Bul Land Inv Re (XBUL:LAND) PE Ratio without NRI: 96.67 (As of Jul. 13, 2026) — 20% Above Median


XBUL:LAND Bul Land Inv Re XBUL:LAND
29 GF Score
Price €0.58
GF Value €0.73
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Bul Land Inv Re PE Ratio without NRI?

Bul Land Inv Re XBUL:LAND 29 PE Ratio without NRI is 96.67 as of Jul. 13, 2026, which is 20% above its 10-year median of 80.77. GuruFocus rates XBUL:LAND with a GF Score™ of 29/100 and a GF Value™ of €0.73 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 752 REITs companies, Bul Land Inv Re ranks worse than 93.88% 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 (2026-07-13), Bul Land Inv Re's share price is €0.58. Bul Land Inv Re's EPS without NRI for the trailing twelve months (TTM) ended in Sep. 2025 was €0.01. Therefore, Bul Land Inv Re's PE Ratio without NRI for today is 96.67.

During the past 13 years, Bul Land Inv Re's highest PE Ratio without NRI was 505.00. The lowest was 28.10. And the median was 80.77.

Bul Land Inv Re's EPS without NRI for the three months ended in Sep. 2025 was €0.00. Its EPS without NRI for the trailing twelve months (TTM) ended in Sep. 2025 was €0.01.

As of today (2026-07-13), Bul Land Inv Re's share price is €0.58. Bul Land Inv Re's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2025 was €0.01. Therefore, Bul Land Inv Re's PE Ratio (TTM) for today is 82.86.

During the past years, Bul Land Inv Re's highest PE Ratio (TTM) was 505.00. The lowest was 28.10. And the median was 72.86.

Bul Land Inv Re's EPS (Diluted) for the three months ended in Sep. 2025 was €0.00. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Sep. 2025 was €0.01.

Bul Land Inv Re's EPS (Basic) for the three months ended in Sep. 2025 was €0.00. Its EPS (Basic) for the trailing twelve months (TTM) ended in Sep. 2025 was €0.01.


Bul Land Inv Re  (XBUL:LAND) 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.


Bul Land Inv Re PE Ratio without NRI Related Terms


Bul Land Inv Re PE Ratio without NRI Historical Data

* Premium members only.

The historical data trend for Bul Land Inv Re'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.

Bul Land Inv Re PE Ratio without NRI Chart

Bul Land Inv Re Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
PE Ratio without NRI
Get a 7-Day Free Trial Premium Member Only Premium Member Only At Loss 103.75 At Loss At Loss N/A

Bul Land Inv Re Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 At Loss N/A 210.00 283.33 140.00

XBUL:LAND vs VICI, WPC, BNL: PE Ratio without NRI Comparison

For the REIT - Diversified subindustry, Bul Land Inv Re'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.


Bul Land Inv Re PE Ratio without NRI vs REITs Industry

For the REITs industry and Real Estate sector, Bul Land Inv Re's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where Bul Land Inv Re's PE Ratio without NRI falls into.


XBUL:LAND
29GF Score
Bul Land Inv Re XBUL:LAND
PE Ratio without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
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Bul Land Inv Re 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.

Bul Land Inv Re's PE Ratio without NRI for today is calculated as

PE Ratio without NRI=Share Price/ EPS without NRI
=0.58/0.006
=96.67

Bul Land Inv Re's Share Price of today is €0.58.
Bul Land Inv Re's EPS without NRI for the trailing twelve months (TTM) ended in Sep. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.01.

* 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 96.67 mean?
Bul Land Inv Re (XBUL:LAND) has a PE Ratio without NRI of 96.67 as of Jul. 13, 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 Bul Land Inv Re and its competitors. This is 20% above median its historical median of 80.77. Over the past decade, Bul Land Inv Re's PE Ratio without NRI has ranged from 28.10 to 505.00. According to the industry distribution chart, Bul Land Inv Re ranks #706 out of 752 companies in the REITs industry, placing it in the top 93.9%.
Is Bul Land Inv Re's PE Ratio without NRI too high?
Bul Land Inv Re's current PE Ratio without NRI of 96.67 is 20% above median its 10-year median of 80.77. Over the past 10 years, this metric has ranged from a low of 28.10 to a high of 505.00. The REITs industry median PE Ratio without NRI is 14.18. Bul Land Inv Re's value of 96.67 is 581.7% above this industry median. Based on the distribution chart, Bul Land Inv Re ranks #706 out of 752 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Bul Land Inv Re has a GF Score™ of 29/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bul Land Inv Re's PE Ratio without NRI compare to VICI and WPC?
According to the REITs industry distribution chart, Bul Land Inv Re ranks #706 out of 752 companies for PE Ratio without NRI. This places Bul Land Inv Re in the lower half of its industry. The industry median PE Ratio without NRI is 14.18. Bul Land Inv Re's value of 96.67 is 581.7% above this benchmark. Historically, Bul Land Inv Re's own PE Ratio without NRI has ranged from 28.10 to 505.00 over the past decade. While the company's 10-year median is 80.77 vs. the industry median of 14.18, Bul Land Inv Re 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 REITs company?
The median PE Ratio without NRI among REITs companies is 14.18, based on 752 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. Bul Land Inv Re's current PE Ratio without NRI of 96.67 is 581.7% 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 Bul Land Inv Re and its competitors. For the REITs industry, the median PE Ratio without NRI is 14.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bul Land Inv Re's current PE Ratio without NRI is 96.67, which is 20% above median its own 10-year median of 80.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bul Land Inv Re stock overvalued right now?
Based on GuruFocus' analysis, Bul Land Inv Re (XBUL:LAND) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.73, compared to a current price of €0.58 — trading 20.5% below its estimated fair value. The current PE Ratio without NRI is 96.67, which is 20% above median its 10-year median of 80.77 and 581.7% above the REITs industry median of 14.18. Bul Land Inv Re's overall GF Score™ is 29/100 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 Bul Land Inv Re (XBUL:LAND), the current PE Ratio without NRI is 96.67 as of Jul. 13, 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 Bul Land Inv Re (XBUL:LAND) Overvalued in 2026?

Based on GuruFocus' analysis, Bul Land Inv Re stock appears to be undervalued. The current stock price of €0.58 is trading 20.5% below its estimated GF Value™ of €0.73. GuruFocus considers Bul Land Inv Re to be Modestly Undervalued.

Key valuation signals for XBUL:LAND:

  • PE Ratio without NRI: 96.67 (20% above median its 10-year median of 80.77)
  • GF Value™: €0.73 vs. price of €0.58 (20.5% below fair value)
  • GF Score™: 29/100 with 2 warning signs
  • Industry Position: 581.7% above the REITs median (#706 of 752)

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


Bul Land Inv Re Business Description

Industry Real EstateREITs
Address Christopher Columbus boulevard. No. 43, Sofia, BGR, 1592
Bul Land Inv Re is an investment company for securitization of agricultural land. The objective is to provide shareholders with a growing value of the company's shares and current income through the distribution of dividends.
29GF Score

Get the complete analysis for XBUL:LAND

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

€0.58
Price
€0.73
GF Value