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Shiva Granito ExportBOM:540072 62 PE Ratio without NRI is 1,832.86 as of Jul. 24, 2026, which is 7683% above its 10-year median of 23.55. GuruFocus rates BOM:540072 with a GF Score™ of 62/100 and a GF Value™ of ₹21.03 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 292 Building Materials companies, Shiva Granito Export ranks worse than 100% 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), Shiva Granito Export's share price is ₹12.83.
Shiva Granito Export's EPS without NRI for the trailing twelve months (TTM) ended in Sep. 2025 was ₹0.01. Therefore, Shiva Granito Export's PE Ratio without NRI for today is 1,832.86.
During the past 13 years, Shiva Granito Export's highest PE Ratio without NRI was 1832.86. The lowest was 2.90. And the median was 23.55.
Shiva Granito Export (BOM:540072) 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.
Shiva Granito Export PE Ratio without NRI Related Terms
Shiva Granito Export PE Ratio without NRI Historical Data
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The historical data trend for Shiva Granito Export'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:540072 vs CRH, VMC, MLM: PE Ratio without NRI Comparison
For the Building Materials subindustry, Shiva Granito Export'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.
Shiva Granito Export PE Ratio without NRI vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Shiva Granito Export's PE Ratio without NRI distribution charts can be found below:
* The bar in red indicates where Shiva Granito Export's PE Ratio without NRI falls into.
Shiva Granito Export 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.
Shiva Granito Export's Share Price of today is ₹12.83.
For company reported semi-annually, Shiva Granito Export's EPS without NRI for the trailing twelve months (TTM) ended in Sep. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹0.01.
* 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.
What does a PE Ratio without NRI of 1,832.86 mean?
Shiva Granito Export (BOM:540072) has a PE Ratio without NRI of 1,832.86 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 Shiva Granito Export and its competitors. This is 7683% above median its historical median of 23.55. Over the past decade, Shiva Granito Export's PE Ratio without NRI has ranged from 2.90 to 1,832.86. According to the industry distribution chart, Shiva Granito Export ranks #292 out of 292 companies in the Building Materials industry.
Is Shiva Granito Export's PE Ratio without NRI too high?
Shiva Granito Export's current PE Ratio without NRI of 1,832.86 is 7683% above median its 10-year median of 23.55. Over the past 10 years, this metric has ranged from a low of 2.90 to a high of 1,832.86. The Building Materials industry median PE Ratio without NRI is 16.28. Shiva Granito Export's value of 1,832.86 is 11158.4% above this industry median. Based on the distribution chart, Shiva Granito Export ranks #292 out of 292 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Shiva Granito Export has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shiva Granito Export's PE Ratio without NRI compare to CRH and VMC?
According to the Building Materials industry distribution chart, Shiva Granito Export ranks #292 out of 292 companies for PE Ratio without NRI. This places Shiva Granito Export in the lower half of its industry. The industry median PE Ratio without NRI is 16.28. Shiva Granito Export's value of 1,832.86 is 11158.4% above this benchmark. Historically, Shiva Granito Export's own PE Ratio without NRI has ranged from 2.90 to 1,832.86 over the past decade. While the company's 10-year median is 23.55 vs. the industry median of 16.28, Shiva Granito Export 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 Building Materials company?
The median PE Ratio without NRI among Building Materials companies is 16.28, based on 292 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. Shiva Granito Export's current PE Ratio without NRI of 1,832.86 is 11158.4% 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 Shiva Granito Export and its competitors. For the Building Materials industry, the median PE Ratio without NRI is 16.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shiva Granito Export's current PE Ratio without NRI is 1,832.86, which is 7683% above median its own 10-year median of 23.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shiva Granito Export stock overvalued right now?
Based on GuruFocus' analysis, Shiva Granito Export (BOM:540072) is currently considered Possible Value Trap. The stock's GF Value™ is ₹21.03, compared to a current price of ₹12.83 — trading 39% below its estimated fair value. The current PE Ratio without NRI is 1,832.86, which is 7683% above median its 10-year median of 23.55 and 11158.4% above the Building Materials industry median of 16.28. Shiva Granito Export's overall GF Score™ is 62/100 with 7 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 Shiva Granito Export (BOM:540072), the current PE Ratio without NRI is 1,832.86 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 Shiva Granito Export (BOM:540072) Overvalued in 2026?
Based on GuruFocus' analysis, Shiva Granito Export stock appears to be undervalued.
The current stock price of ₹12.83 is trading 39% below its estimated GF Value™ of ₹21.03.
GuruFocus considers Shiva Granito Export to be Possible Value Trap.
Key valuation signals for BOM:540072:
PE Ratio without NRI: 1,832.86 (7683% above median its 10-year median of 23.55)
GF Value™: ₹21.03 vs. price of ₹12.83 (39% below fair value)
Industry Position: 11158.4% above the Building Materials median (#292 of 292)
No single metric tells the full story. See the BOM:540072 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shiva Granito Export Ltd manufactures and exports marble and granite products to various international markets. The company also produces engineered quartz stone slabs, resins, and quartz powder. Its operations include quarrying, processing, and manufacturing of natural stone products, supported by a manufacturing facility with backward integration. Revenue is generated from the indigenous and export sales of its marble, granite, and engineered stone products, catering to customers in various countries.
62GF Score
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