Ho Bee Land (SGX:H13) PE Ratio without NRI: 12.41 (As of Aug. 07, 2026) — 74% Above Median

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SGX:H13 Ho Bee Land Ltd SGX:H13
79 GF Score
Price S$2.01
GF Value S$1.91
Valuation Fairly Valued
! 8 Warning Signs
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What is Ho Bee Land PE Ratio without NRI?

Ho Bee Land SGX:H13 -1.95% 79 PE Ratio without NRI is 12.41 as of Aug. 07, 2026, which is 74% above its 10-year median of 7.13. GuruFocus rates SGX:H13 with a GF Score™ of 79/100 and a GF Value™ of S$1.91 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,190 Real Estate companies, Ho Bee Land ranks better than 51.68% 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 (2026-08-07), Ho Bee Land's share price is S$2.01. Ho Bee Land's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was S$0.16. Therefore, Ho Bee Land's PE Ratio without NRI for today is 12.41.

During the past 13 years, Ho Bee Land's highest PE Ratio without NRI was 16.52. The lowest was 3.85. And the median was 7.13.

Ho Bee Land's EPS without NRI for the six months ended in Dec. 2025 was S$0.09. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was S$0.16.

As of today (2026-08-07), Ho Bee Land's share price is S$2.01. Ho Bee Land's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was S$0.15. Therefore, Ho Bee Land's PE Ratio (TTM) for today is 13.31.

Good Sign:

Ho Bee Land Ltd stock PE Ratio (=13.31) is close to 1-year low of 12.3.

During the past years, Ho Bee Land's highest PE Ratio (TTM) was 16.23. The lowest was 3.84. And the median was 6.97.

Ho Bee Land's EPS (Diluted) for the six months ended in Dec. 2025 was S$0.08. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was S$0.15.

Ho Bee Land's EPS (Basic) for the six months ended in Dec. 2025 was S$0.08. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2025 was S$0.15.


Ho Bee Land  (SGX:H13) 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.


Ho Bee Land PE Ratio without NRI Related Terms


Ho Bee Land PE Ratio without NRI Historical Data

* Premium members only.

The historical data trend for Ho Bee Land'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.

Ho Bee Land PE Ratio without NRI Chart

Ho Bee Land 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 6.30 11.85 At Loss 13.26 13.48

Ho Bee Land 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 At Loss At Loss 13.26 At Loss 13.48

Ho Bee Land PE Ratio without NRI Competitor Comparison

For the Real Estate - Diversified subindustry, Ho Bee Land'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.


Ho Bee Land PE Ratio without NRI vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Ho Bee Land's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where Ho Bee Land's PE Ratio without NRI falls into.


SGX:H13
79GF Score
Ho Bee Land Ltd SGX:H13
PE Ratio without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ho Bee Land 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.

Ho Bee Land's PE Ratio without NRI for today is calculated as

PE Ratio without NRI=Share Price/ EPS without NRI
=2.01/0.162
=12.41

Ho Bee Land's Share Price of today is S$2.01.
For company reported semi-annually, Ho Bee Land'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$0.16.

* 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 12.41 mean?
Ho Bee Land (SGX:H13) has a PE Ratio without NRI of 12.41 as of Aug. 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 Ho Bee Land and its competitors. This is 74% above median its historical median of 7.13. Over the past decade, Ho Bee Land's PE Ratio without NRI has ranged from 3.85 to 16.52. According to the industry distribution chart, Ho Bee Land ranks #575 out of 1190 companies in the Real Estate industry, placing it in the top 48.3%.
Is Ho Bee Land's PE Ratio without NRI too high?
Ho Bee Land's current PE Ratio without NRI of 12.41 is 74% above median its 10-year median of 7.13. Over the past 10 years, this metric has ranged from a low of 3.85 to a high of 16.52. The Real Estate industry median PE Ratio without NRI is 12.99. Ho Bee Land's value of 12.41 is 4.4% below this industry median. Based on the distribution chart, Ho Bee Land ranks #575 out of 1190 companies in the Real Estate industry, which is above the industry midpoint. Overall, Ho Bee Land has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ho Bee Land's PE Ratio without NRI compare to competitors?
According to the Real Estate industry distribution chart, Ho Bee Land ranks #575 out of 1190 companies for PE Ratio without NRI. This puts Ho Bee Land in the upper half of its industry. The industry median PE Ratio without NRI is 12.99. Ho Bee Land's value of 12.41 is 4.4% below this benchmark. Historically, Ho Bee Land's own PE Ratio without NRI has ranged from 3.85 to 16.52 over the past decade. While the company's 10-year median is 7.13 vs. the industry median of 12.99, Ho Bee Land has consistently been below 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 12.99, based on 1,190 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. Ho Bee Land's current PE Ratio without NRI of 12.41 is 4.4% below 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 Ho Bee Land and its competitors. For the Real Estate industry, the median PE Ratio without NRI is 12.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ho Bee Land's current PE Ratio without NRI is 12.41, which is 74% above median its own 10-year median of 7.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ho Bee Land stock overvalued right now?
Based on GuruFocus' analysis, Ho Bee Land (SGX:H13) is currently considered Fairly Valued. The stock's GF Value™ is S$1.91, compared to a current price of S$2.01 — trading 5.2% above its estimated fair value. The current PE Ratio without NRI is 12.41, which is 74% above median its 10-year median of 7.13 and 4.4% below the Real Estate industry median of 12.99. Ho Bee Land's overall GF Score™ is 79/100 with 8 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 Ho Bee Land (SGX:H13), the current PE Ratio without NRI is 12.41 as of Aug. 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.

Is Ho Bee Land (SGX:H13) Overvalued in 2026?

Based on GuruFocus' analysis, Ho Bee Land stock appears to be overvalued. The current stock price of S$2.01 is trading 5.2% above its estimated GF Value™ of S$1.91. GuruFocus considers Ho Bee Land to be Fairly Valued.

Key valuation signals for SGX:H13:

  • PE Ratio without NRI: 12.41 (74% above median its 10-year median of 7.13)
  • GF Value™: S$1.91 vs. price of S$2.01 (5.2% above fair value)
  • GF Score™: 79/100 with 8 warning signs
  • Industry Position: 4.4% below the Real Estate median (#575 of 1190)

No single metric tells the full story. See the SGX:H13 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ho Bee Land Business Description

Address 9 North Buona Vista Drive, No.11-01 The Metropolis Tower 1, Singapore, SGP, 138588
Ho Bee Land Ltd is a Singapore-based company principally engaged in the real estate sector. The Group's reportable segments include property investment and property development, which cover the development and trading of properties as well as property investment activities. The company generates maximum revenue from its property investment segment, particularly from its investment properties. Ho Bee Land Ltd operates in Singapore, the United Kingdom, China, and Australia, which contribute the maximum revenue.
79GF Score

Get the complete analysis for SGX:H13

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

S$2.01
Price
S$1.91
GF Value