Central Japan Railway Co (TSE:9022) Forward PE Ratio : 9.77 (As of May. 02, 2024)

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What is Central Japan Railway Co Forward PE Ratio?

Central Japan Railway Co's Forward PE Ratio for today is 9.77.

Central Japan Railway Co's PE Ratio without NRI for today is 9.43.

Central Japan Railway Co's PE Ratio for today is 9.26.

Central Japan Railway Co Forward PE Ratio Historical Data

The historical data trend for Central Japan Railway Co's Forward 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.

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Central Japan Railway Co Forward PE Ratio Chart

Central Japan Railway Co Annual Data

Trend

2016-12

2017-12

2018-12

2019-12

2020-08

2023-12

2024-04

Forward PE Ratio

10.00

11.12

10.89

9.42

6.51

10.04

9.77

Central Japan Railway Co Quarterly Data
	2016-09	2016-12	2017-03	2017-06	2017-09	2017-12	2018-03	2018-06	2018-09	2018-12	2019-03	2019-06	2019-09	2019-12	2020-03	2020-06	2023-09	2023-12	2024-03
Forward PE Ratio	9.62	10.00	9.54	10.30	11.10	11.12	10.72	12.22	11.26	10.89	11.60	9.74	10.47	9.42	7.94	7.57	13.79	10.04	10.25

Competitive Comparison of Central Japan Railway Co's Forward PE Ratio

For the Railroads subindustry, Central Japan Railway Co's Forward PE Ratio, along with its competitors' market caps and Forward 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.

Central Japan Railway Co's Forward PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Central Japan Railway Co's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Central Japan Railway Co's Forward PE Ratio falls into.

Central Japan Railway Co Forward PE Ratio Calculation

It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.

Central Japan Railway Co (TSE:9022) Forward PE Ratio Explanation

The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.

Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income 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 .

Central Japan Railway Co Forward PE Ratio Related Terms

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Central Japan Railway Co (TSE:9022) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Central Japan Railway Co (TSE:9022) » Definitions » Forward PE Ratio

Comparable Companies

Traded in Other Exchanges

CJPRY:USA CJPRF:USA JAP:Germany

Address

JR Central Towers, Meieki 1-1-4, Nakamura-ku, Aichi, Nagoya, JPN, 450-6101

Website

http://jr-central.co.jp

Central Japan Railway Company, or JR Central, is the main railway operator in Nagoya and the Chubu region in central Japan. It was originally established when the government-owned nationwide railway operator underwent a six-way territorial split in 1987. Its main asset is the Tokaido Shinkansen, which spans Japan's most wealthy and populous area and links Tokyo, Yokohama, Nagoya, Kyoto, and Osaka. It contributes three-fourths of revenue, with most of the balance from merchandise, conventional train lines, and real estate.

Central Japan Railway Co (TSE:9022) Headlines

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