V R Infraspace (NSE:VR) PE Ratio without NRI: 46.91 (As of Jun. 27, 2026) — 37% Below Median


NSE:VR V R Infraspace Ltd NSE:VR
14 GF Score
Price ₹119.10
! 7 Warning Signs
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What is V R Infraspace PE Ratio without NRI?

V R Infraspace NSE:VR 14 PE Ratio without NRI is 46.91 as of Jun. 27, 2026, which is 37% below its 10-year median of 74.93. GuruFocus rates NSE:VR with a GF Score™ of 14/100. The stock has 7 warning signs investors should review. Among 1,187 Real Estate companies, V R Infraspace ranks worse than 86.6% 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 (2026-06-27), V R Infraspace's share price is ₹119.10. V R Infraspace's EPS without NRI for the trailing twelve months (TTM) ended in Sep. 2025 was ₹2.54. Therefore, V R Infraspace's PE Ratio without NRI for today is 46.91.

During the past 5 years, V R Infraspace's highest PE Ratio without NRI was 110.15. The lowest was 21.69. And the median was 74.93.

V R Infraspace's EPS without NRI for the six months ended in Sep. 2025 was ₹1.29. Its EPS without NRI for the trailing twelve months (TTM) ended in Sep. 2025 was ₹2.54.

As of today (2026-06-27), V R Infraspace's share price is ₹119.10. V R Infraspace's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2025 was ₹2.53. Therefore, V R Infraspace's PE Ratio (TTM) for today is 47.08.

Good Sign:

V R Infraspace Ltd stock PE Ratio (=55.22) is close to 1-year low of 55.22.

During the past years, V R Infraspace's highest PE Ratio (TTM) was 111.89. The lowest was 29.78. And the median was 75.77.

V R Infraspace's EPS (Diluted) for the six months ended in Sep. 2025 was ₹1.29. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Sep. 2025 was ₹2.53.

V R Infraspace's EPS (Basic) for the six months ended in Sep. 2025 was ₹1.29. Its EPS (Basic) for the trailing twelve months (TTM) ended in Sep. 2025 was ₹2.53.


V R Infraspace  (NSE:VR) 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.


V R Infraspace PE Ratio without NRI Related Terms


V R Infraspace PE Ratio without NRI Historical Data

* Premium members only.

The historical data trend for V R Infraspace'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.

V R Infraspace PE Ratio without NRI Chart

V R Infraspace Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
PE Ratio without NRI
N/A N/A N/A 42.37 85.00

V R Infraspace Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
PE Ratio without NRI Get a 7-Day Free Trial At Loss 42.37 At Loss 85.00 At Loss

V R Infraspace PE Ratio without NRI Competitor Comparison

For the Real Estate - Development subindustry, V R Infraspace'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.


V R Infraspace PE Ratio without NRI vs Real Estate Industry

For the Real Estate industry and Real Estate sector, V R Infraspace's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where V R Infraspace's PE Ratio without NRI falls into.


NSE:VR
14GF Score
V R Infraspace Ltd NSE:VR
PE Ratio without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
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V R Infraspace 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.

V R Infraspace's PE Ratio without NRI for today is calculated as

PE Ratio without NRI=Share Price/ EPS without NRI
=119.10/2.539
=46.91

V R Infraspace's Share Price of today is ₹119.10.
For company reported semi-annually, V R Infraspace's EPS without NRI for the trailing twelve months (TTM) ended in Sep. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹2.54.

* 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 46.91 mean?
V R Infraspace (NSE:VR) has a PE Ratio without NRI of 46.91 as of Jun. 27, 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 V R Infraspace and its competitors. This is 37% below median its historical median of 74.93. Over the past decade, V R Infraspace's PE Ratio without NRI has ranged from 21.69 to 110.15. According to the industry distribution chart, V R Infraspace ranks #1028 out of 1187 companies in the Real Estate industry, placing it in the top 86.6%.
Is V R Infraspace's PE Ratio without NRI too high?
V R Infraspace's current PE Ratio without NRI of 46.91 is 37% below median its 10-year median of 74.93. Over the past 10 years, this metric has ranged from a low of 21.69 to a high of 110.15. The Real Estate industry median PE Ratio without NRI is 12.96. V R Infraspace's value of 46.91 is 262% above this industry median. Based on the distribution chart, V R Infraspace ranks #1028 out of 1187 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, V R Infraspace has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does V R Infraspace's PE Ratio without NRI compare to competitors?
According to the Real Estate industry distribution chart, V R Infraspace ranks #1028 out of 1187 companies for PE Ratio without NRI. This places V R Infraspace in the lower half of its industry. The industry median PE Ratio without NRI is 12.96. V R Infraspace's value of 46.91 is 262% above this benchmark. Historically, V R Infraspace's own PE Ratio without NRI has ranged from 21.69 to 110.15 over the past decade. While the company's 10-year median is 74.93 vs. the industry median of 12.96, V R Infraspace 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 Real Estate company?
The median PE Ratio without NRI among Real Estate companies is 12.96, based on 1,187 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. V R Infraspace's current PE Ratio without NRI of 46.91 is 262% 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 V R Infraspace and its competitors. For the Real Estate industry, the median PE Ratio without NRI is 12.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. V R Infraspace's current PE Ratio without NRI is 46.91, which is 37% below median its own 10-year median of 74.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is V R Infraspace stock overvalued right now?
V R Infraspace (NSE:VR) has a current PE Ratio without NRI of 46.91. The current PE Ratio without NRI is 46.91, which is 37% below median its 10-year median of 74.93 and 262% above the Real Estate industry median of 12.96. V R Infraspace's overall GF Score™ is 14/100 with 7 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 V R Infraspace (NSE:VR), the current PE Ratio without NRI is 46.91 as of Jun. 27, 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.

V R Infraspace Business Description

Address National Highway 8, National Trade Center, Opposite L & T, Bapod Na, Vadodara, GJ, IND, 390019
V R Infraspace Ltd is a construction and real estate development company, focused mainly on construction and development of residential and commercial projects, in and around Vadodara, Gujarat. Its project includes VR Celebrity Luxuria, VR Imperia and VR One.
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₹119.10
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