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Modern Times Group MTG AB (FRA:MRTA) 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 .
Modern Times Group MTG AB Forward PE Ratio Related Terms
Modern Times Group MTG AB Forward PE Ratio Historical Data
* 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.
Modern Times Group MTG AB Forward PE Ratio Chart
Modern Times Group MTG AB Annual Data
Trend
2024-12
2025-12
Forward PE Ratio
7.71
6.90
Modern Times Group MTG AB Quarterly Data
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
7.71
8.10
8.02
6.77
6.90
5.74
FRA:MRTA vs NTES, EA, TTWO: Forward PE Ratio Comparison
For the Electronic Gaming & Multimedia subindustry, Modern Times Group MTG 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.
Modern Times Group MTG AB Forward PE Ratio vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Modern Times Group MTG AB's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Modern Times Group MTG AB's Forward PE Ratio falls into.
Modern Times Group MTG AB 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.
Modern Times Group MTG AB (FRA:MRTA) has a Forward PE Ratio of 9.02 as of Jul. 17, 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 Modern Times Group MTG AB and its competitors. According to the industry distribution chart, Modern Times Group MTG AB ranks #61 out of 243 companies in the Interactive Media industry, placing it in the top 25.1%.
Is Modern Times Group MTG AB's Forward PE Ratio too high?
Modern Times Group MTG AB's current Forward PE Ratio is 9.02. The Interactive Media industry median Forward PE Ratio is 13.73. Modern Times Group MTG AB's value of 9.02 is 34.3% below this industry median. Based on the distribution chart, Modern Times Group MTG AB ranks #61 out of 243 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Modern Times Group MTG AB has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Modern Times Group MTG AB's Forward PE Ratio compare to NTES and EA?
According to the Interactive Media industry distribution chart, Modern Times Group MTG AB ranks #61 out of 243 companies for Forward PE Ratio. This puts Modern Times Group MTG AB in the upper half of its industry. The industry median Forward PE Ratio is 13.73. Modern Times Group MTG AB's value of 9.02 is 34.3% 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 an Interactive Media company?
The median Forward PE Ratio among Interactive Media companies is 13.73, based on 243 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. Modern Times Group MTG AB's current Forward PE Ratio of 9.02 is 34.3% 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 Modern Times Group MTG AB and its competitors. For the Interactive Media industry, the median Forward PE Ratio is 13.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modern Times Group MTG AB's current Forward PE Ratio is 9.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modern Times Group MTG AB stock overvalued right now?
Modern Times Group MTG AB (FRA:MRTA) has a current Forward PE Ratio of 9.02. The stock's GF Value™ is €15.73, compared to a current price of €10.98 — trading 30.2% below its estimated fair value. The current Forward PE Ratio is 9.02 and 34.3% below the Interactive Media industry median of 13.73. Modern Times Group MTG AB's overall GF Score™ is 73/100 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 Modern Times Group MTG AB (FRA:MRTA), the current Forward PE Ratio is 9.02 as of Jul. 17, 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 Modern Times Group MTG AB (FRA:MRTA) Overvalued in 2026?
Based on GuruFocus' analysis, Modern Times Group MTG AB stock appears to be undervalued.
The current stock price of €10.98 is trading 30.2% below its estimated GF Value™ of €15.73.
Key valuation signals for FRA:MRTA:
Forward PE Ratio: 9.02
GF Value™: €15.73 vs. price of €10.98 (30.2% below fair value)
Industry Position: 34.3% below the Interactive Media median (#61 of 243)
No single metric tells the full story. See the FRA:MRTA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Modern Times Group MTG AB owns and operates gaming companies and studios with popular IPs across a wide range of casual and mid-core genres. The company's portfolio covers a wide range of evergreen gaming franchises like RAID: Shadow Legends, Forge of Empires, Top Drives, and Bloons, as well as word games like CrossWord Jam and WordTrip. Its games generate revenues through in-app purchases, advertising, and from third-party distribution platforms. It operates in a single business segment.
73GF Score
Get the complete analysis for FRA:MRTA
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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