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Ligitek Electronics CoROCO:8111 +7.33%66 PE Ratio without NRI is 134.67 as of Jul. 16, 2026, which is 594% above its 10-year median of 19.40. GuruFocus rates ROCO:8111 with a GF Score™ of 66/100 and a GF Value™ of NT$29.23 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,677 Hardware companies, Ligitek Electronics Co ranks worse than 89.56% 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 (2026-07-16), Ligitek Electronics Co's share price is NT$50.50.
Ligitek Electronics Co's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was NT$0.38. Therefore, Ligitek Electronics Co's PE Ratio without NRI for today is 134.67.
During the past 13 years, Ligitek Electronics Co's highest PE Ratio without NRI was 433.60. The lowest was 4.17. And the median was 19.40.
Ligitek Electronics Co (ROCO:8111) 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.
Ligitek Electronics Co PE Ratio without NRI Related Terms
Ligitek Electronics Co PE Ratio without NRI Historical Data
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The historical data trend for Ligitek Electronics Co'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.
ROCO:8111 vs APH, GLW: PE Ratio without NRI Comparison
For the Electronic Components subindustry, Ligitek Electronics Co'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.
Ligitek Electronics Co PE Ratio without NRI vs Hardware Industry
For the Hardware industry and Technology sector, Ligitek Electronics Co's PE Ratio without NRI distribution charts can be found below:
* The bar in red indicates where Ligitek Electronics Co's PE Ratio without NRI falls into.
Ligitek Electronics Co 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.
Ligitek Electronics Co's Share Price of today is NT$50.50.
Ligitek Electronics Co'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 NT$0.38.
* 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.
Ligitek Electronics Co (ROCO:8111) has a PE Ratio without NRI of 134.67 as of Jul. 16, 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 Ligitek Electronics Co and its competitors. This is 594% above median its historical median of 19.40. Over the past decade, Ligitek Electronics Co's PE Ratio without NRI has ranged from 4.17 to 433.60. According to the industry distribution chart, Ligitek Electronics Co ranks #1502 out of 1677 companies in the Hardware industry, placing it in the top 89.6%.
Is Ligitek Electronics Co's PE Ratio without NRI too high?
Ligitek Electronics Co's current PE Ratio without NRI of 134.67 is 594% above median its 10-year median of 19.40. Over the past 10 years, this metric has ranged from a low of 4.17 to a high of 433.60. The Hardware industry median PE Ratio without NRI is 29.72. Ligitek Electronics Co's value of 134.67 is 353.1% above this industry median. Based on the distribution chart, Ligitek Electronics Co ranks #1502 out of 1677 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Ligitek Electronics Co has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ligitek Electronics Co's PE Ratio without NRI compare to APH and GLW?
According to the Hardware industry distribution chart, Ligitek Electronics Co ranks #1502 out of 1677 companies for PE Ratio without NRI. This places Ligitek Electronics Co in the lower half of its industry. The industry median PE Ratio without NRI is 29.72. Ligitek Electronics Co's value of 134.67 is 353.1% above this benchmark. Historically, Ligitek Electronics Co's own PE Ratio without NRI has ranged from 4.17 to 433.60 over the past decade. While the company's 10-year median is 19.40 vs. the industry median of 29.72, Ligitek Electronics Co 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 Hardware company?
The median PE Ratio without NRI among Hardware companies is 29.72, based on 1,677 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. Ligitek Electronics Co's current PE Ratio without NRI of 134.67 is 353.1% 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 Ligitek Electronics Co and its competitors. For the Hardware industry, the median PE Ratio without NRI is 29.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ligitek Electronics Co's current PE Ratio without NRI is 134.67, which is 594% above median its own 10-year median of 19.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ligitek Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Ligitek Electronics Co (ROCO:8111) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$29.23, compared to a current price of NT$50.50 — trading 72.8% above its estimated fair value. The current PE Ratio without NRI is 134.67, which is 594% above median its 10-year median of 19.40 and 353.1% above the Hardware industry median of 29.72. Ligitek Electronics Co's overall GF Score™ is 66/100 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 Ligitek Electronics Co (ROCO:8111), the current PE Ratio without NRI is 134.67 as of Jul. 16, 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 Ligitek Electronics Co (ROCO:8111) Overvalued in 2026?
Based on GuruFocus' analysis, Ligitek Electronics Co stock appears to be overvalued.
The current stock price of NT$50.50 is trading 72.8% above its estimated GF Value™ of NT$29.23.
GuruFocus considers Ligitek Electronics Co to be Significantly Overvalued.
Key valuation signals for ROCO:8111:
PE Ratio without NRI: 134.67 (594% above median its 10-year median of 19.40)
GF Value™: NT$29.23 vs. price of NT$50.50 (72.8% above fair value)
Industry Position: 353.1% above the Hardware median (#1502 of 1677)
No single metric tells the full story. See the ROCO:8111 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ligitek Electronics Co Ltd engages in manufacturing, processing and trading of various electronic components like Light Emitting Diodes, monitors, along with import/export trading, agent, distribution, bidding and quotation businesses of the above related products and raw materials. It offers LED components, LED backlights and displays, and light bars, leads, PCBs, and reflectors for SMD; and automotive, invisible, super bright, and special LEDs. The geographical markets of the group are Taiwan, the Americas, Europe, Asia, and Others. The firm generates the majority of its revenue from Taiwan. The company's segment includes the LED First Business Unit, which derives the majority of revenue, the LED Second Business Unit, and the Other Unit.
66GF 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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