Fletcher KingLSE:FLK 53 PE Ratio without NRI is 42.50 as of Jul. 05, 2026, which is 175% above its 10-year median of 15.45. GuruFocus rates LSE:FLK with a GF Score™ of 53/100 and a GF Value™ of £0.46 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,190 Real Estate companies, Fletcher King ranks worse than 85.55% 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 (2026-07-05), Fletcher King's share price is £0.425.
Fletcher King's EPS without NRI for the trailing twelve months (TTM) ended in Oct. 2025 was £0.01. Therefore, Fletcher King's PE Ratio without NRI for today is 42.50.
During the past 13 years, Fletcher King's highest PE Ratio without NRI was 42.50. The lowest was 6.95. And the median was 15.45.
During the past years, Fletcher King's highestPE Ratio (TTM) was 93.75. The lowest was 3.87. And the median was 17.40.
Fletcher King's
EPS (Diluted) for the
six
months ended in Oct. 2025 was £0.00.
Its EPS (Diluted) for the trailing twelve months (TTM) ended in Oct. 2025 was £0.01.
Fletcher King's EPS (Basic) for the
six
months ended in Oct. 2025 was £0.00.
Its EPS (Basic) for the trailing twelve months (TTM) ended in Oct. 2025 was £0.01.
Fletcher King (LSE:FLK) 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.
Fletcher King PE Ratio without NRI Related Terms
Fletcher King PE Ratio without NRI Historical Data
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The historical data trend for Fletcher King'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.
LSE:FLK vs CBRE, BEKE, JLL: PE Ratio without NRI Comparison
For the Real Estate Services subindustry, Fletcher King'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.
Fletcher King PE Ratio without NRI vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Fletcher King's PE Ratio without NRI distribution charts can be found below:
* The bar in red indicates where Fletcher King's PE Ratio without NRI falls into.
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.
Fletcher King's PE Ratio without NRI for today is calculated as
Fletcher King's Share Price of today is £0.425.
For company reported semi-annually, Fletcher King's EPS without NRI for the trailing twelve months (TTM) ended in Oct. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.01.
* 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.
Fletcher King (LSE:FLK) has a PE Ratio without NRI of 42.50 as of Jul. 05, 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 Fletcher King and its competitors. This is 175% above median its historical median of 15.45. Over the past decade, Fletcher King's PE Ratio without NRI has ranged from 6.95 to 42.50. According to the industry distribution chart, Fletcher King ranks #1018 out of 1190 companies in the Real Estate industry, placing it in the top 85.5%.
Is Fletcher King's PE Ratio without NRI too high?
Fletcher King's current PE Ratio without NRI of 42.50 is 175% above median its 10-year median of 15.45. Over the past 10 years, this metric has ranged from a low of 6.95 to a high of 42.50. The Real Estate industry median PE Ratio without NRI is 13.04. Fletcher King's value of 42.50 is 225.9% above this industry median. Based on the distribution chart, Fletcher King ranks #1018 out of 1190 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Fletcher King has a GF Score™ of 53/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fletcher King's PE Ratio without NRI compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Fletcher King ranks #1018 out of 1190 companies for PE Ratio without NRI. This places Fletcher King in the lower half of its industry. The industry median PE Ratio without NRI is 13.04. Fletcher King's value of 42.50 is 225.9% above this benchmark. Historically, Fletcher King's own PE Ratio without NRI has ranged from 6.95 to 42.50 over the past decade. While the company's 10-year median is 15.45 vs. the industry median of 13.04, Fletcher King 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 Real Estate company?
The median PE Ratio without NRI among Real Estate companies is 13.04, based on 1,190 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. Fletcher King's current PE Ratio without NRI of 42.50 is 225.9% 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 Fletcher King and its competitors. For the Real Estate industry, the median PE Ratio without NRI is 13.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fletcher King's current PE Ratio without NRI is 42.50, which is 175% above median its own 10-year median of 15.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fletcher King stock overvalued right now?
Based on GuruFocus' analysis, Fletcher King (LSE:FLK) is currently considered Fairly Valued. The stock's GF Value™ is £0.46, compared to a current price of £0.43 — trading 7.6% below its estimated fair value. The current PE Ratio without NRI is 42.50, which is 175% above median its 10-year median of 15.45 and 225.9% above the Real Estate industry median of 13.04. Fletcher King's overall GF Score™ is 53/100 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 Fletcher King (LSE:FLK), the current PE Ratio without NRI is 42.50 as of Jul. 05, 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 Fletcher King (LSE:FLK) Overvalued in 2026?
Based on GuruFocus' analysis, Fletcher King stock appears to be undervalued.
The current stock price of £0.43 is trading 7.6% below its estimated GF Value™ of £0.46.
GuruFocus considers Fletcher King to be Fairly Valued.
Key valuation signals for LSE:FLK:
PE Ratio without NRI: 42.50 (175% above median its 10-year median of 15.45)
GF Value™: £0.46 vs. price of £0.43 (7.6% below fair value)
Industry Position: 225.9% above the Real Estate median (#1018 of 1190)
No single metric tells the full story. See the LSE:FLK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fletcher King PLC is a property fund management company. The company along with its subsidiaries provides a comprehensive range of property services and advice including property fund management, property asset management, rating, valuations, and investment broking throughout the United Kingdom. The group is organized into one operating segment which is General Services. It generates the majority of its revenue from the UK.
53GF 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.
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