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Vani CommercialsBOM:538918 -3.30%47 PE Ratio without NRI is 16.11 as of Aug. 11, 2026, which is 80% below its 10-year median of 81.01. GuruFocus rates BOM:538918 with a GF Score™ of 47/100 and a GF Value™ of ₹11.09 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 414 Credit Services companies, Vani Commercials ranks worse than 61.11% 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 (2026-08-11), Vani Commercials's share price is ₹7.91.
Vani Commercials's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was ₹0.49. Therefore, Vani Commercials's PE Ratio without NRI for today is 16.11.
During the past 12 years, Vani Commercials's highest PE Ratio without NRI was 5248.00. The lowest was 12.47. And the median was 81.01.
During the past years, Vani Commercials's highestPE Ratio (TTM) was 3498.67. The lowest was 18.33. And the median was 110.63.
Vani Commercials's
EPS (Diluted) for the
three
months ended in Dec. 2025 was ₹0.19.
Its EPS (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was ₹0.29.
Vani Commercials's EPS (Basic) for the
three
months ended in Dec. 2025 was ₹0.19.
Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2025 was ₹0.29.
Vani Commercials (BOM:538918) 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.
Vani Commercials PE Ratio without NRI Related Terms
Vani Commercials PE Ratio without NRI Historical Data
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The historical data trend for Vani Commercials'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:538918 vs V, MA, AXP: PE Ratio without NRI Comparison
For the Credit Services subindustry, Vani Commercials'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.
Vani Commercials PE Ratio without NRI vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Vani Commercials's PE Ratio without NRI distribution charts can be found below:
* The bar in red indicates where Vani Commercials'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.
Vani Commercials's PE Ratio without NRI for today is calculated as
Vani Commercials's Share Price of today is ₹7.91.
Vani Commercials's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0.49.
* 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.
Vani Commercials (BOM:538918) has a PE Ratio without NRI of 16.11 as of Aug. 11, 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 Vani Commercials and its competitors. This is 80% below median its historical median of 81.01. Over the past decade, Vani Commercials' PE Ratio without NRI has ranged from 12.47 to 5,248.00. According to the industry distribution chart, Vani Commercials ranks #253 out of 414 companies in the Credit Services industry, placing it in the top 61.1%.
Is Vani Commercials' PE Ratio without NRI too high?
Vani Commercials' current PE Ratio without NRI of 16.11 is 80% below median its 10-year median of 81.01. Over the past 10 years, this metric has ranged from a low of 12.47 to a high of 5,248.00. The Credit Services industry median PE Ratio without NRI is 12.36. Vani Commercials' value of 16.11 is 30.3% above this industry median. Based on the distribution chart, Vani Commercials ranks #253 out of 414 companies in the Credit Services industry, which is below the industry midpoint. Overall, Vani Commercials has a GF Score™ of 47/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vani Commercials' PE Ratio without NRI compare to V and MA?
According to the Credit Services industry distribution chart, Vani Commercials ranks #253 out of 414 companies for PE Ratio without NRI. This places Vani Commercials in the lower half of its industry. The industry median PE Ratio without NRI is 12.36. Vani Commercials' value of 16.11 is 30.3% above this benchmark. Historically, Vani Commercials' own PE Ratio without NRI has ranged from 12.47 to 5,248.00 over the past decade. While the company's 10-year median is 81.01 vs. the industry median of 12.36, Vani Commercials 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 a Credit Services company?
The median PE Ratio without NRI among Credit Services companies is 12.36, based on 414 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. Vani Commercials's current PE Ratio without NRI of 16.11 is 30.3% 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 Vani Commercials and its competitors. For the Credit Services industry, the median PE Ratio without NRI is 12.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vani Commercials's current PE Ratio without NRI is 16.11, which is 80% below median its own 10-year median of 81.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vani Commercials stock overvalued right now?
Based on GuruFocus' analysis, Vani Commercials (BOM:538918) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹11.09, compared to a current price of ₹7.91 — trading 28.7% below its estimated fair value. The current PE Ratio without NRI is 16.11, which is 80% below median its 10-year median of 81.01 and 30.3% above the Credit Services industry median of 12.36. Vani Commercials' overall GF Score™ is 47/100 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 Vani Commercials (BOM:538918), the current PE Ratio without NRI is 16.11 as of Aug. 11, 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 Vani Commercials (BOM:538918) Overvalued in 2026?
Based on GuruFocus' analysis, Vani Commercials stock appears to be undervalued.
The current stock price of ₹7.91 is trading 28.7% below its estimated GF Value™ of ₹11.09.
GuruFocus considers Vani Commercials to be Modestly Undervalued.
Key valuation signals for BOM:538918:
PE Ratio without NRI: 16.11 (80% below median its 10-year median of 81.01)
GF Value™: ₹11.09 vs. price of ₹7.91 (28.7% below fair value)
Industry Position: 30.3% above the Credit Services median (#253 of 414)
No single metric tells the full story. See the BOM:538918 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vani Commercials Ltd is an India-based non-banking finance company. Its product includes loans for the purchase of equipment and machinery, working capital loans, loans for business or capacity expansion, term loans against property, loans for the purchase of commercial property, and lease rental discounting. The company offers its lending services to Micro, Small, and Medium Enterprises. It derives key revenue from the Interest income.
47GF Score
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PE Ratio without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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