Fraser & Neave Holdings Bhd (XKLS:3689) PE Ratio: 26.38 (As of Jul. 14, 2026) — Near Median

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XKLS:3689 Fraser & Neave Holdings Bhd XKLS:3689
84 GF Score
Price RM29.28
GF Value RM28.15
Valuation Fairly Valued
! 3 Warning Signs
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What is Fraser & Neave Holdings Bhd PE Ratio?

Fraser & Neave Holdings Bhd XKLS:3689 +1.17% 84 PE Ratio is 26.38 as of Jul. 14, 2026, which is 8% above its 10-year median of 24.40. GuruFocus rates XKLS:3689 with a GF Score™ of 84/100 and a GF Value™ of RM28.15 (Fairly Valued). The stock has 3 warning signs investors should review.

The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2026-07-14), Fraser & Neave Holdings Bhd's share price is RM29.28. Fraser & Neave Holdings Bhd's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was RM1.11. Therefore, Fraser & Neave Holdings Bhd's PE Ratio for today is 26.38.

Warning Sign:

Fraser & Neave Holdings Bhd stock PE Ratio (=26.76) is close to 5-year high of 29.24.

During the past 13 years, Fraser & Neave Holdings Bhd's highest PE Ratio was 49.71. The lowest was 16.01. And the median was 24.40.

Fraser & Neave Holdings Bhd's EPS (Diluted) for the three months ended in Mar. 2026 was RM0.26. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was RM1.11.

As of today (2026-07-14), Fraser & Neave Holdings Bhd's share price is RM29.28. Fraser & Neave Holdings Bhd's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was RM1.11. Therefore, Fraser & Neave Holdings Bhd's PE Ratio without NRI ratio for today is 26.31.

During the past 13 years, Fraser & Neave Holdings Bhd's highest PE Ratio without NRI was 49.71. The lowest was 15.99. And the median was 24.40.

Fraser & Neave Holdings Bhd's EPS without NRI for the three months ended in Mar. 2026 was RM0.26. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was RM1.11.

During the past 12 months, Fraser & Neave Holdings Bhd's average EPS without NRI Growth Rate was -21.00% per year. During the past 3 years, the average EPS without NRI Growth Rate was 9.80% per year. During the past 5 years, the average EPS without NRI Growth Rate was 7.00% per year. During the past 10 years, the average EPS without NRI Growth Rate was 5.40% per year.

During the past 13 years, Fraser & Neave Holdings Bhd's highest 3-Year average EPS without NRI Growth Rate was 31.30% per year. The lowest was -12.50% per year. And the median was 8.20% per year.

Fraser & Neave Holdings Bhd's EPS (Basic) for the three months ended in Mar. 2026 was RM0.26. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was RM1.11.

Back to Basics: PE Ratio


Fraser & Neave Holdings Bhd  (XKLS:3689) PE Ratio Explanation

The PE Ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.

If a company loses money, the PE Ratio becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio divided by the growth ratio. He thinks a company with a PE Ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio of 20, instead of a company growing 10% a year with a PE Ratio of 10.

Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratios are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio.

PE Ratio can also be affected by non-recurring-items 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.


Fraser & Neave Holdings Bhd PE Ratio Related Terms


Fraser & Neave Holdings Bhd PE Ratio Historical Data

* Premium members only.

The historical data trend for Fraser & Neave Holdings Bhd's 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.

Fraser & Neave Holdings Bhd PE Ratio Chart

Fraser & Neave Holdings Bhd Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.81 20.71 17.32 21.12 19.67

Fraser & Neave Holdings Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.30 22.57 19.67 28.84 27.03

XKLS:3689 vs KO, PEP, MNST: PE Ratio Comparison

For the Beverages - Non-Alcoholic subindustry, Fraser & Neave Holdings Bhd's PE Ratio, along with its competitors' market caps and 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.


Fraser & Neave Holdings Bhd PE Ratio vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Fraser & Neave Holdings Bhd's PE Ratio distribution charts can be found below:

* The bar in red indicates where Fraser & Neave Holdings Bhd's PE Ratio falls into.


XKLS:3689
84GF Score
Fraser & Neave Holdings Bhd XKLS:3689
PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fraser & Neave Holdings Bhd PE Ratio Calculation

The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

Fraser & Neave Holdings Bhd's PE Ratio for today is calculated as

PE Ratio=Share Price/Earnings per Share (Diluted) (TTM)
=29.28/1.110
=26.38

Fraser & Neave Holdings Bhd's Share Price of today is RM29.28.
Fraser & Neave Holdings Bhd's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was RM1.11.


