Aritas Vinyl (BOM:544683) PE Ratio without NRI: 11.15 (As of Aug. 08, 2026) — 142% Above Median

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BOM:544683 Aritas Vinyl Ltd BOM:544683
13 GF Score
Price ₹13.60
! 3 Warning Signs
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What is Aritas Vinyl PE Ratio without NRI?

Aritas Vinyl BOM:544683 -0.37% 13 PE Ratio without NRI is 11.15 as of Aug. 08, 2026, which is 142% above its 10-year median of 4.61. GuruFocus rates BOM:544683 with a GF Score™ of 13/100. The stock has 3 warning signs investors should review. Among 738 Manufacturing - Apparel & Accessories companies, Aritas Vinyl ranks better than 74.39% 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 (2026-08-08), Aritas Vinyl's share price is ₹13.60. Aritas Vinyl's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was ₹1.22. Therefore, Aritas Vinyl's PE Ratio without NRI for today is 11.15.

During the past 5 years, Aritas Vinyl's highest PE Ratio without NRI was 21.47. The lowest was 3.68. And the median was 4.61.

Aritas Vinyl's EPS without NRI for the six months ended in Mar. 2026 was ₹1.22. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was ₹1.22.

As of today (2026-08-08), Aritas Vinyl's share price is ₹13.60. Aritas Vinyl's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹1.22. Therefore, Aritas Vinyl's PE Ratio (TTM) for today is 11.15.

Good Sign:

Aritas Vinyl Ltd stock PE Ratio (=3.68) is close to 1-year low of 3.68.

During the past years, Aritas Vinyl's highest PE Ratio (TTM) was 21.47. The lowest was 3.68. And the median was 4.61.

Aritas Vinyl's EPS (Diluted) for the six months ended in Mar. 2026 was ₹1.22. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹1.22.

Aritas Vinyl's EPS (Basic) for the six months ended in Mar. 2026 was ₹1.22. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹1.22.


Aritas Vinyl  (BOM:544683) 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.


Aritas Vinyl PE Ratio without NRI Related Terms


Aritas Vinyl PE Ratio without NRI Historical Data

* Premium members only.

The historical data trend for Aritas Vinyl'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.

Aritas Vinyl PE Ratio without NRI Chart

Aritas Vinyl Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
PE Ratio without NRI
N/A N/A N/A N/A 4.19

Aritas Vinyl Semi-Annual Data
Mar22 Mar23 Mar24 Mar25 Mar26
PE Ratio without NRI At Loss N/A N/A N/A 4.19

BOM:544683 vs RL, LEVI, VFC: PE Ratio without NRI Comparison

For the Apparel Manufacturing subindustry, Aritas Vinyl'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.


Aritas Vinyl PE Ratio without NRI vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Aritas Vinyl's PE Ratio without NRI distribution charts can be found below:

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


BOM:544683
13GF Score
Aritas Vinyl Ltd BOM:544683
PE Ratio without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
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Aritas Vinyl 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.

Aritas Vinyl's PE Ratio without NRI for today is calculated as

PE Ratio without NRI=Share Price/ EPS without NRI
=13.60/1.220
=11.15

Aritas Vinyl's Share Price of today is ₹13.60.
For company reported semi-annually, Aritas Vinyl'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 ₹1.22.

* 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 11.15 mean?
Aritas Vinyl (BOM:544683) has a PE Ratio without NRI of 11.15 as of Aug. 08, 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 Aritas Vinyl and its competitors. This is 142% above median its historical median of 4.61. Over the past decade, Aritas Vinyl's PE Ratio without NRI has ranged from 3.68 to 21.47. According to the industry distribution chart, Aritas Vinyl ranks #189 out of 738 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 25.6%.
Is Aritas Vinyl's PE Ratio without NRI too high?
Aritas Vinyl's current PE Ratio without NRI of 11.15 is 142% above median its 10-year median of 4.61. Over the past 10 years, this metric has ranged from a low of 3.68 to a high of 21.47. The Manufacturing - Apparel & Accessories industry median PE Ratio without NRI is 17.34. Aritas Vinyl's value of 11.15 is 35.7% below this industry median. Based on the distribution chart, Aritas Vinyl ranks #189 out of 738 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Aritas Vinyl has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Aritas Vinyl's PE Ratio without NRI compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Aritas Vinyl ranks #189 out of 738 companies for PE Ratio without NRI. This puts Aritas Vinyl in the upper half of its industry. The industry median PE Ratio without NRI is 17.34. Aritas Vinyl's value of 11.15 is 35.7% below this benchmark. Historically, Aritas Vinyl's own PE Ratio without NRI has ranged from 3.68 to 21.47 over the past decade. While the company's 10-year median is 4.61 vs. the industry median of 17.34, Aritas Vinyl 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 Manufacturing - Apparel & Accessories company?
The median PE Ratio without NRI among Manufacturing - Apparel & Accessories companies is 17.34, based on 738 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. Aritas Vinyl's current PE Ratio without NRI of 11.15 is 35.7% 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 Aritas Vinyl and its competitors. For the Manufacturing - Apparel & Accessories industry, the median PE Ratio without NRI is 17.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aritas Vinyl's current PE Ratio without NRI is 11.15, which is 142% above median its own 10-year median of 4.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aritas Vinyl stock overvalued right now?
Aritas Vinyl (BOM:544683) has a current PE Ratio without NRI of 11.15. The current PE Ratio without NRI is 11.15, which is 142% above median its 10-year median of 4.61 and 35.7% below the Manufacturing - Apparel & Accessories industry median of 17.34. Aritas Vinyl's overall GF Score™ is 13/100 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 Aritas Vinyl (BOM:544683), the current PE Ratio without NRI is 11.15 as of Aug. 08, 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.

Aritas Vinyl Business Description

Address Survey No. 1134, Near Elegant Vinyl Private Limited, Daskroi, Ahmedabad, GJ, IND, 382430
Aritas Vinyl Ltd is engaged in the manufacture of artificial leather, including PVC leather cloth, PVC vinyl, soft board, and PVC fabrics produced from PVC materials. These products are supplied for use in a range of applications, including travel goods, personal accessories, toys, stationery items, footwear, apparel, and other related products. The company operates in a single segment i.e. Artificial Leather (PVC Leather Cloth) Manufacturing. Geographically, it exports to various countries including Greece, Oman, UAE, etc. The company derives revenue from the sale of its products, with the majority generated from its sales in the domestic markets.
13GF Score

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

₹13.60
Price