Fisher & Paykel HealthcareFSPKF +9.59%90 PE Ratio without NRI is 48.43 as of Jun. 27, 2026, which is 6% above its 10-year median of 45.73. GuruFocus rates FSPKF with a GF Score™ of 90/100 and a GF Value™ of $27.38 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 448 Medical Devices & Instruments companies, Fisher & Paykel Healthcare ranks worse than 81.7% 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 (2026-06-27), Fisher & Paykel Healthcare's share price is $22.52.
Fisher & Paykel Healthcare's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was $0.47. Therefore, Fisher & Paykel Healthcare's PE Ratio without NRI for today is 48.43.
During the past 13 years, Fisher & Paykel Healthcare's highest PE Ratio without NRI was 172.12. The lowest was 27.00. And the median was 45.73.
Fisher & Paykel Healthcare (OTCPK:FSPKF) 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.
Fisher & Paykel Healthcare PE Ratio without NRI Related Terms
Fisher & Paykel Healthcare PE Ratio without NRI Historical Data
* 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.
Fisher & Paykel Healthcare PE Ratio without NRI Chart
FSPKF vs ISRG, BDX, MDLN: PE Ratio without NRI Comparison
For the Medical Instruments & Supplies subindustry, Fisher & Paykel Healthcare'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.
Fisher & Paykel Healthcare PE Ratio without NRI vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Fisher & Paykel Healthcare's PE Ratio without NRI distribution charts can be found below:
* The bar in red indicates where Fisher & Paykel Healthcare's PE Ratio without NRI falls into.
Fisher & Paykel Healthcare 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.
Fisher & Paykel Healthcare's Share Price of today is $22.52.
For company reported semi-annually, Fisher & Paykel Healthcare's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.47.
* 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.
Fisher & Paykel Healthcare (FSPKF) has a PE Ratio without NRI of 48.43 as of Jun. 27, 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 Fisher & Paykel Healthcare and its competitors. This is near median its historical median of 45.73. Over the past decade, Fisher & Paykel Healthcare's PE Ratio without NRI has ranged from 27.00 to 172.12. According to the industry distribution chart, Fisher & Paykel Healthcare ranks #366 out of 448 companies in the Medical Devices & Instruments industry, placing it in the top 81.7%.
Is Fisher & Paykel Healthcare's PE Ratio without NRI too high?
Fisher & Paykel Healthcare's current PE Ratio without NRI of 48.43 is near median its 10-year median of 45.73. Over the past 10 years, this metric has ranged from a low of 27.00 to a high of 172.12. The Medical Devices & Instruments industry median PE Ratio without NRI is 23.09. Fisher & Paykel Healthcare's value of 48.43 is 109.8% above this industry median. Based on the distribution chart, Fisher & Paykel Healthcare ranks #366 out of 448 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Fisher & Paykel Healthcare has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fisher & Paykel Healthcare's PE Ratio without NRI compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Fisher & Paykel Healthcare ranks #366 out of 448 companies for PE Ratio without NRI. This places Fisher & Paykel Healthcare in the lower half of its industry. The industry median PE Ratio without NRI is 23.09. Fisher & Paykel Healthcare's value of 48.43 is 109.8% above this benchmark. Historically, Fisher & Paykel Healthcare's own PE Ratio without NRI has ranged from 27.00 to 172.12 over the past decade. While the company's 10-year median is 45.73 vs. the industry median of 23.09, Fisher & Paykel Healthcare 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 Medical Devices & Instruments company?
The median PE Ratio without NRI among Medical Devices & Instruments companies is 23.09, based on 448 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. Fisher & Paykel Healthcare's current PE Ratio without NRI of 48.43 is 109.8% 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 Fisher & Paykel Healthcare and its competitors. For the Medical Devices & Instruments industry, the median PE Ratio without NRI is 23.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fisher & Paykel Healthcare's current PE Ratio without NRI is 48.43, which is near median its own 10-year median of 45.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fisher & Paykel Healthcare stock overvalued right now?
Based on GuruFocus' analysis, Fisher & Paykel Healthcare (FSPKF) is currently considered Modestly Undervalued. The stock's GF Value™ is $27.38, compared to a current price of $22.52 — trading 17.8% below its estimated fair value. The current PE Ratio without NRI is 48.43, which is near median its 10-year median of 45.73 and 109.8% above the Medical Devices & Instruments industry median of 23.09. Fisher & Paykel Healthcare's overall GF Score™ is 90/100 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 Fisher & Paykel Healthcare (FSPKF), the current PE Ratio without NRI is 48.43 as of Jun. 27, 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 Fisher & Paykel Healthcare (FSPKF) Overvalued in 2026?
Based on GuruFocus' analysis, Fisher & Paykel Healthcare stock appears to be undervalued.
The current stock price of $22.52 is trading 17.8% below its estimated GF Value™ of $27.38.
GuruFocus considers Fisher & Paykel Healthcare to be Modestly Undervalued.
Key valuation signals for FSPKF:
PE Ratio without NRI: 48.43 (near median its 10-year median of 45.73)
GF Value™: $27.38 vs. price of $22.52 (17.8% below fair value)
Industry Position: 109.8% above the Medical Devices & Instruments median (#366 of 448)
No single metric tells the full story. See the FSPKF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fisher & Paykel Healthcare is one of the three largest respiratory care device companies globally. It is the market leader in hospital use of humidifiers, masks, and related consumables, and the number three player in the at-home treatment of sleep apnea using respiratory devices. Both the hospital and homecare markets for respiratory devices are growing strongly in the developed markets in which Fisher & Paykel has a presence. The company earns roughly half of its revenue in North America, around a quarter in Europe, and approximately a fifth in Asia-Pacific. Fisher conducts its own R&D and has thousands of patents and pending applications. It manufactures in New Zealand, Mexico, and China, and has a multichannel distribution model.
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