Cathay Chemical Works (TPE:1713) PE Ratio without NRI: 12.76 (As of Jul. 07, 2026) — 48% Below Median


TPE:1713 Cathay Chemical Works Inc TPE:1713
74 GF Score
Price NT$49.10
GF Value NT$42.82
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Cathay Chemical Works PE Ratio without NRI?

Cathay Chemical Works TPE:1713 -0.81% 74 PE Ratio without NRI is 12.76 as of Jul. 07, 2026, which is 48% below its 10-year median of 24.41. GuruFocus rates TPE:1713 with a GF Score™ of 74/100 and a GF Value™ of NT$42.82 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,176 Chemicals companies, Cathay Chemical Works ranks better than 78.32% 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 (2026-07-07), Cathay Chemical Works's share price is NT$49.10. Cathay Chemical Works's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was NT$3.85. Therefore, Cathay Chemical Works's PE Ratio without NRI for today is 12.76.

During the past 13 years, Cathay Chemical Works's highest PE Ratio without NRI was 48.41. The lowest was 4.39. And the median was 24.41.

Cathay Chemical Works's EPS without NRI for the three months ended in Dec. 2025 was NT$1.30. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was NT$3.85.

As of today (2026-07-07), Cathay Chemical Works's share price is NT$49.10. Cathay Chemical Works's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$3.85. Therefore, Cathay Chemical Works's PE Ratio (TTM) for today is 12.75.

Warning Sign:

Cathay Chemical Works Inc stock PE Ratio (=12.9) is close to 1-year high of 13.38.

During the past years, Cathay Chemical Works's highest PE Ratio (TTM) was 48.03. The lowest was 4.39. And the median was 23.71.

Cathay Chemical Works's EPS (Diluted) for the three months ended in Dec. 2025 was NT$1.30. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$3.85.

Cathay Chemical Works's EPS (Basic) for the three months ended in Dec. 2025 was NT$1.31. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$3.86.


Cathay Chemical Works  (TPE:1713) 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.


Cathay Chemical Works PE Ratio without NRI Related Terms


Cathay Chemical Works PE Ratio without NRI Historical Data

* Premium members only.

The historical data trend for Cathay Chemical Works'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.

Cathay Chemical Works PE Ratio without NRI Chart

Cathay Chemical Works 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 23.92 13.28 17.30 4.49 11.76

Cathay Chemical Works Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 4.49 5.52 6.12 4.97 11.76

TPE:1713 vs LIN, SHW, ECL: PE Ratio without NRI Comparison

For the Specialty Chemicals subindustry, Cathay Chemical Works'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.


Cathay Chemical Works PE Ratio without NRI vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Cathay Chemical Works's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where Cathay Chemical Works's PE Ratio without NRI falls into.


TPE:1713
74GF Score
Cathay Chemical Works Inc TPE:1713
PE Ratio without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
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Cathay Chemical Works 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.

Cathay Chemical Works's PE Ratio without NRI for today is calculated as

PE Ratio without NRI=Share Price/ EPS without NRI
=49.10/3.849
=12.76

Cathay Chemical Works's Share Price of today is NT$49.10.
Cathay Chemical Works'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$3.85.

* 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 12.76 mean?
Cathay Chemical Works (TPE:1713) has a PE Ratio without NRI of 12.76 as of Jul. 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 Cathay Chemical Works and its competitors. This is 48% below median its historical median of 24.41. Over the past decade, Cathay Chemical Works' PE Ratio without NRI has ranged from 4.39 to 48.41. According to the industry distribution chart, Cathay Chemical Works ranks #255 out of 1176 companies in the Chemicals industry, placing it in the top 21.7%.
Is Cathay Chemical Works' PE Ratio without NRI too high?
Cathay Chemical Works' current PE Ratio without NRI of 12.76 is 48% below median its 10-year median of 24.41. Over the past 10 years, this metric has ranged from a low of 4.39 to a high of 48.41. The Chemicals industry median PE Ratio without NRI is 24.09. Cathay Chemical Works' value of 12.76 is 47% below this industry median. Based on the distribution chart, Cathay Chemical Works ranks #255 out of 1176 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Cathay Chemical Works has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cathay Chemical Works' PE Ratio without NRI compare to LIN and SHW?
According to the Chemicals industry distribution chart, Cathay Chemical Works ranks #255 out of 1176 companies for PE Ratio without NRI. This places Cathay Chemical Works in the top 22% of its industry — outperforming the majority of peers. The industry median PE Ratio without NRI is 24.09. Cathay Chemical Works' value of 12.76 is 47% below this benchmark. Historically, Cathay Chemical Works' own PE Ratio without NRI has ranged from 4.39 to 48.41 over the past decade. While the company's 10-year median is 24.41 vs. the industry median of 24.09, Cathay Chemical Works 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 Chemicals company?
The median PE Ratio without NRI among Chemicals companies is 24.09, based on 1,176 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. Cathay Chemical Works's current PE Ratio without NRI of 12.76 is 47% 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 Cathay Chemical Works and its competitors. For the Chemicals industry, the median PE Ratio without NRI is 24.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cathay Chemical Works's current PE Ratio without NRI is 12.76, which is 48% below median its own 10-year median of 24.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cathay Chemical Works stock overvalued right now?
Based on GuruFocus' analysis, Cathay Chemical Works (TPE:1713) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$42.82, compared to a current price of NT$49.10 — trading 14.7% above its estimated fair value. The current PE Ratio without NRI is 12.76, which is 48% below median its 10-year median of 24.41 and 47% below the Chemicals industry median of 24.09. Cathay Chemical Works' overall GF Score™ is 74/100 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 Cathay Chemical Works (TPE:1713), the current PE Ratio without NRI is 12.76 as of Jul. 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 Cathay Chemical Works (TPE:1713) Overvalued in 2026?

Based on GuruFocus' analysis, Cathay Chemical Works stock appears to be overvalued. The current stock price of NT$49.10 is trading 14.7% above its estimated GF Value™ of NT$42.82. GuruFocus considers Cathay Chemical Works to be Modestly Overvalued.

Key valuation signals for TPE:1713:

  • PE Ratio without NRI: 12.76 (48% below median its 10-year median of 24.41)
  • GF Value™: NT$42.82 vs. price of NT$49.10 (14.7% above fair value)
  • GF Score™: 74/100 with 7 warning signs
  • Industry Position: 47% below the Chemicals median (#255 of 1176)

No single metric tells the full story. See the TPE:1713 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cathay Chemical Works Business Description

Address Zhongxiao East Road, 12 Floor, No. 320, Section 4, Taipei, TWN
Cathay Chemical Works Inc Company's mainly business is the manufacture and sale of sodium hydrosulfite, zinc oxide, sodium formaldehyde sulfoxylate, zinc dust and so on. It is the sole operating department. The company has presence in Taiwan, Asia, America, Europe, New Zealand and Australia. The majority of revenue comes from Taiwan.
74GF Score

Get the complete analysis for TPE:1713

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

NT$49.10
Price
NT$42.82
GF Value