As of 2026-05-15, the Relative Valuation of Heiwa Paper Co Ltd (9929.T) is 186.54 JPY. This relative valuation is based on P/E multiples. With the latest stock price at 460.00 JPY, the upside of Heiwa Paper Co Ltd based on Relative Valuation is -59.4%.
The range of the Relative Valuation is 86.39 - 299.62 JPY.
| Range | Selected | |
| Trailing P/E multiples | 11.3x - 13.6x | 12.2x |
| Forward P/E multiples | 10.2x - 11.5x | 10.7x |
| Fair Price | 86.39 - 299.62 | 186.54 |
| Upside | -81.2% - -34.9% | -59.4% |
| Date | P/E |
| 2026-05-14 | 60.38 |
| 2026-05-13 | 60.38 |
| 2026-05-12 | 60.90 |
| 2026-05-11 | 60.12 |
| 2026-05-08 | 59.98 |
| 2026-05-07 | 60.12 |
| 2026-05-01 | 60.38 |
| 2026-04-30 | 60.38 |
| 2026-04-28 | 59.72 |
| 2026-04-27 | 60.90 |
| 2026-04-24 | 60.90 |
| 2026-04-23 | 60.90 |
| 2026-04-22 | 60.90 |
| 2026-04-21 | 60.77 |
| 2026-04-20 | 61.69 |
| 2026-04-16 | 61.17 |
| 2026-04-15 | 60.64 |
| 2026-04-14 | 60.64 |
| 2026-04-13 | 61.69 |
| 2026-04-10 | 60.64 |
| 2026-04-09 | 60.51 |
| 2026-04-08 | 61.17 |
| 2026-04-07 | 60.64 |
| 2026-04-06 | 60.51 |
| 2026-04-03 | 60.51 |
| 2026-04-02 | 59.33 |
| 2026-04-01 | 59.98 |
| 2026-03-31 | 59.59 |
| 2026-03-30 | 60.38 |
| 2026-03-27 | 63.00 |
| 2026-03-26 | 62.87 |
| 2026-03-25 | 62.74 |
| 2026-03-24 | 62.09 |
| 2026-03-23 | 62.09 |
| 2026-03-19 | 61.69 |
| 2026-03-18 | 62.48 |
| 2026-03-17 | 62.35 |
| 2026-03-16 | 61.43 |
| 2026-03-13 | 61.82 |
| 2026-03-12 | 62.09 |
| 2026-03-11 | 62.35 |
| 2026-03-10 | 62.35 |
| 2026-03-09 | 62.09 |
| 2026-03-06 | 63.00 |
| 2026-03-05 | 62.74 |
| 2026-03-04 | 63.92 |
| 2026-03-03 | 66.55 |
| 2026-03-02 | 66.94 |
| 2026-02-27 | 64.58 |
| 2026-02-26 | 64.05 |