Niks Technology (BOM:543282) PE Ratio without NRI: 67.77 (As of Jul. 24, 2026) — 38% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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:543282 Niks Technology Ltd BOM:543282
84 GF Score
Price ₹276.50
GF Value ₹419.71
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Niks Technology PE Ratio without NRI?

Niks Technology BOM:543282 84 PE Ratio without NRI is 67.77 as of Jul. 24, 2026, which is 38% above its 10-year median of 49.16. GuruFocus rates BOM:543282 with a GF Score™ of 84/100 and a GF Value™ of ₹419.71 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,727 Software companies, Niks Technology ranks worse than 85.99% 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), Niks Technology's share price is ₹276.50. Niks Technology's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was ₹4.08. Therefore, Niks Technology's PE Ratio without NRI for today is 67.77.

During the past 9 years, Niks Technology's highest PE Ratio without NRI was 7495.12. The lowest was 28.79. And the median was 49.16.

Niks Technology's EPS without NRI for the six months ended in Mar. 2026 was ₹1.42. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was ₹4.08.

As of today (2026-07-24), Niks Technology's share price is ₹276.50. Niks Technology's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹4.08. Therefore, Niks Technology's PE Ratio (TTM) for today is 67.77.

During the past years, Niks Technology's highest PE Ratio (TTM) was 7682.50. The lowest was 28.79. And the median was 49.16.

Niks Technology's EPS (Diluted) for the six months ended in Mar. 2026 was ₹1.42. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹4.08.

Niks Technology's EPS (Basic) for the six months ended in Mar. 2026 was ₹1.42. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹4.08.


Niks Technology  (BOM:543282) 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.


Niks Technology PE Ratio without NRI Related Terms


Niks Technology PE Ratio without NRI Historical Data

* Premium members only.

The historical data trend for Niks Technology'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.

Niks Technology PE Ratio without NRI Chart

Niks Technology Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PE Ratio without NRI
Get a 7-Day Free Trial Premium Member Only 6,146.34 36.70 43.58 52.91 106.62

Niks Technology Semi-Annual Data
Mar18 Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 43.58 At Loss 52.91 At Loss 106.62

BOM:543282 vs IBM, ACN, FISV: PE Ratio without NRI Comparison

For the Information Technology Services subindustry, Niks Technology'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.


Niks Technology PE Ratio without NRI vs Software Industry

For the Software industry and Technology sector, Niks Technology's PE Ratio without NRI distribution charts can be found below:

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


BOM:543282
84GF Score
Niks Technology Ltd BOM:543282
PE Ratio without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Niks Technology 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.

Niks Technology's PE Ratio without NRI for today is calculated as

PE Ratio without NRI=Share Price/ EPS without NRI
=276.50/4.080
=67.77

Niks Technology's Share Price of today is ₹276.50.
For company reported semi-annually, Niks Technology's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹4.08.

* 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 67.77 mean?
Niks Technology (BOM:543282) has a PE Ratio without NRI of 67.77 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 Niks Technology and its competitors. This is 38% above median its historical median of 49.16. Over the past decade, Niks Technology's PE Ratio without NRI has ranged from 28.79 to 7,495.12. According to the industry distribution chart, Niks Technology ranks #1485 out of 1727 companies in the Software industry, placing it in the top 86%.
Is Niks Technology's PE Ratio without NRI too high?
Niks Technology's current PE Ratio without NRI of 67.77 is 38% above median its 10-year median of 49.16. Over the past 10 years, this metric has ranged from a low of 28.79 to a high of 7,495.12. The Software industry median PE Ratio without NRI is 20.08. Niks Technology's value of 67.77 is 237.5% above this industry median. Based on the distribution chart, Niks Technology ranks #1485 out of 1727 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Niks Technology has a GF Score™ of 84/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Niks Technology's PE Ratio without NRI compare to IBM and ACN?
According to the Software industry distribution chart, Niks Technology ranks #1485 out of 1727 companies for PE Ratio without NRI. This places Niks Technology in the lower half of its industry. The industry median PE Ratio without NRI is 20.08. Niks Technology's value of 67.77 is 237.5% above this benchmark. Historically, Niks Technology's own PE Ratio without NRI has ranged from 28.79 to 7,495.12 over the past decade. While the company's 10-year median is 49.16 vs. the industry median of 20.08, Niks Technology 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 Software company?
The median PE Ratio without NRI among Software companies is 20.08, based on 1,727 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. Niks Technology's current PE Ratio without NRI of 67.77 is 237.5% 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 Niks Technology and its competitors. For the Software industry, the median PE Ratio without NRI is 20.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Niks Technology's current PE Ratio without NRI is 67.77, which is 38% above median its own 10-year median of 49.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Niks Technology stock overvalued right now?
Based on GuruFocus' analysis, Niks Technology (BOM:543282) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹419.71, compared to a current price of ₹276.50 — trading 34.1% below its estimated fair value. The current PE Ratio without NRI is 67.77, which is 38% above median its 10-year median of 49.16 and 237.5% above the Software industry median of 20.08. Niks Technology's overall GF Score™ is 84/100 with 4 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 Niks Technology (BOM:543282), the current PE Ratio without NRI is 67.77 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 Niks Technology (BOM:543282) Overvalued in 2026?

Based on GuruFocus' analysis, Niks Technology stock appears to be undervalued. The current stock price of ₹276.50 is trading 34.1% below its estimated GF Value™ of ₹419.71. GuruFocus considers Niks Technology to be Significantly Undervalued.

Key valuation signals for BOM:543282:

  • PE Ratio without NRI: 67.77 (38% above median its 10-year median of 49.16)
  • GF Value™: ₹419.71 vs. price of ₹276.50 (34.1% below fair value)
  • GF Score™: 84/100 with 4 warning signs
  • Industry Position: 237.5% above the Software median (#1485 of 1727)

No single metric tells the full story. See the BOM:543282 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Niks Technology Business Description

Address Old Bypass Main Road, Flat No. 501, Shiv Laxmi Plaza, Opposite Rajendra Nagar Terminal, Kankarbagh, Patna, BR, IND, 800020
Niks Technology Ltd is an information technology solution service provider company. It offers a range of services such as cyber security, digital marketing, software development, website development, mobile app development, android app development, and classroom training and certification courses to students through offline and online routes.
84GF Score

Get the complete analysis for BOM:543282

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

₹276.50
Price
₹419.71
GF Value