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 (2026-07-03), Hapvida Participacoes Investimento's share price is R$10.41.
Hapvida Participacoes Investimento's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was R$0.07. Therefore, Hapvida Participacoes Investimento's PE Ratio without NRI for today is 148.71.
During the past 12 years, Hapvida Participacoes Investimento's highest PE Ratio without NRI was 2893.90. The lowest was 15.91. And the median was 61.68.
Hapvida Participacoes Investimento (BSP:HAPV3) 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.
Hapvida Participacoes Investimento PE Ratio without NRI Related Terms
Hapvida Participacoes Investimento PE Ratio without NRI Historical Data
* 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.
Hapvida Participacoes Investimento PE Ratio without NRI Chart
BSP:HAPV3 vs AFL, MET, PRU: PE Ratio without NRI Comparison
For the Insurance - Life subindustry, Hapvida Participacoes Investimento'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.
Hapvida Participacoes Investimento PE Ratio without NRI vs Insurance Industry
For the Insurance industry and Financial Services sector, Hapvida Participacoes Investimento's PE Ratio without NRI distribution charts can be found below:
* The bar in red indicates where Hapvida Participacoes Investimento's PE Ratio without NRI falls into.
Hapvida Participacoes Investimento 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.
Hapvida Participacoes Investimento's Share Price of today is R$10.41.
Hapvida Participacoes Investimento'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 R$0.07.
* 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.
Hapvida Participacoes Investimento (BSP:HAPV3) has a PE Ratio without NRI of 148.71 as of Jul. 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 Hapvida Participacoes Investimento and its competitors. This is 141% above median its historical median of 61.68. Over the past decade, Hapvida Participacoes Investimento's PE Ratio without NRI has ranged from 15.91 to 2,893.90. According to the industry distribution chart, Hapvida Participacoes Investimento ranks #439 out of 450 companies in the Insurance industry, placing it in the top 97.6%.
Is Hapvida Participacoes Investimento's PE Ratio without NRI too high?
Hapvida Participacoes Investimento's current PE Ratio without NRI of 148.71 is 141% above median its 10-year median of 61.68. Over the past 10 years, this metric has ranged from a low of 15.91 to a high of 2,893.90. The Insurance industry median PE Ratio without NRI is 12.03. Hapvida Participacoes Investimento's value of 148.71 is 1136.7% above this industry median. Based on the distribution chart, Hapvida Participacoes Investimento ranks #439 out of 450 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Hapvida Participacoes Investimento has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hapvida Participacoes Investimento's PE Ratio without NRI compare to AFL and MET?
According to the Insurance industry distribution chart, Hapvida Participacoes Investimento ranks #439 out of 450 companies for PE Ratio without NRI. This places Hapvida Participacoes Investimento in the lower half of its industry. The industry median PE Ratio without NRI is 12.03. Hapvida Participacoes Investimento's value of 148.71 is 1136.7% above this benchmark. Historically, Hapvida Participacoes Investimento's own PE Ratio without NRI has ranged from 15.91 to 2,893.90 over the past decade. While the company's 10-year median is 61.68 vs. the industry median of 12.03, Hapvida Participacoes Investimento 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 an Insurance company?
The median PE Ratio without NRI among Insurance companies is 12.03, based on 450 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. Hapvida Participacoes Investimento's current PE Ratio without NRI of 148.71 is 1136.7% 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 Hapvida Participacoes Investimento and its competitors. For the Insurance industry, the median PE Ratio without NRI is 12.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hapvida Participacoes Investimento's current PE Ratio without NRI is 148.71, which is 141% above median its own 10-year median of 61.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hapvida Participacoes Investimento stock overvalued right now?
Based on GuruFocus' analysis, Hapvida Participacoes Investimento (BSP:HAPV3) is currently considered Possible Value Trap. The stock's GF Value™ is R$54.54, compared to a current price of R$10.41 — trading 80.9% below its estimated fair value. The current PE Ratio without NRI is 148.71, which is 141% above median its 10-year median of 61.68 and 1136.7% above the Insurance industry median of 12.03. Hapvida Participacoes Investimento's overall GF Score™ is 67/100 with 5 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 Hapvida Participacoes Investimento (BSP:HAPV3), the current PE Ratio without NRI is 148.71 as of Jul. 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 Hapvida Participacoes Investimento (BSP:HAPV3) Overvalued in 2026?
Based on GuruFocus' analysis, Hapvida Participacoes Investimento stock appears to be undervalued.
The current stock price of R$10.41 is trading 80.9% below its estimated GF Value™ of R$54.54.
GuruFocus considers Hapvida Participacoes Investimento to be Possible Value Trap.
Key valuation signals for BSP:HAPV3:
PE Ratio without NRI: 148.71 (141% above median its 10-year median of 61.68)
GF Value™: R$54.54 vs. price of R$10.41 (80.9% below fair value)
Industry Position: 1136.7% above the Insurance median (#439 of 450)
No single metric tells the full story. See the BSP:HAPV3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hapvida Participacoes Investimento Business Description
Hapvida Participacoes Investimento SA is the medical-hospital and dental care company. The company and its subsidiaries are mainly engaged in the sale of health insurance plans and delivering the majority of medical assistance at its own hospitals, clinics, imaging diagnostics and laboratories; and the sale of dental insurance plans for services provided by an accredited network.
67GF 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.
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