Henkel AG KGaA (XSWX:HEN3) PE Ratio without NRI: 12.83 (As of Jun. 24, 2026) — 25% Below Median


XSWX:HEN3 Henkel AG & Co KGaA XSWX:HEN3
76 GF Score
Price CHF63.74
GF Value CHF64.12
! 2 Warning Signs
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What is Henkel AG KGaA PE Ratio without NRI?

Henkel AG KGaA XSWX:HEN3 76 PE Ratio without NRI is 12.83 as of Jun. 24, 2026, which is 25% below its 10-year median of 17.11. GuruFocus rates XSWX:HEN3 with a GF Score™ of 76/100 and a GF Value™ of CHF64.12. The stock has 2 warning signs investors should review. Among 1,457 Consumer Packaged Goods companies, Henkel AG KGaA ranks better than 60.81% 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 (2026-06-24), Henkel AG KGaA's share price is CHF63.74. Henkel AG KGaA's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was CHF4.97. Therefore, Henkel AG KGaA's PE Ratio without NRI for today is 12.83.

During the past 13 years, Henkel AG KGaA's highest PE Ratio without NRI was 25.19. The lowest was 11.69. And the median was 17.11.

Henkel AG KGaA's EPS without NRI for the six months ended in Dec. 2025 was CHF2.33. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was CHF4.97.

As of today (2026-06-24), Henkel AG KGaA's share price is CHF63.74. Henkel AG KGaA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was CHF4.60. Therefore, Henkel AG KGaA's PE Ratio (TTM) for today is 13.84.

During the past years, Henkel AG KGaA's highest PE Ratio (TTM) was 30.44. The lowest was 12.62. And the median was 18.98.

Henkel AG KGaA's EPS (Diluted) for the six months ended in Dec. 2025 was CHF2.11. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was CHF4.60.

Henkel AG KGaA's EPS (Basic) for the six months ended in Dec. 2025 was CHF2.11. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2025 was CHF4.60.


Henkel AG KGaA  (XSWX:HEN3) 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.


Henkel AG KGaA PE Ratio without NRI Related Terms


Henkel AG KGaA PE Ratio without NRI Historical Data

* Premium members only.

The historical data trend for Henkel AG KGaA'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.

Henkel AG KGaA PE Ratio without NRI Chart

Henkel AG KGaA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PE Ratio without NRI
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.67 16.67 16.75 15.80 13.10

Henkel AG KGaA Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 16.75 At Loss 15.80 At Loss 13.10

XSWX:HEN3 vs PG, CL, KVUE: PE Ratio without NRI Comparison

For the Household & Personal Products subindustry, Henkel AG KGaA'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.


Henkel AG KGaA PE Ratio without NRI vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Henkel AG KGaA's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where Henkel AG KGaA's PE Ratio without NRI falls into.


XSWX:HEN3
76GF Score
Henkel AG & Co KGaA XSWX:HEN3
PE Ratio without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
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Henkel AG KGaA 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.

Henkel AG KGaA's PE Ratio without NRI for today is calculated as

PE Ratio without NRI=Share Price/ EPS without NRI
=63.74/4.969
=12.83

Henkel AG KGaA's Share Price of today is CHF63.74.
For company reported semi-annually, Henkel AG KGaA's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was CHF4.97.

* 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 12.83 mean?
Henkel AG KGaA (XSWX:HEN3) has a PE Ratio without NRI of 12.83 as of Jun. 24, 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 Henkel AG KGaA and its competitors. This is 25% below median its historical median of 17.11. Over the past decade, Henkel AG KGaA's PE Ratio without NRI has ranged from 11.69 to 25.19. According to the industry distribution chart, Henkel AG KGaA ranks #571 out of 1457 companies in the Consumer Packaged Goods industry, placing it in the top 39.2%.
Is Henkel AG KGaA's PE Ratio without NRI too high?
Henkel AG KGaA's current PE Ratio without NRI of 12.83 is 25% below median its 10-year median of 17.11. Over the past 10 years, this metric has ranged from a low of 11.69 to a high of 25.19. The Consumer Packaged Goods industry median PE Ratio without NRI is 15.88. Henkel AG KGaA's value of 12.83 is 19.2% below this industry median. Based on the distribution chart, Henkel AG KGaA ranks #571 out of 1457 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Henkel AG KGaA has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Henkel AG KGaA's PE Ratio without NRI compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Henkel AG KGaA ranks #571 out of 1457 companies for PE Ratio without NRI. This puts Henkel AG KGaA in the upper half of its industry. The industry median PE Ratio without NRI is 15.88. Henkel AG KGaA's value of 12.83 is 19.2% below this benchmark. Historically, Henkel AG KGaA's own PE Ratio without NRI has ranged from 11.69 to 25.19 over the past decade. While the company's 10-year median is 17.11 vs. the industry median of 15.88, Henkel AG KGaA has consistently been below 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 15.88, based on 1,457 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. Henkel AG KGaA's current PE Ratio without NRI of 12.83 is 19.2% 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 Henkel AG KGaA and its competitors. For the Consumer Packaged Goods industry, the median PE Ratio without NRI is 15.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Henkel AG KGaA's current PE Ratio without NRI is 12.83, which is 25% below median its own 10-year median of 17.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Henkel AG KGaA stock overvalued right now?
Henkel AG KGaA (XSWX:HEN3) has a current PE Ratio without NRI of 12.83. The stock's GF Value™ is CHF64.12, compared to a current price of CHF63.74 — trading 0.6% below its estimated fair value. The current PE Ratio without NRI is 12.83, which is 25% below median its 10-year median of 17.11 and 19.2% below the Consumer Packaged Goods industry median of 15.88. Henkel AG KGaA's overall GF Score™ is 76/100 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 Henkel AG KGaA (XSWX:HEN3), the current PE Ratio without NRI is 12.83 as of Jun. 24, 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 Henkel AG KGaA (XSWX:HEN3) Overvalued in 2026?

Based on GuruFocus' analysis, Henkel AG KGaA stock appears to be undervalued. The current stock price of CHF63.74 is trading 0.6% below its estimated GF Value™ of CHF64.12.

Key valuation signals for XSWX:HEN3:

  • PE Ratio without NRI: 12.83 (25% below median its 10-year median of 17.11)
  • GF Value™: CHF64.12 vs. price of CHF63.74 (0.6% below fair value)
  • GF Score™: 76/100 with 2 warning signs
  • Industry Position: 19.2% below the Consumer Packaged Goods median (#571 of 1457)

No single metric tells the full story. See the XSWX:HEN3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Henkel AG KGaA Business Description

Address Henkelstrasse 67, Duesseldorf, NW, DEU, 40589
Two distinct customer groups constitute Henkel. The consumer segment (around 47% of consolidated 2025 sales) is laundry and homecare, including the Persil and Purex laundry detergent brands; haircare, including the Schwarzkopf brand; and other brands, including Dial in hand soap. The adhesive technologies segment makes up the remaining 53% of sales. Sales in Europe accounted for 38% of the firm's consolidated total in 2025, while Asia-Pacific and North America accounted for 17% and 26%, respectively.
76GF Score

Get the complete analysis for XSWX:HEN3

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

CHF63.74
Price
CHF64.12
GF Value