Winbond Electronics (TPE:2344) PE Ratio without NRI: 213.05 (As of Jul. 04, 2026) — 1240% Above Median


TPE:2344 Winbond Electronics Corp TPE:2344
64 GF Score
Price NT$184.50
GF Value NT$47.32
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Winbond Electronics PE Ratio without NRI?

Winbond Electronics TPE:2344 +0.54% 64 PE Ratio without NRI is 213.05 as of Jul. 04, 2026, which is 1240% above its 10-year median of 15.90. GuruFocus rates TPE:2344 with a GF Score™ of 64/100 and a GF Value™ of NT$47.32 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 667 Semiconductors companies, Winbond Electronics ranks worse than 88.91% 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 (2026-07-04), Winbond Electronics's share price is NT$184.50. Winbond Electronics's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was NT$0.87. Therefore, Winbond Electronics's PE Ratio without NRI for today is 213.05.

During the past 13 years, Winbond Electronics's highest PE Ratio without NRI was 2152.85. The lowest was 4.17. And the median was 15.90.

Winbond Electronics's EPS without NRI for the three months ended in Dec. 2025 was NT$0.85. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was NT$0.87.

As of today (2026-07-04), Winbond Electronics's share price is NT$184.50. Winbond Electronics's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$0.88. Therefore, Winbond Electronics's PE Ratio (TTM) for today is 209.66.

Warning Sign:

Winbond Electronics Corp stock PE Ratio (=234.66) is close to 1-year high of 248.3.

During the past years, Winbond Electronics's highest PE Ratio (TTM) was 1175.00. The lowest was 4.36. And the median was 20.02.

Winbond Electronics's EPS (Diluted) for the three months ended in Dec. 2025 was NT$0.76. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$0.88.

Winbond Electronics's EPS (Basic) for the three months ended in Dec. 2025 was NT$0.76. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$0.88.


Winbond Electronics  (TPE:2344) 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.


Winbond Electronics PE Ratio without NRI Related Terms


Winbond Electronics PE Ratio without NRI Historical Data

* Premium members only.

The historical data trend for Winbond Electronics'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.

Winbond Electronics PE Ratio without NRI Chart

Winbond Electronics 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 9.63 5.86 At Loss 143.69 92.70

Winbond Electronics 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 143.69 At Loss At Loss At Loss 92.70

TPE:2344 vs NVDA, AVGO, MU: PE Ratio without NRI Comparison

For the Semiconductors subindustry, Winbond Electronics'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.


Winbond Electronics PE Ratio without NRI vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Winbond Electronics's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where Winbond Electronics's PE Ratio without NRI falls into.


TPE:2344
64GF Score
Winbond Electronics Corp TPE:2344
PE Ratio without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
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Winbond Electronics 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.

Winbond Electronics's PE Ratio without NRI for today is calculated as

PE Ratio without NRI=Share Price/ EPS without NRI
=184.50/0.866
=213.05

Winbond Electronics's Share Price of today is NT$184.50.
Winbond Electronics'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$0.87.

* 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 213.05 mean?
Winbond Electronics (TPE:2344) has a PE Ratio without NRI of 213.05 as of Jul. 04, 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 Winbond Electronics and its competitors. This is 1240% above median its historical median of 15.90. Over the past decade, Winbond Electronics' PE Ratio without NRI has ranged from 4.17 to 2,152.85. According to the industry distribution chart, Winbond Electronics ranks #593 out of 667 companies in the Semiconductors industry, placing it in the top 88.9%.
Is Winbond Electronics' PE Ratio without NRI too high?
Winbond Electronics' current PE Ratio without NRI of 213.05 is 1240% above median its 10-year median of 15.90. Over the past 10 years, this metric has ranged from a low of 4.17 to a high of 2,152.85. The Semiconductors industry median PE Ratio without NRI is 50.37. Winbond Electronics' value of 213.05 is 323% above this industry median. Based on the distribution chart, Winbond Electronics ranks #593 out of 667 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Winbond Electronics has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Winbond Electronics' PE Ratio without NRI compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Winbond Electronics ranks #593 out of 667 companies for PE Ratio without NRI. This places Winbond Electronics in the lower half of its industry. The industry median PE Ratio without NRI is 50.37. Winbond Electronics' value of 213.05 is 323% above this benchmark. Historically, Winbond Electronics' own PE Ratio without NRI has ranged from 4.17 to 2,152.85 over the past decade. While the company's 10-year median is 15.90 vs. the industry median of 50.37, Winbond Electronics 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 Semiconductors company?
The median PE Ratio without NRI among Semiconductors companies is 50.37, based on 667 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. Winbond Electronics's current PE Ratio without NRI of 213.05 is 323% 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 Winbond Electronics and its competitors. For the Semiconductors industry, the median PE Ratio without NRI is 50.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Winbond Electronics's current PE Ratio without NRI is 213.05, which is 1240% above median its own 10-year median of 15.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Winbond Electronics stock overvalued right now?
Based on GuruFocus' analysis, Winbond Electronics (TPE:2344) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$47.32, compared to a current price of NT$184.50 — trading 289.9% above its estimated fair value. The current PE Ratio without NRI is 213.05, which is 1240% above median its 10-year median of 15.90 and 323% above the Semiconductors industry median of 50.37. Winbond Electronics' overall GF Score™ is 64/100 with 10 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 Winbond Electronics (TPE:2344), the current PE Ratio without NRI is 213.05 as of Jul. 04, 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 Winbond Electronics (TPE:2344) Overvalued in 2026?

Based on GuruFocus' analysis, Winbond Electronics stock appears to be overvalued. The current stock price of NT$184.50 is trading 289.9% above its estimated GF Value™ of NT$47.32. GuruFocus considers Winbond Electronics to be Significantly Overvalued.

Key valuation signals for TPE:2344:

  • PE Ratio without NRI: 213.05 (1240% above median its 10-year median of 15.90)
  • GF Value™: NT$47.32 vs. price of NT$184.50 (289.9% above fair value)
  • GF Score™: 64/100 with 10 warning signs
  • Industry Position: 323% above the Semiconductors median (#593 of 667)

No single metric tells the full story. See the TPE:2344 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Winbond Electronics Business Description

Address No. 8, Keya 1st Road, Daya District, Taichung, TWN
Winbond Electronics Corp is engaged in the design, development, manufacture, and marketing of very large scale integration (VLSI) integrated circuits (ICs) used in a variety of microelectronic applications. In addition, it offers customised memory solutions like Mobile RAM and Specialty DRAM, and core storage flash memory products. The company's operating segments are Customized Memory Solution product, Flash Memory product, and Logic IC product. Maximum revenue is generated from the Flash Memory product segment, which engages mainly in the manufacturing, selling, researching, designing and after-sales service of Flash Memory product. Geographically, the company generates maximum revenue from Asia, followed by America, Europe, and Other regions.
64GF Score

Get the complete analysis for TPE:2344

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

NT$184.50
Price
NT$47.32
GF Value