TOKYO PRINTING INK MFG Co (TSE:4635) Shiller PE Ratio: 23.26 (As of Aug. 08, 2026) — 134% Above Median

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TSE:4635 TOKYO PRINTING INK MFG Co Ltd TSE:4635
60 GF Score
Price 円2,048.00
GF Value 円794.73
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is TOKYO PRINTING INK MFG Co Shiller PE Ratio?

TOKYO PRINTING INK MFG Co TSE:4635 +2.71% 60 Shiller PE Ratio is 23.26 as of Aug. 08, 2026, which is 134% above its 10-year median of 9.95. GuruFocus rates TSE:4635 with a GF Score™ of 60/100 and a GF Value™ of 円794.73 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,081 Chemicals companies, TOKYO PRINTING INK MFG Co ranks better than 62.9% on this metric.

As of today (2026-08-08), TOKYO PRINTING INK MFG Co's current share price is 円2048.00. TOKYO PRINTING INK MFG Co's E10 for the quarter that ended in Mar. 2026 was 円88.04. TOKYO PRINTING INK MFG Co's Shiller PE Ratio for today is 23.26.

The historical rank and industry rank for TOKYO PRINTING INK MFG Co's Shiller PE Ratio or its related term are showing as below:

TSE:4635' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.3   Med: 9.95   Max: 26.78
Current: 16.04

During the past years, TOKYO PRINTING INK MFG Co's highest Shiller PE Ratio was 26.78. The lowest was 6.30. And the median was 9.95.

TSE:4635's Shiller PE Ratio is ranked better than
62.9% of 1081 companies
in the Chemicals industry
Industry Median: 21.37 vs TSE:4635: 16.04

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.

TOKYO PRINTING INK MFG Co's adjusted earnings per share data for the three months ended in Mar. 2026 was 円2.032. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円88.04 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


TOKYO PRINTING INK MFG Co  (TSE:4635) 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.


TOKYO PRINTING INK MFG Co Shiller PE Ratio Related Terms


TOKYO PRINTING INK MFG Co Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for TOKYO PRINTING INK MFG 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.

TOKYO PRINTING INK MFG Co Shiller PE Ratio Chart

TOKYO PRINTING INK MFG 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 9.05 8.71 10.42 11.01 15.45

TOKYO PRINTING INK MFG Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26
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 11.01 0.00 0.00 0.00 15.45

TSE:4635 vs LIN, SHW, ECL: Shiller PE Ratio Comparison

For the Specialty Chemicals subindustry, TOKYO PRINTING INK MFG 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.


TOKYO PRINTING INK MFG Co Shiller PE Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, TOKYO PRINTING INK MFG Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where TOKYO PRINTING INK MFG Co's Shiller PE Ratio falls into.


TSE:4635
60GF Score
TOKYO PRINTING INK MFG Co Ltd TSE:4635
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TOKYO PRINTING INK MFG 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.

TOKYO PRINTING INK MFG Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=2048.00/88.04
=23.26

* 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 PRINTING INK MFG Co's E10 for the quarter that ended in Mar. 2026 is calculated as:

For example, TOKYO PRINTING INK MFG 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)
=2.032/112.7000*112.7000
=2.032

Current CPI (Mar. 2026) = 112.7000.

TOKYO PRINTING INK MFG Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201603 -8.952 97.900 -10.305
201606 16.460 98.100 18.910
201609 16.573 98.000 19.059
201612 26.561 98.400 30.421
201703 15.532 98.100 17.844
201706 28.286 98.500 32.364
201709 17.168 98.800 19.583
201712 28.119 99.400 31.881
201803 12.064 99.200 13.706
201806 16.236 99.200 18.446
201809 10.338 99.900 11.663
201812 24.646 99.700 27.860
201903 23.678 99.700 26.765
201906 7.090 99.800 8.006
201909 4.844 100.100 5.454
201912 23.308 100.500 26.137
202003 13.560 100.300 15.236
202006 5.002 99.900 5.643
202009 -12.100 99.900 -13.650
202012 34.387 99.300 39.027
202103 18.453 99.900 20.817
202106 15.302 99.500 17.332
202109 16.089 100.100 18.114
202112 20.436 100.100 23.008
202203 3.506 101.100 3.908
202206 3.082 101.800 3.412
202209 5.567 103.100 6.085
202212 264.506 104.100 286.358
202303 -147.746 104.400 -159.492
202306 23.034 105.200 24.676
202309 6.180 106.200 6.558
202312 30.740 106.800 32.438
202403 7.144 107.200 7.511
202406 12.334 108.200 12.847
202409 10.586 108.900 10.955
202503 0.000 111.100 0.000
202506 35.114 111.700 35.428
202509 26.614 112.000 26.780
202512 83.642 113.000 83.420
202603 2.032 112.700 2.032