* 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.

It can also be calculated from the numbers for the whole company:


There are at least three kinds of PE Ratios used by different investors. They are Trailing Twelve Month PE Ratio, Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio, the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.

Frequently Asked Questions Learn more about PE Ratio →
What does a PE Ratio of 26.38 mean?
Fraser & Neave Holdings Bhd (XKLS:3689) has a PE Ratio of 26.38 as of Jul. 14, 2026. P/E ratio is the ratio of share price to a company's earnings per share. View historical data on Fraser & Neave Holdings Bhd and its competitors. This is near median its historical median of 24.40. Over the past decade, Fraser & Neave Holdings Bhd's PE Ratio has ranged from 16.01 to 49.71.
Is Fraser & Neave Holdings Bhd's PE Ratio too high?
Fraser & Neave Holdings Bhd's current PE Ratio of 26.38 is near median its 10-year median of 24.40. Over the past 10 years, this metric has ranged from a low of 16.01 to a high of 49.71. Overall, Fraser & Neave Holdings Bhd has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fraser & Neave Holdings Bhd's PE Ratio compare to KO and PEP?
Fraser & Neave Holdings Bhd's PE Ratio of 26.38 can be compared against companies in the Beverages - Non-Alcoholic industry. Historically, Fraser & Neave Holdings Bhd's own PE Ratio has ranged from 16.01 to 49.71 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PE Ratio for a Beverages - Non-Alcoholic company?
A good PE Ratio depends on the Beverages - Non-Alcoholic industry context. However, PE Ratio 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 PE Ratio mean?
A high PE Ratio can signal that a stock is expensive relative to its fundamentals. P/E ratio is the ratio of share price to a company's earnings per share. View historical data on Fraser & Neave Holdings Bhd and its competitors. Fraser & Neave Holdings Bhd's current PE Ratio is 26.38, which is near median its own 10-year median of 24.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fraser & Neave Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Fraser & Neave Holdings Bhd (XKLS:3689) is currently considered Fairly Valued. The stock's GF Value™ is RM28.15, compared to a current price of RM29.28 — trading 4% above its estimated fair value. The current PE Ratio is 26.38, which is near median its 10-year median of 24.40. Fraser & Neave Holdings Bhd's overall GF Score™ is 84/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio calculated?
PE Ratio is calculated from a company's financial statements. For Fraser & Neave Holdings Bhd (XKLS:3689), the current PE Ratio is 26.38 as of Jul. 14, 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 Fraser & Neave Holdings Bhd (XKLS:3689) Overvalued in 2026?

Based on GuruFocus' analysis, Fraser & Neave Holdings Bhd stock appears to be overvalued. The current stock price of RM29.28 is trading 4% above its estimated GF Value™ of RM28.15. GuruFocus considers Fraser & Neave Holdings Bhd to be Fairly Valued.

Key valuation signals for XKLS:3689:

  • PE Ratio: 26.38 (near median its 10-year median of 24.40)
  • GF Value™: RM28.15 vs. price of RM29.28 (4% above fair value)
  • GF Score™: 84/100 with 3 warning signs

No single metric tells the full story. See the XKLS:3689 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fraser & Neave Holdings Bhd Business Description

Address No. 1 Jalan Bukit Belimbing 26/38, Persiaran Kuala Selangor, Seksyen 26, Shah Alam, SGR, MYS, 40400
Fraser & Neave Holdings Bhd manufactures and sells canned milk, both condensed and evaporated and other dairy products and soft drinks. The company manufactures its products in Malaysia and Thailand and operates through four main segments: F&B Malaysia, which generates maximum revenue, F&B Thailand, Property, and Others. F&B Malaysia and F&B Thailand manufacture both soft drinks and dairies. Its core soft drink brands include 100PLUS, F&N Fun Flavours, F&N NutriSoy, F&N Seasons, F&N Ice Mountain, and others. Its dairy brands include Carnation, Magnolia, Teapot, Farmhouse, Gold Coin, and F&N Fruit Tree, among others. Geographically, the company derives a majority of its revenue from Southeast Asia and the rest from other regions.
84GF Score

Get the complete analysis for XKLS:3689

PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM29.28
Price
RM28.15
GF Value