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Shapir Engineering and IndustryXTAE:SPEN -0.62%88 PE Ratio without NRI is 71.73 as of Jul. 21, 2026, which is 182% above its 10-year median of 25.46. GuruFocus rates XTAE:SPEN with a GF Score™ of 88/100 and a GF Value™ of ₪31.31 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 1,318 Construction companies, Shapir Engineering and Industry ranks worse than 91.27% 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 (2026-07-21), Shapir Engineering and Industry's share price is ₪47.77.
Shapir Engineering and Industry's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was ₪0.67. Therefore, Shapir Engineering and Industry's PE Ratio without NRI for today is 71.73.
During the past 13 years, Shapir Engineering and Industry's highest PE Ratio without NRI was 222.00. The lowest was 10.00. And the median was 25.46.
Shapir Engineering and Industry (XTAE:SPEN) 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.
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.
Shapir Engineering and Industry PE Ratio without NRI Related Terms
Shapir Engineering and Industry PE Ratio without NRI Historical Data
* 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.
Shapir Engineering and Industry PE Ratio without NRI Chart
XTAE:SPEN vs PWR, FIX, EME: PE Ratio without NRI Comparison
For the Engineering & Construction subindustry, Shapir Engineering and Industry'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.
Shapir Engineering and Industry PE Ratio without NRI vs Construction Industry
For the Construction industry and Industrials sector, Shapir Engineering and Industry's PE Ratio without NRI distribution charts can be found below:
* The bar in red indicates where Shapir Engineering and Industry's PE Ratio without NRI falls into.
Shapir Engineering and Industry 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.
Shapir Engineering and Industry's Share Price of today is ₪47.77.
Shapir Engineering and Industry's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₪0.67.
* 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.
Shapir Engineering and Industry (XTAE:SPEN) has a PE Ratio without NRI of 71.73 as of Jul. 21, 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 Shapir Engineering and Industry and its competitors. This is 182% above median its historical median of 25.46. Over the past decade, Shapir Engineering and Industry's PE Ratio without NRI has ranged from 10.00 to 222.00. According to the industry distribution chart, Shapir Engineering and Industry ranks #1203 out of 1318 companies in the Construction industry, placing it in the top 91.3%.
Is Shapir Engineering and Industry's PE Ratio without NRI too high?
Shapir Engineering and Industry's current PE Ratio without NRI of 71.73 is 182% above median its 10-year median of 25.46. Over the past 10 years, this metric has ranged from a low of 10.00 to a high of 222.00. The Construction industry median PE Ratio without NRI is 14.88. Shapir Engineering and Industry's value of 71.73 is 382.2% above this industry median. Based on the distribution chart, Shapir Engineering and Industry ranks #1203 out of 1318 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Shapir Engineering and Industry has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shapir Engineering and Industry's PE Ratio without NRI compare to PWR and FIX?
According to the Construction industry distribution chart, Shapir Engineering and Industry ranks #1203 out of 1318 companies for PE Ratio without NRI. This places Shapir Engineering and Industry in the lower half of its industry. The industry median PE Ratio without NRI is 14.88. Shapir Engineering and Industry's value of 71.73 is 382.2% above this benchmark. Historically, Shapir Engineering and Industry's own PE Ratio without NRI has ranged from 10.00 to 222.00 over the past decade. While the company's 10-year median is 25.46 vs. the industry median of 14.88, Shapir Engineering and Industry 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 Construction company?
The median PE Ratio without NRI among Construction companies is 14.88, based on 1,318 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. Shapir Engineering and Industry's current PE Ratio without NRI of 71.73 is 382.2% 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 Shapir Engineering and Industry and its competitors. For the Construction industry, the median PE Ratio without NRI is 14.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shapir Engineering and Industry's current PE Ratio without NRI is 71.73, which is 182% above median its own 10-year median of 25.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shapir Engineering and Industry stock overvalued right now?
Based on GuruFocus' analysis, Shapir Engineering and Industry (XTAE:SPEN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₪31.31, compared to a current price of ₪47.77 — trading 52.6% above its estimated fair value. The current PE Ratio without NRI is 71.73, which is 182% above median its 10-year median of 25.46 and 382.2% above the Construction industry median of 14.88. Shapir Engineering and Industry's overall GF Score™ is 88/100 with 12 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 Shapir Engineering and Industry (XTAE:SPEN), the current PE Ratio without NRI is 71.73 as of Jul. 21, 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 Shapir Engineering and Industry (XTAE:SPEN) Overvalued in 2026?
Based on GuruFocus' analysis, Shapir Engineering and Industry stock appears to be overvalued.
The current stock price of ₪47.77 is trading 52.6% above its estimated GF Value™ of ₪31.31.
GuruFocus considers Shapir Engineering and Industry to be Significantly Overvalued.
Key valuation signals for XTAE:SPEN:
PE Ratio without NRI: 71.73 (182% above median its 10-year median of 25.46)
GF Value™: ₪31.31 vs. price of ₪47.77 (52.6% above fair value)
Industry Position: 382.2% above the Construction median (#1203 of 1318)
No single metric tells the full story. See the XTAE:SPEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shapir Engineering and Industry Business Description
Shapir Engineering and Industry Ltd is an Israel-based company which is active in engineering and construction industry. It is engaged in manufacturing and supplying of aggregates and road materials, concrete, concrete fabricated plant as well as asphalt for road paving. The company also manufactures ready mix concrete and building finishing products and prefabricated elements from prestressed and precast concrete. Shapir focuses on developing high-quality apartment buildings and other apartments in various projects through Israel.
88GF Score
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