BlackRock Smaller Trust (CHIX:BRSCL) PE Ratio without NRI: 9.37 (As of Jul. 04, 2026) — 21% Above Median


CHIX:BRSCL BlackRock Smaller Companies Trust PLC CHIX:BRSCL
37 GF Score
Price £2.72
! 1 Warning Sign
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What is BlackRock Smaller Trust PE Ratio without NRI?

BlackRock Smaller Trust CHIX:BRSCL 37 PE Ratio without NRI is 9.37 as of Jul. 04, 2026, which is 21% above its 10-year median of 7.77. GuruFocus rates CHIX:BRSCL with a GF Score™ of 37/100. The stock has 1 warning sign investors should review. Among 1,199 Asset Management companies, BlackRock Smaller Trust ranks better than 61.47% 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 (2026-07-04), BlackRock Smaller Trust's share price is £2.716. BlackRock Smaller Trust's EPS without NRI for the trailing twelve months (TTM) ended in Feb. 2026 was £0.29. Therefore, BlackRock Smaller Trust's PE Ratio without NRI for today is 9.37.

During the past 13 years, BlackRock Smaller Trust's highest PE Ratio without NRI was 25.37. The lowest was 3.82. And the median was 7.77.

BlackRock Smaller Trust's EPS without NRI for the six months ended in Feb. 2026 was £0.23. Its EPS without NRI for the trailing twelve months (TTM) ended in Feb. 2026 was £0.29.

As of today (2026-07-04), BlackRock Smaller Trust's share price is £2.716. BlackRock Smaller Trust's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Feb. 2026 was £0.29. Therefore, BlackRock Smaller Trust's PE Ratio (TTM) for today is 9.37.

During the past years, BlackRock Smaller Trust's highest PE Ratio (TTM) was 25.37. The lowest was 3.82. And the median was 7.77.

BlackRock Smaller Trust's EPS (Diluted) for the six months ended in Feb. 2026 was £0.23. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Feb. 2026 was £0.29.

BlackRock Smaller Trust's EPS (Basic) for the six months ended in Feb. 2026 was £0.23. Its EPS (Basic) for the trailing twelve months (TTM) ended in Feb. 2026 was £0.29.


BlackRock Smaller Trust  (CHIX:BRSCl) 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.


BlackRock Smaller Trust PE Ratio without NRI Related Terms


BlackRock Smaller Trust PE Ratio without NRI Historical Data

* Premium members only.

The historical data trend for BlackRock Smaller Trust'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.

BlackRock Smaller Trust PE Ratio without NRI Chart

BlackRock Smaller Trust Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
PE Ratio without NRI
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.21 N/A At Loss At Loss 9.67

BlackRock Smaller Trust Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 At Loss At Loss 9.67

CHIX:BRSCL vs BLK, BX, KKR: PE Ratio without NRI Comparison

For the Asset Management subindustry, BlackRock Smaller Trust'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.


BlackRock Smaller Trust PE Ratio without NRI vs Asset Management Industry

For the Asset Management industry and Financial Services sector, BlackRock Smaller Trust's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where BlackRock Smaller Trust's PE Ratio without NRI falls into.


CHIX:BRSCL
37GF Score
BlackRock Smaller Companies Trust PLC CHIX:BRSCL
PE Ratio without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
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BlackRock Smaller Trust 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.

BlackRock Smaller Trust's PE Ratio without NRI for today is calculated as

PE Ratio without NRI=Share Price/ EPS without NRI
=2.716/0.290
=9.37

BlackRock Smaller Trust's Share Price of today is £2.716.
For company reported semi-annually, BlackRock Smaller Trust's EPS without NRI for the trailing twelve months (TTM) ended in Feb. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.29.

* 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 9.37 mean?
BlackRock Smaller Trust (CHIX:BRSCL) has a PE Ratio without NRI of 9.37 as of Jul. 04, 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 BlackRock Smaller Trust and its competitors. This is 21% above median its historical median of 7.77. Over the past decade, BlackRock Smaller Trust's PE Ratio without NRI has ranged from 3.82 to 25.37. According to the industry distribution chart, BlackRock Smaller Trust ranks #462 out of 1199 companies in the Asset Management industry, placing it in the top 38.5%.
Is BlackRock Smaller Trust's PE Ratio without NRI too high?
BlackRock Smaller Trust's current PE Ratio without NRI of 9.37 is 21% above median its 10-year median of 7.77. Over the past 10 years, this metric has ranged from a low of 3.82 to a high of 25.37. The Asset Management industry median PE Ratio without NRI is 11.69. BlackRock Smaller Trust's value of 9.37 is 19.8% below this industry median. Based on the distribution chart, BlackRock Smaller Trust ranks #462 out of 1199 companies in the Asset Management industry, which is above the industry midpoint. Overall, BlackRock Smaller Trust has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does BlackRock Smaller Trust's PE Ratio without NRI compare to BLK and BX?
According to the Asset Management industry distribution chart, BlackRock Smaller Trust ranks #462 out of 1199 companies for PE Ratio without NRI. This puts BlackRock Smaller Trust in the upper half of its industry. The industry median PE Ratio without NRI is 11.69. BlackRock Smaller Trust's value of 9.37 is 19.8% below this benchmark. Historically, BlackRock Smaller Trust's own PE Ratio without NRI has ranged from 3.82 to 25.37 over the past decade. While the company's 10-year median is 7.77 vs. the industry median of 11.69, BlackRock Smaller Trust 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 an Asset Management company?
The median PE Ratio without NRI among Asset Management companies is 11.69, based on 1,199 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. BlackRock Smaller Trust's current PE Ratio without NRI of 9.37 is 19.8% 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 BlackRock Smaller Trust and its competitors. For the Asset Management industry, the median PE Ratio without NRI is 11.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BlackRock Smaller Trust's current PE Ratio without NRI is 9.37, which is 21% above median its own 10-year median of 7.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BlackRock Smaller Trust stock overvalued right now?
BlackRock Smaller Trust (CHIX:BRSCL) has a current PE Ratio without NRI of 9.37. The current PE Ratio without NRI is 9.37, which is 21% above median its 10-year median of 7.77 and 19.8% below the Asset Management industry median of 11.69. BlackRock Smaller Trust's overall GF Score™ is 37/100 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 BlackRock Smaller Trust (CHIX:BRSCL), the current PE Ratio without NRI is 9.37 as of Jul. 04, 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.

BlackRock Smaller Trust Business Description

Other Exchanges BRSC:UK
Address 20 Brandon Street, Dundas House, Edinburgh, GBR, EH3 5PP
BlackRock Smaller Companies Trust PLC is a UK-based investment trust company. Its investment objective is to achieve long-term capital growth for shareholders through investment mainly in smaller UK quoted companies. The company mainly attracts long-term private and institutional investors wanting to benefit from the growth prospects of smaller companies. It focuses on investing UK smaller companies which are listed on the London Stock Exchange or on the Alternative Investment Market. The firm has adopted a consistent investment process, focusing on good quality growth companies that are trading well and it also considers sector weightings and underlying themes and method of stock selection.
37GF Score

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