HL Global Enterprises (SGX:AVX) PE Ratio without NRI: 25.94 (As of Jul. 15, 2026) — 15% Above Median

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SGX:AVX HL Global Enterprises Ltd SGX:AVX
58 GF Score
Price S$0.42
GF Value S$0.28
Valuation Significantly Overvalued
! 5 Warning Signs
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What is HL Global Enterprises PE Ratio without NRI?

HL Global Enterprises SGX:AVX -4.60% 58 PE Ratio without NRI is 25.94 as of Jul. 15, 2026, which is 15% above its 10-year median of 22.50. GuruFocus rates SGX:AVX with a GF Score™ of 58/100 and a GF Value™ of S$0.28 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 573 Travel & Leisure companies, HL Global Enterprises ranks worse than 68.94% 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 (2026-07-15), HL Global Enterprises's share price is S$0.415. HL Global Enterprises's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was S$0.02. Therefore, HL Global Enterprises's PE Ratio without NRI for today is 25.94.

During the past 13 years, HL Global Enterprises's highest PE Ratio without NRI was 170.00. The lowest was 12.94. And the median was 22.50.

HL Global Enterprises's EPS without NRI for the six months ended in Dec. 2025 was S$0.01. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was S$0.02.

As of today (2026-07-15), HL Global Enterprises's share price is S$0.415. HL Global Enterprises's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was S$0.02. Therefore, HL Global Enterprises's PE Ratio (TTM) for today is 25.94.

Warning Sign:

HL Global Enterprises Ltd stock PE Ratio (=27.19) is close to 3-year high of 28.75.

During the past years, HL Global Enterprises's highest PE Ratio (TTM) was 170.00. The lowest was 0.43. And the median was 21.36.

HL Global Enterprises's EPS (Diluted) for the six months ended in Dec. 2025 was S$0.01. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was S$0.02.

HL Global Enterprises's EPS (Basic) for the six months ended in Dec. 2025 was S$0.01. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2025 was S$0.02.


HL Global Enterprises  (SGX:AVX) 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.


HL Global Enterprises PE Ratio without NRI Related Terms


HL Global Enterprises PE Ratio without NRI Historical Data

* Premium members only.

The historical data trend for HL Global Enterprises'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.

HL Global Enterprises PE Ratio without NRI Chart

HL Global Enterprises Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PE Ratio without NRI
Get a 7-Day Free Trial Premium Member Only Premium Member Only At Loss 21.82 13.82 14.44 22.81

HL Global Enterprises Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
PE Ratio without NRI Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.82 At Loss 14.44 At Loss 22.81

SGX:AVX vs MAR, HLT, H: PE Ratio without NRI Comparison

For the Lodging subindustry, HL Global Enterprises'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.


HL Global Enterprises PE Ratio without NRI vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, HL Global Enterprises's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where HL Global Enterprises's PE Ratio without NRI falls into.


SGX:AVX
58GF Score
HL Global Enterprises Ltd SGX:AVX
PE Ratio without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
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HL Global Enterprises 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.

HL Global Enterprises's PE Ratio without NRI for today is calculated as

PE Ratio without NRI=Share Price/ EPS without NRI
=0.415/0.016
=25.94

HL Global Enterprises's Share Price of today is S$0.415.
For company reported semi-annually, HL Global Enterprises'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 S$0.02.

* 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 25.94 mean?
HL Global Enterprises (SGX:AVX) has a PE Ratio without NRI of 25.94 as of Jul. 15, 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 HL Global Enterprises and its competitors. This is 15% above median its historical median of 22.50. Over the past decade, HL Global Enterprises' PE Ratio without NRI has ranged from 12.94 to 170.00. According to the industry distribution chart, HL Global Enterprises ranks #395 out of 573 companies in the Travel & Leisure industry, placing it in the top 68.9%.
Is HL Global Enterprises' PE Ratio without NRI too high?
HL Global Enterprises' current PE Ratio without NRI of 25.94 is 15% above median its 10-year median of 22.50. Over the past 10 years, this metric has ranged from a low of 12.94 to a high of 170.00. The Travel & Leisure industry median PE Ratio without NRI is 17.28. HL Global Enterprises' value of 25.94 is 50.1% above this industry median. Based on the distribution chart, HL Global Enterprises ranks #395 out of 573 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, HL Global Enterprises has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does HL Global Enterprises' PE Ratio without NRI compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, HL Global Enterprises ranks #395 out of 573 companies for PE Ratio without NRI. This places HL Global Enterprises in the lower half of its industry. The industry median PE Ratio without NRI is 17.28. HL Global Enterprises' value of 25.94 is 50.1% above this benchmark. Historically, HL Global Enterprises' own PE Ratio without NRI has ranged from 12.94 to 170.00 over the past decade. While the company's 10-year median is 22.50 vs. the industry median of 17.28, HL Global Enterprises 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 Travel & Leisure company?
The median PE Ratio without NRI among Travel & Leisure companies is 17.28, based on 573 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. HL Global Enterprises's current PE Ratio without NRI of 25.94 is 50.1% 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 HL Global Enterprises and its competitors. For the Travel & Leisure industry, the median PE Ratio without NRI is 17.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HL Global Enterprises's current PE Ratio without NRI is 25.94, which is 15% above median its own 10-year median of 22.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HL Global Enterprises stock overvalued right now?
Based on GuruFocus' analysis, HL Global Enterprises (SGX:AVX) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.28, compared to a current price of S$0.42 — trading 48.2% above its estimated fair value. The current PE Ratio without NRI is 25.94, which is 15% above median its 10-year median of 22.50 and 50.1% above the Travel & Leisure industry median of 17.28. HL Global Enterprises' overall GF Score™ is 58/100 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 HL Global Enterprises (SGX:AVX), the current PE Ratio without NRI is 25.94 as of Jul. 15, 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 HL Global Enterprises (SGX:AVX) Overvalued in 2026?

Based on GuruFocus' analysis, HL Global Enterprises stock appears to be overvalued. The current stock price of S$0.42 is trading 48.2% above its estimated GF Value™ of S$0.28. GuruFocus considers HL Global Enterprises to be Significantly Overvalued.

Key valuation signals for SGX:AVX:

  • PE Ratio without NRI: 25.94 (15% above median its 10-year median of 22.50)
  • GF Value™: S$0.28 vs. price of S$0.42 (48.2% above fair value)
  • GF Score™: 58/100 with 5 warning signs
  • Industry Position: 50.1% above the Travel & Leisure median (#395 of 573)

No single metric tells the full story. See the SGX:AVX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HL Global Enterprises Business Description

Address 10 Anson Road, No. 19-08 International Plaza, Singapore, SGP, 079903
HL Global Enterprises Ltd operates and manages hotels and restaurants in Singapore, Malaysia, and China. It is also engaged in the development of properties for sale and rental, and property and development project management. It operates in three segments: Investment and others, which involves investment holding; Hospitality and restaurant, which is engaged in operating and management of hotels and restaurants; and Property development which includes development of properties for sale and rental and property and development project management. The hospitality and restaurant segment generates maximum revenue for the company. The Group operates principally in Singapore and Malaysia.
58GF Score

Get the complete analysis for SGX:AVX

PE Ratio without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

S$0.42
Price
S$0.28
GF Value