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Adeshwar MeditexBOM:543309 63 PE Ratio without NRI is 18.52 as of Aug. 05, 2026, which is 1% below its 10-year median of 18.70. GuruFocus rates BOM:543309 with a GF Score™ of 63/100 and a GF Value™ of ₹15.09 (Fairly Valued). The stock has 7 warning signs investors should review. Among 448 Medical Devices & Instruments companies, Adeshwar Meditex ranks better than 63.39% 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 (2026-08-05), Adeshwar Meditex's share price is ₹16.30.
Adeshwar Meditex's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0.88. Therefore, Adeshwar Meditex's PE Ratio without NRI for today is 18.52.
During the past 9 years, Adeshwar Meditex's highest PE Ratio without NRI was 60.00. The lowest was 10.49. And the median was 18.70.
Adeshwar Meditex's EPS (Basic) for the
six
months ended in Mar. 2026 was ₹0.37.
Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0.88.
Adeshwar Meditex (BOM:543309) 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.
Adeshwar Meditex PE Ratio without NRI Related Terms
Adeshwar Meditex PE Ratio without NRI Historical Data
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The historical data trend for Adeshwar Meditex'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:543309 vs ISRG, BDX, MDLN: PE Ratio without NRI Comparison
For the Medical Instruments & Supplies subindustry, Adeshwar Meditex'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.
Adeshwar Meditex PE Ratio without NRI vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Adeshwar Meditex's PE Ratio without NRI distribution charts can be found below:
* The bar in red indicates where Adeshwar Meditex'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.
Adeshwar Meditex's PE Ratio without NRI for today is calculated as
Adeshwar Meditex's Share Price of today is ₹16.30.
For company reported semi-annually, Adeshwar Meditex'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 ₹0.88.
* 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.
Adeshwar Meditex (BOM:543309) has a PE Ratio without NRI of 18.52 as of Aug. 05, 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 Adeshwar Meditex and its competitors. This is near median its historical median of 18.70. Over the past decade, Adeshwar Meditex's PE Ratio without NRI has ranged from 10.49 to 60.00. According to the industry distribution chart, Adeshwar Meditex ranks #164 out of 448 companies in the Medical Devices & Instruments industry, placing it in the top 36.6%.
Is Adeshwar Meditex's PE Ratio without NRI too high?
Adeshwar Meditex's current PE Ratio without NRI of 18.52 is near median its 10-year median of 18.70. Over the past 10 years, this metric has ranged from a low of 10.49 to a high of 60.00. The Medical Devices & Instruments industry median PE Ratio without NRI is 24.05. Adeshwar Meditex's value of 18.52 is 23% below this industry median. Based on the distribution chart, Adeshwar Meditex ranks #164 out of 448 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Adeshwar Meditex has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Adeshwar Meditex's PE Ratio without NRI compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Adeshwar Meditex ranks #164 out of 448 companies for PE Ratio without NRI. This puts Adeshwar Meditex in the upper half of its industry. The industry median PE Ratio without NRI is 24.05. Adeshwar Meditex's value of 18.52 is 23% below this benchmark. Historically, Adeshwar Meditex's own PE Ratio without NRI has ranged from 10.49 to 60.00 over the past decade. While the company's 10-year median is 18.70 vs. the industry median of 24.05, Adeshwar Meditex 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 Medical Devices & Instruments company?
The median PE Ratio without NRI among Medical Devices & Instruments companies is 24.05, based on 448 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. Adeshwar Meditex's current PE Ratio without NRI of 18.52 is 23% 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 Adeshwar Meditex and its competitors. For the Medical Devices & Instruments industry, the median PE Ratio without NRI is 24.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adeshwar Meditex's current PE Ratio without NRI is 18.52, which is near median its own 10-year median of 18.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adeshwar Meditex stock overvalued right now?
Based on GuruFocus' analysis, Adeshwar Meditex (BOM:543309) is currently considered Fairly Valued. The stock's GF Value™ is ₹15.09, compared to a current price of ₹16.30 — trading 8% above its estimated fair value. The current PE Ratio without NRI is 18.52, which is near median its 10-year median of 18.70 and 23% below the Medical Devices & Instruments industry median of 24.05. Adeshwar Meditex's overall GF Score™ is 63/100 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 Adeshwar Meditex (BOM:543309), the current PE Ratio without NRI is 18.52 as of Aug. 05, 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 Adeshwar Meditex (BOM:543309) Overvalued in 2026?
Based on GuruFocus' analysis, Adeshwar Meditex stock appears to be overvalued.
The current stock price of ₹16.30 is trading 8% above its estimated GF Value™ of ₹15.09.
GuruFocus considers Adeshwar Meditex to be Fairly Valued.
Key valuation signals for BOM:543309:
PE Ratio without NRI: 18.52 (near median its 10-year median of 18.70)
GF Value™: ₹15.09 vs. price of ₹16.30 (8% above fair value)
Industry Position: 23% below the Medical Devices & Instruments median (#164 of 448)
No single metric tells the full story. See the BOM:543309 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Adeshwar Meditex Ltd is engaged in manufacturing surgical dressings and external preparations products such as Sterile surgical wound dressing, Combine dressing, Gauze Dressing and Cotton Products, Medical Bandages and Plaster, Antiseptics / Disinfectants, and others.
63GF Score
Get the complete analysis for BOM:543309
PE Ratio without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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