Emperor Watch & Jewellery (FRA:EPU) PE Ratio: 3.14 (As of Jul. 21, 2026) — 46% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

FRA:EPU Emperor Watch & Jewellery Ltd FRA:EPU
70 GF Score
Price €0.02
GF Value €0.02
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Emperor Watch & Jewellery PE Ratio?

Emperor Watch & Jewellery FRA:EPU 70 PE Ratio is 3.14 as of Jul. 21, 2026, which is 46% below its 10-year median of 5.86. GuruFocus rates FRA:EPU with a GF Score™ of 70/100 and a GF Value™ of €0.02 (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 (2026-07-21), Emperor Watch & Jewellery's share price is €0.022. Emperor Watch & Jewellery's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €0.01. Therefore, Emperor Watch & Jewellery's PE Ratio for today is 3.14.

Good Sign:

Emperor Watch & Jewellery Ltd stock PE Ratio (=4.05) is close to 1-year low of 3.65.

During the past 13 years, Emperor Watch & Jewellery's highest PE Ratio was 48.40. The lowest was 3.34. And the median was 5.86.

Emperor Watch & Jewellery's EPS (Diluted) for the six months ended in Dec. 2025 was €0.00. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €0.01.

As of today (2026-07-21), Emperor Watch & Jewellery's share price is €0.022. Emperor Watch & Jewellery's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was €0.01. Therefore, Emperor Watch & Jewellery's PE Ratio without NRI ratio for today is 3.14.

During the past 13 years, Emperor Watch & Jewellery's highest PE Ratio without NRI was 34.57. The lowest was 3.34. And the median was 5.77.

Emperor Watch & Jewellery's EPS without NRI for the six months ended in Dec. 2025 was €0.00. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was €0.01.

During the past 12 months, Emperor Watch & Jewellery's average EPS without NRI Growth Rate was 67.50% per year. During the past 3 years, the average EPS without NRI Growth Rate was 26.60% per year. During the past 5 years, the average EPS without NRI Growth Rate was 41.90% per year.

During the past 13 years, Emperor Watch & Jewellery's highest 3-Year average EPS without NRI Growth Rate was 84.60% per year. The lowest was -85.40% per year. And the median was 2.00% per year.

Emperor Watch & Jewellery's EPS (Basic) for the six months ended in Dec. 2025 was €0.00. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2025 was €0.01.

Back to Basics: PE Ratio


Emperor Watch & Jewellery  (FRA:EPU) 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.


Emperor Watch & Jewellery PE Ratio Related Terms


Emperor Watch & Jewellery PE Ratio Historical Data

* Premium members only.

The historical data trend for Emperor Watch & Jewellery'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.

Emperor Watch & Jewellery PE Ratio Chart

Emperor Watch & Jewellery Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.83 5.45 3.77 4.39 3.63

Emperor Watch & Jewellery Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 3.77 At Loss 4.39 At Loss 3.63

FRA:EPU vs TPR: PE Ratio Comparison

For the Luxury Goods subindustry, Emperor Watch & Jewellery'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.


Emperor Watch & Jewellery PE Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Emperor Watch & Jewellery's PE Ratio distribution charts can be found below:

* The bar in red indicates where Emperor Watch & Jewellery's PE Ratio falls into.


FRA:EPU
70GF Score
Emperor Watch & Jewellery Ltd FRA:EPU
PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Emperor Watch & Jewellery 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.

Emperor Watch & Jewellery's PE Ratio for today is calculated as

PE Ratio=Share Price/Earnings per Share (Diluted) (TTM)
=0.022/0.007
=3.14

Emperor Watch & Jewellery's Share Price of today is €0.022.
For company reported semi-annually, Emperor Watch & Jewellery's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was €0.01.


* 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 3.14 mean?
Emperor Watch & Jewellery (FRA:EPU) has a PE Ratio of 3.14 as of Jul. 21, 2026. P/E ratio is the ratio of share price to a company's earnings per share. View historical data on Emperor Watch & Jewellery and its competitors. This is 46% below median its historical median of 5.86. Over the past decade, Emperor Watch & Jewellery's PE Ratio has ranged from 3.34 to 48.40.
Is Emperor Watch & Jewellery's PE Ratio too high?
Emperor Watch & Jewellery's current PE Ratio of 3.14 is 46% below median its 10-year median of 5.86. Over the past 10 years, this metric has ranged from a low of 3.34 to a high of 48.40. Overall, Emperor Watch & Jewellery has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Emperor Watch & Jewellery's PE Ratio compare to TPR?
Emperor Watch & Jewellery's PE Ratio of 3.14 can be compared against companies in the Retail - Cyclical industry. Historically, Emperor Watch & Jewellery's own PE Ratio has ranged from 3.34 to 48.40 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 Retail - Cyclical company?
A good PE Ratio depends on the Retail - Cyclical 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 Emperor Watch & Jewellery and its competitors. Emperor Watch & Jewellery's current PE Ratio is 3.14, which is 46% below median its own 10-year median of 5.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emperor Watch & Jewellery stock overvalued right now?
Based on GuruFocus' analysis, Emperor Watch & Jewellery (FRA:EPU) is currently considered Fairly Valued. The stock's GF Value™ is €0.02, compared to a current price of €0.02 — trading 10% above its estimated fair value. The current PE Ratio is 3.14, which is 46% below median its 10-year median of 5.86. Emperor Watch & Jewellery's overall GF Score™ is 70/100 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 Emperor Watch & Jewellery (FRA:EPU), the current PE Ratio is 3.14 as of Jul. 21, 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 Emperor Watch & Jewellery (FRA:EPU) Overvalued in 2026?

Based on GuruFocus' analysis, Emperor Watch & Jewellery stock appears to be overvalued. The current stock price of €0.02 is trading 10% above its estimated GF Value™ of €0.02. GuruFocus considers Emperor Watch & Jewellery to be Fairly Valued.

Key valuation signals for FRA:EPU:

  • PE Ratio: 3.14 (46% below median its 10-year median of 5.86)
  • GF Value™: €0.02 vs. price of €0.02 (10% above fair value)
  • GF Score™: 70/100 with 3 warning signs

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


Emperor Watch & Jewellery Business Description

Other Exchanges 00887:Hong Kong
Address 288 Hennessy Road, 25th Floor, Emperor Group Centre, Wanchai, Hong Kong, HKG
Emperor Watch & Jewellery Ltd is a retailer of European-made internationally renowned watches, together with self-designed fine jewellery products under its brand, Emperor Jewellery. The group has extensive retail networks in Hong Kong, Macau, Mainland China, Malaysia, and Singapore. Its wristwatch brands include Piguet, Baume & Mercier, Cartier, Jaeger-LeCoultre, Rolex among others. The target customers range from middle to high-income groups world-wide. The majority of the revenue is mainly derived from sales of watches and jewellery in Hong Kong.
70GF Score

Get the complete analysis for FRA:EPU

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

€0.02
Price
€0.02
GF Value