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JSL IndustriesBOM:504080 -0.37%71 PE Ratio without NRI is 31.38 as of Jul. 19, 2026, which is 4% below its 10-year median of 32.62. GuruFocus rates BOM:504080 with a GF Score™ of 71/100 and a GF Value™ of ₹1,325.06 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 2,274 Industrial Products companies, JSL Industries ranks worse than 59.06% 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 (2026-07-19), JSL Industries's share price is ₹880.00.
JSL Industries's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was ₹28.04. Therefore, JSL Industries's PE Ratio without NRI for today is 31.38.
During the past 13 years, JSL Industries's highest PE Ratio without NRI was 335.91. The lowest was 4.72. And the median was 32.62.
JSL Industries Ltd stock PE Ratio (=31.38) is close to 1-year low of 31.38.
During the past years, JSL Industries's highestPE Ratio (TTM) was 123.93. The lowest was 4.72. And the median was 28.91.
JSL Industries's
EPS (Diluted) for the
three
months ended in Mar. 2026 was ₹10.18.
Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹28.04.
JSL Industries's EPS (Basic) for the
three
months ended in Mar. 2026 was ₹10.18.
Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹28.04.
JSL Industries (BOM:504080) 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.
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.
JSL Industries PE Ratio without NRI Related Terms
JSL Industries PE Ratio without NRI Historical Data
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The historical data trend for JSL Industries'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.
BOM:504080 vs VRT, BE: PE Ratio without NRI Comparison
For the Electrical Equipment & Parts subindustry, JSL Industries'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.
JSL Industries PE Ratio without NRI vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, JSL Industries's PE Ratio without NRI distribution charts can be found below:
* The bar in red indicates where JSL Industries's PE Ratio without NRI falls into.
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.
JSL Industries's PE Ratio without NRI for today is calculated as
JSL Industries's Share Price of today is ₹880.00.
JSL Industries's EPS without NRI 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 ₹28.04.
* 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.
JSL Industries (BOM:504080) has a PE Ratio without NRI of 31.38 as of Jul. 19, 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 JSL Industries and its competitors. This is near median its historical median of 32.62. Over the past decade, JSL Industries' PE Ratio without NRI has ranged from 4.72 to 335.91. According to the industry distribution chart, JSL Industries ranks #1343 out of 2274 companies in the Industrial Products industry, placing it in the top 59.1%.
Is JSL Industries' PE Ratio without NRI too high?
JSL Industries' current PE Ratio without NRI of 31.38 is near median its 10-year median of 32.62. Over the past 10 years, this metric has ranged from a low of 4.72 to a high of 335.91. The Industrial Products industry median PE Ratio without NRI is 25.81. JSL Industries' value of 31.38 is 21.6% above this industry median. Based on the distribution chart, JSL Industries ranks #1343 out of 2274 companies in the Industrial Products industry, which is below the industry midpoint. Overall, JSL Industries has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does JSL Industries' PE Ratio without NRI compare to VRT and BE?
According to the Industrial Products industry distribution chart, JSL Industries ranks #1343 out of 2274 companies for PE Ratio without NRI. This places JSL Industries in the lower half of its industry. The industry median PE Ratio without NRI is 25.81. JSL Industries' value of 31.38 is 21.6% above this benchmark. Historically, JSL Industries' own PE Ratio without NRI has ranged from 4.72 to 335.91 over the past decade. While the company's 10-year median is 32.62 vs. the industry median of 25.81, JSL Industries 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 25.81, based on 2,274 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. JSL Industries's current PE Ratio without NRI of 31.38 is 21.6% 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 JSL Industries and its competitors. For the Industrial Products industry, the median PE Ratio without NRI is 25.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JSL Industries's current PE Ratio without NRI is 31.38, which is near median its own 10-year median of 32.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JSL Industries stock overvalued right now?
Based on GuruFocus' analysis, JSL Industries (BOM:504080) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹1,325.06, compared to a current price of ₹880.00 — trading 33.6% below its estimated fair value. The current PE Ratio without NRI is 31.38, which is near median its 10-year median of 32.62 and 21.6% above the Industrial Products industry median of 25.81. JSL Industries' overall GF Score™ is 71/100 with 2 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 JSL Industries (BOM:504080), the current PE Ratio without NRI is 31.38 as of Jul. 19, 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 JSL Industries (BOM:504080) Overvalued in 2026?
Based on GuruFocus' analysis, JSL Industries stock appears to be undervalued.
The current stock price of ₹880.00 is trading 33.6% below its estimated GF Value™ of ₹1,325.06.
GuruFocus considers JSL Industries to be Significantly Undervalued.
Key valuation signals for BOM:504080:
PE Ratio without NRI: 31.38 (near median its 10-year median of 32.62)
GF Value™: ₹1,325.06 vs. price of ₹880.00 (33.6% below fair value)
Industry Position: 21.6% above the Industrial Products median (#1343 of 2274)
No single metric tells the full story. See the BOM:504080 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
JSL Industries Ltd is an Indian company engaged in the manufacturing of engineering goods. It manufactures HT Indoor and Outdoor Instrument Transformers, Full and Reduced Voltage Motor Starters - Air Break and Oil Immersed, LT Power and Auxiliary Contactors, Thermal Overload Relays, LT ACBs, MCCBs, Control, and Power Switches, LT Power and Motor Control Centre, LT Switchboard, LT Distribution Boxes, Mono-Block Pumps, TEFC, SPDP, and VHS Motors, etc.
71GF Score
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