Valterra Platinum (JSE:VAL) PE Ratio without NRI: 18.00 (As of Jun. 28, 2026) — Near Median


JSE:VAL Valterra Platinum Ltd JSE:VAL
79 GF Score
Price R1,136.93
GF Value R809.40
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Valterra Platinum PE Ratio without NRI?

Valterra Platinum JSE:VAL +0.61% 79 PE Ratio without NRI is 18.00 as of Jun. 28, 2026, which is 2% below its 10-year median of 18.45. GuruFocus rates JSE:VAL with a GF Score™ of 79/100 and a GF Value™ of R809.40 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 639 Metals & Mining companies, Valterra Platinum ranks worse than 55.71% 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 (2026-06-28), Valterra Platinum's share price is R1136.93. Valterra Platinum's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was R63.18. Therefore, Valterra Platinum's PE Ratio without NRI for today is 18.00.

During the past 13 years, Valterra Platinum's highest PE Ratio without NRI was 58.70. The lowest was 3.22. And the median was 18.45.

Valterra Platinum's EPS without NRI for the six months ended in Dec. 2025 was R58.46. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was R63.18.

As of today (2026-06-28), Valterra Platinum's share price is R1136.93. Valterra Platinum's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was R58.44. Therefore, Valterra Platinum's PE Ratio (TTM) for today is 19.45.

Good Sign:

Valterra Platinum Ltd stock PE Ratio (=19.45) is close to 1-year low of 19.45.

During the past years, Valterra Platinum's highest PE Ratio (TTM) was 173.65. The lowest was 3.20. And the median was 18.77.

Valterra Platinum's EPS (Diluted) for the six months ended in Dec. 2025 was R56.22. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was R58.44.

Valterra Platinum's EPS (Basic) for the six months ended in Dec. 2025 was R56.49. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2025 was R58.72.


Valterra Platinum  (JSE:VAL) 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.


Valterra Platinum PE Ratio without NRI Related Terms


Valterra Platinum PE Ratio without NRI Historical Data

* Premium members only.

The historical data trend for Valterra Platinum'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.

Valterra Platinum PE Ratio without NRI Chart

Valterra Platinum Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PE Ratio without NRI
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.06 7.69 18.11 17.79 22.31

Valterra Platinum 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 18.11 At Loss 17.79 At Loss 22.31

JSE:VAL vs HL: PE Ratio without NRI Comparison

For the Other Precious Metals & Mining subindustry, Valterra Platinum'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.


Valterra Platinum PE Ratio without NRI vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Valterra Platinum's PE Ratio without NRI distribution charts can be found below:

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


JSE:VAL
79GF Score
Valterra Platinum Ltd JSE:VAL
PE Ratio without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Valterra Platinum 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.

Valterra Platinum's PE Ratio without NRI for today is calculated as

PE Ratio without NRI=Share Price/ EPS without NRI
=1136.93/63.180
=18

Valterra Platinum's Share Price of today is R1136.93.
For company reported semi-annually, Valterra Platinum'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 R63.18.

* 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 18.00 mean?
Valterra Platinum (JSE:VAL) has a PE Ratio without NRI of 18.00 as of Jun. 28, 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 Valterra Platinum and its competitors. This is near median its historical median of 18.45. Over the past decade, Valterra Platinum's PE Ratio without NRI has ranged from 3.22 to 58.70. According to the industry distribution chart, Valterra Platinum ranks #356 out of 639 companies in the Metals & Mining industry, placing it in the top 55.7%.
Is Valterra Platinum's PE Ratio without NRI too high?
Valterra Platinum's current PE Ratio without NRI of 18.00 is near median its 10-year median of 18.45. Over the past 10 years, this metric has ranged from a low of 3.22 to a high of 58.70. The Metals & Mining industry median PE Ratio without NRI is 15.73. Valterra Platinum's value of 18.00 is 14.4% above this industry median. Based on the distribution chart, Valterra Platinum ranks #356 out of 639 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Valterra Platinum has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Valterra Platinum's PE Ratio without NRI compare to HL?
According to the Metals & Mining industry distribution chart, Valterra Platinum ranks #356 out of 639 companies for PE Ratio without NRI. This places Valterra Platinum in the lower half of its industry. The industry median PE Ratio without NRI is 15.73. Valterra Platinum's value of 18.00 is 14.4% above this benchmark. Historically, Valterra Platinum's own PE Ratio without NRI has ranged from 3.22 to 58.70 over the past decade. While the company's 10-year median is 18.45 vs. the industry median of 15.73, Valterra Platinum 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 Metals & Mining company?
The median PE Ratio without NRI among Metals & Mining companies is 15.73, based on 639 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. Valterra Platinum's current PE Ratio without NRI of 18.00 is 14.4% 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 Valterra Platinum and its competitors. For the Metals & Mining industry, the median PE Ratio without NRI is 15.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Valterra Platinum's current PE Ratio without NRI is 18.00, which is near median its own 10-year median of 18.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Valterra Platinum stock overvalued right now?
Based on GuruFocus' analysis, Valterra Platinum (JSE:VAL) is currently considered Significantly Overvalued. The stock's GF Value™ is R809.40, compared to a current price of R1,136.93 — trading 40.5% above its estimated fair value. The current PE Ratio without NRI is 18.00, which is near median its 10-year median of 18.45 and 14.4% above the Metals & Mining industry median of 15.73. Valterra Platinum's overall GF Score™ is 79/100 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 Valterra Platinum (JSE:VAL), the current PE Ratio without NRI is 18.00 as of Jun. 28, 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 Valterra Platinum (JSE:VAL) Overvalued in 2026?

Based on GuruFocus' analysis, Valterra Platinum stock appears to be overvalued. The current stock price of R1,136.93 is trading 40.5% above its estimated GF Value™ of R809.40. GuruFocus considers Valterra Platinum to be Significantly Overvalued.

Key valuation signals for JSE:VAL:

  • PE Ratio without NRI: 18.00 (near median its 10-year median of 18.45)
  • GF Value™: R809.40 vs. price of R1,136.93 (40.5% above fair value)
  • GF Score™: 79/100 with 6 warning signs
  • Industry Position: 14.4% above the Metals & Mining median (#356 of 639)

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


Valterra Platinum Business Description

Address 144 Oxford Road, Melrose, Rosebank, Johannesburg, GT, ZAF, 2196
Valterra Platinum Ltd supplies platinum group metals (PGMs). It provides services across the value chain, including mining, recycling, and trading of metals. Its products include PGMs such as platinum, palladium, rhodium, iridium, and ruthenium; base metals such as copper, nickel, cobalt sulphate, and chrome; and other by-products such as gold and sodium sulphate, with operations across different stages of production. The majority of the company's revenue is derived from the sale of Platinum. Geographically, it generates the maximum revenue from Japan.
79GF Score

Get the complete analysis for JSE:VAL

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

R1,136.93
Price
R809.40
GF Value