Canggang Railway (HKSE:02169) PE Ratio without NRI: 465.00 (As of Aug. 12, 2026) — 864% Above Median

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HKSE:02169 Canggang Railway Ltd HKSE:02169
48 GF Score
Price HK$0.47
GF Value HK$0.94
Valuation Possible Value Trap
! 7 Warning Signs
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What is Canggang Railway PE Ratio without NRI?

Canggang Railway HKSE:02169 -2.11% 48 PE Ratio without NRI is 465.00 as of Aug. 12, 2026, which is 864% above its 10-year median of 48.24. GuruFocus rates HKSE:02169 with a GF Score™ of 48/100 and a GF Value™ of HK$0.94 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 792 Transportation companies, Canggang Railway ranks worse than 99.24% 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 (2026-08-12), Canggang Railway's share price is HK$0.465. Canggang Railway's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was HK$0.00. Therefore, Canggang Railway's PE Ratio without NRI for today is 465.00.

During the past 9 years, Canggang Railway's highest PE Ratio without NRI was 480.00. The lowest was 11.70. And the median was 48.24.

Canggang Railway's EPS without NRI for the six months ended in Dec. 2025 was HK$-0.87. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was HK$0.00.

As of today (2026-08-12), Canggang Railway's share price is HK$0.465. Canggang Railway's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was HK$0.01. Therefore, Canggang Railway's PE Ratio (TTM) for today is 66.43.

Good Sign:

Canggang Railway Ltd stock PE Ratio (=27.06) is close to 3-year low of 27.06.

During the past years, Canggang Railway's highest PE Ratio (TTM) was 156.50. The lowest was 12.19. And the median was 39.41.

Canggang Railway's EPS (Diluted) for the six months ended in Dec. 2025 was HK$-0.87. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was HK$0.01.

Canggang Railway's EPS (Basic) for the six months ended in Dec. 2025 was HK$-0.87. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2025 was HK$0.01.


Canggang Railway  (HKSE:02169) 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.


Canggang Railway PE Ratio without NRI Related Terms


Canggang Railway PE Ratio without NRI Historical Data

* Premium members only.

The historical data trend for Canggang Railway'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.

Canggang Railway PE Ratio without NRI Chart

Canggang Railway Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PE Ratio without NRI
Get a 7-Day Free Trial Premium Member Only 23.23 50.00 125.74 160.83 82.00

Canggang Railway Semi-Annual Data
Dec17 Dec18 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 125.74 At Loss 160.83 At Loss 82.00

HKSE:02169 vs UNP, CSX, NSC: PE Ratio without NRI Comparison

For the Railroads subindustry, Canggang Railway'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.


Canggang Railway PE Ratio without NRI vs Transportation Industry

For the Transportation industry and Industrials sector, Canggang Railway's PE Ratio without NRI distribution charts can be found below:

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


HKSE:02169
48GF Score
Canggang Railway Ltd HKSE:02169
PE Ratio without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Canggang Railway 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.

Canggang Railway's PE Ratio without NRI for today is calculated as

PE Ratio without NRI=Share Price/ EPS without NRI
=0.465/0.001
=465

Canggang Railway's Share Price of today is HK$0.465.
For company reported semi-annually, Canggang Railway'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$0.00.

* 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 465.00 mean?
Canggang Railway (HKSE:02169) has a PE Ratio without NRI of 465.00 as of Aug. 12, 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 Canggang Railway and its competitors. This is 864% above median its historical median of 48.24. Over the past decade, Canggang Railway's PE Ratio without NRI has ranged from 11.70 to 480.00. According to the industry distribution chart, Canggang Railway ranks #786 out of 792 companies in the Transportation industry, placing it in the top 99.2%.
Is Canggang Railway's PE Ratio without NRI too high?
Canggang Railway's current PE Ratio without NRI of 465.00 is 864% above median its 10-year median of 48.24. Over the past 10 years, this metric has ranged from a low of 11.70 to a high of 480.00. The Transportation industry median PE Ratio without NRI is 15.64. Canggang Railway's value of 465.00 is 2874.1% above this industry median. Based on the distribution chart, Canggang Railway ranks #786 out of 792 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Canggang Railway has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Canggang Railway's PE Ratio without NRI compare to UNP and CSX?
According to the Transportation industry distribution chart, Canggang Railway ranks #786 out of 792 companies for PE Ratio without NRI. This places Canggang Railway in the lower half of its industry. The industry median PE Ratio without NRI is 15.64. Canggang Railway's value of 465.00 is 2874.1% above this benchmark. Historically, Canggang Railway's own PE Ratio without NRI has ranged from 11.70 to 480.00 over the past decade. While the company's 10-year median is 48.24 vs. the industry median of 15.64, Canggang Railway 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 Transportation company?
The median PE Ratio without NRI among Transportation companies is 15.64, based on 792 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. Canggang Railway's current PE Ratio without NRI of 465.00 is 2874.1% 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 Canggang Railway and its competitors. For the Transportation industry, the median PE Ratio without NRI is 15.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canggang Railway's current PE Ratio without NRI is 465.00, which is 864% above median its own 10-year median of 48.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canggang Railway stock overvalued right now?
Based on GuruFocus' analysis, Canggang Railway (HKSE:02169) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.94, compared to a current price of HK$0.47 — trading 50.5% below its estimated fair value. The current PE Ratio without NRI is 465.00, which is 864% above median its 10-year median of 48.24 and 2874.1% above the Transportation industry median of 15.64. Canggang Railway's overall GF Score™ is 48/100 with 7 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 Canggang Railway (HKSE:02169), the current PE Ratio without NRI is 465.00 as of Aug. 12, 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 Canggang Railway (HKSE:02169) Overvalued in 2026?

Based on GuruFocus' analysis, Canggang Railway stock appears to be undervalued. The current stock price of HK$0.47 is trading 50.5% below its estimated GF Value™ of HK$0.94. GuruFocus considers Canggang Railway to be Possible Value Trap.

Key valuation signals for HKSE:02169:

  • PE Ratio without NRI: 465.00 (864% above median its 10-year median of 48.24)
  • GF Value™: HK$0.94 vs. price of HK$0.47 (50.5% below fair value)
  • GF Score™: 48/100 with 7 warning signs
  • Industry Position: 2874.1% above the Transportation median (#786 of 792)

No single metric tells the full story. See the HKSE:02169 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Canggang Railway Business Description

Address Yangzhuang Station, Yangerzhuang Town, Huanghua, Hebei Province, Cangzhou, CHN
Canggang Railway Ltd is a local railway operator based in Hebei Province. The company operates in two segments, rail freight transportation services, which provides rail freight transportation in the PRC; and other ancillary services, which includes provides freight loading and unloading services, road freight transportation and other services in the PRC. Its services also include loading and unloading, road freight transportation, construction, repair and maintenance of Special Service Lines, railway roadbed and other railway facility construction, and certain other businesses. The company earns its revenue from rail freight transportation services and ancillary services in the PRC.
48GF Score

Get the complete analysis for HKSE:02169

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

HK$0.47
Price
HK$0.94
GF Value