Tokyo Metro Co (TSE:9023) PE Ratio (TTM): 14.04 (As of Jul. 24, 2026) — 15% Below Median

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TSE:9023 Tokyo Metro Co Ltd TSE:9023
9 GF Score
Price 円1,427.00
! 3 Warning Signs
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What is Tokyo Metro Co PE Ratio (TTM)?

Tokyo Metro Co TSE:9023 -1.38% 9 PE Ratio (TTM) is 14.04 as of Jul. 24, 2026, which is 15% below its 10-year median of 16.55. GuruFocus rates TSE:9023 with a GF Score™ of 9/100. The stock has 3 warning signs investors should review. Among 799 Transportation companies, Tokyo Metro Co ranks better than 53.44% 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 (2026-07-24), Tokyo Metro Co's share price is 円1427.00. Tokyo Metro Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was 円101.63. Therefore, Tokyo Metro Co's PE Ratio (TTM) for today is 14.04.

Good Sign:

Tokyo Metro Co Ltd stock PE Ratio (=14.48) is close to 2-year low of 13.26.


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

TSE:9023' s PE Ratio (TTM) Range Over the Past 10 Years
Min: 13.26   Med: 16.55   Max: 32.87
Current: 14.03


During the past 4 years, the highest PE Ratio (TTM) of Tokyo Metro Co was 32.87. The lowest was 13.26. And the median was 16.55.


TSE:9023's PE Ratio (TTM) is ranked better than
53.44% of 799 companies
in the Transportation industry
Industry Median: 15.06 vs TSE:9023: 14.03

Tokyo Metro Co's Earnings per Share (Diluted) for the three months ended in Mar. 2026 was 円13.17. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was 円101.63.

As of today (2026-07-24), Tokyo Metro Co's share price is 円1427.00. Tokyo Metro Co's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was 円93.68. Therefore, Tokyo Metro Co's PE Ratio without NRI for today is 15.23.

During the past 4 years, Tokyo Metro Co's highest PE Ratio without NRI was 32.85. The lowest was 14.39. And the median was 17.77.

Tokyo Metro Co's EPS without NRI for the three months ended in Mar. 2026 was 円13.08. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was 円93.68.

During the past 12 months, Tokyo Metro Co's average EPS without NRI Growth Rate was -1.80% per year. During the past 3 years, the average EPS without NRI Growth Rate was 26.10% per year.

During the past 4 years, Tokyo Metro Co's highest 3-Year average EPS without NRI Growth Rate was 26.10% per year. The lowest was 26.10% per year. And the median was 26.10% per year.

Tokyo Metro Co's EPS (Basic) for the three months ended in Mar. 2026 was 円13.17. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was 円101.63.


Tokyo Metro Co  (TSE:9023) 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).


Tokyo Metro Co PE Ratio (TTM) Related Terms


Tokyo Metro Co PE Ratio (TTM) Historical Data

* Premium members only.

The historical data trend for Tokyo Metro 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.

Tokyo Metro Co PE Ratio (TTM) Chart

Tokyo Metro Co Annual Data
Trend Mar23 Mar24 Mar25 Mar26
PE Ratio (TTM)
N/A N/A 19.63 15.93

Tokyo Metro Co Quarterly Data
Mar23 Jun23 Sep23 Mar24 Jun24 Sep24 Dec24 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 19.63 16.80 16.98 14.66 15.93

TSE:9023 vs UNP, CSX, NSC: PE Ratio (TTM) Comparison

For the Railroads subindustry, Tokyo Metro 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.


Tokyo Metro Co PE Ratio (TTM) vs Transportation Industry

For the Transportation industry and Industrials sector, Tokyo Metro Co's PE Ratio (TTM) distribution charts can be found below:

* The bar in red indicates where Tokyo Metro Co's PE Ratio (TTM) falls into.


