Zublin Immobilien Holding AG (XSWX:ZUBN) PE Ratio without NRI: 24.85 (As of Jul. 01, 2026) — 16% Above Median


XSWX:ZUBN Zublin Immobilien Holding AG XSWX:ZUBN
53 GF Score
Price CHF54.80
GF Value CHF31.83
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Zublin Immobilien Holding AG PE Ratio without NRI?

Zublin Immobilien Holding AG XSWX:ZUBN 53 PE Ratio without NRI is 24.85 as of Jul. 01, 2026, which is 16% above its 10-year median of 21.42. GuruFocus rates XSWX:ZUBN with a GF Score™ of 53/100 and a GF Value™ of CHF31.83 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,190 Real Estate companies, Zublin Immobilien Holding AG ranks worse than 74.03% 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 (2026-07-01), Zublin Immobilien Holding AG's share price is CHF54.80. Zublin Immobilien Holding AG's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was CHF2.21. Therefore, Zublin Immobilien Holding AG's PE Ratio without NRI for today is 24.85.

During the past 13 years, Zublin Immobilien Holding AG's highest PE Ratio without NRI was 135.24. The lowest was 12.51. And the median was 21.42.

Zublin Immobilien Holding AG's EPS without NRI for the six months ended in Mar. 2026 was CHF0.95. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was CHF2.21.

As of today (2026-07-01), Zublin Immobilien Holding AG's share price is CHF54.80. Zublin Immobilien Holding AG's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was CHF2.27. Therefore, Zublin Immobilien Holding AG's PE Ratio (TTM) for today is 24.14.

Warning Sign:

Zublin Immobilien Holding AG stock PE Ratio (=23.79) is close to 1-year high of 24.81.

During the past years, Zublin Immobilien Holding AG's highest PE Ratio (TTM) was 91.00. The lowest was 2.43. And the median was 16.87.

Zublin Immobilien Holding AG's EPS (Diluted) for the six months ended in Mar. 2026 was CHF0.96. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was CHF2.27.

Zublin Immobilien Holding AG's EPS (Basic) for the six months ended in Mar. 2026 was CHF0.96. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was CHF2.27.


Zublin Immobilien Holding AG  (XSWX:ZUBN) 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.


Zublin Immobilien Holding AG PE Ratio without NRI Related Terms


Zublin Immobilien Holding AG PE Ratio without NRI Historical Data

* Premium members only.

The historical data trend for Zublin Immobilien Holding AG'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.

Zublin Immobilien Holding AG PE Ratio without NRI Chart

Zublin Immobilien Holding AG 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 14.89 16.67 64.50 13.22 22.04

Zublin Immobilien Holding AG 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 64.50 At Loss 13.22 At Loss 22.04

XSWX:ZUBN vs CBRE, BEKE, JLL: PE Ratio without NRI Comparison

For the Real Estate Services subindustry, Zublin Immobilien Holding AG'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.


Zublin Immobilien Holding AG PE Ratio without NRI vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Zublin Immobilien Holding AG's PE Ratio without NRI distribution charts can be found below:

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


XSWX:ZUBN
53GF Score
Zublin Immobilien Holding AG XSWX:ZUBN
PE Ratio without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zublin Immobilien Holding AG 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.

Zublin Immobilien Holding AG's PE Ratio without NRI for today is calculated as

PE Ratio without NRI=Share Price/ EPS without NRI
=54.80/2.205
=24.85

Zublin Immobilien Holding AG's Share Price of today is CHF54.80.
For company reported semi-annually, Zublin Immobilien Holding AG'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 CHF2.21.

