Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Shandong Bohui Paper Industrial CoSHSE:600966 +0.82%66 PE Ratio without NRI is 31.61 as of Jul. 31, 2026, which is 49% above its 10-year median of 21.15. GuruFocus rates SHSE:600966 with a GF Score™ of 66/100 and a GF Value™ of ¥5.52 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 172 Forest Products companies, Shandong Bohui Paper Industrial Co ranks worse than 70.35% 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 (2026-07-31), Shandong Bohui Paper Industrial Co's share price is ¥4.90.
Shandong Bohui Paper Industrial Co's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was ¥0.16. Therefore, Shandong Bohui Paper Industrial Co's PE Ratio without NRI for today is 31.61.
During the past 13 years, Shandong Bohui Paper Industrial Co's highest PE Ratio without NRI was 79.09. The lowest was 5.47. And the median was 21.15.
Shandong Bohui Paper Industrial Co (SHSE:600966) 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.
Shandong Bohui Paper Industrial Co PE Ratio without NRI Related Terms
Shandong Bohui Paper Industrial 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.
Shandong Bohui Paper Industrial Co PE Ratio without NRI Chart
Shandong Bohui Paper Industrial Co PE Ratio without NRI Competitor Comparison
For the Paper & Paper Products subindustry, Shandong Bohui Paper Industrial 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.
Shandong Bohui Paper Industrial Co PE Ratio without NRI vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Shandong Bohui Paper Industrial Co's PE Ratio without NRI distribution charts can be found below:
* The bar in red indicates where Shandong Bohui Paper Industrial Co's PE Ratio without NRI falls into.
Shandong Bohui Paper Industrial 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.
Shandong Bohui Paper Industrial Co's Share Price of today is ¥4.90.
Shandong Bohui Paper Industrial 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 ¥0.16.
* 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.
Shandong Bohui Paper Industrial Co (SHSE:600966) has a PE Ratio without NRI of 31.61 as of Jul. 31, 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 Shandong Bohui Paper Industrial Co and its competitors. This is 49% above median its historical median of 21.15. Over the past decade, Shandong Bohui Paper Industrial Co's PE Ratio without NRI has ranged from 5.47 to 79.09. According to the industry distribution chart, Shandong Bohui Paper Industrial Co ranks #121 out of 172 companies in the Forest Products industry, placing it in the top 70.3%.
Is Shandong Bohui Paper Industrial Co's PE Ratio without NRI too high?
Shandong Bohui Paper Industrial Co's current PE Ratio without NRI of 31.61 is 49% above median its 10-year median of 21.15. Over the past 10 years, this metric has ranged from a low of 5.47 to a high of 79.09. The Forest Products industry median PE Ratio without NRI is 16.98. Shandong Bohui Paper Industrial Co's value of 31.61 is 86.2% above this industry median. Based on the distribution chart, Shandong Bohui Paper Industrial Co ranks #121 out of 172 companies in the Forest Products industry, which is below the industry midpoint. Overall, Shandong Bohui Paper Industrial Co has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shandong Bohui Paper Industrial Co's PE Ratio without NRI compare to competitors?
According to the Forest Products industry distribution chart, Shandong Bohui Paper Industrial Co ranks #121 out of 172 companies for PE Ratio without NRI. This places Shandong Bohui Paper Industrial Co in the lower half of its industry. The industry median PE Ratio without NRI is 16.98. Shandong Bohui Paper Industrial Co's value of 31.61 is 86.2% above this benchmark. Historically, Shandong Bohui Paper Industrial Co's own PE Ratio without NRI has ranged from 5.47 to 79.09 over the past decade. While the company's 10-year median is 21.15 vs. the industry median of 16.98, Shandong Bohui Paper Industrial 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 Forest Products company?
The median PE Ratio without NRI among Forest Products companies is 16.98, based on 172 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. Shandong Bohui Paper Industrial Co's current PE Ratio without NRI of 31.61 is 86.2% 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 Shandong Bohui Paper Industrial Co and its competitors. For the Forest Products industry, the median PE Ratio without NRI is 16.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shandong Bohui Paper Industrial Co's current PE Ratio without NRI is 31.61, which is 49% above median its own 10-year median of 21.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Bohui Paper Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Shandong Bohui Paper Industrial Co (SHSE:600966) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥5.52, compared to a current price of ¥4.90 — trading 11.2% below its estimated fair value. The current PE Ratio without NRI is 31.61, which is 49% above median its 10-year median of 21.15 and 86.2% above the Forest Products industry median of 16.98. Shandong Bohui Paper Industrial 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 Shandong Bohui Paper Industrial Co (SHSE:600966), the current PE Ratio without NRI is 31.61 as of Jul. 31, 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 Shandong Bohui Paper Industrial Co (SHSE:600966) Overvalued in 2026?
Based on GuruFocus' analysis, Shandong Bohui Paper Industrial Co stock appears to be undervalued.
The current stock price of ¥4.90 is trading 11.2% below its estimated GF Value™ of ¥5.52.
GuruFocus considers Shandong Bohui Paper Industrial Co to be Modestly Undervalued.
Key valuation signals for SHSE:600966:
PE Ratio without NRI: 31.61 (49% above median its 10-year median of 21.15)
GF Value™: ¥5.52 vs. price of ¥4.90 (11.2% below fair value)
Industry Position: 86.2% above the Forest Products median (#121 of 172)
No single metric tells the full story. See the SHSE:600966 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shandong Bohui Paper Industrial Co Ltd is a China-based company produces and sells paper products. It offers products such as pulp, folding boxboard, printing and writing paper, test liner boards, gypsum boards, and kraftliner boards.
66GF Score
Get the complete analysis for SHSE:600966
PE Ratio without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:600966 has been successfully added to your 
