The Kyoto Hotel (TSE:9723) PE Ratio (TTM): 8.93 (As of Jul. 15, 2026) — 62% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:9723 The Kyoto Hotel Ltd TSE:9723
71 GF Score
Price 円632.00
GF Value 円748.30
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is The Kyoto Hotel PE Ratio (TTM)?

The Kyoto Hotel TSE:9723 71 PE Ratio (TTM) is 8.93 as of Jul. 15, 2026, which is 62% below its 10-year median of 23.40. GuruFocus rates TSE:9723 with a GF Score™ of 71/100 and a GF Value™ of 円748.30 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 561 Travel & Leisure companies, The Kyoto Hotel ranks better than 82.35% 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 (2026-07-15), The Kyoto Hotel's share price is 円632.00. The Kyoto Hotel's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was 円70.79. Therefore, The Kyoto Hotel's PE Ratio (TTM) for today is 8.93.

Good Sign:

The Kyoto Hotel Ltd stock PE Ratio (=8.74) is close to 10-year low of 8.56.


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

TSE:9723' s PE Ratio (TTM) Range Over the Past 10 Years
Min: 8.56   Med: 23.4   Max: 155.43
Current: 8.92


During the past 13 years, the highest PE Ratio (TTM) of The Kyoto Hotel was 155.43. The lowest was 8.56. And the median was 23.40.


TSE:9723's PE Ratio (TTM) is ranked better than
82.35% of 561 companies
in the Travel & Leisure industry
Industry Median: 17.88 vs TSE:9723: 8.92

The Kyoto Hotel's Earnings per Share (Diluted) for the six months ended in Mar. 2026 was 円54.42. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was 円70.79.

As of today (2026-07-15), The Kyoto Hotel's share price is 円632.00. The Kyoto Hotel's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was 円71.21. Therefore, The Kyoto Hotel's PE Ratio without NRI for today is 8.88.

During the past 13 years, The Kyoto Hotel's highest PE Ratio without NRI was 143.01. The lowest was 8.53. And the median was 22.21.

The Kyoto Hotel's EPS without NRI for the six months ended in Mar. 2026 was 円54.80. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was 円71.21.

During the past 12 months, The Kyoto Hotel's average EPS without NRI Growth Rate was 13.50% per year. During the past 3 years, the average EPS without NRI Growth Rate was 135.10% per year.

During the past 13 years, The Kyoto Hotel's highest 3-Year average EPS without NRI Growth Rate was 327.60% per year. The lowest was -66.30% per year. And the median was -9.00% per year.

The Kyoto Hotel's EPS (Basic) for the six months ended in Mar. 2026 was 円54.42. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was 円70.79.


The Kyoto Hotel  (TSE:9723) 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).


The Kyoto Hotel PE Ratio (TTM) Related Terms


The Kyoto Hotel PE Ratio (TTM) Historical Data

* Premium members only.

The historical data trend for The Kyoto Hotel'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.

The Kyoto Hotel PE Ratio (TTM) Chart

The Kyoto Hotel Annual Data
Trend Dec17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PE Ratio (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only At Loss 137.98 10.26 11.09 9.07

The Kyoto Hotel Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 10.26 12.08 11.09 At Loss 9.07

TSE:9723 vs MAR, HLT, H: PE Ratio (TTM) Comparison

For the Lodging subindustry, The Kyoto Hotel'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.


The Kyoto Hotel PE Ratio (TTM) vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, The Kyoto Hotel's PE Ratio (TTM) distribution charts can be found below:

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


TSE:9723
71GF Score
The Kyoto Hotel Ltd TSE:9723
PE Ratio (TTM) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Kyoto Hotel 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.

The Kyoto Hotel's PE Ratio (TTM) for today is calculated as

PE Ratio (TTM)=Share Price/Earnings per Share (Diluted) (TTM)
=632.00/70.791
=8.93

The Kyoto Hotel's Share Price of today is 円632.00.
For company reported semi-annually, The Kyoto Hotel's Earnings per Share (Diluted) 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70.79.

