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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
MicroTech Medical (Hangzhou) CoHKSE:02235 +1.47%80 PE Ratio without NRI is 55.38 as of Aug. 24, 2026, which is 42% below its 10-year median of 95.65. GuruFocus rates HKSE:02235 with a GF Score™ of 80/100 and a GF Value™ of HK$15.94 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 455 Medical Devices & Instruments companies, MicroTech Medical (Hangzhou) Co ranks worse than 83.3% 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 (2026-08-24), MicroTech Medical (Hangzhou) Co's share price is HK$7.255.
MicroTech Medical (Hangzhou) Co's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was HK$0.13. Therefore, MicroTech Medical (Hangzhou) Co's PE Ratio without NRI for today is 55.38.
During the past 7 years, MicroTech Medical (Hangzhou) Co's highest PE Ratio without NRI was 103.77. The lowest was 52.82. And the median was 95.65.
MicroTech Medical (Hangzhou) Co (HKSE:02235) 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.
MicroTech Medical (Hangzhou) Co PE Ratio without NRI Related Terms
MicroTech Medical (Hangzhou) Co 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.
MicroTech Medical (Hangzhou) Co PE Ratio without NRI Chart
HKSE:02235 vs ABT, SYK, MDT: PE Ratio without NRI Comparison
For the Medical Devices subindustry, MicroTech Medical (Hangzhou) 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.
MicroTech Medical (Hangzhou) Co PE Ratio without NRI vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, MicroTech Medical (Hangzhou) Co's PE Ratio without NRI distribution charts can be found below:
* The bar in red indicates where MicroTech Medical (Hangzhou) Co's PE Ratio without NRI falls into.
MicroTech Medical (Hangzhou) 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.
MicroTech Medical (Hangzhou) Co's Share Price of today is HK$7.255.
For company reported semi-annually, MicroTech Medical (Hangzhou) 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$0.13.
* 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.
MicroTech Medical (Hangzhou) Co (HKSE:02235) has a PE Ratio without NRI of 55.38 as of Aug. 24, 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 MicroTech Medical (Hangzhou) Co and its competitors. This is 42% below median its historical median of 95.65. Over the past decade, MicroTech Medical (Hangzhou) Co's PE Ratio without NRI has ranged from 52.82 to 103.77. According to the industry distribution chart, MicroTech Medical (Hangzhou) Co ranks #379 out of 455 companies in the Medical Devices & Instruments industry, placing it in the top 83.3%.
Is MicroTech Medical (Hangzhou) Co's PE Ratio without NRI too high?
MicroTech Medical (Hangzhou) Co's current PE Ratio without NRI of 55.38 is 42% below median its 10-year median of 95.65. Over the past 10 years, this metric has ranged from a low of 52.82 to a high of 103.77. The Medical Devices & Instruments industry median PE Ratio without NRI is 23.71. MicroTech Medical (Hangzhou) Co's value of 55.38 is 133.6% above this industry median. Based on the distribution chart, MicroTech Medical (Hangzhou) Co ranks #379 out of 455 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, MicroTech Medical (Hangzhou) Co has a GF Score™ of 80/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does MicroTech Medical (Hangzhou) Co's PE Ratio without NRI compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, MicroTech Medical (Hangzhou) Co ranks #379 out of 455 companies for PE Ratio without NRI. This places MicroTech Medical (Hangzhou) Co in the lower half of its industry. The industry median PE Ratio without NRI is 23.71. MicroTech Medical (Hangzhou) Co's value of 55.38 is 133.6% above this benchmark. Historically, MicroTech Medical (Hangzhou) Co's own PE Ratio without NRI has ranged from 52.82 to 103.77 over the past decade. While the company's 10-year median is 95.65 vs. the industry median of 23.71, MicroTech Medical (Hangzhou) Co 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 23.71, based on 455 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. MicroTech Medical (Hangzhou) Co's current PE Ratio without NRI of 55.38 is 133.6% 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 MicroTech Medical (Hangzhou) Co and its competitors. For the Medical Devices & Instruments industry, the median PE Ratio without NRI is 23.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MicroTech Medical (Hangzhou) Co's current PE Ratio without NRI is 55.38, which is 42% below median its own 10-year median of 95.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MicroTech Medical (Hangzhou) Co stock overvalued right now?
Based on GuruFocus' analysis, MicroTech Medical (Hangzhou) Co (HKSE:02235) is currently considered Possible Value Trap. The stock's GF Value™ is HK$15.94, compared to a current price of HK$7.26 — trading 54.5% below its estimated fair value. The current PE Ratio without NRI is 55.38, which is 42% below median its 10-year median of 95.65 and 133.6% above the Medical Devices & Instruments industry median of 23.71. MicroTech Medical (Hangzhou) Co's overall GF Score™ is 80/100 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 MicroTech Medical (Hangzhou) Co (HKSE:02235), the current PE Ratio without NRI is 55.38 as of Aug. 24, 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 MicroTech Medical (Hangzhou) Co (HKSE:02235) Overvalued in 2026?
Based on GuruFocus' analysis, MicroTech Medical (Hangzhou) Co stock appears to be undervalued.
The current stock price of HK$7.26 is trading 54.5% below its estimated GF Value™ of HK$15.94.
GuruFocus considers MicroTech Medical (Hangzhou) Co to be Possible Value Trap.
Key valuation signals for HKSE:02235:
PE Ratio without NRI: 55.38 (42% below median its 10-year median of 95.65)
GF Value™: HK$15.94 vs. price of HK$7.26 (54.5% below fair value)
Industry Position: 133.6% above the Medical Devices & Instruments median (#379 of 455)
No single metric tells the full story. See the HKSE:02235 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MicroTech Medical (Hangzhou) Co Ltd is focused on diabetes management, providing both diabetes treatment and diabetes monitoring medical devices to improve the diabetes management in China and globally. The Group operates in a large and fast-growing diabetes monitoring, treatment and management market in China and globally with unmet clinical needs. The company derives a majority of its revenue from China.
80GF Score
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