Central Bank of India (BOM:532885) PE Ratio without NRI: 6.34 (As of Jul. 18, 2026) — 58% Below Median

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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.
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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.

BOM:532885 Central Bank of India BOM:532885
60 GF Score
Price ₹31.68
GF Value ₹46.06
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Central Bank of India PE Ratio without NRI?

Central Bank of India BOM:532885 -2.79% 60 PE Ratio without NRI is 6.34 as of Jul. 18, 2026, which is 58% below its 10-year median of 15.22. GuruFocus rates BOM:532885 with a GF Score™ of 60/100 and a GF Value™ of ₹46.06 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,451 Banks companies, Central Bank of India ranks better than 86.22% 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 (2026-07-18), Central Bank of India's share price is ₹31.68. Central Bank of India's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was ₹5.00. Therefore, Central Bank of India's PE Ratio without NRI for today is 6.34.

During the past 13 years, Central Bank of India's highest PE Ratio without NRI was 31.95. The lowest was 6.03. And the median was 15.22.

Central Bank of India's EPS without NRI for the three months ended in Mar. 2026 was ₹0.82. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was ₹5.00.

As of today (2026-07-18), Central Bank of India's share price is ₹31.68. Central Bank of India's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹5.00. Therefore, Central Bank of India's PE Ratio (TTM) for today is 6.34.

Good Sign:

Central Bank of India stock PE Ratio (=6.34) is close to 5-year low of 6.03.

During the past years, Central Bank of India's highest PE Ratio (TTM) was 27.46. The lowest was 6.03. And the median was 14.48.

Central Bank of India's EPS (Diluted) for the three months ended in Mar. 2026 was ₹0.82. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹5.00.

Central Bank of India's EPS (Basic) for the three months ended in Mar. 2026 was ₹0.82. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹5.00.


Central Bank of India  (BOM:532885) 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.


Central Bank of India PE Ratio without NRI Related Terms


Central Bank of India PE Ratio without NRI Historical Data

* Premium members only.

The historical data trend for Central Bank of India'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.

Central Bank of India PE Ratio without NRI Chart

Central Bank of India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PE Ratio without NRI
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.01 12.52 19.47 9.38 6.29

Central Bank of India Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 9.38 8.17 7.31 6.87 6.29

Central Bank of India PE Ratio without NRI Competitor Comparison

For the Banks - Regional subindustry, Central Bank of India'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.


Central Bank of India PE Ratio without NRI vs Banks Industry

For the Banks industry and Financial Services sector, Central Bank of India's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where Central Bank of India's PE Ratio without NRI falls into.


BOM:532885
60GF Score
Central Bank of India BOM:532885
PE Ratio without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
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Central Bank of India 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.

Central Bank of India's PE Ratio without NRI for today is calculated as

PE Ratio without NRI=Share Price/ EPS without NRI
=31.68/5.000
=6.34

Central Bank of India's Share Price of today is ₹31.68.
Central Bank of India'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 ₹5.00.

* 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 6.34 mean?
Central Bank of India (BOM:532885) has a PE Ratio without NRI of 6.34 as of Jul. 18, 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 Central Bank of India and its competitors. This is 58% below median its historical median of 15.22. Over the past decade, Central Bank of India's PE Ratio without NRI has ranged from 6.03 to 31.95. According to the industry distribution chart, Central Bank of India ranks #200 out of 1451 companies in the Banks industry, placing it in the top 13.8%.
Is Central Bank of India's PE Ratio without NRI too high?
Central Bank of India's current PE Ratio without NRI of 6.34 is 58% below median its 10-year median of 15.22. Over the past 10 years, this metric has ranged from a low of 6.03 to a high of 31.95. The Banks industry median PE Ratio without NRI is 11.65. Central Bank of India's value of 6.34 is 45.6% below this industry median. Based on the distribution chart, Central Bank of India ranks #200 out of 1451 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Central Bank of India has a GF Score™ of 60/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Central Bank of India's PE Ratio without NRI compare to competitors?
According to the Banks industry distribution chart, Central Bank of India ranks #200 out of 1451 companies for PE Ratio without NRI. This places Central Bank of India in the top 14% of its industry — outperforming the majority of peers. The industry median PE Ratio without NRI is 11.65. Central Bank of India's value of 6.34 is 45.6% below this benchmark. Historically, Central Bank of India's own PE Ratio without NRI has ranged from 6.03 to 31.95 over the past decade. While the company's 10-year median is 15.22 vs. the industry median of 11.65, Central Bank of India has consistently been below 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 a Banks company?
The median PE Ratio without NRI among Banks companies is 11.65, based on 1,451 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. Central Bank of India's current PE Ratio without NRI of 6.34 is 45.6% below 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 Central Bank of India and its competitors. For the Banks industry, the median PE Ratio without NRI is 11.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Central Bank of India's current PE Ratio without NRI is 6.34, which is 58% below median its own 10-year median of 15.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Central Bank of India stock overvalued right now?
Based on GuruFocus' analysis, Central Bank of India (BOM:532885) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹46.06, compared to a current price of ₹31.68 — trading 31.2% below its estimated fair value. The current PE Ratio without NRI is 6.34, which is 58% below median its 10-year median of 15.22 and 45.6% below the Banks industry median of 11.65. Central Bank of India's overall GF Score™ is 60/100 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 without NRI calculated?
PE Ratio without NRI is calculated from a company's financial statements. For Central Bank of India (BOM:532885), the current PE Ratio without NRI is 6.34 as of Jul. 18, 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 Central Bank of India (BOM:532885) Overvalued in 2026?

Based on GuruFocus' analysis, Central Bank of India stock appears to be undervalued. The current stock price of ₹31.68 is trading 31.2% below its estimated GF Value™ of ₹46.06. GuruFocus considers Central Bank of India to be Significantly Undervalued.

Key valuation signals for BOM:532885:

  • PE Ratio without NRI: 6.34 (58% below median its 10-year median of 15.22)
  • GF Value™: ₹46.06 vs. price of ₹31.68 (31.2% below fair value)
  • GF Score™: 60/100 with 3 warning signs
  • Industry Position: 45.6% below the Banks median (#200 of 1451)

No single metric tells the full story. See the BOM:532885 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Central Bank of India Business Description

Other Exchanges CENTRALBK:India
Address Chander Mukhi Building, 9th Floor, Nariman Point, Mumbai, MH, IND, 400021
Central Bank of India is a commercial bank based in India. Its business comprises predominantly corporate and retail banking operations, which it provides through its network of branches and online platforms. Its retail banking operations comprise deposits, loans and digital banking services, agri-banking and debit and credit card facilities tailor-made for individual customers and its corporate banking products serve institutional and corporate customers. Its other business lines are treasury and other banking operations which involves dealing in Government and other securities money market operations and forex operations.
60GF Score

Get the complete analysis for BOM:532885

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

₹31.68
Price
₹46.06
GF Value