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 23.26 mean?
TOKYO PRINTING INK MFG Co (TSE:4635) has a Shiller PE Ratio of 23.26 as of Aug. 08, 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 TOKYO PRINTING INK MFG Co and its competitors. This is 134% above median its historical median of 9.95. Over the past decade, TOKYO PRINTING INK MFG Co's Shiller PE Ratio has ranged from 6.30 to 26.78. According to the industry distribution chart, TOKYO PRINTING INK MFG Co ranks #401 out of 1081 companies in the Chemicals industry, placing it in the top 37.1%.
Is TOKYO PRINTING INK MFG Co's Shiller PE Ratio too high?
TOKYO PRINTING INK MFG Co's current Shiller PE Ratio of 23.26 is 134% above median its 10-year median of 9.95. Over the past 10 years, this metric has ranged from a low of 6.30 to a high of 26.78. The Chemicals industry median Shiller PE Ratio is 21.37. TOKYO PRINTING INK MFG Co's value of 23.26 is 8.8% above this industry median. Based on the distribution chart, TOKYO PRINTING INK MFG Co ranks #401 out of 1081 companies in the Chemicals industry, which is above the industry midpoint. Overall, TOKYO PRINTING INK MFG Co has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TOKYO PRINTING INK MFG Co's Shiller PE Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, TOKYO PRINTING INK MFG Co ranks #401 out of 1081 companies for Shiller PE Ratio. This puts TOKYO PRINTING INK MFG Co in the upper half of its industry. The industry median Shiller PE Ratio is 21.37. TOKYO PRINTING INK MFG Co's value of 23.26 is 8.8% above this benchmark. Historically, TOKYO PRINTING INK MFG Co's own Shiller PE Ratio has ranged from 6.30 to 26.78 over the past decade. While the company's 10-year median is 9.95 vs. the industry median of 21.37, TOKYO PRINTING INK MFG 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 a Chemicals company?
The median Shiller PE Ratio among Chemicals companies is 21.37, based on 1,081 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. TOKYO PRINTING INK MFG Co's current Shiller PE Ratio of 23.26 is 8.8% 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 TOKYO PRINTING INK MFG Co and its competitors. For the Chemicals industry, the median Shiller PE Ratio is 21.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TOKYO PRINTING INK MFG Co's current Shiller PE Ratio is 23.26, which is 134% above median its own 10-year median of 9.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOKYO PRINTING INK MFG Co stock overvalued right now?
Based on GuruFocus' analysis, TOKYO PRINTING INK MFG Co (TSE:4635) is currently considered Significantly Overvalued. The stock's GF Value™ is 円794.73, compared to a current price of 円2,048.00 — trading 157.7% above its estimated fair value. The current Shiller PE Ratio is 23.26, which is 134% above median its 10-year median of 9.95 and 8.8% above the Chemicals industry median of 21.37. TOKYO PRINTING INK MFG Co's overall GF Score™ is 60/100 with 1 warning sign 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 TOKYO PRINTING INK MFG Co (TSE:4635), the current Shiller PE Ratio is 23.26 as of Aug. 08, 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 TOKYO PRINTING INK MFG Co (TSE:4635) Overvalued in 2026?

Based on GuruFocus' analysis, TOKYO PRINTING INK MFG Co stock appears to be overvalued. The current stock price of 円2,048.00 is trading 157.7% above its estimated GF Value™ of 円794.73. GuruFocus considers TOKYO PRINTING INK MFG Co to be Significantly Overvalued.

Key valuation signals for TSE:4635:

  • Shiller PE Ratio: 23.26 (134% above median its 10-year median of 9.95)
  • GF Value™: 円794.73 vs. price of 円2,048.00 (157.7% above fair value)
  • GF Score™: 60/100 with 1 warning sign
  • Industry Position: 8.8% above the Chemicals median (#401 of 1081)

No single metric tells the full story. See the TSE:4635 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TOKYO PRINTING INK MFG Co Business Description

Address 1-12-4 Oji, Kita-ku, Tokyo, JPN
TOKYO PRINTING INK MFG Co Ltd is the speciality chemicals manufacturing company. The core business segments of the company comprise of the followings - Ink business, Chemical Products, and Processed Products business. Ink business offers offset printing, gravure ink, inkjet ink, high performance, and high-quality printer ink. Chemical Products includes colorant for plastics, functional additives for plastics, and other functional products. The Processed Products business supply packaging materials, civil engineering materials and agricultural materials for various industrial applications.
60GF Score

Get the complete analysis for TSE:4635

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

円2,048.00
Price
円794.73
GF Value