BJC Heavy Industries PCL (BKK:BJCHI) PE Ratio without NRI: 193.68 (As of Aug. 25, 2026) — 1066% Above 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.

BKK:BJCHI BJC Heavy Industries PCL BKK:BJCHI
53 GF Score
Price ฿3.68
GF Value ฿1.71
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is BJC Heavy Industries PCL PE Ratio without NRI?

BJC Heavy Industries PCL BKK:BJCHI +1.66% 53 PE Ratio without NRI is 193.68 as of Aug. 25, 2026, which is 1066% above its 10-year median of 16.61. GuruFocus rates BKK:BJCHI with a GF Score™ of 53/100 and a GF Value™ of ฿1.71 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,301 Industrial Products companies, BJC Heavy Industries PCL ranks worse than 43459.32% on this metric.

The PE Ratio without NRI, or P/E Ratio without non-recurring items, is a financial ratio used to compare a company's market price to its EPS without NRI. As of today (2026-08-25), BJC Heavy Industries PCL's share price is ฿3.68. BJC Heavy Industries PCL's EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2026 was ฿0.02. Therefore, BJC Heavy Industries PCL's PE Ratio without NRI for today is 193.68.

During the past 13 years, BJC Heavy Industries PCL's highest PE Ratio without NRI was 232.00. The lowest was 2.95. And the median was 16.61.

BJC Heavy Industries PCL's EPS without NRI for the three months ended in Jun. 2026 was ฿0.03. Its EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2026 was ฿0.02.

As of today (2026-08-25), BJC Heavy Industries PCL's share price is ฿3.68. BJC Heavy Industries PCL's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ฿0.02. Therefore, BJC Heavy Industries PCL's PE Ratio (TTM) for today is 245.33.

Warning Sign:

BJC Heavy Industries PCL stock PE Ratio (=245.33) is close to 10-year high of 245.33.

During the past years, BJC Heavy Industries PCL's highest PE Ratio (TTM) was 245.33. The lowest was 5.05. And the median was 20.36.

BJC Heavy Industries PCL's EPS (Diluted) for the three months ended in Jun. 2026 was ฿0.05. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ฿0.02.

BJC Heavy Industries PCL's EPS (Basic) for the three months ended in Jun. 2026 was ฿0.05. Its EPS (Basic) for the trailing twelve months (TTM) ended in Jun. 2026 was ฿0.05.


BJC Heavy Industries PCL  (BKK:BJCHI) PE Ratio without NRI 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 or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio without NRI 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 Ratio s 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.


BJC Heavy Industries PCL PE Ratio without NRI Related Terms


BJC Heavy Industries PCL PE Ratio without NRI Historical Data

* Premium members only.

The historical data trend for BJC Heavy Industries PCL's PE Ratio 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.

BJC Heavy Industries PCL PE Ratio without NRI Chart

BJC Heavy Industries PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PE Ratio without NRI
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.87 12.89 11.15 6.28 At Loss

BJC Heavy Industries PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
PE Ratio without NRI 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 At Loss At Loss At Loss At Loss 172.63

BKK:BJCHI vs CRS, ATI, MLI: PE Ratio without NRI Comparison

For the Metal Fabrication subindustry, BJC Heavy Industries PCL'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.


BJC Heavy Industries PCL PE Ratio without NRI vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, BJC Heavy Industries PCL's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where BJC Heavy Industries PCL's PE Ratio without NRI falls into.


BKK:BJCHI
53GF Score
BJC Heavy Industries PCL BKK:BJCHI
PE Ratio without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BJC Heavy Industries PCL PE Ratio without NRI Calculation

The PE Ratio without NRI, or P/E Ratio without non-recurring items, is a financial ratio used to compare a company's market price to its EPS without NRI. Regular PE Ratio can be affected by Non Operating Income 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 regular PE Ratio.

BJC Heavy Industries PCL's PE Ratio without NRI for today is calculated as

PE Ratio without NRI=Share Price/ EPS without NRI
=3.68/0.019
=193.68

BJC Heavy Industries PCL's Share Price of today is ฿3.68.
BJC Heavy Industries PCL's EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿0.02.

* 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.

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 case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

In the calculation of PE Ratio (TTM), 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.