* 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 8.93 mean?
The Kyoto Hotel (TSE:9723) has a PE Ratio (TTM) of 8.93 as of Jul. 15, 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 The Kyoto Hotel and its competitors. This is 62% below median its historical median of 23.40. Over the past decade, The Kyoto Hotel's PE Ratio (TTM) has ranged from 8.56 to 155.43. According to the industry distribution chart, The Kyoto Hotel ranks #99 out of 561 companies in the Travel & Leisure industry, placing it in the top 17.6%.
Is The Kyoto Hotel's PE Ratio (TTM) too high?
The Kyoto Hotel's current PE Ratio (TTM) of 8.93 is 62% below median its 10-year median of 23.40. Over the past 10 years, this metric has ranged from a low of 8.56 to a high of 155.43. The Travel & Leisure industry median PE Ratio (TTM) is 17.88. The Kyoto Hotel's value of 8.93 is 50.1% below this industry median. Based on the distribution chart, The Kyoto Hotel ranks #99 out of 561 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, The Kyoto Hotel has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does The Kyoto Hotel's PE Ratio (TTM) compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, The Kyoto Hotel ranks #99 out of 561 companies for PE Ratio (TTM). This places The Kyoto Hotel in the top 18% of its industry — outperforming the majority of peers. The industry median PE Ratio (TTM) is 17.88. The Kyoto Hotel's value of 8.93 is 50.1% below this benchmark. Historically, The Kyoto Hotel's own PE Ratio (TTM) has ranged from 8.56 to 155.43 over the past decade. While the company's 10-year median is 23.40 vs. the industry median of 17.88, The Kyoto Hotel 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 Travel & Leisure company?
The median PE Ratio (TTM) among Travel & Leisure companies is 17.88, based on 561 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. The Kyoto Hotel's current PE Ratio (TTM) of 8.93 is 50.1% 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 The Kyoto Hotel and its competitors. For the Travel & Leisure industry, the median PE Ratio (TTM) is 17.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Kyoto Hotel's current PE Ratio (TTM) is 8.93, which is 62% below median its own 10-year median of 23.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Kyoto Hotel stock overvalued right now?
Based on GuruFocus' analysis, The Kyoto Hotel (TSE:9723) is currently considered Modestly Undervalued. The stock's GF Value™ is 円748.30, compared to a current price of 円632.00 — trading 15.5% below its estimated fair value. The current PE Ratio (TTM) is 8.93, which is 62% below median its 10-year median of 23.40 and 50.1% below the Travel & Leisure industry median of 17.88. The Kyoto Hotel's overall GF Score™ is 71/100 with 4 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 The Kyoto Hotel (TSE:9723), the current PE Ratio (TTM) is 8.93 as of Jul. 15, 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 The Kyoto Hotel (TSE:9723) Overvalued in 2026?

Based on GuruFocus' analysis, The Kyoto Hotel stock appears to be undervalued. The current stock price of 円632.00 is trading 15.5% below its estimated GF Value™ of 円748.30. GuruFocus considers The Kyoto Hotel to be Modestly Undervalued.

Key valuation signals for TSE:9723:

  • PE Ratio (TTM): 8.93 (62% below median its 10-year median of 23.40)
  • GF Value™: 円748.30 vs. price of 円632.00 (15.5% below fair value)
  • GF Score™: 71/100 with 4 warning signs
  • Industry Position: 50.1% below the Travel & Leisure median (#99 of 561)

No single metric tells the full story. See the TSE:9723 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The Kyoto Hotel Business Description

Address 537-4, Ichinofunairi-cho, Nijo minami-iru, Kawaramachi-dori, Nakagyo-ku, Kyoto, JPN, 604-8558
The Kyoto Hotel Ltd operates hotels & banquet halls in Japan. The Company manages restaurants & bars under the names of Kyoto Hotel Okura and Karasuma Kyoto Hotel. It operates in four divisions: accommodation, banquet, restaurant & others division. It also has the online shop.
71GF Score

Get the complete analysis for TSE:9723

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

円632.00
Price
円748.30
GF Value