China Sunshine Paper Holdings Co. (HKSE:02002) PE Ratio without NRI: 4.46 (As of Jul. 17, 2026) — 17% Above Median

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HKSE:02002 China Sunshine Paper Holdings Co. Ltd HKSE:02002
62 GF Score
Price HK$0.90
GF Value HK$1.81
Valuation Possible Value Trap
! 6 Warning Signs
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What is China Sunshine Paper Holdings Co. PE Ratio without NRI?

China Sunshine Paper Holdings Co. HKSE:02002 -1.10% 62 PE Ratio without NRI is 4.46 as of Jul. 17, 2026, which is 17% above its 10-year median of 3.82. GuruFocus rates HKSE:02002 with a GF Score™ of 62/100 and a GF Value™ of HK$1.81 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 174 Forest Products companies, China Sunshine Paper Holdings Co. ranks better than 95.4% 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 (2026-07-17), China Sunshine Paper Holdings Co.'s share price is HK$0.90. China Sunshine Paper Holdings Co.'s EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was HK$0.20. Therefore, China Sunshine Paper Holdings Co.'s PE Ratio without NRI for today is 4.46.

During the past 13 years, China Sunshine Paper Holdings Co.'s highest PE Ratio without NRI was 20.53. The lowest was 1.81. And the median was 3.82.

China Sunshine Paper Holdings Co.'s EPS without NRI for the six months ended in Dec. 2025 was HK$0.17. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was HK$0.20.

As of today (2026-07-17), China Sunshine Paper Holdings Co.'s share price is HK$0.90. China Sunshine Paper Holdings Co.'s Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was HK$0.17. Therefore, China Sunshine Paper Holdings Co.'s PE Ratio (TTM) for today is 5.42.

During the past years, China Sunshine Paper Holdings Co.'s highest PE Ratio (TTM) was 21.39. The lowest was 1.97. And the median was 4.12.

China Sunshine Paper Holdings Co.'s EPS (Diluted) for the six months ended in Dec. 2025 was HK$0.17. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was HK$0.17.

China Sunshine Paper Holdings Co.'s EPS (Basic) for the six months ended in Dec. 2025 was HK$0.17. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2025 was HK$0.17.


China Sunshine Paper Holdings Co.  (HKSE:02002) 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.


China Sunshine Paper Holdings Co. PE Ratio without NRI Related Terms


China Sunshine Paper Holdings Co. PE Ratio without NRI Historical Data

* Premium members only.

The historical data trend for China Sunshine Paper Holdings Co.'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.

China Sunshine Paper Holdings Co. PE Ratio without NRI Chart

China Sunshine Paper Holdings Co. 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 2.77 9.11 5.96 7.14 7.35

China Sunshine Paper Holdings Co. 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 5.96 At Loss 7.14 At Loss 7.35

China Sunshine Paper Holdings Co. PE Ratio without NRI Competitor Comparison

For the Paper & Paper Products subindustry, China Sunshine Paper Holdings Co.'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.


China Sunshine Paper Holdings Co. PE Ratio without NRI vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, China Sunshine Paper Holdings Co.'s PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where China Sunshine Paper Holdings Co.'s PE Ratio without NRI falls into.


HKSE:02002
62GF Score
China Sunshine Paper Holdings Co. Ltd HKSE:02002
PE Ratio without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
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China Sunshine Paper Holdings Co. 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.

China Sunshine Paper Holdings Co.'s PE Ratio without NRI for today is calculated as

PE Ratio without NRI=Share Price/ EPS without NRI
=0.90/0.202
=4.46

China Sunshine Paper Holdings Co.'s Share Price of today is HK$0.90.
For company reported semi-annually, China Sunshine Paper Holdings Co.'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 HK$0.20.

