What does the “Price at Med PE without NRI” line have to do with this? And why isn't it mentioned here?!

The Chart That Made Peter Lynch 29% a Year
Dan A Jul 14, 2026
The Chart That Made Peter Lynch 29% a Year

What does the “Price at Med PE without NRI” line have to do with this? And why isn't it mentioned here?!

Praveen Chawla GuruFocus PremiumPlus Icon Jul 26, 2026

It's just a reference line to show the typical center of gravity of the stock in terms of PE. But PE by itself is a pretty crude measure of value so I have doubts about this technique. Its just one data point and just indicative of value.

Dan A GuruFocus Premium Icon Jul 26, 2026

I get the point. My point was that this appears to be some random addition that wasn't documented anywhere. It's not even mentioned in the article. They seem to like making random changes.