Hermes International (MEX:RMS N) PE Ratio without NRI: 37.19 (As of Jun. 24, 2026) — 23% Below Median


MEX:RMS N Hermes International SA MEX:RMS N
81 GF Score
Price MXN35,500.00
GF Value MXN53,522.17
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Hermes International PE Ratio without NRI?

Hermes International MEX:RMS N 81 PE Ratio without NRI is 37.19 as of Jun. 24, 2026, which is 23% below its 10-year median of 48.17. GuruFocus rates MEX:RMS N with a GF Score™ of 81/100 and a GF Value™ of MXN53,522.17 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 809 Retail - Cyclical companies, Hermes International ranks worse than 79.98% 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 (2026-06-24), Hermes International's share price is MXN35500.00. Hermes International's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was MXN947.95. Therefore, Hermes International's PE Ratio without NRI for today is 37.19.

During the past 13 years, Hermes International's highest PE Ratio without NRI was 125.34. The lowest was 34.76. And the median was 48.17.

Hermes International's EPS without NRI for the six months ended in Dec. 2025 was MXN474.06. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was MXN947.95.

As of today (2026-06-24), Hermes International's share price is MXN35500.00. Hermes International's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was MXN921.64. Therefore, Hermes International's PE Ratio (TTM) for today is 38.25.

Good Sign:

Hermes International SA stock PE Ratio (=39.97) is close to 5-year low of 36.58.

During the past years, Hermes International's highest PE Ratio (TTM) was 126.84. The lowest was 35.12. And the median was 49.23.

Hermes International's EPS (Diluted) for the six months ended in Dec. 2025 was MXN457.10. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was MXN921.64.

Hermes International's EPS (Basic) for the six months ended in Dec. 2025 was MXN457.94. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2025 was MXN923.35.


Hermes International  (MEX:RMS N) 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.


Hermes International PE Ratio without NRI Related Terms


Hermes International PE Ratio without NRI Historical Data

* Premium members only.

The historical data trend for Hermes International'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.

Hermes International PE Ratio without NRI Chart

Hermes International 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 63.26 43.18 45.12 51.53 47.91

Hermes International 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 45.12 At Loss 51.53 At Loss 47.91

MEX:RMS N vs TPR, SIG: PE Ratio without NRI Comparison

For the Luxury Goods subindustry, Hermes International'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.


Hermes International PE Ratio without NRI vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Hermes International's PE Ratio without NRI distribution charts can be found below:

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


MEX:RMS N
81GF Score
Hermes International SA MEX:RMS N
PE Ratio without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
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Hermes International 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.

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

PE Ratio without NRI=Share Price/ EPS without NRI
=35500.00/954.474
=37.19

Hermes International's Share Price of today is MXN35500.00.
For company reported semi-annually, Hermes International'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 MXN947.95.

* 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 37.19 mean?
Hermes International (MEX:RMS N) has a PE Ratio without NRI of 37.19 as of Jun. 24, 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 Hermes International and its competitors. This is 23% below median its historical median of 48.17. Over the past decade, Hermes International's PE Ratio without NRI has ranged from 34.76 to 125.34. According to the industry distribution chart, Hermes International ranks #647 out of 809 companies in the Retail - Cyclical industry, placing it in the top 80%.
Is Hermes International's PE Ratio without NRI too high?
Hermes International's current PE Ratio without NRI of 37.19 is 23% below median its 10-year median of 48.17. Over the past 10 years, this metric has ranged from a low of 34.76 to a high of 125.34. The Retail - Cyclical industry median PE Ratio without NRI is 16.88. Hermes International's value of 37.19 is 120.3% above this industry median. Based on the distribution chart, Hermes International ranks #647 out of 809 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Hermes International has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hermes International's PE Ratio without NRI compare to TPR and SIG?
According to the Retail - Cyclical industry distribution chart, Hermes International ranks #647 out of 809 companies for PE Ratio without NRI. This places Hermes International in the lower half of its industry. The industry median PE Ratio without NRI is 16.88. Hermes International's value of 37.19 is 120.3% above this benchmark. Historically, Hermes International's own PE Ratio without NRI has ranged from 34.76 to 125.34 over the past decade. While the company's 10-year median is 48.17 vs. the industry median of 16.88, Hermes International 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 Retail - Cyclical company?
The median PE Ratio without NRI among Retail - Cyclical companies is 16.88, based on 809 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. Hermes International's current PE Ratio without NRI of 37.19 is 120.3% 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 Hermes International and its competitors. For the Retail - Cyclical industry, the median PE Ratio without NRI is 16.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hermes International's current PE Ratio without NRI is 37.19, which is 23% below median its own 10-year median of 48.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hermes International stock overvalued right now?
Based on GuruFocus' analysis, Hermes International (MEX:RMS N) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN53,522.17, compared to a current price of MXN35,500.00 — trading 33.7% below its estimated fair value. The current PE Ratio without NRI is 37.19, which is 23% below median its 10-year median of 48.17 and 120.3% above the Retail - Cyclical industry median of 16.88. Hermes International's overall GF Score™ is 81/100 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 Hermes International (MEX:RMS N), the current PE Ratio without NRI is 37.19 as of Jun. 24, 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 Hermes International (MEX:RMS N) Overvalued in 2026?

Based on GuruFocus' analysis, Hermes International stock appears to be undervalued. The current stock price of MXN35,500.00 is trading 33.7% below its estimated GF Value™ of MXN53,522.17. GuruFocus considers Hermes International to be Significantly Undervalued.

Key valuation signals for MEX:RMS N:

  • PE Ratio without NRI: 37.19 (23% below median its 10-year median of 48.17)
  • GF Value™: MXN53,522.17 vs. price of MXN35,500.00 (33.7% below fair value)
  • GF Score™: 81/100 with 1 warning sign
  • Industry Position: 120.3% above the Retail - Cyclical median (#647 of 809)

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


Hermes International Business Description

Address 24 rue du Faubourg Saint Honore, Paris, FRA, 75008
Hermès is over 180-year-old family controlled luxury goods company best known for its Birkin and Kelly bags. Its biggest segments are leather goods and saddlery, accounting for over 40% of revenue; clothes and accessories (28% of sales); silk and textiles (6%); and other products such as perfumes, watches, jewellery, and home furnishings. Hermès has about 300 stores globally.
81GF Score

Get the complete analysis for MEX:RMS N

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

MXN35,500.00
Price
MXN53,522.17
GF Value