THOGF (Toho Gas Co) Shiller PE Ratio: 22.99 (As of Aug. 13, 2026) — Near Median

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THOGF Toho Gas Co Ltd THOGF
79 GF Score
Price $6.44
GF Value $6.50
! 4 Warning Signs
View Full Analysis

What is Toho Gas Co Shiller PE Ratio?

Toho Gas Co THOGF 79 Shiller PE Ratio is 22.99 as of Aug. 13, 2026, which is 6% above its 10-year median of 21.77. GuruFocus rates THOGF with a GF Score™ of 79/100 and a GF Value™ of $6.50. The stock has 4 warning signs investors should review. Among 396 Utilities - Regulated companies, Toho Gas Co ranks worse than 63.13% on this metric.

As of today (2026-08-13), Toho Gas Co's current share price is $6.4375. Toho Gas Co's E10 for the quarter that ended in Mar. 2026 was $0.28. Toho Gas Co's Shiller PE Ratio for today is 22.99.

The historical rank and industry rank for Toho Gas Co's Shiller PE Ratio or its related term are showing as below:

THOGF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 11.34   Med: 21.77   Max: 42.62
Current: 20.6

During the past years, Toho Gas Co's highest Shiller PE Ratio was 42.62. The lowest was 11.34. And the median was 21.77.

THOGF's Shiller PE Ratio is ranked worse than
63.13% of 396 companies
in the Utilities - Regulated industry
Industry Median: 16.8 vs THOGF: 20.60

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Toho Gas Co's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.127. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.28 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Toho Gas Co  (OTCPK:THOGF) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Toho Gas Co Shiller PE Ratio Related Terms


Toho Gas Co Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Toho Gas Co's Shiller PE Ratio 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.

Toho Gas Co Shiller PE Ratio Chart

Toho Gas Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.51 12.69 16.13 18.16 22.98

Toho Gas Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE Ratio 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 18.03 20.68 20.91 22.98 0.00

THOGF vs ATO, NI: Shiller PE Ratio Comparison

For the Utilities - Regulated Gas subindustry, Toho Gas Co's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio 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.


Toho Gas Co Shiller PE Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Toho Gas Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Toho Gas Co's Shiller PE Ratio falls into.


THOGF
79GF Score
Toho Gas Co Ltd THOGF
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toho Gas Co Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Toho Gas Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=6.4375/0.28
=22.99

* 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.

Toho Gas Co's E10 for the quarter that ended in Mar. 2026 is calculated as:

For example, Toho Gas Co's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.127/112.7000*112.7000
=0.127

Current CPI (Mar. 2026) = 112.7000.

Toho Gas Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201606 0.284 98.100 0.326
201609 0.012 98.000 0.014
201612 -0.013 98.400 -0.015
201703 0.101 98.100 0.116
201706 0.147 98.500 0.168
201709 0.010 98.800 0.011
201712 0.087 99.400 0.099
201803 0.142 99.200 0.161
201806 0.129 99.200 0.147
201809 -0.036 99.900 -0.041
201812 -0.002 99.700 -0.002
201903 0.225 99.700 0.254
201906 0.273 99.800 0.308
201909 0.049 100.100 0.055
201912 0.031 100.500 0.035
202003 0.001 100.300 0.001
202006 0.148 99.900 0.167
202009 0.113 99.900 0.127
202012 0.027 99.300 0.031
202103 -0.095 99.900 -0.107
202106 0.114 99.500 0.129
202109 -0.052 100.100 -0.059
202112 0.020 100.100 0.023
202203 0.231 101.100 0.258
202206 0.183 101.800 0.203
202209 -0.057 103.100 -0.062
202212 0.182 104.100 0.197
202303 0.293 104.400 0.316
202306 0.313 105.200 0.335
202309 0.097 106.200 0.103
202312 0.014 106.800 0.015
202403 0.029 107.200 0.030
202406 0.208 108.200 0.217
202409 0.076 108.900 0.079
202412 0.068 110.700 0.069
202503 0.060 111.100 0.061
202506 0.298 111.700 0.301
202509 0.067 112.000 0.067
202512 0.068 113.000 0.068
202603 0.127 112.700 0.127

