State Trading of IndiaNSE:STCINDIA -1.31%40 PE Ratio without NRI is 16.81 as of Jul. 07, 2026, which is 98% below its 10-year median of 725.67. GuruFocus rates NSE:STCINDIA with a GF Score™ of 40/100. The stock has 2 warning signs investors should review. Among 408 Conglomerates companies, State Trading of India ranks worse than 56.62% 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 (2026-07-07), State Trading of India's share price is ₹124.67.
State Trading of India's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was ₹7.42. Therefore, State Trading of India's PE Ratio without NRI for today is 16.81.
During the past 13 years, State Trading of India's highest PE Ratio without NRI was 762.30. The lowest was 16.83. And the median was 725.67.
State Trading of India (NSE:STCINDIA) 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.
State Trading of India PE Ratio without NRI Related Terms
State Trading of India PE Ratio without NRI Historical Data
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The historical data trend for State Trading of 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.
NSE:STCINDIA vs HON, MMM: PE Ratio without NRI Comparison
For the Conglomerates subindustry, State Trading of 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.
State Trading of India PE Ratio without NRI vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, State Trading of India's PE Ratio without NRI distribution charts can be found below:
* The bar in red indicates where State Trading of India's PE Ratio without NRI falls into.
State Trading of 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.
State Trading of India's Share Price of today is ₹124.67.
State Trading of India's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹7.42.
* 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.
State Trading of India (NSE:STCINDIA) has a PE Ratio without NRI of 16.81 as of Jul. 07, 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 State Trading of India and its competitors. This is 98% below median its historical median of 725.67. Over the past decade, State Trading of India's PE Ratio without NRI has ranged from 16.83 to 762.30. According to the industry distribution chart, State Trading of India ranks #231 out of 408 companies in the Conglomerates industry, placing it in the top 56.6%.
Is State Trading of India's PE Ratio without NRI too high?
State Trading of India's current PE Ratio without NRI of 16.81 is 98% below median its 10-year median of 725.67. Over the past 10 years, this metric has ranged from a low of 16.83 to a high of 762.30. The Conglomerates industry median PE Ratio without NRI is 14.74. State Trading of India's value of 16.81 is 14.1% above this industry median. Based on the distribution chart, State Trading of India ranks #231 out of 408 companies in the Conglomerates industry, which is below the industry midpoint. Overall, State Trading of India has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does State Trading of India's PE Ratio without NRI compare to HON and MMM?
According to the Conglomerates industry distribution chart, State Trading of India ranks #231 out of 408 companies for PE Ratio without NRI. This places State Trading of India in the lower half of its industry. The industry median PE Ratio without NRI is 14.74. State Trading of India's value of 16.81 is 14.1% above this benchmark. Historically, State Trading of India's own PE Ratio without NRI has ranged from 16.83 to 762.30 over the past decade. While the company's 10-year median is 725.67 vs. the industry median of 14.74, State Trading of 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 Conglomerates company?
The median PE Ratio without NRI among Conglomerates companies is 14.74, based on 408 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. State Trading of India's current PE Ratio without NRI of 16.81 is 14.1% 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 State Trading of India and its competitors. For the Conglomerates industry, the median PE Ratio without NRI is 14.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. State Trading of India's current PE Ratio without NRI is 16.81, which is 98% below median its own 10-year median of 725.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is State Trading of India stock overvalued right now?
State Trading of India (NSE:STCINDIA) has a current PE Ratio without NRI of 16.81. The current PE Ratio without NRI is 16.81, which is 98% below median its 10-year median of 725.67 and 14.1% above the Conglomerates industry median of 14.74. State Trading of India's overall GF Score™ is 40/100 with 2 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 State Trading of India (NSE:STCINDIA), the current PE Ratio without NRI is 16.81 as of Jul. 07, 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.
State Trading Corp of India Ltd is an India-based company. It has identified its operating segments as Exports, Imports, and Domestic. The company also undertakes import and export of bulk commodities such as rice, wheat, sugar, pulses, edible oils, fertilizers, coal, and bullion, among others; and import of mass consumption items like wheat, sugar, and pulses, among others. Geographically, all the business activity is principally functions through the region of India.
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