Kirloskar Oil EnginesNSE:KIRLOSENG +2.77%73 PE Ratio without NRI is 61.17 as of Jul. 11, 2026, which is 173% above its 10-year median of 22.40. GuruFocus rates NSE:KIRLOSENG with a GF Score™ of 73/100 and a GF Value™ of ₹1,197.05 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,268 Industrial Products companies, Kirloskar Oil Engines ranks worse than 76.1% 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 (2026-07-11), Kirloskar Oil Engines's share price is ₹2491.90.
Kirloskar Oil Engines's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was ₹40.73. Therefore, Kirloskar Oil Engines's PE Ratio without NRI for today is 61.17.
During the past 13 years, Kirloskar Oil Engines's highest PE Ratio without NRI was 90.84. The lowest was 6.88. And the median was 22.40.
Kirloskar Oil Engines (NSE:KIRLOSENG) 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.
Kirloskar Oil Engines PE Ratio without NRI Related Terms
Kirloskar Oil Engines PE Ratio without NRI Historical Data
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The historical data trend for Kirloskar Oil Engines'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.
NSE:KIRLOSENG vs GEV, ETN, PH: PE Ratio without NRI Comparison
For the Specialty Industrial Machinery subindustry, Kirloskar Oil Engines'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.
Kirloskar Oil Engines PE Ratio without NRI vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Kirloskar Oil Engines's PE Ratio without NRI distribution charts can be found below:
* The bar in red indicates where Kirloskar Oil Engines's PE Ratio without NRI falls into.
Kirloskar Oil Engines 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.
Kirloskar Oil Engines's Share Price of today is ₹2491.90.
Kirloskar Oil Engines'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 ₹40.73.
* 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.
Kirloskar Oil Engines (NSE:KIRLOSENG) has a PE Ratio without NRI of 61.17 as of Jul. 11, 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 Kirloskar Oil Engines and its competitors. This is 173% above median its historical median of 22.40. Over the past decade, Kirloskar Oil Engines' PE Ratio without NRI has ranged from 6.88 to 90.84. According to the industry distribution chart, Kirloskar Oil Engines ranks #1726 out of 2268 companies in the Industrial Products industry, placing it in the top 76.1%.
Is Kirloskar Oil Engines' PE Ratio without NRI too high?
Kirloskar Oil Engines' current PE Ratio without NRI of 61.17 is 173% above median its 10-year median of 22.40. Over the past 10 years, this metric has ranged from a low of 6.88 to a high of 90.84. The Industrial Products industry median PE Ratio without NRI is 27.03. Kirloskar Oil Engines' value of 61.17 is 126.3% above this industry median. Based on the distribution chart, Kirloskar Oil Engines ranks #1726 out of 2268 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Kirloskar Oil Engines has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kirloskar Oil Engines' PE Ratio without NRI compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Kirloskar Oil Engines ranks #1726 out of 2268 companies for PE Ratio without NRI. This places Kirloskar Oil Engines in the lower half of its industry. The industry median PE Ratio without NRI is 27.03. Kirloskar Oil Engines' value of 61.17 is 126.3% above this benchmark. Historically, Kirloskar Oil Engines' own PE Ratio without NRI has ranged from 6.88 to 90.84 over the past decade. While the company's 10-year median is 22.40 vs. the industry median of 27.03, Kirloskar Oil Engines 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 Industrial Products company?
The median PE Ratio without NRI among Industrial Products companies is 27.03, based on 2,268 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. Kirloskar Oil Engines's current PE Ratio without NRI of 61.17 is 126.3% 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 Kirloskar Oil Engines and its competitors. For the Industrial Products industry, the median PE Ratio without NRI is 27.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kirloskar Oil Engines's current PE Ratio without NRI is 61.17, which is 173% above median its own 10-year median of 22.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kirloskar Oil Engines stock overvalued right now?
Based on GuruFocus' analysis, Kirloskar Oil Engines (NSE:KIRLOSENG) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹1,197.05, compared to a current price of ₹2,491.90 — trading 108.2% above its estimated fair value. The current PE Ratio without NRI is 61.17, which is 173% above median its 10-year median of 22.40 and 126.3% above the Industrial Products industry median of 27.03. Kirloskar Oil Engines' overall GF Score™ is 73/100 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 Kirloskar Oil Engines (NSE:KIRLOSENG), the current PE Ratio without NRI is 61.17 as of Jul. 11, 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 Kirloskar Oil Engines (NSE:KIRLOSENG) Overvalued in 2026?
Based on GuruFocus' analysis, Kirloskar Oil Engines stock appears to be overvalued.
The current stock price of ₹2,491.90 is trading 108.2% above its estimated GF Value™ of ₹1,197.05.
GuruFocus considers Kirloskar Oil Engines to be Significantly Overvalued.
Key valuation signals for NSE:KIRLOSENG:
PE Ratio without NRI: 61.17 (173% above median its 10-year median of 22.40)
GF Value™: ₹1,197.05 vs. price of ₹2,491.90 (108.2% above fair value)
Industry Position: 126.3% above the Industrial Products median (#1726 of 2268)
No single metric tells the full story. See the NSE:KIRLOSENG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kirloskar Oil Engines Ltd is an India-based company that, along with its subsidiaries, engages in the business of manufacturing engines, generating sets, pump sets, power tillers, spares thereof, and Financial services. The company's products are used in various industries, including Airports, Agriculture, Construction & Infrastructure, Defence, Food & Beverage, Healthcare, Hospitality, and others. Its operating reportable segments are: B2B, B2C, and Financial Services. Maximum revenue is generated from its B2B segment, which includes the power solutions space, offering a wide including internal combustion engines, fuel-agnostic gensets, and customised power systems. Geographically, the majority of the company's revenue is generated in India, and the rest from other countries.
73GF Score
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