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The Erawan Group PCL (BKK:ERW) 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 .
The Erawan Group PCL Forward PE Ratio Related Terms
The Erawan Group PCL Forward PE Ratio Historical Data
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The historical data trend for The Erawan Group PCL's Forward PE Ratio 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.
The Erawan Group PCL Forward PE Ratio Chart
The Erawan Group PCL Annual Data
Trend
2018-12
2019-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
24.21
25.25
65.36
32.79
20.10
12.83
The Erawan Group PCL Quarterly Data
2018-03
2018-06
2018-09
2018-12
2019-03
2019-06
2019-09
2019-12
2020-03
2022-09
2022-12
2023-03
2023-06
2023-09
2023-12
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
2026-06
Forward PE Ratio
30.77
24.21
27.03
24.21
26.53
25.00
24.15
25.25
24.94
92.59
65.36
24.57
40.16
36.63
32.79
25.06
26.11
22.57
20.10
14.03
11.12
13.99
12.83
12.54
17.05
BKK:ERW vs MAR, HLT, H: Forward PE Ratio Comparison
For the Lodging subindustry, The Erawan Group PCL'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.
The Erawan Group PCL Forward PE Ratio vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, The Erawan Group PCL's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where The Erawan Group PCL's Forward PE Ratio falls into.
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.
The Erawan Group PCL (BKK:ERW) has a Forward PE Ratio of 19.48 as of Aug. 27, 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 The Erawan Group PCL and its competitors. According to the industry distribution chart, The Erawan Group PCL ranks #217 out of 353 companies in the Travel & Leisure industry, placing it in the top 61.5%.
Is The Erawan Group PCL's Forward PE Ratio too high?
The Erawan Group PCL's current Forward PE Ratio is 19.48. The Travel & Leisure industry median Forward PE Ratio is 16.03. The Erawan Group PCL's value of 19.48 is 21.5% above this industry median. Based on the distribution chart, The Erawan Group PCL ranks #217 out of 353 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, The Erawan Group PCL has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does The Erawan Group PCL's Forward PE Ratio compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, The Erawan Group PCL ranks #217 out of 353 companies for Forward PE Ratio. This places The Erawan Group PCL in the lower half of its industry. The industry median Forward PE Ratio is 16.03. The Erawan Group PCL's value of 19.48 is 21.5% 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 16.03, based on 353 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. The Erawan Group PCL's current Forward PE Ratio of 19.48 is 21.5% 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 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 The Erawan Group PCL and its competitors. For the Travel & Leisure industry, the median Forward PE Ratio is 16.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Erawan Group PCL's current Forward PE Ratio is 19.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Erawan Group PCL stock overvalued right now?
Based on GuruFocus' analysis, The Erawan Group PCL (BKK:ERW) is currently considered Fairly Valued. The stock's GF Value™ is ฿3.50, compared to a current price of ฿3.76 — trading 7.4% above its estimated fair value. The current Forward PE Ratio is 19.48 and 21.5% above the Travel & Leisure industry median of 16.03. The Erawan Group PCL's overall GF Score™ is 82/100 with 12 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 The Erawan Group PCL (BKK:ERW), the current Forward PE Ratio is 19.48 as of Aug. 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 The Erawan Group PCL (BKK:ERW) Overvalued in 2026?
Based on GuruFocus' analysis, The Erawan Group PCL stock appears to be overvalued.
The current stock price of ฿3.76 is trading 7.4% above its estimated GF Value™ of ฿3.50.
GuruFocus considers The Erawan Group PCL to be Fairly Valued.
Key valuation signals for BKK:ERW:
Forward PE Ratio: 19.48
GF Value™: ฿3.50 vs. price of ฿3.76 (7.4% above fair value)
Industry Position: 21.5% above the Travel & Leisure median (#217 of 353)
No single metric tells the full story. See the BKK:ERW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The Erawan Group PCL is a company that focuses on investing in various companies, engaged in the hotel business and in building rental business. The company operates two business segments: Hotel business segment, which consists of Grand Hyatt Erawan Bangkok, JW Marriott Bangkok, The Naka Island, a Luxury Collection Resort and Spa, Phuket, Renaissance Koh Samui Resort and Spa, Courtyard by Marriott Bangkok, Holiday Inn Pattaya, Mercure Bangkok Siam and Ibis Hotels; and the Rental and management building business segment including Erawan Bangkok, which is a boutique mall to the center of Bangkok's business and commercial district and Ploenchit Center, which is an office building with retail shops and international restaurants. The majority of the revenue is generated from its Hotel business.
82GF Score
Get the complete analysis for BKK:ERW
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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