Far Eastern Department StoresTPE:2903 73 PE Ratio without NRI is 14.13 as of Jul. 05, 2026, which is 16% below its 10-year median of 16.79. GuruFocus rates TPE:2903 with a GF Score™ of 73/100 and a GF Value™ of NT$22.25 (Fairly Valued). The stock has 7 warning signs investors should review. Among 804 Retail - Cyclical companies, Far Eastern Department Stores ranks better than 58.71% 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 (2026-07-05), Far Eastern Department Stores's share price is NT$22.05.
Far Eastern Department Stores's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was NT$1.56. Therefore, Far Eastern Department Stores's PE Ratio without NRI for today is 14.13.
During the past 13 years, Far Eastern Department Stores's highest PE Ratio without NRI was 28.65. The lowest was 10.55. And the median was 16.79.
Far Eastern Department Stores (TPE:2903) 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.
Far Eastern Department Stores PE Ratio without NRI Related Terms
Far Eastern Department Stores 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.
Far Eastern Department Stores PE Ratio without NRI Chart
TPE:2903 vs DDS, M: PE Ratio without NRI Comparison
For the Department Stores subindustry, Far Eastern Department Stores'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.
Far Eastern Department Stores PE Ratio without NRI vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Far Eastern Department Stores's PE Ratio without NRI distribution charts can be found below:
* The bar in red indicates where Far Eastern Department Stores's PE Ratio without NRI falls into.
Far Eastern Department Stores 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.
Far Eastern Department Stores's Share Price of today is NT$22.05.
Far Eastern Department Stores'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$1.56.
* 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.
Far Eastern Department Stores (TPE:2903) has a PE Ratio without NRI of 14.13 as of Jul. 05, 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 Far Eastern Department Stores and its competitors. This is 16% below median its historical median of 16.79. Over the past decade, Far Eastern Department Stores' PE Ratio without NRI has ranged from 10.55 to 28.65. According to the industry distribution chart, Far Eastern Department Stores ranks #332 out of 804 companies in the Retail - Cyclical industry, placing it in the top 41.3%.
Is Far Eastern Department Stores' PE Ratio without NRI too high?
Far Eastern Department Stores' current PE Ratio without NRI of 14.13 is 16% below median its 10-year median of 16.79. Over the past 10 years, this metric has ranged from a low of 10.55 to a high of 28.65. The Retail - Cyclical industry median PE Ratio without NRI is 17.17. Far Eastern Department Stores' value of 14.13 is 17.7% below this industry median. Based on the distribution chart, Far Eastern Department Stores ranks #332 out of 804 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Far Eastern Department Stores has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Far Eastern Department Stores' PE Ratio without NRI compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Far Eastern Department Stores ranks #332 out of 804 companies for PE Ratio without NRI. This puts Far Eastern Department Stores in the upper half of its industry. The industry median PE Ratio without NRI is 17.17. Far Eastern Department Stores' value of 14.13 is 17.7% below this benchmark. Historically, Far Eastern Department Stores' own PE Ratio without NRI has ranged from 10.55 to 28.65 over the past decade. While the company's 10-year median is 16.79 vs. the industry median of 17.17, Far Eastern Department Stores 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 Retail - Cyclical company?
The median PE Ratio without NRI among Retail - Cyclical companies is 17.17, based on 804 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. Far Eastern Department Stores's current PE Ratio without NRI of 14.13 is 17.7% 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 Far Eastern Department Stores and its competitors. For the Retail - Cyclical industry, the median PE Ratio without NRI is 17.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Far Eastern Department Stores's current PE Ratio without NRI is 14.13, which is 16% below median its own 10-year median of 16.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Far Eastern Department Stores stock overvalued right now?
Based on GuruFocus' analysis, Far Eastern Department Stores (TPE:2903) is currently considered Fairly Valued. The stock's GF Value™ is NT$22.25, compared to a current price of NT$22.05 — trading 0.9% below its estimated fair value. The current PE Ratio without NRI is 14.13, which is 16% below median its 10-year median of 16.79 and 17.7% below the Retail - Cyclical industry median of 17.17. Far Eastern Department Stores' overall GF Score™ is 73/100 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 Far Eastern Department Stores (TPE:2903), the current PE Ratio without NRI is 14.13 as of Jul. 05, 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 Far Eastern Department Stores (TPE:2903) Overvalued in 2026?
Based on GuruFocus' analysis, Far Eastern Department Stores stock appears to be undervalued.
The current stock price of NT$22.05 is trading 0.9% below its estimated GF Value™ of NT$22.25.
GuruFocus considers Far Eastern Department Stores to be Fairly Valued.
Key valuation signals for TPE:2903:
PE Ratio without NRI: 14.13 (16% below median its 10-year median of 16.79)
GF Value™: NT$22.25 vs. price of NT$22.05 (0.9% below fair value)
Industry Position: 17.7% below the Retail - Cyclical median (#332 of 804)
No single metric tells the full story. See the TPE:2903 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Far Eastern Department Stores Business Description
Far Eastern Department Stores Ltd is a Taiwan-based company principally engaged in the operation of department stores and supermarkets. It provides a broad range of merchandise, including foods, apparel, gold and jewelry, household appliances, groceries, home furnishing products, consumer electronics, stationery goods, artworks, entertainment appliances, and sports and leisure goods. Geographically, the Group generates maximum revenue from ROC, and the rest from China.
73GF Score
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