Churchill Downs (FRA:CHR) 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 .
Churchill Downs Forward PE Ratio Related Terms
Churchill Downs Forward PE Ratio Historical Data
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The historical data trend for Churchill Downs'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.
Churchill Downs Forward PE Ratio Chart
Churchill Downs Annual Data
Trend
2024-12
2025-12
Forward PE Ratio
18.90
16.49
Churchill Downs Quarterly Data
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
18.90
16.49
15.77
13.58
16.49
13.28
FRA:CHR vs LNWO, SGHC, RSI: Forward PE Ratio Comparison
For the Gambling subindustry, Churchill Downs'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.
Churchill Downs Forward PE Ratio vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Churchill Downs's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Churchill Downs'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.
Churchill Downs (FRA:CHR) has a Forward PE Ratio of 12.27 as of Jul. 12, 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 Churchill Downs and its competitors. According to the industry distribution chart, Churchill Downs ranks #126 out of 348 companies in the Travel & Leisure industry, placing it in the top 36.2%.
Is Churchill Downs' Forward PE Ratio too high?
Churchill Downs' current Forward PE Ratio is 12.27. The Travel & Leisure industry median Forward PE Ratio is 15.23. Churchill Downs' value of 12.27 is 19.4% below this industry median. Based on the distribution chart, Churchill Downs ranks #126 out of 348 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Churchill Downs has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Churchill Downs' Forward PE Ratio compare to LNWO and SGHC?
According to the Travel & Leisure industry distribution chart, Churchill Downs ranks #126 out of 348 companies for Forward PE Ratio. This puts Churchill Downs in the upper half of its industry. The industry median Forward PE Ratio is 15.23. Churchill Downs' value of 12.27 is 19.4% 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 15.23, 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. Churchill Downs's current Forward PE Ratio of 12.27 is 19.4% 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 Churchill Downs and its competitors. For the Travel & Leisure industry, the median Forward PE Ratio is 15.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Churchill Downs's current Forward PE Ratio is 12.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Churchill Downs stock overvalued right now?
Churchill Downs (FRA:CHR) has a current Forward PE Ratio of 12.27. The stock's GF Value™ is €134.46, compared to a current price of €73.50 — trading 45.3% below its estimated fair value. The current Forward PE Ratio is 12.27 and 19.4% below the Travel & Leisure industry median of 15.23. Churchill Downs' overall GF Score™ is 82/100 with 4 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 Churchill Downs (FRA:CHR), the current Forward PE Ratio is 12.27 as of Jul. 12, 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 Churchill Downs (FRA:CHR) Overvalued in 2026?
Based on GuruFocus' analysis, Churchill Downs stock appears to be undervalued.
The current stock price of €73.50 is trading 45.3% below its estimated GF Value™ of €134.46.
Key valuation signals for FRA:CHR:
Forward PE Ratio: 12.27
GF Value™: €134.46 vs. price of €73.50 (45.3% below fair value)
Industry Position: 19.4% below the Travel & Leisure median (#126 of 348)
No single metric tells the full story. See the FRA:CHR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Churchill Downs Inc is a gaming entertainment, online wagering, and racing company. It operates through three business segments: Live and Historical Racing, Wagering Services, and Gaming. The Live and Historical Racing segment includes live and historical pari-mutuel racing. The Wagering Services segment includes the revenue and expenses from pari-mutuel wagers through TwinSpires, companies retail and online sports betting business and Gaming segment includes revenue and expenses for the casino properties and associated racetracks that support the casino license. The Gaming segment generates revenue and expenses from slot machines, video lottery terminals, video poker, HRMs, ancillary food and beverage services, hotel services, commission on pari-mutuel wagering, and racing events.
82GF 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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