Societe des Boissons du Maroc (CAS:SBM) PE Ratio without NRI: 23.10 (As of Jun. 30, 2026) — 16% Above Median


CAS:SBM Societe des Boissons du Maroc CAS:SBM
84 GF Score
Price MAD2,130.00
GF Value MAD2,567.14
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Societe des Boissons du Maroc PE Ratio without NRI?

Societe des Boissons du Maroc CAS:SBM +5.86% 84 PE Ratio without NRI is 23.10 as of Jun. 30, 2026, which is 16% above its 10-year median of 19.83. GuruFocus rates CAS:SBM with a GF Score™ of 84/100 and a GF Value™ of MAD2,567.14 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 153 Beverages - Alcoholic companies, Societe des Boissons du Maroc ranks worse than 62.75% 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 (2026-06-30), Societe des Boissons du Maroc's share price is MAD2130.00. Societe des Boissons du Maroc's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was MAD92.22. Therefore, Societe des Boissons du Maroc's PE Ratio without NRI for today is 23.10.

During the past 13 years, Societe des Boissons du Maroc's highest PE Ratio without NRI was 23.42. The lowest was 15.62. And the median was 19.83.

Societe des Boissons du Maroc's EPS without NRI for the six months ended in Dec. 2025 was MAD92.22. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was MAD92.22.

As of today (2026-06-30), Societe des Boissons du Maroc's share price is MAD2130.00. Societe des Boissons du Maroc's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was MAD90.48. Therefore, Societe des Boissons du Maroc's PE Ratio (TTM) for today is 23.54.

Good Sign:

Societe des Boissons du Maroc stock PE Ratio (=16.58) is close to 10-year low of 16.07.

During the past years, Societe des Boissons du Maroc's highest PE Ratio (TTM) was 24.74. The lowest was 16.07. And the median was 20.94.

Societe des Boissons du Maroc's EPS (Diluted) for the six months ended in Dec. 2025 was MAD90.48. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was MAD90.48.

Societe des Boissons du Maroc's EPS (Basic) for the six months ended in Dec. 2025 was MAD90.48. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2025 was MAD90.48.


Societe des Boissons du Maroc  (CAS:SBM) 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.


Societe des Boissons du Maroc PE Ratio without NRI Related Terms


Societe des Boissons du Maroc PE Ratio without NRI Historical Data

* Premium members only.

The historical data trend for Societe des Boissons du Maroc'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.

Societe des Boissons du Maroc PE Ratio without NRI Chart

Societe des Boissons du Maroc Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PE Ratio without NRI
Get a 7-Day Free Trial Premium Member Only Premium Member Only N/A N/A N/A N/A 18.35

Societe des Boissons du Maroc Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 Premium Member Only Premium Member Only Premium Member Only N/A At Loss N/A At Loss 18.35

CAS:SBM vs BF.B: PE Ratio without NRI Comparison

For the Beverages - Wineries & Distilleries subindustry, Societe des Boissons du Maroc'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.


Societe des Boissons du Maroc PE Ratio without NRI vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Societe des Boissons du Maroc's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where Societe des Boissons du Maroc's PE Ratio without NRI falls into.


CAS:SBM
84GF Score
Societe des Boissons du Maroc CAS:SBM
PE Ratio without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
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Societe des Boissons du Maroc 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.

Societe des Boissons du Maroc's PE Ratio without NRI for today is calculated as

PE Ratio without NRI=Share Price/ EPS without NRI
=2130.00/92.218
=23.1

Societe des Boissons du Maroc's Share Price of today is MAD2130.00.
For company reported semi-annually, Societe des Boissons du Maroc's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was MAD92.22.

