FSRCY (First Resources) PE Ratio without NRI: 10.42 (As of Jun. 25, 2026) — 28% Below Median


FSRCY First Resources Ltd FSRCY
80 GF Score
Price $238.46
GF Value $189.83
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is First Resources PE Ratio without NRI?

First Resources FSRCY 80 PE Ratio without NRI is 10.42 as of Jun. 25, 2026, which is 28% below its 10-year median of 14.40. GuruFocus rates FSRCY with a GF Score™ of 80/100 and a GF Value™ of $189.83 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,456 Consumer Packaged Goods companies, First Resources ranks better than 71.09% 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 (2026-06-25), First Resources's share price is $238.46. First Resources's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was $22.88. Therefore, First Resources's PE Ratio without NRI for today is 10.42.

During the past 13 years, First Resources's highest PE Ratio without NRI was 24.00. The lowest was 4.95. And the median was 14.40.

First Resources's EPS without NRI for the six months ended in Dec. 2025 was $13.24. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was $22.88.

As of today (2026-06-25), First Resources's share price is $238.46. First Resources's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was $22.84. Therefore, First Resources's PE Ratio (TTM) for today is 10.44.

During the past years, First Resources's highest PE Ratio (TTM) was 25.26. The lowest was 4.95. And the median was 14.32.

First Resources's EPS (Diluted) for the six months ended in Dec. 2025 was $13.21. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was $22.84.

First Resources's EPS (Basic) for the six months ended in Dec. 2025 was $13.21. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2025 was $22.84.


First Resources  (OTCPK:FSRCY) 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.


First Resources PE Ratio without NRI Related Terms


First Resources PE Ratio without NRI Historical Data

* Premium members only.

The historical data trend for First Resources'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.

First Resources PE Ratio without NRI Chart

First Resources 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 11.35 5.30 11.53 6.96 7.08

First Resources 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 11.53 At Loss 6.96 At Loss 7.08

FSRCY vs KHC, GIS: PE Ratio without NRI Comparison

For the Packaged Foods subindustry, First Resources'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.


First Resources PE Ratio without NRI vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, First Resources's PE Ratio without NRI distribution charts can be found below:

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


FSRCY
80GF Score
First Resources Ltd FSRCY
PE Ratio without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

First Resources 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.

First Resources's PE Ratio without NRI for today is calculated as

PE Ratio without NRI=Share Price/ EPS without NRI
=238.46/22.880
=10.42

First Resources's Share Price of today is $238.46.
For company reported semi-annually, First Resources'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 $22.88.

* 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 10.42 mean?
First Resources (FSRCY) has a PE Ratio without NRI of 10.42 as of Jun. 25, 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 First Resources and its competitors. This is 28% below median its historical median of 14.40. Over the past decade, First Resources' PE Ratio without NRI has ranged from 4.95 to 24.00. According to the industry distribution chart, First Resources ranks #421 out of 1456 companies in the Consumer Packaged Goods industry, placing it in the top 28.9%.
Is First Resources' PE Ratio without NRI too high?
First Resources' current PE Ratio without NRI of 10.42 is 28% below median its 10-year median of 14.40. Over the past 10 years, this metric has ranged from a low of 4.95 to a high of 24.00. The Consumer Packaged Goods industry median PE Ratio without NRI is 15.91. First Resources' value of 10.42 is 34.5% below this industry median. Based on the distribution chart, First Resources ranks #421 out of 1456 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, First Resources has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Resources' PE Ratio without NRI compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, First Resources ranks #421 out of 1456 companies for PE Ratio without NRI. This puts First Resources in the upper half of its industry. The industry median PE Ratio without NRI is 15.91. First Resources' value of 10.42 is 34.5% below this benchmark. Historically, First Resources' own PE Ratio without NRI has ranged from 4.95 to 24.00 over the past decade. While the company's 10-year median is 14.40 vs. the industry median of 15.91, First Resources 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 Consumer Packaged Goods company?
The median PE Ratio without NRI among Consumer Packaged Goods companies is 15.91, based on 1,456 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. First Resources's current PE Ratio without NRI of 10.42 is 34.5% 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 First Resources and its competitors. For the Consumer Packaged Goods industry, the median PE Ratio without NRI is 15.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Resources's current PE Ratio without NRI is 10.42, which is 28% below median its own 10-year median of 14.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Resources stock overvalued right now?
Based on GuruFocus' analysis, First Resources (FSRCY) is currently considered Modestly Overvalued. The stock's GF Value™ is $189.83, compared to a current price of $238.46 — trading 25.6% above its estimated fair value. The current PE Ratio without NRI is 10.42, which is 28% below median its 10-year median of 14.40 and 34.5% below the Consumer Packaged Goods industry median of 15.91. First Resources' overall GF Score™ is 80/100 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 First Resources (FSRCY), the current PE Ratio without NRI is 10.42 as of Jun. 25, 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 First Resources (FSRCY) Overvalued in 2026?

Based on GuruFocus' analysis, First Resources stock appears to be overvalued. The current stock price of $238.46 is trading 25.6% above its estimated GF Value™ of $189.83. GuruFocus considers First Resources to be Modestly Overvalued.

Key valuation signals for FSRCY:

  • PE Ratio without NRI: 10.42 (28% below median its 10-year median of 14.40)
  • GF Value™: $189.83 vs. price of $238.46 (25.6% above fair value)
  • GF Score™: 80/100 with 3 warning signs
  • Industry Position: 34.5% below the Consumer Packaged Goods median (#421 of 1456)

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


First Resources Business Description

Other Exchanges EB5:Singapore5F1:Germany
Address 7 Temasek Boulevard, No. 24-01, Suntec Tower One, Singapore, SGP, 038987
First Resources Ltd manages hectares of oil palm plantations located in Indonesia and mills fresh fruit bunches into crude palm oil and palm kernel. In addition, the group also processes crude palm oil and palm kernel into higher-value palm-based products such as refined, bleached, and deodorized olein and biodiesel. The operating segment of the company is Plantations, Palm Oil Mills & Refinery and Processing. The plantations and palm oil mills segment is principally involved in the cultivation and maintenance of oil palm plantations and the operation of palm oil mills. Refinery and processing segment markets and sells processed palm-based products produced from the refinery, fractionation and biodiesel plants, and other downstream processing facilities.
80GF Score

Get the complete analysis for FSRCY

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

$238.46
Price
$189.83
GF Value