BOC Hong Kong HoldingsFRA:BOF -4.74%73 PE Ratio without NRI is 11.55 as of Jun. 29, 2026, which is 13% above its 10-year median of 10.18. GuruFocus rates FRA:BOF with a GF Score™ of 73/100 and a GF Value™ of €3.44 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,450 Banks companies, BOC Hong Kong Holdings ranks better than 53.31% 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), BOC Hong Kong Holdings's share price is €5.024.
BOC Hong Kong Holdings's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was €0.44. Therefore, BOC Hong Kong Holdings's PE Ratio without NRI for today is 11.55.
During the past 13 years, BOC Hong Kong Holdings's highest PE Ratio without NRI was 17.33. The lowest was 5.77. And the median was 10.18.
BOC Hong Kong Holdings (FRA:BOF) 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.
BOC Hong Kong Holdings PE Ratio without NRI Related Terms
BOC Hong Kong Holdings PE Ratio without NRI Historical Data
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The historical data trend for BOC Hong Kong 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.
BOC Hong Kong Holdings PE Ratio without NRI Competitor Comparison
For the Banks - Regional subindustry, BOC Hong Kong 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.
BOC Hong Kong Holdings PE Ratio without NRI vs Banks Industry
For the Banks industry and Financial Services sector, BOC Hong Kong Holdings's PE Ratio without NRI distribution charts can be found below:
* The bar in red indicates where BOC Hong Kong Holdings's PE Ratio without NRI falls into.
BOC Hong Kong 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.
BOC Hong Kong Holdings's Share Price of today is €5.024.
For company reported semi-annually, BOC Hong Kong Holdings'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 €0.44.
* 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.
BOC Hong Kong Holdings (FRA:BOF) has a PE Ratio without NRI of 11.55 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 BOC Hong Kong Holdings and its competitors. This is 13% above median its historical median of 10.18. Over the past decade, BOC Hong Kong Holdings' PE Ratio without NRI has ranged from 5.77 to 17.33. According to the industry distribution chart, BOC Hong Kong Holdings ranks #677 out of 1450 companies in the Banks industry, placing it in the top 46.7%.
Is BOC Hong Kong Holdings' PE Ratio without NRI too high?
BOC Hong Kong Holdings' current PE Ratio without NRI of 11.55 is 13% above median its 10-year median of 10.18. Over the past 10 years, this metric has ranged from a low of 5.77 to a high of 17.33. The Banks industry median PE Ratio without NRI is 11.42. BOC Hong Kong Holdings' value of 11.55 is 1.1% above this industry median. Based on the distribution chart, BOC Hong Kong Holdings ranks #677 out of 1450 companies in the Banks industry, which is above the industry midpoint. Overall, BOC Hong Kong Holdings has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BOC Hong Kong Holdings' PE Ratio without NRI compare to competitors?
According to the Banks industry distribution chart, BOC Hong Kong Holdings ranks #677 out of 1450 companies for PE Ratio without NRI. This puts BOC Hong Kong Holdings in the upper half of its industry. The industry median PE Ratio without NRI is 11.42. BOC Hong Kong Holdings' value of 11.55 is 1.1% above this benchmark. Historically, BOC Hong Kong Holdings' own PE Ratio without NRI has ranged from 5.77 to 17.33 over the past decade. While the company's 10-year median is 10.18 vs. the industry median of 11.42, BOC Hong Kong Holdings 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 a Banks company?
The median PE Ratio without NRI among Banks companies is 11.42, based on 1,450 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. BOC Hong Kong Holdings's current PE Ratio without NRI of 11.55 is 1.1% 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 BOC Hong Kong Holdings and its competitors. For the Banks industry, the median PE Ratio without NRI is 11.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BOC Hong Kong Holdings's current PE Ratio without NRI is 11.55, which is 13% above median its own 10-year median of 10.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BOC Hong Kong Holdings stock overvalued right now?
Based on GuruFocus' analysis, BOC Hong Kong Holdings (FRA:BOF) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.44, compared to a current price of €5.02 — trading 46% above its estimated fair value. The current PE Ratio without NRI is 11.55, which is 13% above median its 10-year median of 10.18 and 1.1% above the Banks industry median of 11.42. BOC Hong Kong Holdings' overall GF Score™ is 73/100 with 6 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 BOC Hong Kong Holdings (FRA:BOF), the current PE Ratio without NRI is 11.55 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 BOC Hong Kong Holdings (FRA:BOF) Overvalued in 2026?
Based on GuruFocus' analysis, BOC Hong Kong Holdings stock appears to be overvalued.
The current stock price of €5.02 is trading 46% above its estimated GF Value™ of €3.44.
GuruFocus considers BOC Hong Kong Holdings to be Significantly Overvalued.
Key valuation signals for FRA:BOF:
PE Ratio without NRI: 11.55 (13% above median its 10-year median of 10.18)
GF Value™: €3.44 vs. price of €5.02 (46% above fair value)
Industry Position: 1.1% above the Banks median (#677 of 1450)
No single metric tells the full story. See the FRA:BOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BOC Hong Kong is a subsidiary of Bank of China. It is the second-largest bank in Hong Kong in terms of loan and deposit market shares. Although BOC Hong Kong is legally separate from its parent, it maintains close relationships with it in management, administration, and business relations. The two companies also cooperate in several areas, including the reselling of Bank of China's insurance and securities services. Bank of China holds a 66% stake in BOC Hong Kong.
73GF Score
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PE Ratio without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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