Noevir Holdings Co (TSE:4928) PE Ratio without NRI: 20.26 (As of Jul. 21, 2026) — 18% Below Median

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TSE:4928 Noevir Holdings Co Ltd TSE:4928
79 GF Score
Price 円4,585.00
GF Value 円5,265.32
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Noevir Holdings Co PE Ratio without NRI?

Noevir Holdings Co TSE:4928 -0.43% 79 PE Ratio without NRI is 20.26 as of Jul. 21, 2026, which is 18% below its 10-year median of 24.85. GuruFocus rates TSE:4928 with a GF Score™ of 79/100 and a GF Value™ of 円5,265.32 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,454 Consumer Packaged Goods companies, Noevir Holdings Co ranks worse than 63.07% 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 (2026-07-21), Noevir Holdings Co's share price is 円4585.00. Noevir Holdings Co's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was 円226.30. Therefore, Noevir Holdings Co's PE Ratio without NRI for today is 20.26.

During the past 13 years, Noevir Holdings Co's highest PE Ratio without NRI was 44.89. The lowest was 17.73. And the median was 24.85.

Noevir Holdings Co's EPS without NRI for the three months ended in Dec. 2025 was 円24.35. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was 円226.30.

As of today (2026-07-21), Noevir Holdings Co's share price is 円4585.00. Noevir Holdings Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was 円237.35. Therefore, Noevir Holdings Co's PE Ratio (TTM) for today is 19.32.

Good Sign:

Noevir Holdings Co Ltd stock PE Ratio (=18.77) is close to 10-year low of 17.14.

During the past years, Noevir Holdings Co's highest PE Ratio (TTM) was 45.07. The lowest was 17.14. And the median was 25.13.

Noevir Holdings Co's EPS (Diluted) for the three months ended in Dec. 2025 was 円38.70. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was 円237.35.

Noevir Holdings Co's EPS (Basic) for the three months ended in Dec. 2025 was 円38.70. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2025 was 円237.35.


Noevir Holdings Co  (TSE:4928) 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.


Noevir Holdings Co PE Ratio without NRI Related Terms


Noevir Holdings Co PE Ratio without NRI Historical Data

* Premium members only.

The historical data trend for Noevir Holdings Co'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.

Noevir Holdings Co PE Ratio without NRI Chart

Noevir Holdings Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
PE Ratio without NRI
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.97 27.43 23.65 22.21 19.50

Noevir Holdings Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 18.74 20.06 19.50 20.37 At Loss

TSE:4928 vs PG, CL, KVUE: PE Ratio without NRI Comparison

For the Household & Personal Products subindustry, Noevir Holdings 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.


Noevir Holdings Co PE Ratio without NRI vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Noevir Holdings Co's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where Noevir Holdings Co's PE Ratio without NRI falls into.


TSE:4928
79GF Score
Noevir Holdings Co Ltd TSE:4928
PE Ratio without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Noevir Holdings 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.

Noevir Holdings Co's PE Ratio without NRI for today is calculated as

PE Ratio without NRI=Share Price/ EPS without NRI
=4585.00/226.300
=20.26

Noevir Holdings Co's Share Price of today is 円4585.00.
Noevir Holdings Co'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 円226.30.

* 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 20.26 mean?
Noevir Holdings Co (TSE:4928) has a PE Ratio without NRI of 20.26 as of Jul. 21, 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 Noevir Holdings Co and its competitors. This is 18% below median its historical median of 24.85. Over the past decade, Noevir Holdings Co's PE Ratio without NRI has ranged from 17.73 to 44.89. According to the industry distribution chart, Noevir Holdings Co ranks #917 out of 1454 companies in the Consumer Packaged Goods industry, placing it in the top 63.1%.
Is Noevir Holdings Co's PE Ratio without NRI too high?
Noevir Holdings Co's current PE Ratio without NRI of 20.26 is 18% below median its 10-year median of 24.85. Over the past 10 years, this metric has ranged from a low of 17.73 to a high of 44.89. The Consumer Packaged Goods industry median PE Ratio without NRI is 16.34. Noevir Holdings Co's value of 20.26 is 24% above this industry median. Based on the distribution chart, Noevir Holdings Co ranks #917 out of 1454 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Noevir Holdings Co has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Noevir Holdings Co's PE Ratio without NRI compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Noevir Holdings Co ranks #917 out of 1454 companies for PE Ratio without NRI. This places Noevir Holdings Co in the lower half of its industry. The industry median PE Ratio without NRI is 16.34. Noevir Holdings Co's value of 20.26 is 24% above this benchmark. Historically, Noevir Holdings Co's own PE Ratio without NRI has ranged from 17.73 to 44.89 over the past decade. While the company's 10-year median is 24.85 vs. the industry median of 16.34, Noevir Holdings 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 Consumer Packaged Goods company?
The median PE Ratio without NRI among Consumer Packaged Goods companies is 16.34, based on 1,454 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. Noevir Holdings Co's current PE Ratio without NRI of 20.26 is 24% 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 Noevir Holdings Co and its competitors. For the Consumer Packaged Goods industry, the median PE Ratio without NRI is 16.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Noevir Holdings Co's current PE Ratio without NRI is 20.26, which is 18% below median its own 10-year median of 24.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Noevir Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Noevir Holdings Co (TSE:4928) is currently considered Modestly Undervalued. The stock's GF Value™ is 円5,265.32, compared to a current price of 円4,585.00 — trading 12.9% below its estimated fair value. The current PE Ratio without NRI is 20.26, which is 18% below median its 10-year median of 24.85 and 24% above the Consumer Packaged Goods industry median of 16.34. Noevir Holdings Co's overall GF Score™ is 79/100 with 2 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 Noevir Holdings Co (TSE:4928), the current PE Ratio without NRI is 20.26 as of Jul. 21, 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 Noevir Holdings Co (TSE:4928) Overvalued in 2026?

Based on GuruFocus' analysis, Noevir Holdings Co stock appears to be undervalued. The current stock price of 円4,585.00 is trading 12.9% below its estimated GF Value™ of 円5,265.32. GuruFocus considers Noevir Holdings Co to be Modestly Undervalued.

Key valuation signals for TSE:4928:

  • PE Ratio without NRI: 20.26 (18% below median its 10-year median of 24.85)
  • GF Value™: 円5,265.32 vs. price of 円4,585.00 (12.9% below fair value)
  • GF Score™: 79/100 with 2 warning signs
  • Industry Position: 24% above the Consumer Packaged Goods median (#917 of 1454)

No single metric tells the full story. See the TSE:4928 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Noevir Holdings Co Business Description

Address 13-1, Minatojima Nakamachi 6-chome, Chuo-ku, Kobe, JPN, 650-8521
Noevir Holdings Co Ltd is a Japan-based company that is principally engaged in two businesses: cosmetics and pharmaceuticals and health food. The cosmetics business produces and offers skincare and makeup products under a number of brands, like Noevir, NOV, and Sana. The pharmaceuticals and health food business develops, produces, and sells a broad range-of-products, including Nanten Nodo Ame cough drops, functional drinks, and other over-the-counter pharmaceuticals, such as cold remedies and eye drops, and health food products as well. These two businesses jointly contribute the majority of the company's revenue. The company also operates apparel and aircraft sales and leasing. The company has a presence in many countries across the world and focuses on developing Asian markets.
79GF Score

Get the complete analysis for TSE:4928

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

円4,585.00
Price
円5,265.32
GF Value