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Vedant FashionsBOM:543463 -0.57%71 PE Ratio without NRI is 26.15 as of Aug. 01, 2026, which is 62% below its 10-year median of 69.42. GuruFocus rates BOM:543463 with a GF Score™ of 71/100 and a GF Value™ of ₹997.54 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 736 Manufacturing - Apparel & Accessories companies, Vedant Fashions ranks worse than 65.9% 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 (2026-08-01), Vedant Fashions's share price is ₹415.25.
Vedant Fashions's EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2026 was ₹15.88. Therefore, Vedant Fashions's PE Ratio without NRI for today is 26.15.
During the past 8 years, Vedant Fashions's highest PE Ratio without NRI was 100.08. The lowest was 23.76. And the median was 69.42.
Vedant Fashions Ltd stock PE Ratio (=26.15) is close to 5-year low of 23.76.
During the past years, Vedant Fashions's highestPE Ratio (TTM) was 100.08. The lowest was 23.76. And the median was 69.42.
Vedant Fashions's
EPS (Diluted) for the
three
months ended in Jun. 2026 was ₹3.32.
Its EPS (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ₹15.88.
Vedant Fashions's EPS (Basic) for the
three
months ended in Jun. 2026 was ₹3.32.
Its EPS (Basic) for the trailing twelve months (TTM) ended in Jun. 2026 was ₹15.89.
Vedant Fashions (BOM:543463) 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.
Vedant Fashions PE Ratio without NRI Related Terms
Vedant Fashions PE Ratio without NRI Historical Data
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The historical data trend for Vedant Fashions'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:543463 vs RL, LEVI, VFC: PE Ratio without NRI Comparison
For the Apparel Manufacturing subindustry, Vedant Fashions'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.
Vedant Fashions PE Ratio without NRI vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Vedant Fashions's PE Ratio without NRI distribution charts can be found below:
* The bar in red indicates where Vedant Fashions'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.
Vedant Fashions's PE Ratio without NRI for today is calculated as
Vedant Fashions's Share Price of today is ₹415.25.
Vedant Fashions's EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹15.88.
* 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.
Vedant Fashions (BOM:543463) has a PE Ratio without NRI of 26.15 as of Aug. 01, 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 Vedant Fashions and its competitors. This is 62% below median its historical median of 69.42. Over the past decade, Vedant Fashions' PE Ratio without NRI has ranged from 23.76 to 100.08. According to the industry distribution chart, Vedant Fashions ranks #485 out of 736 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 65.9%.
Is Vedant Fashions' PE Ratio without NRI too high?
Vedant Fashions' current PE Ratio without NRI of 26.15 is 62% below median its 10-year median of 69.42. Over the past 10 years, this metric has ranged from a low of 23.76 to a high of 100.08. The Manufacturing - Apparel & Accessories industry median PE Ratio without NRI is 17.01. Vedant Fashions' value of 26.15 is 53.8% above this industry median. Based on the distribution chart, Vedant Fashions ranks #485 out of 736 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Vedant Fashions has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vedant Fashions' PE Ratio without NRI compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Vedant Fashions ranks #485 out of 736 companies for PE Ratio without NRI. This places Vedant Fashions in the lower half of its industry. The industry median PE Ratio without NRI is 17.01. Vedant Fashions' value of 26.15 is 53.8% above this benchmark. Historically, Vedant Fashions' own PE Ratio without NRI has ranged from 23.76 to 100.08 over the past decade. While the company's 10-year median is 69.42 vs. the industry median of 17.01, Vedant Fashions 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 Manufacturing - Apparel & Accessories company?
The median PE Ratio without NRI among Manufacturing - Apparel & Accessories companies is 17.01, based on 736 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. Vedant Fashions's current PE Ratio without NRI of 26.15 is 53.8% 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 Vedant Fashions and its competitors. For the Manufacturing - Apparel & Accessories industry, the median PE Ratio without NRI is 17.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vedant Fashions's current PE Ratio without NRI is 26.15, which is 62% below median its own 10-year median of 69.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vedant Fashions stock overvalued right now?
Based on GuruFocus' analysis, Vedant Fashions (BOM:543463) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹997.54, compared to a current price of ₹415.25 — trading 58.4% below its estimated fair value. The current PE Ratio without NRI is 26.15, which is 62% below median its 10-year median of 69.42 and 53.8% above the Manufacturing - Apparel & Accessories industry median of 17.01. Vedant Fashions' overall GF Score™ is 71/100 with 1 warning sign 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 Vedant Fashions (BOM:543463), the current PE Ratio without NRI is 26.15 as of Aug. 01, 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 Vedant Fashions (BOM:543463) Overvalued in 2026?
Based on GuruFocus' analysis, Vedant Fashions stock appears to be undervalued.
The current stock price of ₹415.25 is trading 58.4% below its estimated GF Value™ of ₹997.54.
GuruFocus considers Vedant Fashions to be Significantly Undervalued.
Key valuation signals for BOM:543463:
PE Ratio without NRI: 26.15 (62% below median its 10-year median of 69.42)
GF Value™: ₹997.54 vs. price of ₹415.25 (58.4% below fair value)
Industry Position: 53.8% above the Manufacturing - Apparel & Accessories median (#485 of 736)
No single metric tells the full story. See the BOM:543463 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vedant Fashions Ltd is engaged in the men's Indian wedding and celebration wear segment.The Company has only one reportable segment i.e., branded fashion apparel and accessories. The company's products include men's ethnic and celebration wear items such as Indo-western, sherwanis, kurtas, jackets and accessories such as jutti, safa, mala, and women's ethnic and celebration wear items such as lehengas, sarees, stitched suits, gowns and kurtis.
71GF Score
Get the complete analysis for BOM:543463
PE Ratio without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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