Alpina Holdings (FRA:B0M) PE Ratio without NRI: 14.13 (As of Jul. 12, 2026) — 23% Below Median


FRA:B0M Alpina Holdings Ltd FRA:B0M
40 GF Score
Price €0.23
GF Value €0.21
! 10 Warning Signs
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What is Alpina Holdings PE Ratio without NRI?

Alpina Holdings FRA:B0M 40 PE Ratio without NRI is 14.13 as of Jul. 12, 2026, which is 23% below its 10-year median of 18.39. GuruFocus rates FRA:B0M with a GF Score™ of 40/100 and a GF Value™ of €0.21. The stock has 10 warning signs investors should review.

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 (2026-07-12), Alpina Holdings's share price is €0.226. Alpina Holdings's EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2025 was €0.02. Therefore, Alpina Holdings's PE Ratio without NRI for today is 14.13.

During the past 7 years, Alpina Holdings's highest PE Ratio without NRI was 28.46. The lowest was 4.43. And the median was 18.39.

Alpina Holdings's EPS without NRI for the six months ended in Jun. 2025 was €0.01. Its EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2025 was €0.02.

As of today (2026-07-12), Alpina Holdings's share price is €0.226. Alpina Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2025 was €0.02. Therefore, Alpina Holdings's PE Ratio (TTM) for today is 14.13.

Warning Sign:

Alpina Holdings Ltd stock PE Ratio (=28.46) is close to 5-year high of 28.46.

During the past years, Alpina Holdings's highest PE Ratio (TTM) was 28.46. The lowest was 3.10. And the median was 15.45.

Alpina Holdings's EPS (Diluted) for the six months ended in Jun. 2025 was €0.01. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Jun. 2025 was €0.02.

Alpina Holdings's EPS (Basic) for the six months ended in Jun. 2025 was €0.01. Its EPS (Basic) for the trailing twelve months (TTM) ended in Jun. 2025 was €0.02.


Alpina Holdings  (FRA:B0M) 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.


Alpina Holdings PE Ratio without NRI Related Terms


Alpina Holdings PE Ratio without NRI Historical Data

* Premium members only.

The historical data trend for Alpina Holdings'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.

Alpina Holdings PE Ratio without NRI Chart

Alpina Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
PE Ratio without NRI
Get a 7-Day Free Trial N/A N/A 17.22 At Loss 14.23

Alpina Holdings Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 At Loss At Loss At Loss 14.23 At Loss

FRA:B0M vs PWR, FIX, EME: PE Ratio without NRI Comparison

For the Engineering & Construction subindustry, Alpina Holdings'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.


Alpina Holdings PE Ratio without NRI vs Construction Industry

For the Construction industry and Industrials sector, Alpina Holdings's PE Ratio without NRI distribution charts can be found below:

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


FRA:B0M
40GF Score
Alpina Holdings Ltd FRA:B0M
PE Ratio without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
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Alpina Holdings 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.

Alpina Holdings's PE Ratio without NRI for today is calculated as

PE Ratio without NRI=Share Price/ EPS without NRI
=0.226/0.016
=14.13

Alpina Holdings's Share Price of today is €0.226.
For company reported semi-annually, Alpina Holdings's EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2025 adds up the semi-annually 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 14.13 mean?
Alpina Holdings (FRA:B0M) has a PE Ratio without NRI of 14.13 as of Jul. 12, 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 Alpina Holdings and its competitors. This is 23% below median its historical median of 18.39. Over the past decade, Alpina Holdings' PE Ratio without NRI has ranged from 4.43 to 28.46.
Is Alpina Holdings' PE Ratio without NRI too high?
Alpina Holdings' current PE Ratio without NRI of 14.13 is 23% below median its 10-year median of 18.39. Over the past 10 years, this metric has ranged from a low of 4.43 to a high of 28.46. The Construction industry median PE Ratio without NRI is 15.10. Alpina Holdings' value of 14.13 is 6.4% below this industry median. Overall, Alpina Holdings has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Alpina Holdings' PE Ratio without NRI compare to PWR and FIX?
Alpina Holdings' PE Ratio without NRI of 14.13 can be compared against companies in the Construction industry. The industry median PE Ratio without NRI is 15.10. Alpina Holdings' value of 14.13 is 6.4% below this benchmark. Historically, Alpina Holdings' own PE Ratio without NRI has ranged from 4.43 to 28.46 over the past decade. While the company's 10-year median is 18.39 vs. the industry median of 15.10, Alpina Holdings 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 Construction company?
The median PE Ratio without NRI among Construction companies is 15.10, based on 1,320 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. Alpina Holdings's current PE Ratio without NRI of 14.13 is 6.4% 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 Alpina Holdings and its competitors. For the Construction industry, the median PE Ratio without NRI is 15.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alpina Holdings's current PE Ratio without NRI is 14.13, which is 23% below median its own 10-year median of 18.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpina Holdings stock overvalued right now?
Alpina Holdings (FRA:B0M) has a current PE Ratio without NRI of 14.13. The stock's GF Value™ is €0.21, compared to a current price of €0.23 — trading 7.6% above its estimated fair value. The current PE Ratio without NRI is 14.13, which is 23% below median its 10-year median of 18.39 and 6.4% below the Construction industry median of 15.10. Alpina Holdings' overall GF Score™ is 40/100 with 10 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 Alpina Holdings (FRA:B0M), the current PE Ratio without NRI is 14.13 as of Jul. 12, 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 Alpina Holdings (FRA:B0M) Overvalued in 2026?

Based on GuruFocus' analysis, Alpina Holdings stock appears to be overvalued. The current stock price of €0.23 is trading 7.6% above its estimated GF Value™ of €0.21.

Key valuation signals for FRA:B0M:

  • PE Ratio without NRI: 14.13 (23% below median its 10-year median of 18.39)
  • GF Value™: €0.21 vs. price of €0.23 (7.6% above fair value)
  • GF Score™: 40/100 with 10 warning signs
  • Industry Position: 6.4% below the Construction median

No single metric tells the full story. See the FRA:B0M stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Alpina Holdings Business Description

Address 54 Senoko Road, Woodlands East Industrial Estate, Singapore, SGP, 758118
Alpina Holdings Ltd is an established Singapore-based contractor that specializes in providing Integrated Building Services (IBS), Mechanical and Electrical (M&E) engineering services, Alteration and Addition (A&A), and Rental income from investment property (RI). The group provides IBS and M&E engineering services mainly as the main contractor and provides A&A works as a subcontractor. The majority of revenue is derived from the IBS segment.
40GF Score

Get the complete analysis for FRA:B0M

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

€0.23
Price
€0.21
GF Value