Contact EnergyNZSE:CEN +0.32%76 PE Ratio without NRI is 20.78 as of Jul. 04, 2026, which is 35% below its 10-year median of 32.00. GuruFocus rates NZSE:CEN with a GF Score™ of 76/100 and a GF Value™ of NZ$8.53 (Fairly Valued). The stock has 5 warning signs investors should review. Among 291 Utilities - Independent Power Producers companies, Contact Energy ranks worse than 52.58% 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 (2026-07-04), Contact Energy's share price is NZ$9.27.
Contact Energy's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was NZ$0.45. Therefore, Contact Energy's PE Ratio without NRI for today is 20.78.
During the past 13 years, Contact Energy's highest PE Ratio without NRI was 61.78. The lowest was 20.72. And the median was 32.00.
Contact Energy Ltd stock PE Ratio (=22.21) is close to 5-year low of 21.47.
During the past years, Contact Energy's highestPE Ratio (TTM) was 61.78. The lowest was 11.00. And the median was 31.28.
Contact Energy's
EPS (Diluted) for the
six
months ended in Dec. 2025 was NZ$0.21.
Its EPS (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was NZ$0.45.
Contact Energy's EPS (Basic) for the
six
months ended in Dec. 2025 was NZ$0.21.
Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2025 was NZ$0.45.
Contact Energy (NZSE:CEN) 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.
Contact Energy PE Ratio without NRI Related Terms
Contact Energy PE Ratio without NRI Historical Data
* Premium members only.
The historical data trend for Contact Energy'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.
Contact Energy PE Ratio without NRI Competitor Comparison
For the Utilities - Renewable subindustry, Contact Energy'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.
Contact Energy PE Ratio without NRI vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Contact Energy's PE Ratio without NRI distribution charts can be found below:
* The bar in red indicates where Contact Energy's PE Ratio without NRI falls into.
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.
Contact Energy's PE Ratio without NRI for today is calculated as
Contact Energy's Share Price of today is NZ$9.27.
For company reported semi-annually, Contact Energy'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 NZ$0.45.
* 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.
Contact Energy (NZSE:CEN) has a PE Ratio without NRI of 20.78 as of Jul. 04, 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 Contact Energy and its competitors. This is 35% below median its historical median of 32.00. Over the past decade, Contact Energy's PE Ratio without NRI has ranged from 20.72 to 61.78. According to the industry distribution chart, Contact Energy ranks #153 out of 291 companies in the Utilities - Independent Power Producers industry, placing it in the top 52.6%.
Is Contact Energy's PE Ratio without NRI too high?
Contact Energy's current PE Ratio without NRI of 20.78 is 35% below median its 10-year median of 32.00. Over the past 10 years, this metric has ranged from a low of 20.72 to a high of 61.78. The Utilities - Independent Power Producers industry median PE Ratio without NRI is 19.97. Contact Energy's value of 20.78 is 4.1% above this industry median. Based on the distribution chart, Contact Energy ranks #153 out of 291 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Contact Energy has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Contact Energy's PE Ratio without NRI compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Contact Energy ranks #153 out of 291 companies for PE Ratio without NRI. This places Contact Energy in the lower half of its industry. The industry median PE Ratio without NRI is 19.97. Contact Energy's value of 20.78 is 4.1% above this benchmark. Historically, Contact Energy's own PE Ratio without NRI has ranged from 20.72 to 61.78 over the past decade. While the company's 10-year median is 32.00 vs. the industry median of 19.97, Contact Energy 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 Utilities - Independent Power Producers company?
The median PE Ratio without NRI among Utilities - Independent Power Producers companies is 19.97, based on 291 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. Contact Energy's current PE Ratio without NRI of 20.78 is 4.1% 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 Contact Energy and its competitors. For the Utilities - Independent Power Producers industry, the median PE Ratio without NRI is 19.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Contact Energy's current PE Ratio without NRI is 20.78, which is 35% below median its own 10-year median of 32.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Contact Energy stock overvalued right now?
Based on GuruFocus' analysis, Contact Energy (NZSE:CEN) is currently considered Fairly Valued. The stock's GF Value™ is NZ$8.53, compared to a current price of NZ$9.27 — trading 8.7% above its estimated fair value. The current PE Ratio without NRI is 20.78, which is 35% below median its 10-year median of 32.00 and 4.1% above the Utilities - Independent Power Producers industry median of 19.97. Contact Energy's overall GF Score™ is 76/100 with 5 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 Contact Energy (NZSE:CEN), the current PE Ratio without NRI is 20.78 as of Jul. 04, 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 Contact Energy (NZSE:CEN) Overvalued in 2026?
Based on GuruFocus' analysis, Contact Energy stock appears to be overvalued.
The current stock price of NZ$9.27 is trading 8.7% above its estimated GF Value™ of NZ$8.53.
GuruFocus considers Contact Energy to be Fairly Valued.
Key valuation signals for NZSE:CEN:
PE Ratio without NRI: 20.78 (35% below median its 10-year median of 32.00)
GF Value™: NZ$8.53 vs. price of NZ$9.27 (8.7% above fair value)
Industry Position: 4.1% above the Utilities - Independent Power Producers median (#153 of 291)
No single metric tells the full story. See the NZSE:CEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Contact Energy is a diversified and integrated energy company. It owns a fleet of hydro, geothermal, and gas-fired generation assets, which produce more than 25% of New Zealand's electricity. It also retails electricity and gas to nearly half a million customers.
76GF Score
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PE Ratio without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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