of Jul. 20, 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 RION Co and its competitors. This is near median its historical median of 13.61. Over the past decade, RION Co's PE Ratio (TTM) has ranged from 8.01 to 27.60. According to the industry distribution chart, RION Co ranks #92 out of 434 companies in the Medical Devices & Instruments industry, placing it in the top 21.2%.
Is RION Co's PE Ratio (TTM) too high?
RION Co's current PE Ratio (TTM) of 14.82 is near median its 10-year median of 13.61. Over the past 10 years, this metric has ranged from a low of 8.01 to a high of 27.60. The Medical Devices & Instruments industry median PE Ratio (TTM) is 25.63. RION Co's value of 14.82 is 42.2% below this industry median. Based on the distribution chart, RION Co ranks #92 out of 434 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, RION Co has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does RION Co's PE Ratio (TTM) compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, RION Co ranks #92 out of 434 companies for PE Ratio (TTM). This places RION Co in the top 21% of its industry — outperforming the majority of peers. The industry median PE Ratio (TTM) is 25.63. RION Co's value of 14.82 is 42.2% below this benchmark. Historically, RION Co's own PE Ratio (TTM) has ranged from 8.01 to 27.60 over the past decade. While the company's 10-year median is 13.61 vs. the industry median of 25.63, RION 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 (TTM) for a Medical Devices & Instruments company?
The median PE Ratio (TTM) among Medical Devices & Instruments companies is 25.63, based on 434 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. RION Co's current PE Ratio (TTM) of 14.82 is 42.2% 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 RION Co and its competitors. For the Medical Devices & Instruments industry, the median PE Ratio (TTM) is 25.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RION Co's current PE Ratio (TTM) is 14.82, which is near median its own 10-year median of 13.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RION Co stock overvalued right now?
Based on GuruFocus' analysis, RION Co (TSE:6823) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,679.44, compared to a current price of 円3,440.00 — trading 28.4% above its estimated fair value. The current PE Ratio (TTM) is 14.82, which is near median its 10-year median of 13.61 and 42.2% below the Medical Devices & Instruments industry median of 25.63. RION Co's overall GF Score™ is 88/100 with 1 warning sign 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 RION Co (TSE:6823), the current PE Ratio (TTM) is 14.82 as of Jul. 20, 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 RION Co (TSE:6823) Overvalued in 2026?
Based on GuruFocus' analysis, RION Co stock appears to be overvalued.
The current stock price of 円3,440.00 is trading 28.4% above its estimated GF Value™ of 円2,679.44.
GuruFocus considers RION Co to be Modestly Overvalued.
Key valuation signals for TSE:6823:
PE Ratio (TTM): 14.82 (near median its 10-year median of 13.61)
GF Value™: 円2,679.44 vs. price of 円3,440.00 (28.4% above fair value)
Industry Position: 42.2% below the Medical Devices & Instruments median (#92 of 434)
No single metric tells the full story. See the TSE:6823 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
RION Co Ltd is engaged in manufacturing and selling of maintenance services of a medical device. The company offers hearing instruments and medical equipment, an environmental device including sound and vibration measuring instruments and particle counters and parts and equipment.
88GF Score
Get the complete analysis for TSE:6823
PE Ratio (TTM) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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