Khadim India (NSE:KHADIM) PE Ratio without NRI: 39.49 (As of Jul. 15, 2026) — 52% Above Median

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NSE:KHADIM Khadim India Ltd NSE:KHADIM
54 GF Score
Price ₹100.79
GF Value ₹193.70
Valuation Possible Value Trap
! 6 Warning Signs
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What is Khadim India PE Ratio without NRI?

Khadim India NSE:KHADIM -0.54% 54 PE Ratio without NRI is 39.49 as of Jul. 15, 2026, which is 52% above its 10-year median of 26.04. GuruFocus rates NSE:KHADIM with a GF Score™ of 54/100 and a GF Value™ of ₹193.70 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 733 Manufacturing - Apparel & Accessories companies, Khadim India ranks worse than 76.67% 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 (2026-07-15), Khadim India's share price is ₹100.79. Khadim India's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was ₹2.55. Therefore, Khadim India's PE Ratio without NRI for today is 39.49.

During the past 11 years, Khadim India's highest PE Ratio without NRI was 63.30. The lowest was 13.30. And the median was 26.04.

Khadim India's EPS without NRI for the three months ended in Mar. 2026 was ₹0.41. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was ₹2.55.

As of today (2026-07-15), Khadim India's share price is ₹100.79. Khadim India's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹1.69. Therefore, Khadim India's PE Ratio (TTM) for today is 59.64.

During the past years, Khadim India's highest PE Ratio (TTM) was 126.30. The lowest was 13.88. And the median was 41.94.

Khadim India's EPS (Diluted) for the three months ended in Mar. 2026 was ₹0.41. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹1.69.

Khadim India's EPS (Basic) for the three months ended in Mar. 2026 was ₹0.41. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹1.69.


Khadim India  (NSE:KHADIM) 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.


Khadim India PE Ratio without NRI Related Terms


Khadim India PE Ratio without NRI Historical Data

* Premium members only.

The historical data trend for Khadim India'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.

Khadim India PE Ratio without NRI Chart

Khadim India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PE Ratio without NRI
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.00 20.66 18.77 23.37 34.20

Khadim India Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 23.37 30.53 33.16 34.77 34.20

NSE:KHADIM vs NKE, DECK, ONON: PE Ratio without NRI Comparison

For the Footwear & Accessories subindustry, Khadim India'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.


Khadim India PE Ratio without NRI vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Khadim India's PE Ratio without NRI distribution charts can be found below:

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


NSE:KHADIM
54GF Score
Khadim India Ltd NSE:KHADIM
PE Ratio without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Khadim India 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.

Khadim India's PE Ratio without NRI for today is calculated as

PE Ratio without NRI=Share Price/ EPS without NRI
=100.79/2.552
=39.49

Khadim India's Share Price of today is ₹100.79.
Khadim India's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹2.55.

* 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 39.49 mean?
Khadim India (NSE:KHADIM) has a PE Ratio without NRI of 39.49 as of Jul. 15, 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 Khadim India and its competitors. This is 52% above median its historical median of 26.04. Over the past decade, Khadim India's PE Ratio without NRI has ranged from 13.30 to 63.30. According to the industry distribution chart, Khadim India ranks #562 out of 733 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 76.7%.
Is Khadim India's PE Ratio without NRI too high?
Khadim India's current PE Ratio without NRI of 39.49 is 52% above median its 10-year median of 26.04. Over the past 10 years, this metric has ranged from a low of 13.30 to a high of 63.30. The Manufacturing - Apparel & Accessories industry median PE Ratio without NRI is 17.09. Khadim India's value of 39.49 is 131.1% above this industry median. Based on the distribution chart, Khadim India ranks #562 out of 733 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Khadim India has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Khadim India's PE Ratio without NRI compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Khadim India ranks #562 out of 733 companies for PE Ratio without NRI. This places Khadim India in the lower half of its industry. The industry median PE Ratio without NRI is 17.09. Khadim India's value of 39.49 is 131.1% above this benchmark. Historically, Khadim India's own PE Ratio without NRI has ranged from 13.30 to 63.30 over the past decade. While the company's 10-year median is 26.04 vs. the industry median of 17.09, Khadim India 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 Manufacturing - Apparel & Accessories company?
The median PE Ratio without NRI among Manufacturing - Apparel & Accessories companies is 17.09, based on 733 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. Khadim India's current PE Ratio without NRI of 39.49 is 131.1% 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 Khadim India and its competitors. For the Manufacturing - Apparel & Accessories industry, the median PE Ratio without NRI is 17.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Khadim India's current PE Ratio without NRI is 39.49, which is 52% above median its own 10-year median of 26.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Khadim India stock overvalued right now?
Based on GuruFocus' analysis, Khadim India (NSE:KHADIM) is currently considered Possible Value Trap. The stock's GF Value™ is ₹193.70, compared to a current price of ₹100.79 — trading 48% below its estimated fair value. The current PE Ratio without NRI is 39.49, which is 52% above median its 10-year median of 26.04 and 131.1% above the Manufacturing - Apparel & Accessories industry median of 17.09. Khadim India's overall GF Score™ is 54/100 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 Khadim India (NSE:KHADIM), the current PE Ratio without NRI is 39.49 as of Jul. 15, 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 Khadim India (NSE:KHADIM) Overvalued in 2026?

Based on GuruFocus' analysis, Khadim India stock appears to be undervalued. The current stock price of ₹100.79 is trading 48% below its estimated GF Value™ of ₹193.70. GuruFocus considers Khadim India to be Possible Value Trap.

Key valuation signals for NSE:KHADIM:

  • PE Ratio without NRI: 39.49 (52% above median its 10-year median of 26.04)
  • GF Value™: ₹193.70 vs. price of ₹100.79 (48% below fair value)
  • GF Score™: 54/100 with 6 warning signs
  • Industry Position: 131.1% above the Manufacturing - Apparel & Accessories median (#562 of 733)

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


Khadim India Business Description

Other Exchanges 540775:India
Address 08 Major Arterial Road, 7th Floor, Tower C, RDB Primarc TechPark, Block - AF, New Town (Rajarhat), Kolkata, WB, IND, 7000156
Khadim India Ltd is a wholesaler and retailer of footwear in India. The retail business operates through its retail stores catering to the middle and the upper-middle-income consumers in metros and Tier I - Tier III cities, and the distribution business operates through a network of distributors catering to lower and middle-income consumers in metros and Tier I - Tier III cities. The company generates the majority of revenue from India.
54GF Score

Get the complete analysis for NSE:KHADIM

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

₹100.79
Price
₹193.70
GF Value