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ZOZO Inc
TSE:3092

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ZOZO Inc
TSE:3092
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Price: 1 025 JPY -2.75% Market Closed
Market Cap: ¥914.3B

P/E

19.5
Current
21%
Cheaper
vs 3-y average of 24.6

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
19.5
=
Market Cap
¥958.2B
/
Net Income
¥46.4B

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
19.5
=
Market Cap
¥958.2B
/
Net Income
¥46.4B

Valuation Scenarios

ZOZO Inc is trading below its 3-year average

If P/E returns to its 3-Year Average (24.6), the stock would be worth ¥1 291 (26% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-15%
Maximum Upside
+30%
Average Upside
7%
Scenario P/E Value Implied Price Upside/Downside
Current Multiple 19.5 ¥1 025
0%
3-Year Average 24.6 ¥1 291
+26%
5-Year Average 25.5 ¥1 337.36
+30%
Industry Average 16.7 ¥874.94
-15%
Country Average 17 ¥892.14
-13%

Forward P/E
Today’s price vs future net income

Today's Market Cap Net Income Forward P/E
¥958.2B
/
Jan 2026
¥46.4B
=
19.5
Current
¥958.2B
/
Mar 2026
¥49.3B
=
19.4
Forward
¥958.2B
/
Mar 2027
¥53.5B
=
17.9
Forward
¥958.2B
/
Mar 2028
¥56.8B
=
16.9
Forward
¥958.2B
/
Mar 2029
¥63.9B
=
15
Forward
¥958.2B
/
Mar 2030
¥68.5B
=
14
Forward

Forward P/E shows whether today’s P/E still looks high or low once future net income are taken into account.

Peer Comparison

All Countries
Close
Earnings Growth PEG
JP
ZOZO Inc
TSE:3092
Average P/E: 28.6
19.5
8%
2.4
US
Amazon.com Inc
NASDAQ:AMZN
31.4
19%
1.7
ZA
N
Naspers Ltd
JSE:NPN
7.5
1%
7.5
CN
Alibaba Group Holding Ltd
NYSE:BABA
23.3
11%
2.1
CN
PDD Holdings Inc
NASDAQ:PDD
9.8
16%
0.6
NL
Prosus NV
AEX:PRX
8.5
4%
2.1
AR
Mercadolibre Inc
NASDAQ:MELI
45.3
37%
1.2
UY
MercadoLibre Inc
BMV:MELIN
45.4
36%
1.3
US
D
DoorDash Inc
NASDAQ:DASH
78.4
47%
1.7
CN
Meituan
HKEX:3690
Negative Multiple: -19.3 N/A N/A
CN
JD.Com Inc
HKEX:9618
16.5
8%
2.1

Market Distribution

In line with most companies in Japan
Percentile
60th
Based on 5 185 companies
60th percentile
19.5
Low
0 — 13.1
Typical Range
13.1 — 23
High
23 —
Distribution Statistics
Japan
Min 0
30th Percentile 13.1
Median 17
70th Percentile 23
Max 7 956 708

ZOZO Inc
Glance View

In the bustling world of e-commerce, ZOZO Inc. has carved a distinctive niche for itself, primarily through its innovative approach to fashion retail. Based in Japan, ZOZO operates the popular fashion e-commerce platform ZOZOTOWN, which serves as an online marketplace for a myriad of brands, ranging from high-end designers to trendy fast-fashion labels. The company revolutionized the way people shop for clothing by integrating technology with fashion, most notably through its development of the ZOZOSUIT, a body-measuring suit that enables customers to obtain precise clothing measurements at home, thus enhancing the online shopping experience and reducing the hassle of returns due to size mismatches. Revenue generation for ZOZO Inc. primarily stems from two main streams: the commission model and advertisement fees. Through the platform, ZOZO charges a commission on each sale that participating brands make, creating a transactional ecosystem that thrives on a diverse portfolio of fashion offerings. Additionally, ZOZO capitalizes on its digital real estate by offering brands advertising opportunities, thus allowing them to gain visibility among ZOZOTOWN's extensive user base. By focusing on personalized shopping experiences, technological integration, and strategic partnerships with brands, ZOZO continues to strengthen its position in the competitive fashion e-commerce landscape, all while maintaining profitability and fostering customer loyalty.

Intrinsic Value
883.51 JPY
Overvaluation 14%
Intrinsic Value
Price ¥1 025
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