LEM Holding (XSWX:LEHN) PE Ratio without NRI: 48.61 (As of Jun. 27, 2026) — 64% Above Median


XSWX:LEHN LEM Holding SA XSWX:LEHN
65 GF Score
Price CHF447.50
GF Value CHF818.58
Valuation Significantly Undervalued
! 6 Warning Signs
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What is LEM Holding PE Ratio without NRI?

LEM Holding XSWX:LEHN -0.22% 65 PE Ratio without NRI is 48.61 as of Jun. 27, 2026, which is 64% above its 10-year median of 29.57. GuruFocus rates XSWX:LEHN with a GF Score™ of 65/100 and a GF Value™ of CHF818.58 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 1,673 Hardware companies, LEM Holding ranks worse than 64.49% 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 (2026-06-27), LEM Holding's share price is CHF447.50. LEM Holding's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was CHF9.21. Therefore, LEM Holding's PE Ratio without NRI for today is 48.61.

During the past 13 years, LEM Holding's highest PE Ratio without NRI was 64.33. The lowest was 12.55. And the median was 29.57.

LEM Holding's EPS without NRI for the six months ended in Mar. 2026 was CHF2.23. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was CHF9.21.

As of today (2026-06-27), LEM Holding's share price is CHF447.50. LEM Holding's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was CHF8.63. Therefore, LEM Holding's PE Ratio (TTM) for today is 51.85.

During the past years, LEM Holding's highest PE Ratio (TTM) was 121.90. The lowest was 12.68. And the median was 30.20.

LEM Holding's EPS (Diluted) for the six months ended in Mar. 2026 was CHF2.69. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was CHF8.63.

LEM Holding's EPS (Basic) for the six months ended in Mar. 2026 was CHF2.69. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was CHF8.65.


LEM Holding  (XSWX:LEHN) 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.


LEM Holding PE Ratio without NRI Related Terms


LEM Holding PE Ratio without NRI Historical Data

* Premium members only.

The historical data trend for LEM Holding'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.

LEM Holding PE Ratio without NRI Chart

LEM Holding Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PE Ratio without NRI
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.61 29.84 29.49 50.90 32.31

LEM Holding Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 29.49 At Loss 50.90 At Loss 32.31

XSWX:LEHN vs APH, GLW, TEL: PE Ratio without NRI Comparison

For the Electronic Components subindustry, LEM Holding'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.


LEM Holding PE Ratio without NRI vs Hardware Industry

For the Hardware industry and Technology sector, LEM Holding's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where LEM Holding's PE Ratio without NRI falls into.


XSWX:LEHN
65GF Score
LEM Holding SA XSWX:LEHN
PE Ratio without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
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LEM Holding 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.

LEM Holding's PE Ratio without NRI for today is calculated as

PE Ratio without NRI=Share Price/ EPS without NRI
=447.50/9.206
=48.61

LEM Holding's Share Price of today is CHF447.50.
For company reported semi-annually, LEM Holding's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was CHF9.21.

* 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 48.61 mean?
LEM Holding (XSWX:LEHN) has a PE Ratio without NRI of 48.61 as of Jun. 27, 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 LEM Holding and its competitors. This is 64% above median its historical median of 29.57. Over the past decade, LEM Holding's PE Ratio without NRI has ranged from 12.55 to 64.33. According to the industry distribution chart, LEM Holding ranks #1079 out of 1673 companies in the Hardware industry, placing it in the top 64.5%.
Is LEM Holding's PE Ratio without NRI too high?
LEM Holding's current PE Ratio without NRI of 48.61 is 64% above median its 10-year median of 29.57. Over the past 10 years, this metric has ranged from a low of 12.55 to a high of 64.33. The Hardware industry median PE Ratio without NRI is 31.65. LEM Holding's value of 48.61 is 53.6% above this industry median. Based on the distribution chart, LEM Holding ranks #1079 out of 1673 companies in the Hardware industry, which is below the industry midpoint. Overall, LEM Holding has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does LEM Holding's PE Ratio without NRI compare to APH and GLW?
According to the Hardware industry distribution chart, LEM Holding ranks #1079 out of 1673 companies for PE Ratio without NRI. This places LEM Holding in the lower half of its industry. The industry median PE Ratio without NRI is 31.65. LEM Holding's value of 48.61 is 53.6% above this benchmark. Historically, LEM Holding's own PE Ratio without NRI has ranged from 12.55 to 64.33 over the past decade. While the company's 10-year median is 29.57 vs. the industry median of 31.65, LEM Holding 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 Hardware company?
The median PE Ratio without NRI among Hardware companies is 31.65, based on 1,673 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. LEM Holding's current PE Ratio without NRI of 48.61 is 53.6% 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 LEM Holding and its competitors. For the Hardware industry, the median PE Ratio without NRI is 31.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LEM Holding's current PE Ratio without NRI is 48.61, which is 64% above median its own 10-year median of 29.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LEM Holding stock overvalued right now?
Based on GuruFocus' analysis, LEM Holding (XSWX:LEHN) is currently considered Significantly Undervalued. The stock's GF Value™ is CHF818.58, compared to a current price of CHF447.50 — trading 45.3% below its estimated fair value. The current PE Ratio without NRI is 48.61, which is 64% above median its 10-year median of 29.57 and 53.6% above the Hardware industry median of 31.65. LEM Holding's overall GF Score™ is 65/100 with 6 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 LEM Holding (XSWX:LEHN), the current PE Ratio without NRI is 48.61 as of Jun. 27, 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 LEM Holding (XSWX:LEHN) Overvalued in 2026?

Based on GuruFocus' analysis, LEM Holding stock appears to be undervalued. The current stock price of CHF447.50 is trading 45.3% below its estimated GF Value™ of CHF818.58. GuruFocus considers LEM Holding to be Significantly Undervalued.

Key valuation signals for XSWX:LEHN:

  • PE Ratio without NRI: 48.61 (64% above median its 10-year median of 29.57)
  • GF Value™: CHF818.58 vs. price of CHF447.50 (45.3% below fair value)
  • GF Score™: 65/100 with 6 warning signs
  • Industry Position: 53.6% above the Hardware median (#1079 of 1673)

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


LEM Holding Business Description

Other Exchanges LEHNz:UK0QKB:UK
Address Route du Nant-d’Avril 152, Meyrin, CHE, 1217
LEM Holding SA develops electrical measurement solutions for energy and mobility applications. Its products are used in customer systems for measurement, monitoring, and control purposes. Its product portfolio includes Energy meters, Rogowski coils, Voltage sensors, Current sensors, and Integrated current sensors. The company's operations are organized in two reportable segments, namely, i) Region of Asia which includes China, Japan, South Korea, India, Southeast Asia; ii) Region of Europe/Americas which includes Europe, the Middle East, Africa, NAFTA and Latin America. The majority of revenue is derived from the Asia segment.
65GF Score

Get the complete analysis for XSWX:LEHN

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

CHF447.50
Price
CHF818.58
GF Value