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GNCGF (Greencore Group) PE Ratio without NRI : 0.21 (As of Dec. 15, 2024)


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What is Greencore Group PE Ratio without NRI?

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 (2024-12-15), Greencore Group's share price is $2.75. Greencore Group's EPS without NRI for the trailing twelve months (TTM) ended in Sep. 2024 was $13.13. Therefore, Greencore Group's PE Ratio without NRI for today is 0.21.

During the past 13 years, Greencore Group's highest PE Ratio without NRI was 57.72. The lowest was 0.18. And the median was 15.18.

Greencore Group's EPS without NRI for the six months ended in Sep. 2024 was $13.09. Its EPS without NRI for the trailing twelve months (TTM) ended in Sep. 2024 was $13.13.

As of today (2024-12-15), Greencore Group's share price is $2.75. Greencore Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2024 was $13.09. Therefore, Greencore Group's PE Ratio (TTM) for today is 0.21.

During the past years, Greencore Group's highest PE Ratio (TTM) was 120.89. The lowest was 0.18. And the median was 24.80.

Greencore Group's EPS (Diluted) for the six months ended in Sep. 2024 was $13.06. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Sep. 2024 was $13.09.

Greencore Group's EPS (Basic) for the six months ended in Sep. 2024 was $13.33. Its EPS (Basic) for the trailing twelve months (TTM) ended in Sep. 2024 was $13.36.


Greencore Group PE Ratio without NRI Historical Data

The historical data trend for Greencore Group'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.

* Premium members only.

Greencore Group PE Ratio without NRI Chart

Greencore Group Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
PE Ratio without NRI
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.79 42.79 8.30 8.34 0.19

Greencore Group Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 8.30 At Loss 8.34 At Loss 0.19

Competitive Comparison of Greencore Group's PE Ratio without NRI

For the Packaged Foods subindustry, Greencore Group'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.


Greencore Group's PE Ratio without NRI Distribution in the Consumer Packaged Goods Industry

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

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



Greencore Group 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.

Greencore Group's PE Ratio without NRI for today is calculated as

PE Ratio without NRI=Share Price/ EPS without NRI
=2.75/13.125
=0.21

Greencore Group's Share Price of today is $2.75.
For company reported semi-annually, Greencore Group's EPS without NRI for the trailing twelve months (TTM) ended in Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $13.13.

* 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.


Greencore Group  (OTCPK:GNCGF) 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.


Greencore Group PE Ratio without NRI Related Terms

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Greencore Group Business Description

Traded in Other Exchanges
Address
Dublin Airport Central, Dublin Airport, 4th Floor, Block Two, Sword, Dublin, IRL, K67 E2H3
Greencore Group PLC is a convenience food manufacturer that supplies chilled and frozen food to customers based in U.K. and the U.S. The company's operating business segment is Convenience Foods, and it geographically operates in UK & Ireland. The UK Convenience Food categories including sandwiches, sushi, salads, chilled ready meals, chilled soups and sauces, chilled quiche, ambient sauces and pickles, frozen Yorkshire Puddings and cakes and desserts categories as well as the Irish Ingredients trading business.

Greencore Group Headlines

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