* 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 4.46 mean?
China Sunshine Paper Holdings Co. (HKSE:02002) has a PE Ratio without NRI of 4.46 as of Jul. 17, 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 China Sunshine Paper Holdings Co. and its competitors. This is 17% above median its historical median of 3.82. Over the past decade, China Sunshine Paper Holdings Co.'s PE Ratio without NRI has ranged from 1.81 to 20.53. According to the industry distribution chart, China Sunshine Paper Holdings Co. ranks #8 out of 174 companies in the Forest Products industry, placing it in the top 4.6%.
Is China Sunshine Paper Holdings Co.'s PE Ratio without NRI too high?
China Sunshine Paper Holdings Co.'s current PE Ratio without NRI of 4.46 is 17% above median its 10-year median of 3.82. Over the past 10 years, this metric has ranged from a low of 1.81 to a high of 20.53. The Forest Products industry median PE Ratio without NRI is 17.74. China Sunshine Paper Holdings Co.'s value of 4.46 is 74.9% below this industry median. Based on the distribution chart, China Sunshine Paper Holdings Co. ranks #8 out of 174 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, China Sunshine Paper Holdings Co. has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does China Sunshine Paper Holdings Co.'s PE Ratio without NRI compare to competitors?
According to the Forest Products industry distribution chart, China Sunshine Paper Holdings Co. ranks #8 out of 174 companies for PE Ratio without NRI. This places China Sunshine Paper Holdings Co. in the top 5% of its industry — outperforming the majority of peers. The industry median PE Ratio without NRI is 17.74. China Sunshine Paper Holdings Co.'s value of 4.46 is 74.9% below this benchmark. Historically, China Sunshine Paper Holdings Co.'s own PE Ratio without NRI has ranged from 1.81 to 20.53 over the past decade. While the company's 10-year median is 3.82 vs. the industry median of 17.74, China Sunshine Paper Holdings Co. 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 Forest Products company?
The median PE Ratio without NRI among Forest Products companies is 17.74, based on 174 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. China Sunshine Paper Holdings Co.'s current PE Ratio without NRI of 4.46 is 74.9% 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 China Sunshine Paper Holdings Co. and its competitors. For the Forest Products industry, the median PE Ratio without NRI is 17.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Sunshine Paper Holdings Co.'s current PE Ratio without NRI is 4.46, which is 17% above median its own 10-year median of 3.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Sunshine Paper Holdings Co. stock overvalued right now?
Based on GuruFocus' analysis, China Sunshine Paper Holdings Co. (HKSE:02002) is currently considered Possible Value Trap. The stock's GF Value™ is HK$1.81, compared to a current price of HK$0.90 — trading 50.3% below its estimated fair value. The current PE Ratio without NRI is 4.46, which is 17% above median its 10-year median of 3.82 and 74.9% below the Forest Products industry median of 17.74. China Sunshine Paper Holdings Co.'s overall GF Score™ is 62/100 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 China Sunshine Paper Holdings Co. (HKSE:02002), the current PE Ratio without NRI is 4.46 as of Jul. 17, 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 China Sunshine Paper Holdings Co. (HKSE:02002) Overvalued in 2026?

Based on GuruFocus' analysis, China Sunshine Paper Holdings Co. stock appears to be undervalued. The current stock price of HK$0.90 is trading 50.3% below its estimated GF Value™ of HK$1.81. GuruFocus considers China Sunshine Paper Holdings Co. to be Possible Value Trap.

Key valuation signals for HKSE:02002:

  • PE Ratio without NRI: 4.46 (17% above median its 10-year median of 3.82)
  • GF Value™: HK$1.81 vs. price of HK$0.90 (50.3% below fair value)
  • GF Score™: 62/100 with 6 warning signs
  • Industry Position: 74.9% below the Forest Products median (#8 of 174)

No single metric tells the full story. See the HKSE:02002 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Sunshine Paper Holdings Co. Business Description

Address Changle Economic Development Zone, Shandong, Weifang, CHN, 262400
China Sunshine Paper Holdings Co. Ltd is principally engaged in the production & sale of paper products, electricity, & steam. The business activity of the firm is operated through White Top Linerboard, Coated white top liner board, Core Board, Specialised Paper Products, Corrugated Paper, and Electricity & Steam segments. Key revenue is generated from Specialised Paper Products. The company offers products under three categories: Paper, which includes an Uncoated white top test liner, coated white top liner, core board base paper, medium, & specialty paper; Preprint products; & Carton products. Geographically, the company operates in the PRC & Overseas, in which the PRC generates the majority of its revenue.
62GF Score

Get the complete analysis for HKSE:02002

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

HK$0.90
Price
HK$1.81
GF Value