Malta International Airport (MAL:MIA) PE Ratio without NRI: 16.99 (As of Jun. 29, 2026) — 36% Below Median


MAL:MIA Malta International Airport PLC MAL:MIA
100 GF Score
Price €6.20
GF Value €8.02
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Malta International Airport PE Ratio without NRI?

Malta International Airport MAL:MIA 100 PE Ratio without NRI is 16.99 as of Jun. 29, 2026, which is 36% below its 10-year median of 26.58. GuruFocus rates MAL:MIA with a GF Score™ of 100/100 and a GF Value™ of €8.02 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 795 Transportation companies, Malta International Airport ranks worse than 56.48% 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 (2026-06-29), Malta International Airport's share price is €6.20. Malta International Airport's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was €0.37. Therefore, Malta International Airport's PE Ratio without NRI for today is 16.99.

During the past 13 years, Malta International Airport's highest PE Ratio without NRI was 118.63. The lowest was 15.75. And the median was 26.58.

Malta International Airport's EPS without NRI for the six months ended in Dec. 2025 was €0.19. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was €0.37.

As of today (2026-06-29), Malta International Airport's share price is €6.20. Malta International Airport's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €0.37. Therefore, Malta International Airport's PE Ratio (TTM) for today is 16.85.

Good Sign:

Malta International Airport PLC stock PE Ratio (=16.85) is close to 10-year low of 15.63.

During the past years, Malta International Airport's highest PE Ratio (TTM) was 116.35. The lowest was 15.63. And the median was 26.41.

Malta International Airport's EPS (Diluted) for the six months ended in Dec. 2025 was €0.19. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €0.37.

Malta International Airport's EPS (Basic) for the six months ended in Dec. 2025 was €0.19. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2025 was €0.37.


Malta International Airport  (MAL:MIA) 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.


Malta International Airport PE Ratio without NRI Related Terms


Malta International Airport PE Ratio without NRI Historical Data

* Premium members only.

The historical data trend for Malta International Airport'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.

Malta International Airport PE Ratio without NRI Chart

Malta International Airport 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 117.65 20.28 19.30 16.96 15.75

Malta International Airport 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 19.30 At Loss 16.96 At Loss 15.75

MAL:MIA vs JOBY, CAAP: PE Ratio without NRI Comparison

For the Airports & Air Services subindustry, Malta International Airport'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.


Malta International Airport PE Ratio without NRI vs Transportation Industry

For the Transportation industry and Industrials sector, Malta International Airport's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where Malta International Airport's PE Ratio without NRI falls into.


MAL:MIA
100GF Score
Malta International Airport PLC MAL:MIA
PE Ratio without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
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Malta International Airport 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.

Malta International Airport's PE Ratio without NRI for today is calculated as

PE Ratio without NRI=Share Price/ EPS without NRI
=6.20/0.365
=16.99

Malta International Airport's Share Price of today is €6.20.
For company reported semi-annually, Malta International Airport'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 €0.37.

* 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 16.99 mean?
Malta International Airport (MAL:MIA) has a PE Ratio without NRI of 16.99 as of Jun. 29, 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 Malta International Airport and its competitors. This is 36% below median its historical median of 26.58. Over the past decade, Malta International Airport's PE Ratio without NRI has ranged from 15.75 to 118.63. According to the industry distribution chart, Malta International Airport ranks #449 out of 795 companies in the Transportation industry, placing it in the top 56.5%.
Is Malta International Airport's PE Ratio without NRI too high?
Malta International Airport's current PE Ratio without NRI of 16.99 is 36% below median its 10-year median of 26.58. Over the past 10 years, this metric has ranged from a low of 15.75 to a high of 118.63. The Transportation industry median PE Ratio without NRI is 15.07. Malta International Airport's value of 16.99 is 12.7% above this industry median. Based on the distribution chart, Malta International Airport ranks #449 out of 795 companies in the Transportation industry, which is below the industry midpoint. Overall, Malta International Airport has a GF Score™ of 100/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Malta International Airport's PE Ratio without NRI compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Malta International Airport ranks #449 out of 795 companies for PE Ratio without NRI. This places Malta International Airport in the lower half of its industry. The industry median PE Ratio without NRI is 15.07. Malta International Airport's value of 16.99 is 12.7% above this benchmark. Historically, Malta International Airport's own PE Ratio without NRI has ranged from 15.75 to 118.63 over the past decade. While the company's 10-year median is 26.58 vs. the industry median of 15.07, Malta International Airport 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 Transportation company?
The median PE Ratio without NRI among Transportation companies is 15.07, based on 795 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. Malta International Airport's current PE Ratio without NRI of 16.99 is 12.7% 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 Malta International Airport and its competitors. For the Transportation industry, the median PE Ratio without NRI is 15.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Malta International Airport's current PE Ratio without NRI is 16.99, which is 36% below median its own 10-year median of 26.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Malta International Airport stock overvalued right now?
Based on GuruFocus' analysis, Malta International Airport (MAL:MIA) is currently considered Modestly Undervalued. The stock's GF Value™ is €8.02, compared to a current price of €6.20 — trading 22.7% below its estimated fair value. The current PE Ratio without NRI is 16.99, which is 36% below median its 10-year median of 26.58 and 12.7% above the Transportation industry median of 15.07. Malta International Airport's overall GF Score™ is 100/100 with 1 warning sign 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 Malta International Airport (MAL:MIA), the current PE Ratio without NRI is 16.99 as of Jun. 29, 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 Malta International Airport (MAL:MIA) Overvalued in 2026?

Based on GuruFocus' analysis, Malta International Airport stock appears to be undervalued. The current stock price of €6.20 is trading 22.7% below its estimated GF Value™ of €8.02. GuruFocus considers Malta International Airport to be Modestly Undervalued.

Key valuation signals for MAL:MIA:

  • PE Ratio without NRI: 16.99 (36% below median its 10-year median of 26.58)
  • GF Value™: €8.02 vs. price of €6.20 (22.7% below fair value)
  • GF Score™: 100/100 with 1 warning sign
  • Industry Position: 12.7% above the Transportation median (#449 of 795)

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


Malta International Airport Business Description

Address Malta International Airport, Luqa, MLT, LQA 4000
Malta International Airport PLC develops, operates, and manages Malta International Airport. Its segments include the Airport Segment, which provides services such as revenue from airport-regulated fees, aviation concessions, and persons with reduced mobility and their associated costs. This segment also includes the operations and maintenance of the terminal, runways, taxiways and aircraft parks. The Retail and Property Segment includes the operations of the various retail outlets within the airport perimeter, advertising sites and rental of offices, warehouses and income from the running of the VIP lounges. Income and costs from Airport Parking Limited, Sky Parks Business Centre Limited and Sky Parks Development Limited are also allocated within the Retail and Property Segment.
100GF 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.

€6.20
Price
€8.02
GF Value