Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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.
Marketingforce ManagementHKSE:02556 -15.97%11 PE Ratio without NRI is 39.45 as of Aug. 18, 2026, which is 41% below its 10-year median of 67.39. GuruFocus rates HKSE:02556 with a GF Score™ of 11/100. The stock has 8 warning signs investors should review. Among 1,728 Software companies, Marketingforce Management ranks worse than 74.42% 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 (2026-08-18), Marketingforce Management's share price is HK$47.10.
Marketingforce Management's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was HK$1.19. Therefore, Marketingforce Management's PE Ratio without NRI for today is 39.45.
During the past 5 years, Marketingforce Management's highest PE Ratio without NRI was 100.54. The lowest was 39.45. And the median was 67.39.
Marketingforce Management (HKSE:02556) 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.
Marketingforce Management PE Ratio without NRI Related Terms
Marketingforce Management 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.
Marketingforce Management PE Ratio without NRI Chart
HKSE:02556 vs QH, SHOP, UBER: PE Ratio without NRI Comparison
For the Software - Application subindustry, Marketingforce Management'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.
Marketingforce Management PE Ratio without NRI vs Software Industry
For the Software industry and Technology sector, Marketingforce Management's PE Ratio without NRI distribution charts can be found below:
* The bar in red indicates where Marketingforce Management's PE Ratio without NRI falls into.
Marketingforce Management 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.
Marketingforce Management's Share Price of today is HK$47.10.
For company reported semi-annually, Marketingforce Management'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$1.19.
* 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.
Marketingforce Management (HKSE:02556) has a PE Ratio without NRI of 39.45 as of Aug. 18, 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 Marketingforce Management and its competitors. This is 41% below median its historical median of 67.39. Over the past decade, Marketingforce Management's PE Ratio without NRI has ranged from 39.45 to 100.54. According to the industry distribution chart, Marketingforce Management ranks #1286 out of 1728 companies in the Software industry, placing it in the top 74.4%.
Is Marketingforce Management's PE Ratio without NRI too high?
Marketingforce Management's current PE Ratio without NRI of 39.45 is 41% below median its 10-year median of 67.39. Over the past 10 years, this metric has ranged from a low of 39.45 to a high of 100.54. The Software industry median PE Ratio without NRI is 20.25. Marketingforce Management's value of 39.45 is 94.8% above this industry median. Based on the distribution chart, Marketingforce Management ranks #1286 out of 1728 companies in the Software industry, which is below the industry midpoint. Overall, Marketingforce Management has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Marketingforce Management's PE Ratio without NRI compare to QH and SHOP?
According to the Software industry distribution chart, Marketingforce Management ranks #1286 out of 1728 companies for PE Ratio without NRI. This places Marketingforce Management in the lower half of its industry. The industry median PE Ratio without NRI is 20.25. Marketingforce Management's value of 39.45 is 94.8% above this benchmark. Historically, Marketingforce Management's own PE Ratio without NRI has ranged from 39.45 to 100.54 over the past decade. While the company's 10-year median is 67.39 vs. the industry median of 20.25, Marketingforce Management 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 Software company?
The median PE Ratio without NRI among Software companies is 20.25, based on 1,728 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. Marketingforce Management's current PE Ratio without NRI of 39.45 is 94.8% 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 Marketingforce Management and its competitors. For the Software industry, the median PE Ratio without NRI is 20.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marketingforce Management's current PE Ratio without NRI is 39.45, which is 41% below median its own 10-year median of 67.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marketingforce Management stock overvalued right now?
Marketingforce Management (HKSE:02556) has a current PE Ratio without NRI of 39.45. The current PE Ratio without NRI is 39.45, which is 41% below median its 10-year median of 67.39 and 94.8% above the Software industry median of 20.25. Marketingforce Management's overall GF Score™ is 11/100 with 8 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 Marketingforce Management (HKSE:02556), the current PE Ratio without NRI is 39.45 as of Aug. 18, 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.
Marketingforce Management Ltd is engaged in marketing and sales SaaS solution provider in China. It delivers marketing and sales SaaS solutions through the Marketing Force platform to enterprises. The company offers cloud-based SaaS products to enterprises to enable effective and efficient marketing and sales management, and also offers two signature SaaS products, T Cloud and True Client, which combine a series of functional modules respectively to address the pain points faced by enterprises in marketing and sales activities. The group is engaged in two segments: AI+ SaaS business and Precision marketing. Key revenue is generated from the AI+SaaS business.
11GF Score
Get the complete analysis for HKSE:02556
PE Ratio without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:02556 has been successfully added to your 
