Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Burstone Group's earnings per share without non-recurring items for the
six
months ended in Mar. 2026 was R0.21.
Its earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Mar. 2026 was R0.39.
During the past 3 years, the average earnings per share (NRI) Growth Rate was -3.60% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EPS without NRI Growth Rate using Earnings per share without Non-Recurring Items (NRI) data.
The historical rank and industry rank for Burstone Group's EPS without NRI or its related term are showing as below:
JSE:BTN'
s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -46.5 Med: -3.6 Max: 66.4
Current: -3.6
During the past 13 years, Burstone Group's highest 3-Year average Earnings Per Share (NRI) Growth Rate was 66.40% per year. The lowest was -46.50% per year. And the median was -3.60% per year.
JSE:BTN's 3-Year EPS without NRI Growth Rate is ranked worse than 61.23% of 668
companies
in the REITs industry
Industry Median: 1
vs JSE:BTN: -3.60
Burstone Group's EPS (Diluted) for the
six
months ended in Mar. 2026 was R0.78.
Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was R1.00.
Burstone Group's EPS (Basic) for the
six
months ended in Mar. 2026 was R0.80.
Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was R1.02.
Burstone Group (JSE:BTN) EPS without NRI Explanation
EPS without NRI removes onetime and unusual items from EPS, to provide investors with a more accurate measure of the company’s true earnings. The earnings are adjusted for items that are irregular or unusual in nature, and/or are non-recurring. This is calculated using Net Income (Continuing Operations) plus/minus any tax affected unusual Items and Goodwill Impairments/Write Offs. This can be used to fairly measure a company's profitability.
Be Aware
Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.
If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.
Burstone Group EPS without NRI Related Terms
Burstone Group EPS without NRI Historical Data
* Premium members only.
The historical data trend for Burstone Group's EPS without NRI 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.
For the REIT - Diversified subindustry, Burstone Group's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI 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.
Burstone Group PE Ratio without NRI vs REITs Industry
For the REITs industry and Real Estate sector, Burstone Group's PE Ratio without NRI distribution charts can be found below:
* The bar in red indicates where Burstone Group's PE Ratio without NRI falls into.
Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.
Earnings Per Share without Non-Recurring Items is the amount of earnings without non-recurring items per outstanding share of the company's stock.
EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was R0.39
* 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.
Burstone Group (JSE:BTN) has a EPS without NRI of R0.39 as of Mar. 2026. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Burstone Group and its competitors. According to the industry distribution chart, Burstone Group ranks #409 out of 668 companies in the REITs industry, placing it in the top 61.2%.
Is Burstone Group's EPS without NRI too high?
Burstone Group's current EPS without NRI is R0.39. Based on the distribution chart, Burstone Group ranks #409 out of 668 companies in the REITs industry, which is below the industry midpoint. Overall, Burstone Group has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Burstone Group's EPS without NRI compare to VICI and WPC?
According to the REITs industry distribution chart, Burstone Group ranks #409 out of 668 companies for EPS without NRI. This places Burstone Group in the lower half of its industry. The industry median EPS without NRI is 1.00. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EPS without NRI for a REITs company?
The median EPS without NRI among REITs companies is 1.00, based on 668 companies in the industry. Companies in the top quartile (top 25%) have a EPS without NRI significantly above this median, while those in the bottom quartile fall well below. However, EPS without NRI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EPS without NRI mean?
A high EPS without NRI can signal that a stock is expensive relative to its fundamentals. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Burstone Group and its competitors. For the REITs industry, the median EPS without NRI is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Burstone Group's current EPS without NRI is R0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Burstone Group stock overvalued right now?
Based on GuruFocus' analysis, Burstone Group (JSE:BTN) is currently considered Modestly Overvalued. The stock's GF Value™ is R8.62, compared to a current price of R9.83 — trading 14% above its estimated fair value. The current EPS without NRI is R0.39. Burstone Group's overall GF Score™ is 63/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EPS without NRI calculated?
EPS without NRI is calculated from a company's financial statements. For Burstone Group (JSE:BTN), the current EPS without NRI is R0.39 as of Mar. 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 Burstone Group (JSE:BTN) Overvalued in 2026?
Based on GuruFocus' analysis, Burstone Group stock appears to be overvalued.
The current stock price of R9.83 is trading 14% above its estimated GF Value™ of R8.62.
GuruFocus considers Burstone Group to be Modestly Overvalued.
Key valuation signals for JSE:BTN:
EPS without NRI: R0.39
GF Value™: R8.62 vs. price of R9.83 (14% above fair value)
No single metric tells the full story. See the JSE:BTN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Burstone Group Ltd is a real estate investment trust operating in South Africa and formed with the purpose of investing in direct real estate. The objective of the fund is to expand its asset base by investing in well-priced income-producing investment properties. The fund invests in the office, industrial, and retail property sectors and is managed and operated by Investec Property, which is a wholly-owned subsidiary of Investec. The fund is well diversified in terms of sectoral spread but mostly concentrates investments in the province of Gauteng from a geographical spread standpoint. The vast majority of the fund's revenue is derived from contracted rental fees.
63GF Score
Get the complete analysis for JSE:BTN
EPS without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
JSE:BTN has been successfully added to your 
