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CETC Digital Technology CoSHSE:600850 -1.90%62 PE Ratio without NRI is 31.19 as of Jul. 14, 2026, which is 6% above its 10-year median of 29.53. GuruFocus rates SHSE:600850 with a GF Score™ of 62/100 and a GF Value™ of ¥20.27 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,723 Software companies, CETC Digital Technology Co ranks worse than 66.8% 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 (2026-07-14), CETC Digital Technology Co's share price is ¥14.47.
CETC Digital Technology Co's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was ¥0.46. Therefore, CETC Digital Technology Co's PE Ratio without NRI for today is 31.19.
During the past 13 years, CETC Digital Technology Co's highest PE Ratio without NRI was 61.37. The lowest was 20.80. And the median was 29.53.
CETC Digital Technology Co (SHSE:600850) 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.
CETC Digital Technology Co PE Ratio without NRI Related Terms
CETC Digital Technology Co PE Ratio without NRI Historical Data
* 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.
CETC Digital Technology Co PE Ratio without NRI Chart
SHSE:600850 vs MSFT, ORCL, PLTR: PE Ratio without NRI Comparison
For the Software - Infrastructure subindustry, CETC Digital Technology 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.
CETC Digital Technology Co PE Ratio without NRI vs Software Industry
For the Software industry and Technology sector, CETC Digital Technology Co's PE Ratio without NRI distribution charts can be found below:
* The bar in red indicates where CETC Digital Technology Co's PE Ratio without NRI falls into.
CETC Digital Technology 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.
CETC Digital Technology Co's Share Price of today is ¥14.47.
CETC Digital Technology Co's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0.46.
* 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.
CETC Digital Technology Co (SHSE:600850) has a PE Ratio without NRI of 31.19 as of Jul. 14, 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 CETC Digital Technology Co and its competitors. This is near median its historical median of 29.53. Over the past decade, CETC Digital Technology Co's PE Ratio without NRI has ranged from 20.80 to 61.37. According to the industry distribution chart, CETC Digital Technology Co ranks #1151 out of 1723 companies in the Software industry, placing it in the top 66.8%.
Is CETC Digital Technology Co's PE Ratio without NRI too high?
CETC Digital Technology Co's current PE Ratio without NRI of 31.19 is near median its 10-year median of 29.53. Over the past 10 years, this metric has ranged from a low of 20.80 to a high of 61.37. The Software industry median PE Ratio without NRI is 20.70. CETC Digital Technology Co's value of 31.19 is 50.7% above this industry median. Based on the distribution chart, CETC Digital Technology Co ranks #1151 out of 1723 companies in the Software industry, which is below the industry midpoint. Overall, CETC Digital Technology Co has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CETC Digital Technology Co's PE Ratio without NRI compare to MSFT and ORCL?
According to the Software industry distribution chart, CETC Digital Technology Co ranks #1151 out of 1723 companies for PE Ratio without NRI. This places CETC Digital Technology Co in the lower half of its industry. The industry median PE Ratio without NRI is 20.70. CETC Digital Technology Co's value of 31.19 is 50.7% above this benchmark. Historically, CETC Digital Technology Co's own PE Ratio without NRI has ranged from 20.80 to 61.37 over the past decade. While the company's 10-year median is 29.53 vs. the industry median of 20.70, CETC Digital Technology 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 Software company?
The median PE Ratio without NRI among Software companies is 20.70, based on 1,723 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. CETC Digital Technology Co's current PE Ratio without NRI of 31.19 is 50.7% 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 CETC Digital Technology Co and its competitors. For the Software industry, the median PE Ratio without NRI is 20.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CETC Digital Technology Co's current PE Ratio without NRI is 31.19, which is near median its own 10-year median of 29.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CETC Digital Technology Co stock overvalued right now?
Based on GuruFocus' analysis, CETC Digital Technology Co (SHSE:600850) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥20.27, compared to a current price of ¥14.47 — trading 28.6% below its estimated fair value. The current PE Ratio without NRI is 31.19, which is near median its 10-year median of 29.53 and 50.7% above the Software industry median of 20.70. CETC Digital Technology Co's overall GF Score™ is 62/100 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 CETC Digital Technology Co (SHSE:600850), the current PE Ratio without NRI is 31.19 as of Jul. 14, 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 CETC Digital Technology Co (SHSE:600850) Overvalued in 2026?
Based on GuruFocus' analysis, CETC Digital Technology Co stock appears to be undervalued.
The current stock price of ¥14.47 is trading 28.6% below its estimated GF Value™ of ¥20.27.
GuruFocus considers CETC Digital Technology Co to be Modestly Undervalued.
Key valuation signals for SHSE:600850:
PE Ratio without NRI: 31.19 (near median its 10-year median of 29.53)
GF Value™: ¥20.27 vs. price of ¥14.47 (28.6% below fair value)
Industry Position: 50.7% above the Software median (#1151 of 1723)
No single metric tells the full story. See the SHSE:600850 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CETC Digital Technology Co Ltd is engaged in the development of information systems and software engineering in China. It is also involved in the design, installation, and construction of computer hardware, communication equipment, electronics, integrated system equipment systems integration, network engineering, software engineering and electronic engineering. Its product and services include Data Center Product Solution, Cloud product solutions, and Cloud service management. The company distributes its products within domestic and overseas markets.
62GF Score
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