* 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 24.85 mean?
Zublin Immobilien Holding AG (XSWX:ZUBN) has a PE Ratio without NRI of 24.85 as of Jul. 01, 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 Zublin Immobilien Holding AG and its competitors. This is 16% above median its historical median of 21.42. Over the past decade, Zublin Immobilien Holding AG's PE Ratio without NRI has ranged from 12.51 to 135.24. According to the industry distribution chart, Zublin Immobilien Holding AG ranks #881 out of 1190 companies in the Real Estate industry, placing it in the top 74%.
Is Zublin Immobilien Holding AG's PE Ratio without NRI too high?
Zublin Immobilien Holding AG's current PE Ratio without NRI of 24.85 is 16% above median its 10-year median of 21.42. Over the past 10 years, this metric has ranged from a low of 12.51 to a high of 135.24. The Real Estate industry median PE Ratio without NRI is 12.91. Zublin Immobilien Holding AG's value of 24.85 is 92.5% above this industry median. Based on the distribution chart, Zublin Immobilien Holding AG ranks #881 out of 1190 companies in the Real Estate industry, which is below the industry midpoint. Overall, Zublin Immobilien Holding AG has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zublin Immobilien Holding AG's PE Ratio without NRI compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Zublin Immobilien Holding AG ranks #881 out of 1190 companies for PE Ratio without NRI. This places Zublin Immobilien Holding AG in the lower half of its industry. The industry median PE Ratio without NRI is 12.91. Zublin Immobilien Holding AG's value of 24.85 is 92.5% above this benchmark. Historically, Zublin Immobilien Holding AG's own PE Ratio without NRI has ranged from 12.51 to 135.24 over the past decade. While the company's 10-year median is 21.42 vs. the industry median of 12.91, Zublin Immobilien Holding AG 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 Real Estate company?
The median PE Ratio without NRI among Real Estate companies is 12.91, based on 1,190 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. Zublin Immobilien Holding AG's current PE Ratio without NRI of 24.85 is 92.5% 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 Zublin Immobilien Holding AG and its competitors. For the Real Estate industry, the median PE Ratio without NRI is 12.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zublin Immobilien Holding AG's current PE Ratio without NRI is 24.85, which is 16% above median its own 10-year median of 21.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zublin Immobilien Holding AG stock overvalued right now?
Based on GuruFocus' analysis, Zublin Immobilien Holding AG (XSWX:ZUBN) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF31.83, compared to a current price of CHF54.80 — trading 72.2% above its estimated fair value. The current PE Ratio without NRI is 24.85, which is 16% above median its 10-year median of 21.42 and 92.5% above the Real Estate industry median of 12.91. Zublin Immobilien Holding AG's overall GF Score™ is 53/100 with 4 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 Zublin Immobilien Holding AG (XSWX:ZUBN), the current PE Ratio without NRI is 24.85 as of Jul. 01, 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 Zublin Immobilien Holding AG (XSWX:ZUBN) Overvalued in 2026?

Based on GuruFocus' analysis, Zublin Immobilien Holding AG stock appears to be overvalued. The current stock price of CHF54.80 is trading 72.2% above its estimated GF Value™ of CHF31.83. GuruFocus considers Zublin Immobilien Holding AG to be Significantly Overvalued.

Key valuation signals for XSWX:ZUBN:

  • PE Ratio without NRI: 24.85 (16% above median its 10-year median of 21.42)
  • GF Value™: CHF31.83 vs. price of CHF54.80 (72.2% above fair value)
  • GF Score™: 53/100 with 4 warning signs
  • Industry Position: 92.5% above the Real Estate median (#881 of 1190)

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


Zublin Immobilien Holding AG Business Description

Other Exchanges ZUBNz:UK0REW:UK61Z1:Germany
Address Hardturmstrasse 76, Zurich, CHE, CH-8005
Zublin Immobilien Holding AG is a real estate company. The company's portfolio is focused on the management of the real estate portfolio. Some of the projects include Zurich Holbeinstrasse, Zurich Hardturmstrasse, egg gewerbestrasse, and Bern morgenstrasse. It derives revenue from rental income.
53GF Score

Get the complete analysis for XSWX:ZUBN

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

CHF54.80
Price
CHF31.83
GF Value