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Qatar Navigation QSCDSMD:QNNS -0.22%100 PE Ratio without NRI is 9.92 as of Jul. 22, 2026, which is 1% below its 10-year median of 10.06. GuruFocus rates DSMD:QNNS with a GF Score™ of 100/100 and a GF Value™ of ر.ق12.95 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 795 Transportation companies, Qatar Navigation QSC ranks better than 73.08% 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 (2026-07-22), Qatar Navigation QSC's share price is ر.ق9.973.
Qatar Navigation QSC's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was ر.ق1.01. Therefore, Qatar Navigation QSC's PE Ratio without NRI for today is 9.92.
During the past 13 years, Qatar Navigation QSC's highest PE Ratio without NRI was 13.79. The lowest was 6.69. And the median was 10.06.
Qatar Navigation QSC's EPS (Basic) for the
three
months ended in Mar. 2026 was ر.ق0.26.
Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was ر.ق1.05.
Qatar Navigation QSC (DSMD:QNNS) 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.
Qatar Navigation QSC PE Ratio without NRI Related Terms
Qatar Navigation QSC PE Ratio without NRI Historical Data
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The historical data trend for Qatar Navigation QSC'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.
For the Marine Shipping subindustry, Qatar Navigation QSC'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.
Qatar Navigation QSC PE Ratio without NRI vs Transportation Industry
For the Transportation industry and Industrials sector, Qatar Navigation QSC's PE Ratio without NRI distribution charts can be found below:
* The bar in red indicates where Qatar Navigation QSC's PE Ratio without NRI falls into.
Qatar Navigation QSC 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.
Qatar Navigation QSC's Share Price of today is ر.ق9.973.
Qatar Navigation QSC'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 ر.ق1.01.
* 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.
Qatar Navigation QSC (DSMD:QNNS) has a PE Ratio without NRI of 9.92 as of Jul. 22, 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 Qatar Navigation QSC and its competitors. This is near median its historical median of 10.06. Over the past decade, Qatar Navigation QSC's PE Ratio without NRI has ranged from 6.69 to 13.79. According to the industry distribution chart, Qatar Navigation QSC ranks #214 out of 795 companies in the Transportation industry, placing it in the top 26.9%.
Is Qatar Navigation QSC's PE Ratio without NRI too high?
Qatar Navigation QSC's current PE Ratio without NRI of 9.92 is near median its 10-year median of 10.06. Over the past 10 years, this metric has ranged from a low of 6.69 to a high of 13.79. The Transportation industry median PE Ratio without NRI is 15.63. Qatar Navigation QSC's value of 9.92 is 36.5% below this industry median. Based on the distribution chart, Qatar Navigation QSC ranks #214 out of 795 companies in the Transportation industry, which is above the industry midpoint. Overall, Qatar Navigation QSC has a GF Score™ of 100/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Qatar Navigation QSC's PE Ratio without NRI compare to KEX?
According to the Transportation industry distribution chart, Qatar Navigation QSC ranks #214 out of 795 companies for PE Ratio without NRI. This puts Qatar Navigation QSC in the upper half of its industry. The industry median PE Ratio without NRI is 15.63. Qatar Navigation QSC's value of 9.92 is 36.5% below this benchmark. Historically, Qatar Navigation QSC's own PE Ratio without NRI has ranged from 6.69 to 13.79 over the past decade. While the company's 10-year median is 10.06 vs. the industry median of 15.63, Qatar Navigation QSC 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 Transportation company?
The median PE Ratio without NRI among Transportation companies is 15.63, based on 795 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. Qatar Navigation QSC's current PE Ratio without NRI of 9.92 is 36.5% 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 Qatar Navigation QSC and its competitors. For the Transportation industry, the median PE Ratio without NRI is 15.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qatar Navigation QSC's current PE Ratio without NRI is 9.92, which is near median its own 10-year median of 10.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qatar Navigation QSC stock overvalued right now?
Based on GuruFocus' analysis, Qatar Navigation QSC (DSMD:QNNS) is currently considered Modestly Undervalued. The stock's GF Value™ is ر.ق12.95, compared to a current price of ر.ق9.97 — trading 23% below its estimated fair value. The current PE Ratio without NRI is 9.92, which is near median its 10-year median of 10.06 and 36.5% below the Transportation industry median of 15.63. Qatar Navigation QSC's overall GF Score™ is 100/100 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 Qatar Navigation QSC (DSMD:QNNS), the current PE Ratio without NRI is 9.92 as of Jul. 22, 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 Qatar Navigation QSC (DSMD:QNNS) Overvalued in 2026?
Based on GuruFocus' analysis, Qatar Navigation QSC stock appears to be undervalued.
The current stock price of ر.ق9.97 is trading 23% below its estimated GF Value™ of ر.ق12.95.
GuruFocus considers Qatar Navigation QSC to be Modestly Undervalued.
Key valuation signals for DSMD:QNNS:
PE Ratio without NRI: 9.92 (near median its 10-year median of 10.06)
GF Value™: ر.ق12.95 vs. price of ر.ق9.97 (23% below fair value)
Industry Position: 36.5% below the Transportation median (#214 of 795)
No single metric tells the full story. See the DSMD:QNNS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Qatar Navigation QSC company provides diversified maritime and logistics companies in the Middle East with a focus on providing integrated transport and supply chain solutions. Milaha's current activities include Maritime and Logistics; Gas and Petrochem; Offshore Marine; Marine and Technical Services; and Capital. The Segment includes Milaha Capital, Milaha Maritime and Logistics, Milaha Offshore, Milaha Tradings, Milaha Gas and Petrochem, Milaha Corporate. Maximum of revenue is from Milaha Gas and Petrochem segment. Geographically operates in Qatar, Singapore, UAE, Germany, India, with maximum revenue from Qatar.
100GF Score
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