Trellidor Holdings (JSE:TRL) PE Ratio without NRI: 47.78 (As of Jul. 11, 2026) — 424% Above Median


JSE:TRL Trellidor Holdings Ltd JSE:TRL
70 GF Score
Price R1.29
GF Value R1.44
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Trellidor Holdings PE Ratio without NRI?

Trellidor Holdings JSE:TRL 70 PE Ratio without NRI is 47.78 as of Jul. 11, 2026, which is 424% above its 10-year median of 9.12. GuruFocus rates JSE:TRL with a GF Score™ of 70/100 and a GF Value™ of R1.44 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 794 Business Services companies, Trellidor Holdings ranks worse than 89.17% 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 (2026-07-11), Trellidor Holdings's share price is R1.29. Trellidor Holdings's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was R0.03. Therefore, Trellidor Holdings's PE Ratio without NRI for today is 47.78.

During the past 11 years, Trellidor Holdings's highest PE Ratio without NRI was 725.00. The lowest was 3.87. And the median was 9.12.

Trellidor Holdings's EPS without NRI for the six months ended in Dec. 2025 was R0.01. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was R0.03.

As of today (2026-07-11), Trellidor Holdings's share price is R1.29. Trellidor Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was R-0.71. Therefore, Trellidor Holdings's PE Ratio (TTM) for today is At Loss.

During the past years, Trellidor Holdings's highest PE Ratio (TTM) was 725.00. The lowest was 0.00. And the median was 9.12.

Trellidor Holdings's EPS (Diluted) for the six months ended in Dec. 2025 was R0.01. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was R-0.71.

Trellidor Holdings's EPS (Basic) for the six months ended in Dec. 2025 was R0.01. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2025 was R-0.71.


Trellidor Holdings  (JSE:TRL) 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.


Trellidor Holdings PE Ratio without NRI Related Terms


Trellidor Holdings PE Ratio without NRI Historical Data

* Premium members only.

The historical data trend for Trellidor Holdings'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.

Trellidor Holdings PE Ratio without NRI Chart

Trellidor Holdings Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
PE Ratio without NRI
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.58 687.50 63.81 5.65 6.10

Trellidor Holdings 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 At Loss 5.65 At Loss 6.10 At Loss

JSE:TRL vs ALLE, MSA, ADT: PE Ratio without NRI Comparison

For the Security & Protection Services subindustry, Trellidor Holdings'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.


Trellidor Holdings PE Ratio without NRI vs Business Services Industry

For the Business Services industry and Industrials sector, Trellidor Holdings's PE Ratio without NRI distribution charts can be found below:

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


JSE:TRL
70GF Score
Trellidor Holdings Ltd JSE:TRL
PE Ratio without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
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Trellidor Holdings 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.

Trellidor Holdings's PE Ratio without NRI for today is calculated as

PE Ratio without NRI=Share Price/ EPS without NRI
=1.29/0.027
=47.78

Trellidor Holdings's Share Price of today is R1.29.
For company reported semi-annually, Trellidor Holdings'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 R0.03.

* 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 47.78 mean?
Trellidor Holdings (JSE:TRL) has a PE Ratio without NRI of 47.78 as of Jul. 11, 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 Trellidor Holdings and its competitors. This is 424% above median its historical median of 9.12. Over the past decade, Trellidor Holdings' PE Ratio without NRI has ranged from 3.87 to 725.00. According to the industry distribution chart, Trellidor Holdings ranks #708 out of 794 companies in the Business Services industry, placing it in the top 89.2%.
Is Trellidor Holdings' PE Ratio without NRI too high?
Trellidor Holdings' current PE Ratio without NRI of 47.78 is 424% above median its 10-year median of 9.12. Over the past 10 years, this metric has ranged from a low of 3.87 to a high of 725.00. The Business Services industry median PE Ratio without NRI is 15.33. Trellidor Holdings' value of 47.78 is 211.7% above this industry median. Based on the distribution chart, Trellidor Holdings ranks #708 out of 794 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Trellidor Holdings has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Trellidor Holdings' PE Ratio without NRI compare to ALLE and MSA?
According to the Business Services industry distribution chart, Trellidor Holdings ranks #708 out of 794 companies for PE Ratio without NRI. This places Trellidor Holdings in the lower half of its industry. The industry median PE Ratio without NRI is 15.33. Trellidor Holdings' value of 47.78 is 211.7% above this benchmark. Historically, Trellidor Holdings' own PE Ratio without NRI has ranged from 3.87 to 725.00 over the past decade. While the company's 10-year median is 9.12 vs. the industry median of 15.33, Trellidor Holdings 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 Business Services company?
The median PE Ratio without NRI among Business Services companies is 15.33, based on 794 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. Trellidor Holdings's current PE Ratio without NRI of 47.78 is 211.7% 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 Trellidor Holdings and its competitors. For the Business Services industry, the median PE Ratio without NRI is 15.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trellidor Holdings's current PE Ratio without NRI is 47.78, which is 424% above median its own 10-year median of 9.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trellidor Holdings stock overvalued right now?
Based on GuruFocus' analysis, Trellidor Holdings (JSE:TRL) is currently considered Modestly Undervalued. The stock's GF Value™ is R1.44, compared to a current price of R1.29 — trading 10.4% below its estimated fair value. The current PE Ratio without NRI is 47.78, which is 424% above median its 10-year median of 9.12 and 211.7% above the Business Services industry median of 15.33. Trellidor Holdings' overall GF Score™ is 70/100 with 5 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 Trellidor Holdings (JSE:TRL), the current PE Ratio without NRI is 47.78 as of Jul. 11, 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 Trellidor Holdings (JSE:TRL) Overvalued in 2026?

Based on GuruFocus' analysis, Trellidor Holdings stock appears to be undervalued. The current stock price of R1.29 is trading 10.4% below its estimated GF Value™ of R1.44. GuruFocus considers Trellidor Holdings to be Modestly Undervalued.

Key valuation signals for JSE:TRL:

  • PE Ratio without NRI: 47.78 (424% above median its 10-year median of 9.12)
  • GF Value™: R1.44 vs. price of R1.29 (10.4% below fair value)
  • GF Score™: 70/100 with 5 warning signs
  • Industry Position: 211.7% above the Business Services median (#708 of 794)

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


Trellidor Holdings Business Description

Address 20 Aberdare Drive, Phoenix Industrial Park, Durban, NL, ZAF, 4001
Trellidor Holdings Ltd operates in the security and protection services industry. The group operating segments include Trellidor; and Holdings. Its Trellidor segment is engaged in the manufacture and distribution of custom-made barrier security products. Holdings is engaged in Management of the group treasury function and receives management fee income. It generates maximum revenue from the Trellidor segment. Geographically, it derives a majority of its revenue from South Africa, and also has its presence in Rest of Africa and Rest of the world.
70GF 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.

R1.29
Price
R1.44
GF Value