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SkyCity Entertainment Group (ASX:SKC) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. 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 PE Ratio .
SkyCity Entertainment Group Forward PE Ratio Related Terms
SkyCity Entertainment Group Forward PE Ratio 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.
SkyCity Entertainment Group Forward PE Ratio Chart
SkyCity Entertainment Group Annual Data
Trend
2016-06
2017-06
2018-06
2019-06
2020-06
2021-06
2022-06
2023-06
2024-06
2025-06
Forward PE Ratio
16.03
15.67
15.43
17.18
28.09
24.39
30.30
22.32
12.39
11.53
SkyCity Entertainment Group Semi-Annual Data
2015-12
2016-06
2016-12
2017-06
2017-12
2018-06
2018-12
2019-06
2019-12
2020-06
2020-12
2021-06
2021-12
2022-06
2022-12
2023-06
2023-12
2024-06
2024-12
2025-06
2025-12
Forward PE Ratio
17.33
16.03
15.82
15.67
17.30
15.43
14.25
17.18
17.45
28.09
34.25
24.39
40.49
30.30
25.58
22.32
11.55
12.39
12.36
11.53
49.38
ASX:SKC vs LVS, MGM, WYNN: Forward PE Ratio Comparison
For the Resorts & Casinos subindustry, SkyCity Entertainment Group's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio 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.
SkyCity Entertainment Group Forward PE Ratio vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, SkyCity Entertainment Group's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where SkyCity Entertainment Group's Forward PE Ratio falls into.
SkyCity Entertainment Group Forward PE Ratio Calculation
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
SkyCity Entertainment Group (ASX:SKC) has a Forward PE Ratio of 22.08 as of Jul. 30, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on SkyCity Entertainment Group and its competitors. According to the industry distribution chart, SkyCity Entertainment Group ranks #240 out of 350 companies in the Travel & Leisure industry, placing it in the top 68.6%.
Is SkyCity Entertainment Group's Forward PE Ratio too high?
SkyCity Entertainment Group's current Forward PE Ratio is 22.08. The Travel & Leisure industry median Forward PE Ratio is 15.45. SkyCity Entertainment Group's value of 22.08 is 43% above this industry median. Based on the distribution chart, SkyCity Entertainment Group ranks #240 out of 350 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, SkyCity Entertainment Group has a GF Score™ of 40/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does SkyCity Entertainment Group's Forward PE Ratio compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, SkyCity Entertainment Group ranks #240 out of 350 companies for Forward PE Ratio. This places SkyCity Entertainment Group in the lower half of its industry. The industry median Forward PE Ratio is 15.45. SkyCity Entertainment Group's value of 22.08 is 43% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Travel & Leisure company?
The median Forward PE Ratio among Travel & Leisure companies is 15.45, based on 350 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SkyCity Entertainment Group's current Forward PE Ratio of 22.08 is 43% 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 Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on SkyCity Entertainment Group and its competitors. For the Travel & Leisure industry, the median Forward PE Ratio is 15.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SkyCity Entertainment Group's current Forward PE Ratio is 22.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SkyCity Entertainment Group stock overvalued right now?
Based on GuruFocus' analysis, SkyCity Entertainment Group (ASX:SKC) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.86, compared to a current price of A$0.52 — trading 39.5% below its estimated fair value. The current Forward PE Ratio is 22.08 and 43% above the Travel & Leisure industry median of 15.45. SkyCity Entertainment Group's overall GF Score™ is 40/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For SkyCity Entertainment Group (ASX:SKC), the current Forward PE Ratio is 22.08 as of Jul. 30, 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 SkyCity Entertainment Group (ASX:SKC) Overvalued in 2026?
Based on GuruFocus' analysis, SkyCity Entertainment Group stock appears to be undervalued.
The current stock price of A$0.52 is trading 39.5% below its estimated GF Value™ of A$0.86.
GuruFocus considers SkyCity Entertainment Group to be Possible Value Trap.
Key valuation signals for ASX:SKC:
Forward PE Ratio: 22.08
GF Value™: A$0.86 vs. price of A$0.52 (39.5% below fair value)
Industry Position: 43% above the Travel & Leisure median (#240 of 350)
No single metric tells the full story. See the ASX:SKC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SkyCity Entertainment operates a number of casino-hotel complexes across Australia and New Zealand. The flagship property is SkyCity Auckland, the holder and operator of an exclusive casino licence (expiring in 2048) in New Zealand's most populous city. The company also owns smaller casinos in Hamilton and Queenstown. In Australia, the company operates SkyCity Adelaide (exclusive licence expiring in 2035).
40GF Score
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Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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