MN Holdings Bhd (XKLS:0245) PE Ratio without NRI: 21.39 (As of Jul. 25, 2026) — Near Median

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XKLS:0245 MN Holdings Bhd XKLS:0245
79 GF Score
Price RM2.93
GF Value RM2.17
Valuation Significantly Overvalued
! 7 Warning Signs
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What is MN Holdings Bhd PE Ratio without NRI?

MN Holdings Bhd XKLS:0245 -0.68% 79 PE Ratio without NRI is 21.39 as of Jul. 25, 2026, which is 8% above its 10-year median of 19.74. GuruFocus rates XKLS:0245 with a GF Score™ of 79/100 and a GF Value™ of RM2.17 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,318 Construction companies, MN Holdings Bhd ranks worse than 66.31% 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 (2026-07-25), MN Holdings Bhd's share price is RM2.93. MN Holdings Bhd's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was RM0.14. Therefore, MN Holdings Bhd's PE Ratio without NRI for today is 21.39.

During the past 8 years, MN Holdings Bhd's highest PE Ratio without NRI was 53.75. The lowest was 11.52. And the median was 19.74.

MN Holdings Bhd's EPS without NRI for the three months ended in Mar. 2026 was RM0.03. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was RM0.14.

As of today (2026-07-25), MN Holdings Bhd's share price is RM2.93. MN Holdings Bhd's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was RM0.12. Therefore, MN Holdings Bhd's PE Ratio (TTM) for today is 25.04.

Warning Sign:

MN Holdings Bhd stock PE Ratio (=25.21) is close to 1-year high of 25.21.

During the past years, MN Holdings Bhd's highest PE Ratio (TTM) was 215.00. The lowest was 12.05. And the median was 22.50.

MN Holdings Bhd's EPS (Diluted) for the three months ended in Mar. 2026 was RM0.03. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was RM0.12.

MN Holdings Bhd's EPS (Basic) for the three months ended in Mar. 2026 was RM0.03. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was RM0.13.


MN Holdings Bhd  (XKLS:0245) 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.


MN Holdings Bhd PE Ratio without NRI Related Terms


MN Holdings Bhd PE Ratio without NRI Historical Data

* Premium members only.

The historical data trend for MN Holdings Bhd'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.

MN Holdings Bhd PE Ratio without NRI Chart

MN Holdings Bhd Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
PE Ratio without NRI
Get a 7-Day Free Trial N/A 10.71 13.04 30.47 15.27

MN Holdings Bhd Quarterly Data
Jun20 Jun21 Oct21 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 15.65 15.27 16.45 12.99 12.63

XKLS:0245 vs PWR, FIX, EME: PE Ratio without NRI Comparison

For the Engineering & Construction subindustry, MN Holdings Bhd'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.


MN Holdings Bhd PE Ratio without NRI vs Construction Industry

For the Construction industry and Industrials sector, MN Holdings Bhd's PE Ratio without NRI distribution charts can be found below:

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


XKLS:0245
79GF Score
MN Holdings Bhd XKLS:0245
PE Ratio without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MN Holdings Bhd 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.

MN Holdings Bhd's PE Ratio without NRI for today is calculated as

PE Ratio without NRI=Share Price/ EPS without NRI
=2.93/0.137
=21.39

MN Holdings Bhd's Share Price of today is RM2.93.
MN Holdings Bhd's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was RM0.14.

* 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 21.39 mean?
MN Holdings Bhd (XKLS:0245) has a PE Ratio without NRI of 21.39 as of Jul. 25, 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 MN Holdings Bhd and its competitors. This is near median its historical median of 19.74. Over the past decade, MN Holdings Bhd's PE Ratio without NRI has ranged from 11.52 to 53.75. According to the industry distribution chart, MN Holdings Bhd ranks #874 out of 1318 companies in the Construction industry, placing it in the top 66.3%.
Is MN Holdings Bhd's PE Ratio without NRI too high?
MN Holdings Bhd's current PE Ratio without NRI of 21.39 is near median its 10-year median of 19.74. Over the past 10 years, this metric has ranged from a low of 11.52 to a high of 53.75. The Construction industry median PE Ratio without NRI is 14.74. MN Holdings Bhd's value of 21.39 is 45.2% above this industry median. Based on the distribution chart, MN Holdings Bhd ranks #874 out of 1318 companies in the Construction industry, which is below the industry midpoint. Overall, MN Holdings Bhd has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MN Holdings Bhd's PE Ratio without NRI compare to PWR and FIX?
According to the Construction industry distribution chart, MN Holdings Bhd ranks #874 out of 1318 companies for PE Ratio without NRI. This places MN Holdings Bhd in the lower half of its industry. The industry median PE Ratio without NRI is 14.74. MN Holdings Bhd's value of 21.39 is 45.2% above this benchmark. Historically, MN Holdings Bhd's own PE Ratio without NRI has ranged from 11.52 to 53.75 over the past decade. While the company's 10-year median is 19.74 vs. the industry median of 14.74, MN Holdings Bhd 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 Construction company?
The median PE Ratio without NRI among Construction companies is 14.74, based on 1,318 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. MN Holdings Bhd's current PE Ratio without NRI of 21.39 is 45.2% 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 MN Holdings Bhd and its competitors. For the Construction industry, the median PE Ratio without NRI is 14.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MN Holdings Bhd's current PE Ratio without NRI is 21.39, which is near median its own 10-year median of 19.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MN Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, MN Holdings Bhd (XKLS:0245) is currently considered Significantly Overvalued. The stock's GF Value™ is RM2.17, compared to a current price of RM2.93 — trading 35% above its estimated fair value. The current PE Ratio without NRI is 21.39, which is near median its 10-year median of 19.74 and 45.2% above the Construction industry median of 14.74. MN Holdings Bhd's overall GF Score™ is 79/100 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 MN Holdings Bhd (XKLS:0245), the current PE Ratio without NRI is 21.39 as of Jul. 25, 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 MN Holdings Bhd (XKLS:0245) Overvalued in 2026?

Based on GuruFocus' analysis, MN Holdings Bhd stock appears to be overvalued. The current stock price of RM2.93 is trading 35% above its estimated GF Value™ of RM2.17. GuruFocus considers MN Holdings Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:0245:

  • PE Ratio without NRI: 21.39 (near median its 10-year median of 19.74)
  • GF Value™: RM2.17 vs. price of RM2.93 (35% above fair value)
  • GF Score™: 79/100 with 7 warning signs
  • Industry Position: 45.2% above the Construction median (#874 of 1318)

No single metric tells the full story. See the XKLS:0245 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MN Holdings Bhd Business Description

Address Jalan USJ 25/1B, F-07-01, Garden Shoppe One City, Subang Jaya, SGR, MYS, 47650
MN Holdings Bhd is a competent solution provider specializing in infrastructure utilities construction, with a primary focus on the power industry in Malaysia. It offers engineering services and solutions, supported by the necessary machinery, labor, and expertise for successful project execution. The Group mainly serves customers in the power, gas, sewerage, and telecommunications sectors within Malaysia. Its operations are organized into main reportable segments, including underground utilities engineering services and solutions; substation engineering services and solutions, including trading and supplying; and investment holding and management services. The majority of revenue is generated from the substation engineering segment.
79GF Score

Get the complete analysis for XKLS:0245

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

RM2.93
Price
RM2.17
GF Value