Blue Shark Power System (XPAR:MLBSP) PE Ratio without NRI: 13.60 (As of Sep. 22, 2026)

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What is Blue Shark Power System PE Ratio without NRI?

Blue Shark Power System XPAR:MLBSP -8.11% PE Ratio without NRI is 13.60 as of Sep. 22, 2026.

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 (2026-09-22), Blue Shark Power System's share price is €3.70. Blue Shark Power System's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was €0.27. Therefore, Blue Shark Power System's PE Ratio without NRI for today is 13.60.

Blue Shark Power System's EPS without NRI for the six months ended in Dec. 2023 was €0.27. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was €0.27.

As of today (2026-09-22), Blue Shark Power System's share price is €3.70. Blue Shark Power System's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was €0.27. Therefore, Blue Shark Power System's PE Ratio (TTM) for today is 13.60.

Blue Shark Power System's EPS (Diluted) for the six months ended in Dec. 2023 was €0.27. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was €0.27.

Blue Shark Power System's EPS (Basic) for the six months ended in Dec. 2023 was €0.27. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2023 was €0.27.


Blue Shark Power System  (XPAR:MLBSP) 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.


Blue Shark Power System PE Ratio without NRI Related Terms


Blue Shark Power System PE Ratio without NRI Historical Data

* Premium members only.

The historical data trend for Blue Shark Power System'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.

Blue Shark Power System PE Ratio without NRI Chart

Blue Shark Power System Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PE Ratio without NRI
Get a 7-Day Free Trial - - 27.45 - 21.68

Blue Shark Power System Semi-Annual Data
Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PE Ratio without NRI Get a 7-Day Free Trial - - 27.45 - 21.68

XPAR:MLBSP vs : PE Ratio without NRI Comparison

For the Utilities - Renewable subindustry, Blue Shark Power System'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.


Blue Shark Power System PE Ratio without NRI vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Blue Shark Power System's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where Blue Shark Power System's PE Ratio without NRI falls into.



Blue Shark Power System 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.

Blue Shark Power System's PE Ratio without NRI for today is calculated as

PE Ratio without NRI=Share Price/ EPS without NRI
=3.70/0.272
=13.6

Blue Shark Power System's Share Price of today is €3.70.
For company reported annually, GuruFocus uses latest annual data as the TTM data. Blue Shark Power System's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was €0.27.

* 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 13.60 mean?
Blue Shark Power System (XPAR:MLBSP) has a PE Ratio without NRI of 13.60 as of Sep. 22, 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 Blue Shark Power System and its competitors.
Is Blue Shark Power System's PE Ratio without NRI too high?
Blue Shark Power System's current PE Ratio without NRI is 13.60. The Utilities - Independent Power Producers industry median PE Ratio without NRI is 19.76. Blue Shark Power System's value of 13.60 is 31.2% below this industry median.
How does Blue Shark Power System's PE Ratio without NRI compare to ?
Blue Shark Power System's PE Ratio without NRI of 13.60 can be compared against companies in the Utilities - Independent Power Producers industry. The industry median PE Ratio without NRI is 19.76. Blue Shark Power System's value of 13.60 is 31.2% below this benchmark. 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 an Utilities - Independent Power Producers company?
The median PE Ratio without NRI among Utilities - Independent Power Producers companies is 19.76, based on 290 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. Blue Shark Power System's current PE Ratio without NRI of 13.60 is 31.2% 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 Blue Shark Power System and its competitors. For the Utilities - Independent Power Producers industry, the median PE Ratio without NRI is 19.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blue Shark Power System's current PE Ratio without NRI is 13.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blue Shark Power System stock overvalued right now?
Blue Shark Power System (XPAR:MLBSP) has a current PE Ratio without NRI of 13.60. The current PE Ratio without NRI is 13.60 and 31.2% below the Utilities - Independent Power Producers industry median of 19.76. 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 Blue Shark Power System (XPAR:MLBSP), the current PE Ratio without NRI is 13.60 as of Sep. 22, 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.

Blue Shark Power System Business Description

Comparable Companies
Address 5 Allee de Tourny, Bordeaux, FRA, FR-33000
Blue Shark Power System SA is a hydro kinetic turbine designed to produce clean energy exploiting slow-moving flows of water, as large river, tidal or water currents. The company is able to harvest energy with rated power of approximatey 250-1000 kW according to the speed of the water current on a choosing site.