* 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 23.10 mean?
Societe des Boissons du Maroc (CAS:SBM) has a PE Ratio without NRI of 23.10 as of Jun. 30, 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 Societe des Boissons du Maroc and its competitors. This is 16% above median its historical median of 19.83. Over the past decade, Societe des Boissons du Maroc's PE Ratio without NRI has ranged from 15.62 to 23.42. According to the industry distribution chart, Societe des Boissons du Maroc ranks #96 out of 153 companies in the Beverages - Alcoholic industry, placing it in the top 62.7%.
Is Societe des Boissons du Maroc's PE Ratio without NRI too high?
Societe des Boissons du Maroc's current PE Ratio without NRI of 23.10 is 16% above median its 10-year median of 19.83. Over the past 10 years, this metric has ranged from a low of 15.62 to a high of 23.42. The Beverages - Alcoholic industry median PE Ratio without NRI is 16.61. Societe des Boissons du Maroc's value of 23.10 is 39.1% above this industry median. Based on the distribution chart, Societe des Boissons du Maroc ranks #96 out of 153 companies in the Beverages - Alcoholic industry, which is below the industry midpoint. Overall, Societe des Boissons du Maroc has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Societe des Boissons du Maroc's PE Ratio without NRI compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Societe des Boissons du Maroc ranks #96 out of 153 companies for PE Ratio without NRI. This places Societe des Boissons du Maroc in the lower half of its industry. The industry median PE Ratio without NRI is 16.61. Societe des Boissons du Maroc's value of 23.10 is 39.1% above this benchmark. Historically, Societe des Boissons du Maroc's own PE Ratio without NRI has ranged from 15.62 to 23.42 over the past decade. While the company's 10-year median is 19.83 vs. the industry median of 16.61, Societe des Boissons du Maroc 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 Beverages - Alcoholic company?
The median PE Ratio without NRI among Beverages - Alcoholic companies is 16.61, based on 153 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. Societe des Boissons du Maroc's current PE Ratio without NRI of 23.10 is 39.1% 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 Societe des Boissons du Maroc and its competitors. For the Beverages - Alcoholic industry, the median PE Ratio without NRI is 16.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Societe des Boissons du Maroc's current PE Ratio without NRI is 23.10, which is 16% above median its own 10-year median of 19.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Societe des Boissons du Maroc stock overvalued right now?
Based on GuruFocus' analysis, Societe des Boissons du Maroc (CAS:SBM) is currently considered Modestly Undervalued. The stock's GF Value™ is MAD2,567.14, compared to a current price of MAD2,130.00 — trading 17% below its estimated fair value. The current PE Ratio without NRI is 23.10, which is 16% above median its 10-year median of 19.83 and 39.1% above the Beverages - Alcoholic industry median of 16.61. Societe des Boissons du Maroc's overall GF Score™ is 84/100 with 2 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 Societe des Boissons du Maroc (CAS:SBM), the current PE Ratio without NRI is 23.10 as of Jun. 30, 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 Societe des Boissons du Maroc (CAS:SBM) Overvalued in 2026?

Based on GuruFocus' analysis, Societe des Boissons du Maroc stock appears to be undervalued. The current stock price of MAD2,130.00 is trading 17% below its estimated GF Value™ of MAD2,567.14. GuruFocus considers Societe des Boissons du Maroc to be Modestly Undervalued.

Key valuation signals for CAS:SBM:

  • PE Ratio without NRI: 23.10 (16% above median its 10-year median of 19.83)
  • GF Value™: MAD2,567.14 vs. price of MAD2,130.00 (17% below fair value)
  • GF Score™: 84/100 with 2 warning signs
  • Industry Position: 39.1% above the Beverages - Alcoholic median (#96 of 153)

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


Societe des Boissons du Maroc Business Description

Address No. 38 Boulevard Ain Ifrane, Lot Alamia, Sidi Moumen, Casablanca, MAR, 20400
Societe des Boissons du Maroc is a Morocco-based company engaged in the business of manufacturing wine, beer, soft drinks and mineral water.
84GF Score

Get the complete analysis for CAS:SBM

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

MAD2,130.00
Price
MAD2,567.14
GF Value