Triveni Turbine (BOM:533655) PE Ratio without NRI: 53.69 (As of Jul. 24, 2026) — 27% Above Median

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BOM:533655 Triveni Turbine Ltd BOM:533655
95 GF Score
Price ₹609.75
GF Value ₹680.66
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Triveni Turbine PE Ratio without NRI?

Triveni Turbine BOM:533655 -0.71% 95 PE Ratio without NRI is 53.69 as of Jul. 24, 2026, which is 27% above its 10-year median of 42.37. GuruFocus rates BOM:533655 with a GF Score™ of 95/100 and a GF Value™ of ₹680.66 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,275 Industrial Products companies, Triveni Turbine ranks worse than 76.79% 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 (2026-07-24), Triveni Turbine's share price is ₹609.75. Triveni Turbine's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was ₹11.36. Therefore, Triveni Turbine's PE Ratio without NRI for today is 53.69.

During the past 13 years, Triveni Turbine's highest PE Ratio without NRI was 89.43. The lowest was 12.20. And the median was 42.37.

Triveni Turbine's EPS without NRI for the three months ended in Mar. 2026 was ₹3.21. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was ₹11.36.

As of today (2026-07-24), Triveni Turbine's share price is ₹609.75. Triveni Turbine's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹11.00. Therefore, Triveni Turbine's PE Ratio (TTM) for today is 55.43.

During the past years, Triveni Turbine's highest PE Ratio (TTM) was 89.43. The lowest was 12.10. And the median was 38.08.

Triveni Turbine's EPS (Diluted) for the three months ended in Mar. 2026 was ₹3.21. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹11.00.

Triveni Turbine's EPS (Basic) for the three months ended in Mar. 2026 was ₹3.21. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹11.00.


Triveni Turbine  (BOM:533655) 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.


Triveni Turbine PE Ratio without NRI Related Terms


Triveni Turbine PE Ratio without NRI Historical Data

* Premium members only.

The historical data trend for Triveni Turbine'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.

Triveni Turbine PE Ratio without NRI Chart

Triveni Turbine 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 58.28 61.79 69.13 49.82 38.67

Triveni Turbine 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 49.82 56.79 47.98 48.32 38.67

BOM:533655 vs GEV, ETN, PH: PE Ratio without NRI Comparison

For the Specialty Industrial Machinery subindustry, Triveni Turbine'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.


Triveni Turbine PE Ratio without NRI vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Triveni Turbine's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where Triveni Turbine's PE Ratio without NRI falls into.


BOM:533655
95GF Score
Triveni Turbine Ltd BOM:533655
PE Ratio without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
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Triveni Turbine 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.

Triveni Turbine's PE Ratio without NRI for today is calculated as

PE Ratio without NRI=Share Price/ EPS without NRI
=609.75/11.356
=53.69

Triveni Turbine's Share Price of today is ₹609.75.
Triveni Turbine'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 ₹11.36.

* 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 53.69 mean?
Triveni Turbine (BOM:533655) has a PE Ratio without NRI of 53.69 as of Jul. 24, 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 Triveni Turbine and its competitors. This is 27% above median its historical median of 42.37. Over the past decade, Triveni Turbine's PE Ratio without NRI has ranged from 12.20 to 89.43. According to the industry distribution chart, Triveni Turbine ranks #1747 out of 2275 companies in the Industrial Products industry, placing it in the top 76.8%.
Is Triveni Turbine's PE Ratio without NRI too high?
Triveni Turbine's current PE Ratio without NRI of 53.69 is 27% above median its 10-year median of 42.37. Over the past 10 years, this metric has ranged from a low of 12.20 to a high of 89.43. The Industrial Products industry median PE Ratio without NRI is 25.71. Triveni Turbine's value of 53.69 is 108.8% above this industry median. Based on the distribution chart, Triveni Turbine ranks #1747 out of 2275 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Triveni Turbine has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Triveni Turbine's PE Ratio without NRI compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Triveni Turbine ranks #1747 out of 2275 companies for PE Ratio without NRI. This places Triveni Turbine in the lower half of its industry. The industry median PE Ratio without NRI is 25.71. Triveni Turbine's value of 53.69 is 108.8% above this benchmark. Historically, Triveni Turbine's own PE Ratio without NRI has ranged from 12.20 to 89.43 over the past decade. While the company's 10-year median is 42.37 vs. the industry median of 25.71, Triveni Turbine 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 25.71, based on 2,275 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. Triveni Turbine's current PE Ratio without NRI of 53.69 is 108.8% 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 Triveni Turbine and its competitors. For the Industrial Products industry, the median PE Ratio without NRI is 25.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Triveni Turbine's current PE Ratio without NRI is 53.69, which is 27% above median its own 10-year median of 42.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Triveni Turbine stock overvalued right now?
Based on GuruFocus' analysis, Triveni Turbine (BOM:533655) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹680.66, compared to a current price of ₹609.75 — trading 10.4% below its estimated fair value. The current PE Ratio without NRI is 53.69, which is 27% above median its 10-year median of 42.37 and 108.8% above the Industrial Products industry median of 25.71. Triveni Turbine's overall GF Score™ is 95/100 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 Triveni Turbine (BOM:533655), the current PE Ratio without NRI is 53.69 as of Jul. 24, 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 Triveni Turbine (BOM:533655) Overvalued in 2026?

Based on GuruFocus' analysis, Triveni Turbine stock appears to be undervalued. The current stock price of ₹609.75 is trading 10.4% below its estimated GF Value™ of ₹680.66. GuruFocus considers Triveni Turbine to be Modestly Undervalued.

Key valuation signals for BOM:533655:

  • PE Ratio without NRI: 53.69 (27% above median its 10-year median of 42.37)
  • GF Value™: ₹680.66 vs. price of ₹609.75 (10.4% below fair value)
  • GF Score™: 95/100 with 3 warning signs
  • Industry Position: 108.8% above the Industrial Products median (#1747 of 2275)

No single metric tells the full story. See the BOM:533655 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Triveni Turbine Business Description

Other Exchanges TRITURBINE:India
Address Express Trade Towers, 8th Floor, 15-16, Sector 16A, Noida, UP, IND, 201301
Triveni Turbine Ltd is an India-based company that supplies power-generating equipment and solutions. The company offers back-pressure and condensing steam turbines, related spare parts, and aftermarket services. In addition, the company owns a partial stake in GE Triveni Limited, a joint venture cofounded by General Electric and Triveni Turbine. This joint venture offers a portfolio of steam turbine products in the globalised industrial power-generation market. Triveni Turbine's products are used in sectors including sugar, distillery, palm oil, independent power producers, and textiles. The company generates the majority of its sales from the Indian domestic market.
95GF Score

Get the complete analysis for BOM:533655

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

₹609.75
Price
₹680.66
GF Value