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DeFi Technologies (FRA:R9B) 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 .
DeFi Technologies Forward PE Ratio Related Terms
DeFi Technologies Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for DeFi Technologies'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.
DeFi Technologies Forward PE Ratio Chart
DeFi Technologies Annual Data
Trend
2024-12
2025-12
Forward PE Ratio
10.69
5.37
DeFi Technologies Quarterly Data
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
10.64
4.28
10.69
10.16
6.83
9.80
5.37
5.78
FRA:R9B vs MS, GS, SCHW: Forward PE Ratio Comparison
For the Capital Markets subindustry, DeFi Technologies'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.
DeFi Technologies Forward PE Ratio vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, DeFi Technologies's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where DeFi Technologies'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.
DeFi Technologies (FRA:R9B) has a Forward PE Ratio of 9.83 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 DeFi Technologies and its competitors. According to the industry distribution chart, DeFi Technologies ranks #50 out of 221 companies in the Capital Markets industry, placing it in the top 22.6%.
Is DeFi Technologies' Forward PE Ratio too high?
DeFi Technologies' current Forward PE Ratio is 9.83. The Capital Markets industry median Forward PE Ratio is 15.87. DeFi Technologies' value of 9.83 is 38.1% below this industry median. Based on the distribution chart, DeFi Technologies ranks #50 out of 221 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, DeFi Technologies has a GF Score™ of 51/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does DeFi Technologies' Forward PE Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, DeFi Technologies ranks #50 out of 221 companies for Forward PE Ratio. This places DeFi Technologies in the top 23% of its industry — outperforming the majority of peers. The industry median Forward PE Ratio is 15.87. DeFi Technologies' value of 9.83 is 38.1% 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 Capital Markets company?
The median Forward PE Ratio among Capital Markets companies is 15.87, based on 221 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. DeFi Technologies's current Forward PE Ratio of 9.83 is 38.1% 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 DeFi Technologies and its competitors. For the Capital Markets industry, the median Forward PE Ratio is 15.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DeFi Technologies's current Forward PE Ratio is 9.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DeFi Technologies stock overvalued right now?
Based on GuruFocus' analysis, DeFi Technologies (FRA:R9B) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.40, compared to a current price of €0.34 — trading 14% below its estimated fair value. The current Forward PE Ratio is 9.83 and 38.1% below the Capital Markets industry median of 15.87. DeFi Technologies' overall GF Score™ is 51/100 with 9 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 DeFi Technologies (FRA:R9B), the current Forward PE Ratio is 9.83 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 DeFi Technologies (FRA:R9B) Overvalued in 2026?
Based on GuruFocus' analysis, DeFi Technologies stock appears to be undervalued.
The current stock price of €0.34 is trading 14% below its estimated GF Value™ of €0.40.
GuruFocus considers DeFi Technologies to be Modestly Undervalued.
Key valuation signals for FRA:R9B:
Forward PE Ratio: 9.83
GF Value™: €0.40 vs. price of €0.34 (14% below fair value)
Industry Position: 38.1% below the Capital Markets median (#50 of 221)
No single metric tells the full story. See the FRA:R9B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
DeFi Technologies Inc is a Canadian technology company bridging the gap between traditional capital markets and decentralized finance. The Company generates revenues through the issuance of exchange-traded products that synthetically track the value of a single DeFi protocol, investments in various companies and protocols across the decentralized finance ecosystem to build a diversified portfolio of decentralized finance assets, providing premium membership for research reports to investors and offering node management of decentralized protocols to support governance, security and transaction validation.
51GF Score
Get the complete analysis for FRA:R9B
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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