Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Meridian Holdings (FRA:SE0) 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 .
Meridian Holdings Forward PE Ratio Related Terms
Meridian Holdings Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Meridian Holdings'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.
Meridian Holdings Forward PE Ratio Chart
Meridian Holdings Annual Data
Trend
Forward PE Ratio
Meridian Holdings Quarterly Data
2025-03
2025-06
2026-06
Forward PE Ratio
23.64
17.46
295.43
FRA:SE0 vs INSE, ROLR, GRSD: Forward PE Ratio Comparison
For the Gambling subindustry, Meridian Holdings'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.
Meridian Holdings Forward PE Ratio vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Meridian Holdings's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Meridian Holdings'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.
Meridian Holdings (FRA:SE0) has a Forward PE Ratio of 316.57 as of Aug. 15, 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 Meridian Holdings and its competitors. According to the industry distribution chart, Meridian Holdings ranks #348 out of 351 companies in the Travel & Leisure industry, placing it in the top 99.1%.
Is Meridian Holdings' Forward PE Ratio too high?
Meridian Holdings' current Forward PE Ratio is 316.57. The Travel & Leisure industry median Forward PE Ratio is 15.75. Meridian Holdings' value of 316.57 is 1910% above this industry median. Based on the distribution chart, Meridian Holdings ranks #348 out of 351 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Meridian Holdings has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Meridian Holdings' Forward PE Ratio compare to INSE and ROLR?
According to the Travel & Leisure industry distribution chart, Meridian Holdings ranks #348 out of 351 companies for Forward PE Ratio. This places Meridian Holdings in the lower half of its industry. The industry median Forward PE Ratio is 15.75. Meridian Holdings' value of 316.57 is 1910% 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 15.75, based on 351 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. Meridian Holdings's current Forward PE Ratio of 316.57 is 1910% 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 Meridian Holdings and its competitors. For the Travel & Leisure industry, the median Forward PE Ratio is 15.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meridian Holdings's current Forward PE Ratio is 316.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meridian Holdings stock overvalued right now?
Meridian Holdings (FRA:SE0) has a current Forward PE Ratio of 316.57. The stock's GF Value™ is €20.06, compared to a current price of €11.42 — trading 43.1% below its estimated fair value. The current Forward PE Ratio is 316.57 and 1910% above the Travel & Leisure industry median of 15.75. Meridian Holdings' overall GF Score™ is 74/100 with 8 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 Meridian Holdings (FRA:SE0), the current Forward PE Ratio is 316.57 as of Aug. 15, 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 Meridian Holdings (FRA:SE0) Overvalued in 2026?
Based on GuruFocus' analysis, Meridian Holdings stock appears to be undervalued.
The current stock price of €11.42 is trading 43.1% below its estimated GF Value™ of €20.06.
Key valuation signals for FRA:SE0:
Forward PE Ratio: 316.57
GF Value™: €20.06 vs. price of €11.42 (43.1% below fair value)
Industry Position: 1910% above the Travel & Leisure median (#348 of 351)
No single metric tells the full story. See the FRA:SE0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Meridian Holdings Inc is engaged in the online gaming and betting business, providing sports betting, online casino, and gaming operations across multiple jurisdictions in Europe, Africa, and Central and South America. The company has three reportable segments: MeridianBet Group, GMAG, and RKings & CFAC. The MeridianBet Group segment includes retail and online sports betting, casinos, and related gaming operations. The GMAG segment focuses on the resale of third-party gaming content, mainly serving customers in the Asia-Pacific region. The RKings & CFAC segment is involved in pay-to-enter prize competitions and trade promotions conducted in the United Kingdom and Australia. It generates the majority of its revenue from the MeridianBet Group segment.
74GF Score
Get the complete analysis for FRA:SE0
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:SE0 has been successfully added to your 