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 22.99 mean?
Toho Gas Co (THOGF) has a Shiller PE Ratio of 22.99 as of Aug. 13, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Toho Gas Co and its competitors. This is near median its historical median of 21.77. Over the past decade, Toho Gas Co's Shiller PE Ratio has ranged from 11.34 to 42.62. According to the industry distribution chart, Toho Gas Co ranks #250 out of 396 companies in the Utilities - Regulated industry, placing it in the top 63.1%.
Is Toho Gas Co's Shiller PE Ratio too high?
Toho Gas Co's current Shiller PE Ratio of 22.99 is near median its 10-year median of 21.77. Over the past 10 years, this metric has ranged from a low of 11.34 to a high of 42.62. The Utilities - Regulated industry median Shiller PE Ratio is 16.80. Toho Gas Co's value of 22.99 is 36.8% above this industry median. Based on the distribution chart, Toho Gas Co ranks #250 out of 396 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Toho Gas Co has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Toho Gas Co's Shiller PE Ratio compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Toho Gas Co ranks #250 out of 396 companies for Shiller PE Ratio. This places Toho Gas Co in the lower half of its industry. The industry median Shiller PE Ratio is 16.80. Toho Gas Co's value of 22.99 is 36.8% above this benchmark. Historically, Toho Gas Co's own Shiller PE Ratio has ranged from 11.34 to 42.62 over the past decade. While the company's 10-year median is 21.77 vs. the industry median of 16.80, Toho Gas Co has consistently been above 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 Shiller PE Ratio for an Utilities - Regulated company?
The median Shiller PE Ratio among Utilities - Regulated companies is 16.80, based on 396 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Toho Gas Co's current Shiller PE Ratio of 22.99 is 36.8% above 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Toho Gas Co and its competitors. For the Utilities - Regulated industry, the median Shiller PE Ratio is 16.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toho Gas Co's current Shiller PE Ratio is 22.99, which is near median its own 10-year median of 21.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toho Gas Co stock overvalued right now?
Toho Gas Co (THOGF) has a current Shiller PE Ratio of 22.99. The stock's GF Value™ is $6.50, compared to a current price of $6.44 — trading 1% below its estimated fair value. The current Shiller PE Ratio is 22.99, which is near median its 10-year median of 21.77 and 36.8% above the Utilities - Regulated industry median of 16.80. Toho Gas Co's overall GF Score™ is 79/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Toho Gas Co (THOGF), the current Shiller PE Ratio is 22.99 as of Aug. 13, 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 Toho Gas Co (THOGF) Overvalued in 2026?

Based on GuruFocus' analysis, Toho Gas Co stock appears to be undervalued. The current stock price of $6.44 is trading 1% below its estimated GF Value™ of $6.50.

Key valuation signals for THOGF:

  • Shiller PE Ratio: 22.99 (near median its 10-year median of 21.77)
  • GF Value™: $6.50 vs. price of $6.44 (1% below fair value)
  • GF Score™: 79/100 with 4 warning signs
  • Industry Position: 36.8% above the Utilities - Regulated median (#250 of 396)

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


Toho Gas Co Business Description

Other Exchanges 9533:Japan59W:Germany
Address 19-18 Sakuradacho, Atsuta-ku, Aichi Prefecture, Nagoya, JPN, 456-8511
Toho Gas Co Ltd is a Japan-based company engaged in the supply of energy and related services, including electricity, gas, and liquefied petroleum gas (LPG). The company operates in three business segments. The Electricity segment engages in the sale of electricity. The Gas segment handles the manufacture and sale of gas, gas appliances, consignment supply, and plumbing work. The LPG and Other Energies segment covers the sale of LPG, related equipment, natural gas, heat supply, and coke. The Others segment includes contract processing, real estate management, and other ancillary businesses. It generates the majority of its revenue from the Gas segment.
79GF Score

Get the complete analysis for THOGF

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

$6.44
Price
$6.50
GF Value