CE Technology Bhd (XKLS:03024) PE Ratio without NRI: 30.36 (As of Jul. 04, 2026) — Near Median


XKLS:03024 CE Technology Bhd XKLS:03024
72 GF Score
Price RM0.85
GF Value RM1.65
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is CE Technology Bhd PE Ratio without NRI?

CE Technology Bhd XKLS:03024 72 PE Ratio without NRI is 30.36 as of Jul. 04, 2026, which is 7% above its 10-year median of 28.50. GuruFocus rates XKLS:03024 with a GF Score™ of 72/100 and a GF Value™ of RM1.65 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,176 Chemicals companies, CE Technology Bhd ranks worse than 57.82% 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), CE Technology Bhd's share price is RM0.85. CE Technology Bhd's EPS without NRI for the trailing twelve months (TTM) ended in Jan. 2026 was RM0.03. Therefore, CE Technology Bhd's PE Ratio without NRI for today is 30.36.

During the past 10 years, CE Technology Bhd's highest PE Ratio without NRI was 90.00. The lowest was 10.85. And the median was 28.50.

CE Technology Bhd's EPS without NRI for the six months ended in Jan. 2026 was RM0.01. Its EPS without NRI for the trailing twelve months (TTM) ended in Jan. 2026 was RM0.03.

As of today (2026-07-04), CE Technology Bhd's share price is RM0.85. CE Technology Bhd's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jan. 2026 was RM0.03. Therefore, CE Technology Bhd's PE Ratio (TTM) for today is 30.36.

During the past years, CE Technology Bhd's highest PE Ratio (TTM) was 90.00. The lowest was 10.85. And the median was 28.50.

CE Technology Bhd's EPS (Diluted) for the six months ended in Jan. 2026 was RM0.01. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Jan. 2026 was RM0.03.

CE Technology Bhd's EPS (Basic) for the six months ended in Jan. 2026 was RM0.01. Its EPS (Basic) for the trailing twelve months (TTM) ended in Jan. 2026 was RM0.03.


CE Technology Bhd  (XKLS:03024) 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.


CE Technology Bhd PE Ratio without NRI Related Terms


CE Technology Bhd PE Ratio without NRI Historical Data

* Premium members only.

The historical data trend for CE Technology 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.

CE Technology Bhd PE Ratio without NRI Chart

CE Technology Bhd Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
PE Ratio without NRI
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.85 16.67 At Loss 76.67 25.86

CE Technology Bhd Semi-Annual Data
Jul16 Jul17 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 At Loss 76.67 At Loss 25.86 At Loss

XKLS:03024 vs LIN, SHW, ECL: PE Ratio without NRI Comparison

For the Specialty Chemicals subindustry, CE Technology 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.


CE Technology Bhd PE Ratio without NRI vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, CE Technology Bhd's PE Ratio without NRI distribution charts can be found below:

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


XKLS:03024
72GF Score
CE Technology Bhd XKLS:03024
PE Ratio without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CE Technology 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.

CE Technology Bhd's PE Ratio without NRI for today is calculated as

PE Ratio without NRI=Share Price/ EPS without NRI
=0.85/0.028
=30.36

CE Technology Bhd's Share Price of today is RM0.85.
For company reported semi-annually, CE Technology Bhd's EPS without NRI for the trailing twelve months (TTM) ended in Jan. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was RM0.03.

* 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 30.36 mean?
CE Technology Bhd (XKLS:03024) has a PE Ratio without NRI of 30.36 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 CE Technology Bhd and its competitors. This is near median its historical median of 28.50. Over the past decade, CE Technology Bhd's PE Ratio without NRI has ranged from 10.85 to 90.00. According to the industry distribution chart, CE Technology Bhd ranks #680 out of 1176 companies in the Chemicals industry, placing it in the top 57.8%.
Is CE Technology Bhd's PE Ratio without NRI too high?
CE Technology Bhd's current PE Ratio without NRI of 30.36 is near median its 10-year median of 28.50. Over the past 10 years, this metric has ranged from a low of 10.85 to a high of 90.00. The Chemicals industry median PE Ratio without NRI is 24.05. CE Technology Bhd's value of 30.36 is 26.3% above this industry median. Based on the distribution chart, CE Technology Bhd ranks #680 out of 1176 companies in the Chemicals industry, which is below the industry midpoint. Overall, CE Technology Bhd has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CE Technology Bhd's PE Ratio without NRI compare to LIN and SHW?
According to the Chemicals industry distribution chart, CE Technology Bhd ranks #680 out of 1176 companies for PE Ratio without NRI. This places CE Technology Bhd in the lower half of its industry. The industry median PE Ratio without NRI is 24.05. CE Technology Bhd's value of 30.36 is 26.3% above this benchmark. Historically, CE Technology Bhd's own PE Ratio without NRI has ranged from 10.85 to 90.00 over the past decade. While the company's 10-year median is 28.50 vs. the industry median of 24.05, CE Technology 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 Chemicals company?
The median PE Ratio without NRI among Chemicals companies is 24.05, based on 1,176 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. CE Technology Bhd's current PE Ratio without NRI of 30.36 is 26.3% 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 CE Technology Bhd and its competitors. For the Chemicals industry, the median PE Ratio without NRI is 24.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CE Technology Bhd's current PE Ratio without NRI is 30.36, which is near median its own 10-year median of 28.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CE Technology Bhd stock overvalued right now?
Based on GuruFocus' analysis, CE Technology Bhd (XKLS:03024) is currently considered Significantly Undervalued. The stock's GF Value™ is RM1.65, compared to a current price of RM0.85 — trading 48.5% below its estimated fair value. The current PE Ratio without NRI is 30.36, which is near median its 10-year median of 28.50 and 26.3% above the Chemicals industry median of 24.05. CE Technology Bhd's overall GF Score™ is 72/100 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 CE Technology Bhd (XKLS:03024), the current PE Ratio without NRI is 30.36 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 CE Technology Bhd (XKLS:03024) Overvalued in 2026?

Based on GuruFocus' analysis, CE Technology Bhd stock appears to be undervalued. The current stock price of RM0.85 is trading 48.5% below its estimated GF Value™ of RM1.65. GuruFocus considers CE Technology Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:03024:

  • PE Ratio without NRI: 30.36 (near median its 10-year median of 28.50)
  • GF Value™: RM1.65 vs. price of RM0.85 (48.5% below fair value)
  • GF Score™: 72/100 with 2 warning signs
  • Industry Position: 26.3% above the Chemicals median (#680 of 1176)

No single metric tells the full story. See the XKLS:03024 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CE Technology Bhd Business Description

Address 11528, Jalan Logam 4, Kawasan Perindustrian Kamunting Raya, West Malaysia, Taiping, PRK, MYS, 34600
CE Technology Bhd is principally engaged in the research, development, post-processing, manufacturing, and sales of cleanroom gloves. It mainly serves the needs of the high-end critical environment industries such as disk drives, semiconductors, electronic devices, flat panels, biotech, medical devices, pharmaceutical, and aerospace manufacturing industries. Geographically, it earns revenues from Malaysia, ASEAN, Europe, the USA, Japan, China, and Others. The company earns maximum revenue from the USA.
72GF Score

Get the complete analysis for XKLS:03024

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

RM0.85
Price
RM1.65
GF Value