Northern Spirits (BOM:542628) PE Ratio without NRI: 0.29 (As of Aug. 03, 2026) — 98% Below Median

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BOM:542628 Northern Spirits Ltd BOM:542628
75 GF Score
Price ₹133.15
GF Value ₹337.11
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Northern Spirits PE Ratio without NRI?

Northern Spirits BOM:542628 +3.02% 75 PE Ratio without NRI is 0.29 as of Aug. 03, 2026, which is 98% below its 10-year median of 12.14. GuruFocus rates BOM:542628 with a GF Score™ of 75/100 and a GF Value™ of ₹337.11 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 152 Beverages - Alcoholic companies, Northern Spirits ranks better than 99.34% 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 (2026-08-03), Northern Spirits's share price is ₹133.15. Northern Spirits's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was ₹459.37. Therefore, Northern Spirits's PE Ratio without NRI for today is 0.29.

During the past 13 years, Northern Spirits's highest PE Ratio without NRI was 154.48. The lowest was 0.22. And the median was 12.14.

Northern Spirits's EPS without NRI for the three months ended in Mar. 2026 was ₹3.04. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was ₹459.37.

As of today (2026-08-03), Northern Spirits's share price is ₹133.15. Northern Spirits's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹459.37. Therefore, Northern Spirits's PE Ratio (TTM) for today is 0.29.

During the past years, Northern Spirits's highest PE Ratio (TTM) was 154.48. The lowest was 0.22. And the median was 12.14.

Northern Spirits's EPS (Diluted) for the three months ended in Mar. 2026 was ₹3.04. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹459.37.

Northern Spirits's EPS (Basic) for the three months ended in Mar. 2026 was ₹3.04. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹459.37.


Northern Spirits  (BOM:542628) 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.


Northern Spirits PE Ratio without NRI Related Terms


Northern Spirits PE Ratio without NRI Historical Data

* Premium members only.

The historical data trend for Northern Spirits'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.

Northern Spirits PE Ratio without NRI Chart

Northern Spirits 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 9.36 30.53 18.26 10.47 5.74

Northern Spirits Quarterly Data
Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 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 10.47 12.87 10.31 0.33 5.74

BOM:542628 vs BF.B: PE Ratio without NRI Comparison

For the Beverages - Wineries & Distilleries subindustry, Northern Spirits'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.


Northern Spirits PE Ratio without NRI vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Northern Spirits's PE Ratio without NRI distribution charts can be found below:

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


BOM:542628
75GF Score
Northern Spirits Ltd BOM:542628
PE Ratio without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Northern Spirits 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.

Northern Spirits's PE Ratio without NRI for today is calculated as

PE Ratio without NRI=Share Price/ EPS without NRI
=133.15/459.370
=0.29

Northern Spirits's Share Price of today is ₹133.15.
Northern Spirits'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 ₹459.37.

* 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 0.29 mean?
Northern Spirits (BOM:542628) has a PE Ratio without NRI of 0.29 as of Aug. 03, 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 Northern Spirits and its competitors. This is 98% below median its historical median of 12.14. Over the past decade, Northern Spirits' PE Ratio without NRI has ranged from 0.22 to 154.48. According to the industry distribution chart, Northern Spirits ranks #1 out of 152 companies in the Beverages - Alcoholic industry, placing it in the top 0.7%.
Is Northern Spirits' PE Ratio without NRI too high?
Northern Spirits' current PE Ratio without NRI of 0.29 is 98% below median its 10-year median of 12.14. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 154.48. The Beverages - Alcoholic industry median PE Ratio without NRI is 17.23. Northern Spirits' value of 0.29 is 98.3% below this industry median. Based on the distribution chart, Northern Spirits ranks #1 out of 152 companies in the Beverages - Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Northern Spirits has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Northern Spirits' PE Ratio without NRI compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Northern Spirits ranks #1 out of 152 companies for PE Ratio without NRI. This places Northern Spirits in the top 1% of its industry — outperforming the majority of peers. The industry median PE Ratio without NRI is 17.23. Northern Spirits' value of 0.29 is 98.3% below this benchmark. Historically, Northern Spirits' own PE Ratio without NRI has ranged from 0.22 to 154.48 over the past decade. While the company's 10-year median is 12.14 vs. the industry median of 17.23, Northern Spirits 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 Beverages - Alcoholic company?
The median PE Ratio without NRI among Beverages - Alcoholic companies is 17.23, based on 152 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. Northern Spirits's current PE Ratio without NRI of 0.29 is 98.3% 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 Northern Spirits and its competitors. For the Beverages - Alcoholic industry, the median PE Ratio without NRI is 17.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northern Spirits's current PE Ratio without NRI is 0.29, which is 98% below median its own 10-year median of 12.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Spirits stock overvalued right now?
Based on GuruFocus' analysis, Northern Spirits (BOM:542628) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹337.11, compared to a current price of ₹133.15 — trading 60.5% below its estimated fair value. The current PE Ratio without NRI is 0.29, which is 98% below median its 10-year median of 12.14 and 98.3% below the Beverages - Alcoholic industry median of 17.23. Northern Spirits' overall GF Score™ is 75/100 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 Northern Spirits (BOM:542628), the current PE Ratio without NRI is 0.29 as of Aug. 03, 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 Northern Spirits (BOM:542628) Overvalued in 2026?

Based on GuruFocus' analysis, Northern Spirits stock appears to be undervalued. The current stock price of ₹133.15 is trading 60.5% below its estimated GF Value™ of ₹337.11. GuruFocus considers Northern Spirits to be Significantly Undervalued.

Key valuation signals for BOM:542628:

  • PE Ratio without NRI: 0.29 (98% below median its 10-year median of 12.14)
  • GF Value™: ₹337.11 vs. price of ₹133.15 (60.5% below fair value)
  • GF Score™: 75/100 with 3 warning signs
  • Industry Position: 98.3% below the Beverages - Alcoholic median (#1 of 152)

No single metric tells the full story. See the BOM:542628 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Northern Spirits Business Description

Address 5A, Woodburn Park Road, Unit 603, 6th Floor, Woodburn Central, Kolkata, WB, IND, 700 020
Northern Spirits Ltd is involved in the import and distribution of wine and spirits business. The company offers Whisky, Vodka, GIN, Red and white wine, Beer, tequila, Shepherd Neame Beer, Amigos Beer, Carlo Rossi California Wines, Tomich Australian Wines, Cooper's Australian Beer, West Cork Irish Whiskey, Two Tree Gin, Reddot Wheat Beer, Aqua Riva Mexican Tequila and Organika Russian Vodka, and others.
75GF Score

Get the complete analysis for BOM:542628

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

₹133.15
Price
₹337.11
GF Value