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Emerald HoldingFRA:EM7 55 Forward PE Ratio is 38.76 as of Jul. 26, 2026. GuruFocus rates FRA:EM7 with a GF Score™ of 55/100 and a GF Value™ of €2.23 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 379 Media - Diversified companies, Emerald Holding ranks worse than 85.75% on this metric.
Emerald Holding (FRA:EM7) 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 .
Emerald Holding Forward PE Ratio Related Terms
Emerald Holding Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Emerald Holding'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.
Emerald Holding Forward PE Ratio Chart
Emerald Holding Annual Data
Trend
2017-12
2018-12
2019-12
2020-12
2024-12
2025-12
Forward PE Ratio
18.80
9.40
9.98
6.62
39.65
24.50
Emerald Holding Quarterly Data
2017-06
2017-09
2017-12
2018-03
2018-06
2018-09
2018-12
2019-03
2019-06
2019-09
2019-12
2020-03
2020-06
2020-09
2020-12
2021-03
2021-06
2021-09
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
19.38
18.59
18.80
16.45
16.21
12.58
9.40
11.42
10.38
9.78
9.98
3.16
3.65
3.06
6.62
8.38
5,000.00
6.17
39.65
24.17
44.73
27.74
24.50
26.39
FRA:EM7 vs CRTO, EVC, QNST: Forward PE Ratio Comparison
For the Advertising Agencies subindustry, Emerald Holding'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.
Emerald Holding Forward PE Ratio vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Emerald Holding's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Emerald Holding'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.
Emerald Holding (FRA:EM7) has a Forward PE Ratio of 38.76 as of Jul. 26, 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 Emerald Holding and its competitors. According to the industry distribution chart, Emerald Holding ranks #325 out of 379 companies in the Media - Diversified industry, placing it in the top 85.8%.
Is Emerald Holding's Forward PE Ratio too high?
Emerald Holding's current Forward PE Ratio is 38.76. The Media - Diversified industry median Forward PE Ratio is 13.86. Emerald Holding's value of 38.76 is 179.7% above this industry median. Based on the distribution chart, Emerald Holding ranks #325 out of 379 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Emerald Holding has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Emerald Holding's Forward PE Ratio compare to CRTO and EVC?
According to the Media - Diversified industry distribution chart, Emerald Holding ranks #325 out of 379 companies for Forward PE Ratio. This places Emerald Holding in the lower half of its industry. The industry median Forward PE Ratio is 13.86. Emerald Holding's value of 38.76 is 179.7% 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 Media - Diversified company?
The median Forward PE Ratio among Media - Diversified companies is 13.86, based on 379 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. Emerald Holding's current Forward PE Ratio of 38.76 is 179.7% 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 Emerald Holding and its competitors. For the Media - Diversified industry, the median Forward PE Ratio is 13.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emerald Holding's current Forward PE Ratio is 38.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emerald Holding stock overvalued right now?
Based on GuruFocus' analysis, Emerald Holding (FRA:EM7) is currently considered Significantly Overvalued. The stock's GF Value™ is €2.23, compared to a current price of €4.38 — trading 96.4% above its estimated fair value. The current Forward PE Ratio is 38.76 and 179.7% above the Media - Diversified industry median of 13.86. Emerald Holding's overall GF Score™ is 55/100 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 Emerald Holding (FRA:EM7), the current Forward PE Ratio is 38.76 as of Jul. 26, 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 Emerald Holding (FRA:EM7) Overvalued in 2026?
Based on GuruFocus' analysis, Emerald Holding stock appears to be overvalued.
The current stock price of €4.38 is trading 96.4% above its estimated GF Value™ of €2.23.
GuruFocus considers Emerald Holding to be Significantly Overvalued.
Key valuation signals for FRA:EM7:
Forward PE Ratio: 38.76
GF Value™: €2.23 vs. price of €4.38 (96.4% above fair value)
Industry Position: 179.7% above the Media - Diversified median (#325 of 379)
No single metric tells the full story. See the FRA:EM7 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Emerald Holding Inc is a business-to-business (B2B) event organizer principally in the United States, with operations in the United Kingdom (U.K.), France, and other markets. The company is engaged in three complementary business lines: Connections division consists of a collection of B2B trade show franchises and other live events that provide exhibitors opportunities to engage with buyers and expand their brand's awareness in their industry; the Content division consists of B2B print publications and digital media products that complement existing trade show properties, and the Commerce division provides B2B e-commerce and digital merchandising solutions to manufacturers and retailers. Emerald's key revenue is derived from the Connections business, its only reportable segment.
55GF 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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