ELIAF (Elia Group/NV) PE Ratio without NRI: 21.78 (As of Jun. 29, 2026) — Near Median


ELIAF Elia Group SA/NV ELIAF
83 GF Score
Price $154.75
GF Value $104.87
Valuation Significantly Overvalued
! 12 Warning Signs
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What is Elia Group/NV PE Ratio without NRI?

Elia Group/NV ELIAF 83 PE Ratio without NRI is 21.78 as of Jun. 29, 2026, which is 9% above its 10-year median of 19.96. GuruFocus rates ELIAF with a GF Score™ of 83/100 and a GF Value™ of $104.87 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 452 Utilities - Regulated companies, Elia Group/NV ranks worse than 74.12% 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 (2026-06-29), Elia Group/NV's share price is $154.75. Elia Group/NV's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was $7.11. Therefore, Elia Group/NV's PE Ratio without NRI for today is 21.78.

During the past 13 years, Elia Group/NV's highest PE Ratio without NRI was 37.19. The lowest was 10.78. And the median was 19.96.

Elia Group/NV's EPS without NRI for the six months ended in Dec. 2025 was $3.77. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was $7.11.

As of today (2026-06-29), Elia Group/NV's share price is $154.75. Elia Group/NV's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was $6.40. Therefore, Elia Group/NV's PE Ratio (TTM) for today is 24.18.

Warning Sign:

Elia Group SA/NV stock PE Ratio (=25.14) is close to 3-year high of 26.64.

During the past years, Elia Group/NV's highest PE Ratio (TTM) was 38.98. The lowest was 10.95. And the median was 20.66.

Elia Group/NV's EPS (Diluted) for the six months ended in Dec. 2025 was $3.06. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was $6.40.

Elia Group/NV's EPS (Basic) for the six months ended in Dec. 2025 was $3.06. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2025 was $6.40.


Elia Group/NV  (OTCPK:ELIAF) 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.


Elia Group/NV PE Ratio without NRI Related Terms


Elia Group/NV PE Ratio without NRI Historical Data

* Premium members only.

The historical data trend for Elia Group/NV'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.

Elia Group/NV PE Ratio without NRI Chart

Elia Group/NV 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 27.33 26.70 24.92 12.74 18.00

Elia Group/NV 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 24.92 At Loss 12.74 At Loss 18.00

ELIAF vs NEE, SO, DUK: PE Ratio without NRI Comparison

For the Utilities - Regulated Electric subindustry, Elia Group/NV'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.


Elia Group/NV PE Ratio without NRI vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Elia Group/NV's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where Elia Group/NV's PE Ratio without NRI falls into.


ELIAF
83GF Score
Elia Group SA/NV ELIAF
PE Ratio without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Elia Group/NV 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.

Elia Group/NV's PE Ratio without NRI for today is calculated as

PE Ratio without NRI=Share Price/ EPS without NRI
=154.75/7.105
=21.78

Elia Group/NV's Share Price of today is $154.75.
For company reported semi-annually, Elia Group/NV'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 $7.11.

* 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 21.78 mean?
Elia Group/NV (ELIAF) has a PE Ratio without NRI of 21.78 as of Jun. 29, 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 Elia Group/NV and its competitors. This is near median its historical median of 19.96. Over the past decade, Elia Group/NV's PE Ratio without NRI has ranged from 10.78 to 37.19. According to the industry distribution chart, Elia Group/NV ranks #335 out of 452 companies in the Utilities - Regulated industry, placing it in the top 74.1%.
Is Elia Group/NV's PE Ratio without NRI too high?
Elia Group/NV's current PE Ratio without NRI of 21.78 is near median its 10-year median of 19.96. Over the past 10 years, this metric has ranged from a low of 10.78 to a high of 37.19. The Utilities - Regulated industry median PE Ratio without NRI is 14.94. Elia Group/NV's value of 21.78 is 45.8% above this industry median. Based on the distribution chart, Elia Group/NV ranks #335 out of 452 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Elia Group/NV has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Elia Group/NV's PE Ratio without NRI compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Elia Group/NV ranks #335 out of 452 companies for PE Ratio without NRI. This places Elia Group/NV in the lower half of its industry. The industry median PE Ratio without NRI is 14.94. Elia Group/NV's value of 21.78 is 45.8% above this benchmark. Historically, Elia Group/NV's own PE Ratio without NRI has ranged from 10.78 to 37.19 over the past decade. While the company's 10-year median is 19.96 vs. the industry median of 14.94, Elia Group/NV 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 Utilities - Regulated company?
The median PE Ratio without NRI among Utilities - Regulated companies is 14.94, based on 452 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. Elia Group/NV's current PE Ratio without NRI of 21.78 is 45.8% 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 Elia Group/NV and its competitors. For the Utilities - Regulated industry, the median PE Ratio without NRI is 14.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elia Group/NV's current PE Ratio without NRI is 21.78, which is near median its own 10-year median of 19.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elia Group/NV stock overvalued right now?
Based on GuruFocus' analysis, Elia Group/NV (ELIAF) is currently considered Significantly Overvalued. The stock's GF Value™ is $104.87, compared to a current price of $154.75 — trading 47.6% above its estimated fair value. The current PE Ratio without NRI is 21.78, which is near median its 10-year median of 19.96 and 45.8% above the Utilities - Regulated industry median of 14.94. Elia Group/NV's overall GF Score™ is 83/100 with 12 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 Elia Group/NV (ELIAF), the current PE Ratio without NRI is 21.78 as of Jun. 29, 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 Elia Group/NV (ELIAF) Overvalued in 2026?

Based on GuruFocus' analysis, Elia Group/NV stock appears to be overvalued. The current stock price of $154.75 is trading 47.6% above its estimated GF Value™ of $104.87. GuruFocus considers Elia Group/NV to be Significantly Overvalued.

Key valuation signals for ELIAF:

  • PE Ratio without NRI: 21.78 (near median its 10-year median of 19.96)
  • GF Value™: $104.87 vs. price of $154.75 (47.6% above fair value)
  • GF Score™: 83/100 with 12 warning signs
  • Industry Position: 45.8% above the Utilities - Regulated median (#335 of 452)

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


Elia Group/NV Business Description

Address 20 Boulevard de l’Empereur, Brussels, BEL, 1000
Elia Group SA/NV is a utility company that owns and develops electric grids in Central Europe. Elia maintains and operates high-voltage equipment and infrastructure projects, such as power lines, cables, and transformers. The company mainly generates revenue by serving as the electricity transmission system operator in both Germany and Belgium, where it provides electric grid usage. These countries also house many of the firm's energy infrastructure investments. Elia's operating segments are: 50Hertz Transmission Germany, which derives maximum revenue, Elia Transmission Belgium, and Non-regulated activities and Nemo Link. Geographically, it generates maximum revenue from Germany, and the rest from Belgium, Other EU countries, North America, and Asia and Africa.
83GF Score

Get the complete analysis for ELIAF

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

$154.75
Price
$104.87
GF Value