Schroder British Opportunities TrustLSE:SBO 40 PE Ratio without NRI is 27.70 as of Jul. 03, 2026, which is 5% below its 10-year median of 29.07. GuruFocus rates LSE:SBO with a GF Score™ of 40/100 and a GF Value™ of £0.69 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,199 Asset Management companies, Schroder British Opportunities Trust ranks worse than 78.73% 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 (2026-07-03), Schroder British Opportunities Trust's share price is £0.6925.
Schroder British Opportunities Trust's EPS without NRI for the trailing twelve months (TTM) ended in Sep. 2025 was £0.03. Therefore, Schroder British Opportunities Trust's PE Ratio without NRI for today is 27.70.
During the past 4 years, Schroder British Opportunities Trust's highest PE Ratio without NRI was 152.00. The lowest was 24.81. And the median was 29.07.
Schroder British Opportunities Trust (LSE:SBO) 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.
Schroder British Opportunities Trust PE Ratio without NRI Related Terms
Schroder British Opportunities Trust 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.
Schroder British Opportunities Trust PE Ratio without NRI Chart
Schroder British Opportunities Trust Annual Data
Trend
Jun21
Mar23
Mar24
Mar25
PE Ratio without NRI
N/A
25.37
29.44
139.00
Schroder British Opportunities Trust Semi-Annual Data
LSE:SBO vs BLK, BX, KKR: PE Ratio without NRI Comparison
For the Asset Management subindustry, Schroder British Opportunities Trust'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.
Schroder British Opportunities Trust PE Ratio without NRI vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Schroder British Opportunities Trust's PE Ratio without NRI distribution charts can be found below:
* The bar in red indicates where Schroder British Opportunities Trust's PE Ratio without NRI falls into.
Schroder British Opportunities Trust 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.
Schroder British Opportunities Trust's Share Price of today is £0.6925.
For company reported semi-annually, Schroder British Opportunities Trust's EPS without NRI for the trailing twelve months (TTM) ended in Sep. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.03.
* 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.
Schroder British Opportunities Trust (LSE:SBO) has a PE Ratio without NRI of 27.70 as of Jul. 03, 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 Schroder British Opportunities Trust and its competitors. This is near median its historical median of 29.07. Over the past decade, Schroder British Opportunities Trust's PE Ratio without NRI has ranged from 24.81 to 152.00. According to the industry distribution chart, Schroder British Opportunities Trust ranks #944 out of 1199 companies in the Asset Management industry, placing it in the top 78.7%.
Is Schroder British Opportunities Trust's PE Ratio without NRI too high?
Schroder British Opportunities Trust's current PE Ratio without NRI of 27.70 is near median its 10-year median of 29.07. Over the past 10 years, this metric has ranged from a low of 24.81 to a high of 152.00. The Asset Management industry median PE Ratio without NRI is 11.69. Schroder British Opportunities Trust's value of 27.70 is 137% above this industry median. Based on the distribution chart, Schroder British Opportunities Trust ranks #944 out of 1199 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Schroder British Opportunities Trust has a GF Score™ of 40/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Schroder British Opportunities Trust's PE Ratio without NRI compare to BLK and BX?
According to the Asset Management industry distribution chart, Schroder British Opportunities Trust ranks #944 out of 1199 companies for PE Ratio without NRI. This places Schroder British Opportunities Trust in the lower half of its industry. The industry median PE Ratio without NRI is 11.69. Schroder British Opportunities Trust's value of 27.70 is 137% above this benchmark. Historically, Schroder British Opportunities Trust's own PE Ratio without NRI has ranged from 24.81 to 152.00 over the past decade. While the company's 10-year median is 29.07 vs. the industry median of 11.69, Schroder British Opportunities Trust 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 an Asset Management company?
The median PE Ratio without NRI among Asset Management companies is 11.69, based on 1,199 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. Schroder British Opportunities Trust's current PE Ratio without NRI of 27.70 is 137% 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 Schroder British Opportunities Trust and its competitors. For the Asset Management industry, the median PE Ratio without NRI is 11.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Schroder British Opportunities Trust's current PE Ratio without NRI is 27.70, which is near median its own 10-year median of 29.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Schroder British Opportunities Trust stock overvalued right now?
Based on GuruFocus' analysis, Schroder British Opportunities Trust (LSE:SBO) is currently considered Fairly Valued. The stock's GF Value™ is £0.69, compared to a current price of £0.69 — trading 0.4% above its estimated fair value. The current PE Ratio without NRI is 27.70, which is near median its 10-year median of 29.07 and 137% above the Asset Management industry median of 11.69. Schroder British Opportunities Trust's overall GF Score™ is 40/100 with 3 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 Schroder British Opportunities Trust (LSE:SBO), the current PE Ratio without NRI is 27.70 as of Jul. 03, 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 Schroder British Opportunities Trust (LSE:SBO) Overvalued in 2026?
Based on GuruFocus' analysis, Schroder British Opportunities Trust stock appears to be overvalued.
The current stock price of £0.69 is trading 0.4% above its estimated GF Value™ of £0.69.
GuruFocus considers Schroder British Opportunities Trust to be Fairly Valued.
Key valuation signals for LSE:SBO:
PE Ratio without NRI: 27.70 (near median its 10-year median of 29.07)
GF Value™: £0.69 vs. price of £0.69 (0.4% above fair value)
Industry Position: 137% above the Asset Management median (#944 of 1199)
No single metric tells the full story. See the LSE:SBO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Schroder British Opportunities Trust Business Description
Schroder British Opportunities Trust PLC is an asset management company. Its investment objective is to deliver long-term total returns throughout the company's life by investing in a diversified public equity and private equity portfolio of predominantly UK companies. Its portfolio predominantly consists of securities of UK companies from different sectors such as Software, IT services, Insurance, Hotels, Restaurants & Leisure, Health Care Technology, and others.
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