Top Glove Bhd (FRA:5OU) PE Ratio without NRI: 22.39 (As of Jun. 30, 2026) — 24% Below Median


FRA:5OU Top Glove Corp Bhd FRA:5OU
49 GF Score
Price €0.52
GF Value €0.89
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Top Glove Bhd PE Ratio without NRI?

Top Glove Bhd FRA:5OU 49 PE Ratio without NRI is 22.39 as of Jun. 30, 2026, which is 24% below its 10-year median of 29.45. GuruFocus rates FRA:5OU with a GF Score™ of 49/100 and a GF Value™ of €0.89 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 446 Medical Devices & Instruments companies, Top Glove Bhd ranks worse than 53.36% 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), Top Glove Bhd's share price is €0.515. Top Glove Bhd's EPS without NRI for the trailing twelve months (TTM) ended in May. 2026 was €0.02. Therefore, Top Glove Bhd's PE Ratio without NRI for today is 22.39.

During the past 13 years, Top Glove Bhd's highest PE Ratio without NRI was 117.25. The lowest was 2.41. And the median was 29.45.

Top Glove Bhd's EPS without NRI for the three months ended in May. 2026 was €0.01. Its EPS without NRI for the trailing twelve months (TTM) ended in May. 2026 was €0.02.

As of today (2026-06-30), Top Glove Bhd's share price is €0.515. Top Glove Bhd's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in May. 2026 was €0.02. Therefore, Top Glove Bhd's PE Ratio (TTM) for today is 25.75.

Good Sign:

Top Glove Corp Bhd stock PE Ratio (=28.54) is close to 3-year low of 28.54.

During the past years, Top Glove Bhd's highest PE Ratio (TTM) was 117.25. The lowest was 2.41. And the median was 29.76.

Top Glove Bhd's EPS (Diluted) for the three months ended in May. 2026 was €0.01. Its EPS (Diluted) for the trailing twelve months (TTM) ended in May. 2026 was €0.02.

Top Glove Bhd's EPS (Basic) for the three months ended in May. 2026 was €0.01. Its EPS (Basic) for the trailing twelve months (TTM) ended in May. 2026 was €0.02.


Top Glove Bhd  (FRA:5OU) 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.


Top Glove Bhd PE Ratio without NRI Related Terms


Top Glove Bhd PE Ratio without NRI Historical Data

* Premium members only.

The historical data trend for Top Glove Bhd'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.

Top Glove Bhd PE Ratio without NRI Chart

Top Glove Bhd Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
PE Ratio without NRI
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.18 26.83 At Loss At Loss 97.50

Top Glove Bhd Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 101.25 97.50 33.06 32.22 28.75

FRA:5OU vs ISRG, BDX, MDLN: PE Ratio without NRI Comparison

For the Medical Instruments & Supplies subindustry, Top Glove Bhd'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.


Top Glove Bhd PE Ratio without NRI vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Top Glove Bhd's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where Top Glove Bhd's PE Ratio without NRI falls into.


FRA:5OU
49GF Score
Top Glove Corp Bhd FRA:5OU
PE Ratio without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
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Top Glove Bhd 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.

Top Glove Bhd's PE Ratio without NRI for today is calculated as

PE Ratio without NRI=Share Price/ EPS without NRI
=0.515/0.023
=22.39

Top Glove Bhd's Share Price of today is €0.515.
Top Glove Bhd's EPS without NRI for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.02.

* 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 22.39 mean?
Top Glove Bhd (FRA:5OU) has a PE Ratio without NRI of 22.39 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 Top Glove Bhd and its competitors. This is 24% below median its historical median of 29.45. Over the past decade, Top Glove Bhd's PE Ratio without NRI has ranged from 2.41 to 117.25. According to the industry distribution chart, Top Glove Bhd ranks #238 out of 446 companies in the Medical Devices & Instruments industry, placing it in the top 53.4%.
Is Top Glove Bhd's PE Ratio without NRI too high?
Top Glove Bhd's current PE Ratio without NRI of 22.39 is 24% below median its 10-year median of 29.45. Over the past 10 years, this metric has ranged from a low of 2.41 to a high of 117.25. The Medical Devices & Instruments industry median PE Ratio without NRI is 23.51. Top Glove Bhd's value of 22.39 is 4.8% below this industry median. Based on the distribution chart, Top Glove Bhd ranks #238 out of 446 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Top Glove Bhd has a GF Score™ of 49/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Top Glove Bhd's PE Ratio without NRI compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Top Glove Bhd ranks #238 out of 446 companies for PE Ratio without NRI. This places Top Glove Bhd in the lower half of its industry. The industry median PE Ratio without NRI is 23.51. Top Glove Bhd's value of 22.39 is 4.8% below this benchmark. Historically, Top Glove Bhd's own PE Ratio without NRI has ranged from 2.41 to 117.25 over the past decade. While the company's 10-year median is 29.45 vs. the industry median of 23.51, Top Glove Bhd 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 Medical Devices & Instruments company?
The median PE Ratio without NRI among Medical Devices & Instruments companies is 23.51, based on 446 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. Top Glove Bhd's current PE Ratio without NRI of 22.39 is 4.8% 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 Top Glove Bhd and its competitors. For the Medical Devices & Instruments industry, the median PE Ratio without NRI is 23.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Top Glove Bhd's current PE Ratio without NRI is 22.39, which is 24% below median its own 10-year median of 29.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Top Glove Bhd stock overvalued right now?
Based on GuruFocus' analysis, Top Glove Bhd (FRA:5OU) is currently considered Significantly Undervalued. The stock's GF Value™ is €0.89, compared to a current price of €0.52 — trading 42.1% below its estimated fair value. The current PE Ratio without NRI is 22.39, which is 24% below median its 10-year median of 29.45 and 4.8% below the Medical Devices & Instruments industry median of 23.51. Top Glove Bhd's overall GF Score™ is 49/100 with 3 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 Top Glove Bhd (FRA:5OU), the current PE Ratio without NRI is 22.39 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 Top Glove Bhd (FRA:5OU) Overvalued in 2026?

Based on GuruFocus' analysis, Top Glove Bhd stock appears to be undervalued. The current stock price of €0.52 is trading 42.1% below its estimated GF Value™ of €0.89. GuruFocus considers Top Glove Bhd to be Significantly Undervalued.

Key valuation signals for FRA:5OU:

  • PE Ratio without NRI: 22.39 (24% below median its 10-year median of 29.45)
  • GF Value™: €0.89 vs. price of €0.52 (42.1% below fair value)
  • GF Score™: 49/100 with 3 warning signs
  • Industry Position: 4.8% below the Medical Devices & Instruments median (#238 of 446)

No single metric tells the full story. See the FRA:5OU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Top Glove Bhd Business Description

Address 16, Persiaran Setia Dagang, Top Glove Tower, Level 21, Setia Alam, Seksyen U13, Shah Alam, SGR, MYS, 40170
Top Glove Corp Bhd is an investment holding company. Along with its subsidiaries, the company is engaged in the manufacturing and sales of gloves through several product lines to diverse customers in various countries. Some of the different glove options include latex, nitrile, vinyl, PE, Polychloroprene, Polyisoprene, Flexylon, HDPE and surgical. It serves various sectors including healthcare, industrial, and Food and Beverage sectors. The company has four reportable operating segments based on its geographical areas: Malaysia, Thailand, People's Republic of China and Others. The majority of revenue is generated from Malaysia.
49GF Score

Get the complete analysis for FRA:5OU

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

€0.52
Price
€0.89
GF Value