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 without NRI →
What does a PE Ratio without NRI of 193.68 mean?
BJC Heavy Industries PCL (BKK:BJCHI) has a PE Ratio without NRI of 193.68 as of Aug. 25, 2026. P/E without nonrecurring items is the ratio of share price to a company's earnings less one-time charges. View historical data on BJC Heavy Industries PCL and its competitors. This is 1066% above median its historical median of 16.61. Over the past decade, BJC Heavy Industries PCL's PE Ratio without NRI has ranged from 2.95 to 232.00. According to the industry distribution chart, BJC Heavy Industries PCL ranks #999999 out of 2301 companies in the Industrial Products industry.
Is BJC Heavy Industries PCL's PE Ratio without NRI too high?
BJC Heavy Industries PCL's current PE Ratio without NRI of 193.68 is 1066% above median its 10-year median of 16.61. Over the past 10 years, this metric has ranged from a low of 2.95 to a high of 232.00. The Industrial Products industry median PE Ratio without NRI is 25.66. BJC Heavy Industries PCL's value of 193.68 is 654.8% above this industry median. Based on the distribution chart, BJC Heavy Industries PCL ranks #999999 out of 2301 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, BJC Heavy Industries PCL has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BJC Heavy Industries PCL's PE Ratio without NRI compare to CRS and ATI?
According to the Industrial Products industry distribution chart, BJC Heavy Industries PCL ranks #999999 out of 2301 companies for PE Ratio without NRI. This places BJC Heavy Industries PCL in the lower half of its industry. The industry median PE Ratio without NRI is 25.66. BJC Heavy Industries PCL's value of 193.68 is 654.8% above this benchmark. Historically, BJC Heavy Industries PCL's own PE Ratio without NRI has ranged from 2.95 to 232.00 over the past decade. While the company's 10-year median is 16.61 vs. the industry median of 25.66, BJC Heavy Industries PCL has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PE Ratio without NRI for an Industrial Products company?
The median PE Ratio without NRI among Industrial Products companies is 25.66, based on 2,301 companies in the industry. Companies in the top quartile (top 25%) have a PE Ratio without NRI significantly above this median, while those in the bottom quartile fall well below. However, PE Ratio without NRI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BJC Heavy Industries PCL's current PE Ratio without NRI of 193.68 is 654.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PE Ratio without NRI mean?
A high PE Ratio without NRI can signal that a stock is expensive relative to its fundamentals. P/E without nonrecurring items is the ratio of share price to a company's earnings less one-time charges. View historical data on BJC Heavy Industries PCL and its competitors. For the Industrial Products industry, the median PE Ratio without NRI is 25.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BJC Heavy Industries PCL's current PE Ratio without NRI is 193.68, which is 1066% above median its own 10-year median of 16.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BJC Heavy Industries PCL stock overvalued right now?
Based on GuruFocus' analysis, BJC Heavy Industries PCL (BKK:BJCHI) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿1.71, compared to a current price of ฿3.68 — trading 115.2% above its estimated fair value. The current PE Ratio without NRI is 193.68, which is 1066% above median its 10-year median of 16.61 and 654.8% above the Industrial Products industry median of 25.66. BJC Heavy Industries PCL's overall GF Score™ is 53/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio without NRI calculated?
PE Ratio without NRI is calculated from a company's financial statements. For BJC Heavy Industries PCL (BKK:BJCHI), the current PE Ratio without NRI is 193.68 as of Aug. 25, 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 BJC Heavy Industries PCL (BKK:BJCHI) Overvalued in 2026?

Based on GuruFocus' analysis, BJC Heavy Industries PCL stock appears to be overvalued. The current stock price of ฿3.68 is trading 115.2% above its estimated GF Value™ of ฿1.71. GuruFocus considers BJC Heavy Industries PCL to be Significantly Overvalued.

Key valuation signals for BKK:BJCHI:

  • PE Ratio without NRI: 193.68 (1066% above median its 10-year median of 16.61)
  • GF Value™: ฿1.71 vs. price of ฿3.68 (115.2% above fair value)
  • GF Score™: 53/100 with 8 warning signs
  • Industry Position: 654.8% above the Industrial Products median (#999999 of 2301)

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


BJC Heavy Industries PCL Business Description

Address 594 Moo 4, Tumbol Makhamkoo, Amphur Nikompattana, Rayong, THA, 21180
BJC Heavy Industries PCL operates in Thailand. Its principal activities are manufacturing fabricated steel and equipment and providing modularization. The company's products include steel fabrication, modularization, site erection and precast concrete, and its services include galvanizing, grating, built-up beams and post-weld heat treatment. It serves industries including power and others, oil and gas upstream, refining and petrochemical, and mining. Its business segments include contract revenues and service income, with contract revenue deriving the majority of its revenue, and also from the overseas geographical segment.
53GF Score

Get the complete analysis for BKK:BJCHI

PE Ratio without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿3.68
Price
฿1.71
GF Value