Altarea SCA (CHIX:ALTAP) PE Ratio without NRI: 99.64 (As of Jun. 28, 2026) — 738% Above Median


CHIX:ALTAP Altarea SCA CHIX:ALTAP
66 GF Score
Price €96.95
GF Value €77.30
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Altarea SCA PE Ratio without NRI?

Altarea SCA CHIX:ALTAP 66 PE Ratio without NRI is 99.64 as of Jun. 28, 2026, which is 738% above its 10-year median of 11.89. GuruFocus rates CHIX:ALTAP with a GF Score™ of 66/100 and a GF Value™ of €77.30 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 753 REITs companies, Altarea SCA ranks worse than 94.29% 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 (2026-06-28), Altarea SCA's share price is €96.95. Altarea SCA's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was €0.97. Therefore, Altarea SCA's PE Ratio without NRI for today is 99.64.

During the past 13 years, Altarea SCA's highest PE Ratio without NRI was 594.88. The lowest was 4.01. And the median was 11.89.

Altarea SCA's EPS without NRI for the six months ended in Dec. 2025 was €-0.09. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was €0.97.

As of today (2026-06-28), Altarea SCA's share price is €96.95. Altarea SCA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €0.36. Therefore, Altarea SCA's PE Ratio (TTM) for today is 269.31.

Good Sign:

Altarea SCA stock PE Ratio (=268.65) is close to 2-year low of 261.89.

During the past years, Altarea SCA's highest PE Ratio (TTM) was 403.57. The lowest was 4.23. And the median was 12.03.

Altarea SCA's EPS (Diluted) for the six months ended in Dec. 2025 was €-0.06. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €0.36.

Altarea SCA's EPS (Basic) for the six months ended in Dec. 2025 was €-0.06. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2025 was €0.37.


Altarea SCA  (CHIX:ALTAp) 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.


Altarea SCA PE Ratio without NRI Related Terms


Altarea SCA PE Ratio without NRI Historical Data

* Premium members only.

The historical data trend for Altarea SCA'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.

Altarea SCA PE Ratio without NRI Chart

Altarea SCA 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 14.22 13.47 At Loss 33.17 131.73

Altarea SCA Semi-Annual Data
Jun16 Dec16 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 Premium Member Only Premium Member Only At Loss At Loss 33.17 At Loss 131.73

CHIX:ALTAP vs AVB, EQR, ESS: PE Ratio without NRI Comparison

For the REIT - Residential subindustry, Altarea SCA'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.


Altarea SCA PE Ratio without NRI vs REITs Industry

For the REITs industry and Real Estate sector, Altarea SCA's PE Ratio without NRI distribution charts can be found below:

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


CHIX:ALTAP
66GF Score
Altarea SCA CHIX:ALTAP
PE Ratio without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
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Altarea SCA 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.

Altarea SCA's PE Ratio without NRI for today is calculated as

PE Ratio without NRI=Share Price/ EPS without NRI
=96.95/0.973
=99.64

Altarea SCA's Share Price of today is €96.95.
For company reported semi-annually, Altarea SCA'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 €0.97.

* 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 99.64 mean?
Altarea SCA (CHIX:ALTAP) has a PE Ratio without NRI of 99.64 as of Jun. 28, 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 Altarea SCA and its competitors. This is 738% above median its historical median of 11.89. Over the past decade, Altarea SCA's PE Ratio without NRI has ranged from 4.01 to 594.88. According to the industry distribution chart, Altarea SCA ranks #710 out of 753 companies in the REITs industry, placing it in the top 94.3%.
Is Altarea SCA's PE Ratio without NRI too high?
Altarea SCA's current PE Ratio without NRI of 99.64 is 738% above median its 10-year median of 11.89. Over the past 10 years, this metric has ranged from a low of 4.01 to a high of 594.88. The REITs industry median PE Ratio without NRI is 13.99. Altarea SCA's value of 99.64 is 612.2% above this industry median. Based on the distribution chart, Altarea SCA ranks #710 out of 753 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Altarea SCA has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Altarea SCA's PE Ratio without NRI compare to AVB and EQR?
According to the REITs industry distribution chart, Altarea SCA ranks #710 out of 753 companies for PE Ratio without NRI. This places Altarea SCA in the lower half of its industry. The industry median PE Ratio without NRI is 13.99. Altarea SCA's value of 99.64 is 612.2% above this benchmark. Historically, Altarea SCA's own PE Ratio without NRI has ranged from 4.01 to 594.88 over the past decade. While the company's 10-year median is 11.89 vs. the industry median of 13.99, Altarea SCA 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 REITs company?
The median PE Ratio without NRI among REITs companies is 13.99, based on 753 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. Altarea SCA's current PE Ratio without NRI of 99.64 is 612.2% 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 Altarea SCA and its competitors. For the REITs industry, the median PE Ratio without NRI is 13.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Altarea SCA's current PE Ratio without NRI is 99.64, which is 738% above median its own 10-year median of 11.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altarea SCA stock overvalued right now?
Based on GuruFocus' analysis, Altarea SCA (CHIX:ALTAP) is currently considered Significantly Overvalued. The stock's GF Value™ is €77.30, compared to a current price of €96.95 — trading 25.4% above its estimated fair value. The current PE Ratio without NRI is 99.64, which is 738% above median its 10-year median of 11.89 and 612.2% above the REITs industry median of 13.99. Altarea SCA's overall GF Score™ is 66/100 with 6 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 Altarea SCA (CHIX:ALTAP), the current PE Ratio without NRI is 99.64 as of Jun. 28, 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 Altarea SCA (CHIX:ALTAP) Overvalued in 2026?

Based on GuruFocus' analysis, Altarea SCA stock appears to be overvalued. The current stock price of €96.95 is trading 25.4% above its estimated GF Value™ of €77.30. GuruFocus considers Altarea SCA to be Significantly Overvalued.

Key valuation signals for CHIX:ALTAP:

  • PE Ratio without NRI: 99.64 (738% above median its 10-year median of 11.89)
  • GF Value™: €77.30 vs. price of €96.95 (25.4% above fair value)
  • GF Score™: 66/100 with 6 warning signs
  • Industry Position: 612.2% above the REITs median (#710 of 753)

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


Altarea SCA Business Description

Industry Real EstateREITs
Address 87 rue de Richelieu, Paris, FRA, 75008
Altarea SCA is a real estate investment trust predominantly engaged in the acquisition, development, and management of properties throughout Western and Southern Europe. The company's real estate portfolio is composed of residential, retail, office, and mixed-use spaces. Altarea derives the majority of its revenue from rental income related to the leasing of its real estate assets. Its operating segments are; Retail; Residential; Business property; New businesses; and Others. Maximum rental income is generated from the Retail segment which consists of shopping centers under management or development. Geographically, it generates maximum revenue from France and the rest from Italy, Spain, and other regions.
66GF Score

Get the complete analysis for CHIX:ALTAP

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

€96.95
Price
€77.30
GF Value