TSE:9023
9GF Score
Tokyo Metro Co Ltd TSE:9023
PE Ratio (TTM) is just one metric. See GF Score™, valuation, warning signs, and more.
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Tokyo Metro Co 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.

Tokyo Metro Co's PE Ratio (TTM) for today is calculated as

PE Ratio (TTM)=Share Price/Earnings per Share (Diluted) (TTM)
=1427.00/101.630
=14.04

Tokyo Metro Co's Share Price of today is 円1427.00.
Tokyo Metro 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101.63.

* 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 14.04 mean?
Tokyo Metro Co (TSE:9023) has a PE Ratio (TTM) of 14.04 as of Jul. 24, 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 Tokyo Metro Co and its competitors. This is 15% below median its historical median of 16.55. Over the past decade, Tokyo Metro Co's PE Ratio (TTM) has ranged from 13.26 to 32.87. According to the industry distribution chart, Tokyo Metro Co ranks #372 out of 799 companies in the Transportation industry, placing it in the top 46.6%.
Is Tokyo Metro Co's PE Ratio (TTM) too high?
Tokyo Metro Co's current PE Ratio (TTM) of 14.04 is 15% below median its 10-year median of 16.55. Over the past 10 years, this metric has ranged from a low of 13.26 to a high of 32.87. The Transportation industry median PE Ratio (TTM) is 15.06. Tokyo Metro Co's value of 14.04 is 6.8% below this industry median. Based on the distribution chart, Tokyo Metro Co ranks #372 out of 799 companies in the Transportation industry, which is above the industry midpoint. Overall, Tokyo Metro Co has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Tokyo Metro Co's PE Ratio (TTM) compare to UNP and CSX?
According to the Transportation industry distribution chart, Tokyo Metro Co ranks #372 out of 799 companies for PE Ratio (TTM). This puts Tokyo Metro Co in the upper half of its industry. The industry median PE Ratio (TTM) is 15.06. Tokyo Metro Co's value of 14.04 is 6.8% below this benchmark. Historically, Tokyo Metro Co's own PE Ratio (TTM) has ranged from 13.26 to 32.87 over the past decade. While the company's 10-year median is 16.55 vs. the industry median of 15.06, Tokyo Metro 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 Transportation company?
The median PE Ratio (TTM) among Transportation companies is 15.06, based on 799 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. Tokyo Metro Co's current PE Ratio (TTM) of 14.04 is 6.8% 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 (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 Tokyo Metro Co and its competitors. For the Transportation industry, the median PE Ratio (TTM) is 15.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyo Metro Co's current PE Ratio (TTM) is 14.04, which is 15% below median its own 10-year median of 16.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Metro Co stock overvalued right now?
Tokyo Metro Co (TSE:9023) has a current PE Ratio (TTM) of 14.04. The current PE Ratio (TTM) is 14.04, which is 15% below median its 10-year median of 16.55 and 6.8% below the Transportation industry median of 15.06. Tokyo Metro Co's overall GF Score™ is 9/100 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 (TTM) calculated?
PE Ratio (TTM) is calculated from a company's financial statements. For Tokyo Metro Co (TSE:9023), the current PE Ratio (TTM) is 14.04 as of Jul. 24, 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.

Tokyo Metro Co Business Description

Other Exchanges TKMTY:USAXO7:Germany
Address 19-6 Higashiueno 3-chome, Taito-ku, Tokyo, JPN, 110-8614
Tokyo Metro Co Ltd is engaged in the transportation, real estate, distribution, and advertising businesses. The Transportation segment operates and manages a subway network of nine lines mainly in the Tokyo metropolitan area. The Real Estate segment develops and rents office buildings and hotels, such as Shibuya Mark City, along railway lines. The Distribution and Advertising segment operates commercial facilities like Echika at subway stations and handles advertising within stations and trains, as well as information and communication services. It generates the majority of its revenue from the Transportation segment.
9GF Score

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

円1,427.00
Price