Boxer Retail (JSE:BOX) PE Ratio without NRI: 24.25 (As of Jul. 01, 2026) — 43% Above Median


JSE:BOX Boxer Retail Ltd JSE:BOX
18 GF Score
Price R84.46
! 4 Warning Signs
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What is Boxer Retail PE Ratio without NRI?

Boxer Retail JSE:BOX +0.60% 18 PE Ratio without NRI is 24.25 as of Jul. 01, 2026, which is 43% above its 10-year median of 16.93. GuruFocus rates JSE:BOX with a GF Score™ of 18/100. The stock has 4 warning signs investors should review. Among 806 Retail - Cyclical companies, Boxer Retail ranks worse than 66.13% 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 (2026-07-01), Boxer Retail's share price is R84.46. Boxer Retail's EPS without NRI for the trailing twelve months (TTM) ended in Feb. 2026 was R3.48. Therefore, Boxer Retail's PE Ratio without NRI for today is 24.25.

During the past 5 years, Boxer Retail's highest PE Ratio without NRI was 24.84. The lowest was 13.53. And the median was 16.93.

Boxer Retail's EPS without NRI for the six months ended in Feb. 2026 was R2.35. Its EPS without NRI for the trailing twelve months (TTM) ended in Feb. 2026 was R3.48.

As of today (2026-07-01), Boxer Retail's share price is R84.46. Boxer Retail's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Feb. 2026 was R3.40. Therefore, Boxer Retail's PE Ratio (TTM) for today is 24.83.

Warning Sign:

Boxer Retail Ltd stock PE Ratio (=24.52) is close to 2-year high of 25.43.

During the past years, Boxer Retail's highest PE Ratio (TTM) was 25.43. The lowest was 15.54. And the median was 18.01.

Boxer Retail's EPS (Diluted) for the six months ended in Feb. 2026 was R2.30. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Feb. 2026 was R3.40.

Boxer Retail's EPS (Basic) for the six months ended in Feb. 2026 was R2.33. Its EPS (Basic) for the trailing twelve months (TTM) ended in Feb. 2026 was R3.44.


Boxer Retail  (JSE:BOX) 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.


Boxer Retail PE Ratio without NRI Related Terms


Boxer Retail PE Ratio without NRI Historical Data

* Premium members only.

The historical data trend for Boxer Retail'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.

Boxer Retail PE Ratio without NRI Chart

Boxer Retail Annual Data
Trend Feb22 Feb23 Feb24 Feb25 Feb26
PE Ratio without NRI
N/A N/A N/A 16.23 20.30

Boxer Retail Semi-Annual Data
Feb22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
PE Ratio without NRI Get a 7-Day Free Trial N/A At Loss 16.23 At Loss 20.30

JSE:BOX vs DDS, M: PE Ratio without NRI Comparison

For the Department Stores subindustry, Boxer Retail'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.


Boxer Retail PE Ratio without NRI vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Boxer Retail's PE Ratio without NRI distribution charts can be found below:

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


JSE:BOX
18GF Score
Boxer Retail Ltd JSE:BOX
PE Ratio without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
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Boxer Retail 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.

Boxer Retail's PE Ratio without NRI for today is calculated as

PE Ratio without NRI=Share Price/ EPS without NRI
=84.46/3.483
=24.25

Boxer Retail's Share Price of today is R84.46.
For company reported semi-annually, Boxer Retail's EPS without NRI for the trailing twelve months (TTM) ended in Feb. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was R3.48.

* 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 24.25 mean?
Boxer Retail (JSE:BOX) has a PE Ratio without NRI of 24.25 as of Jul. 01, 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 Boxer Retail and its competitors. This is 43% above median its historical median of 16.93. Over the past decade, Boxer Retail's PE Ratio without NRI has ranged from 13.53 to 24.84. According to the industry distribution chart, Boxer Retail ranks #533 out of 806 companies in the Retail - Cyclical industry, placing it in the top 66.1%.
Is Boxer Retail's PE Ratio without NRI too high?
Boxer Retail's current PE Ratio without NRI of 24.25 is 43% above median its 10-year median of 16.93. Over the past 10 years, this metric has ranged from a low of 13.53 to a high of 24.84. The Retail - Cyclical industry median PE Ratio without NRI is 17.01. Boxer Retail's value of 24.25 is 42.6% above this industry median. Based on the distribution chart, Boxer Retail ranks #533 out of 806 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Boxer Retail has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Boxer Retail's PE Ratio without NRI compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Boxer Retail ranks #533 out of 806 companies for PE Ratio without NRI. This places Boxer Retail in the lower half of its industry. The industry median PE Ratio without NRI is 17.01. Boxer Retail's value of 24.25 is 42.6% above this benchmark. Historically, Boxer Retail's own PE Ratio without NRI has ranged from 13.53 to 24.84 over the past decade. While the company's 10-year median is 16.93 vs. the industry median of 17.01, Boxer Retail 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 Retail - Cyclical company?
The median PE Ratio without NRI among Retail - Cyclical companies is 17.01, based on 806 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. Boxer Retail's current PE Ratio without NRI of 24.25 is 42.6% 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 Boxer Retail and its competitors. For the Retail - Cyclical industry, the median PE Ratio without NRI is 17.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Boxer Retail's current PE Ratio without NRI is 24.25, which is 43% above median its own 10-year median of 16.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boxer Retail stock overvalued right now?
Boxer Retail (JSE:BOX) has a current PE Ratio without NRI of 24.25. The current PE Ratio without NRI is 24.25, which is 43% above median its 10-year median of 16.93 and 42.6% above the Retail - Cyclical industry median of 17.01. Boxer Retail's overall GF Score™ is 18/100 with 4 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 Boxer Retail (JSE:BOX), the current PE Ratio without NRI is 24.25 as of Jul. 01, 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.

Boxer Retail Business Description

Address 41 The Boulevard, PO Box 370, Westend Office Park, Westville, NL, ZAF, 3630
Boxer Retail Ltd is engaged in the retail of food, health and beauty products, general merchandise and liquor, and additional value-added services, in South Africa and Eswatini. The group has one operating segment, namely Boxer Group which includes all retail operations under the Boxer Superstores, Boxer Build and Boxer Liquors brands selling products such as groceries, general merchandise and liquor.
18GF Score

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

R84.46
Price