Flutter Entertainment (NYSE:FLUT) 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 .
Flutter Entertainment Forward PE Ratio Related Terms
Flutter Entertainment Forward PE Ratio Historical Data
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The historical data trend for Flutter Entertainment'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.
Flutter Entertainment Forward PE Ratio Chart
Flutter Entertainment Annual Data
Trend
2015-12
2016-12
2017-12
2018-12
2019-12
2020-12
2021-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
29.67
21.23
20.04
19.53
28.74
45.66
32.26
27.32
27.03
29.29
22.04
Flutter Entertainment Quarterly 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
2023-03
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
29.67
27.55
21.23
20.33
20.04
20.53
19.53
18.08
28.74
45.66
45.66
47.39
32.26
29.50
27.32
37.04
37.74
22.52
27.03
33.11
30.12
28.17
29.29
25.51
33.50
22.79
22.04
13.61
FLUT vs DKNG, SGHC, CHDN: Forward PE Ratio Comparison
For the Gambling subindustry, Flutter Entertainment'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.
Flutter Entertainment Forward PE Ratio vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Flutter Entertainment's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Flutter Entertainment's Forward PE Ratio falls into.
Flutter Entertainment 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.
Flutter Entertainment (FLUT) has a Forward PE Ratio of 19.07 as of Jul. 11, 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 Flutter Entertainment and its competitors. According to the industry distribution chart, Flutter Entertainment ranks #227 out of 348 companies in the Travel & Leisure industry, placing it in the top 65.2%.
Is Flutter Entertainment's Forward PE Ratio too high?
Flutter Entertainment's current Forward PE Ratio is 19.07. The Travel & Leisure industry median Forward PE Ratio is 15.01. Flutter Entertainment's value of 19.07 is 27.1% above this industry median. Based on the distribution chart, Flutter Entertainment ranks #227 out of 348 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Flutter Entertainment has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Flutter Entertainment's Forward PE Ratio compare to DKNG and SGHC?
According to the Travel & Leisure industry distribution chart, Flutter Entertainment ranks #227 out of 348 companies for Forward PE Ratio. This places Flutter Entertainment in the lower half of its industry. The industry median Forward PE Ratio is 15.01. Flutter Entertainment's value of 19.07 is 27.1% 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 15.01, 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. Flutter Entertainment's current Forward PE Ratio of 19.07 is 27.1% 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 Flutter Entertainment and its competitors. For the Travel & Leisure industry, the median Forward PE Ratio is 15.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flutter Entertainment's current Forward PE Ratio is 19.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flutter Entertainment stock overvalued right now?
Based on GuruFocus' analysis, Flutter Entertainment (FLUT) is currently considered Possible Value Trap. The stock's GF Value™ is $312.22, compared to a current price of $110.66 — trading 64.6% below its estimated fair value. The current Forward PE Ratio is 19.07 and 27.1% above the Travel & Leisure industry median of 15.01. Flutter Entertainment's overall GF Score™ is 69/100 with 3 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 Flutter Entertainment (FLUT), the current Forward PE Ratio is 19.07 as of Jul. 11, 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 Flutter Entertainment (FLUT) Overvalued in 2026?
Based on GuruFocus' analysis, Flutter Entertainment stock appears to be undervalued.
The current stock price of $110.66 is trading 64.6% below its estimated GF Value™ of $312.22.
GuruFocus considers Flutter Entertainment to be Possible Value Trap.
Key valuation signals for FLUT:
Forward PE Ratio: 19.07
GF Value™: $312.22 vs. price of $110.66 (64.6% below fair value)
Industry Position: 27.1% above the Travel & Leisure median (#227 of 348)
No single metric tells the full story. See the FLUT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
In 2016, Irish company Paddy Power merged with UK firm Betfair to form online gaming operator Flutter Entertainment. Today, Flutter has the top digital revenue share in the US, UK, Ireland, Australia, Italy, and many other countries. Some of its leading brands are FanDuel in the US, Sky Betting & Gaming and Paddy Power in the UK and Ireland, Sportsbet (acquired by Paddy Power beginning in 2009) in Australia, and Sisal in Italy. As of Dec. 31, 2025, the company offered products in over 100 countries and had an average of 15.9 million monthly users. In 2025, sports betting was 53% of revenue, online gaming 44%, and fantasy sports, horse racing, and other 3%. The company launched a predictive sports betting platform in late 2025.
69GF Score
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