Evolution AB (CHIX:EVOs) 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 .
Evolution AB Forward PE Ratio Related Terms
Evolution AB Forward PE Ratio Historical Data
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The historical data trend for Evolution AB'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.
Evolution AB Forward PE Ratio Chart
Evolution AB Annual Data
Trend
2019-12
2020-12
2021-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
26.39
40.32
30.03
18.28
19.34
12.10
10.45
Evolution AB Quarterly Data
2019-12
2020-03
2020-06
2020-09
2020-12
2021-03
2021-06
2021-09
2021-12
2022-03
2022-06
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
Forward PE Ratio
26.39
24.27
44.25
29.33
40.32
39.53
46.08
38.02
30.03
25.06
20.04
16.89
18.28
22.83
23.31
16.50
19.34
18.62
15.13
14.10
12.10
12.21
12.60
12.23
10.45
9.46
CHIX:EVOS vs FLUT, DKNG, SGHC: Forward PE Ratio Comparison
For the Gambling subindustry, Evolution AB'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.
Evolution AB Forward PE Ratio vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Evolution AB's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Evolution AB'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.
Evolution AB (CHIX:EVOS) has a Forward PE Ratio of 11.54 as of Jul. 07, 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 Evolution AB and its competitors. According to the industry distribution chart, Evolution AB ranks #106 out of 348 companies in the Travel & Leisure industry, placing it in the top 30.5%.
Is Evolution AB's Forward PE Ratio too high?
Evolution AB's current Forward PE Ratio is 11.54. The Travel & Leisure industry median Forward PE Ratio is 15.29. Evolution AB's value of 11.54 is 24.5% below this industry median. Based on the distribution chart, Evolution AB ranks #106 out of 348 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Evolution AB has a GF Score™ of 94/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Evolution AB's Forward PE Ratio compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, Evolution AB ranks #106 out of 348 companies for Forward PE Ratio. This puts Evolution AB in the upper half of its industry. The industry median Forward PE Ratio is 15.29. Evolution AB's value of 11.54 is 24.5% below 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 15.29, based on 348 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. Evolution AB's current Forward PE Ratio of 11.54 is 24.5% below 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 Evolution AB and its competitors. For the Travel & Leisure industry, the median Forward PE Ratio is 15.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Evolution AB's current Forward PE Ratio is 11.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evolution AB stock overvalued right now?
Based on GuruFocus' analysis, Evolution AB (CHIX:EVOS) is currently considered Significantly Undervalued. The stock's GF Value™ is kr1,076.21, compared to a current price of kr671.20 — trading 37.6% below its estimated fair value. The current Forward PE Ratio is 11.54 and 24.5% below the Travel & Leisure industry median of 15.29. Evolution AB's overall GF Score™ is 94/100 with 1 warning sign 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 Evolution AB (CHIX:EVOS), the current Forward PE Ratio is 11.54 as of Jul. 07, 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 Evolution AB (CHIX:EVOS) Overvalued in 2026?
Based on GuruFocus' analysis, Evolution AB stock appears to be undervalued.
The current stock price of kr671.20 is trading 37.6% below its estimated GF Value™ of kr1,076.21.
GuruFocus considers Evolution AB to be Significantly Undervalued.
Key valuation signals for CHIX:EVOS:
Forward PE Ratio: 11.54
GF Value™: kr1,076.21 vs. price of kr671.20 (37.6% below fair value)
Industry Position: 24.5% below the Travel & Leisure median (#106 of 348)
No single metric tells the full story. See the CHIX:EVOS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Evolution AB develops, produces, markets, and licenses fully integrated live casino and slots solutions to gaming operators. In live casino, a game presenter (dealer) runs the game from a casino table, which is followed in real time via a video stream, while players place bets on devices such as computers, smartphones, and tablets. Its games include Live Casino, Slots, Game Shows, First Person, Live Blackjack, Live Roulette, Live Baccarat, Super Sic Bo & Dragon Tiger, Live Poker, and Land-Based games. The Company innovates, develops, and produces online casino content on a B2B basis and generates maximum revenue from Europe, followed by North America and other regions.
94GF Score
Get the complete analysis for CHIX:EVOS
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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