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Global Business Travel Group (NYSE:GBTG) 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 .
Global Business Travel Group Forward PE Ratio Related Terms
Global Business Travel Group 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.
Global Business Travel Group Forward PE Ratio Chart
Global Business Travel Group Annual Data
Trend
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
454.55
14.10
78.74
26.96
Global Business Travel Group Quarterly Data
2022-12
2023-03
2023-09
2023-12
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
2026-06
Forward PE Ratio
454.55
238.10
12.03
14.10
78.74
16.80
18.32
20.93
26.96
34.39
42.86
GBTG vs TNL, MMYT, NCLH: Forward PE Ratio Comparison
For the Travel Services subindustry, Global Business Travel Group'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.
Global Business Travel Group Forward PE Ratio vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Global Business Travel Group's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Global Business Travel Group's Forward PE Ratio falls into.
Global Business Travel Group 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.
Global Business Travel Group (GBTG) has a Forward PE Ratio of 19.75 as of Sep. 06, 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 Global Business Travel Group and its competitors. According to the industry distribution chart, Global Business Travel Group ranks #250 out of 355 companies in the Travel & Leisure industry, placing it in the top 70.4%.
Is Global Business Travel Group's Forward PE Ratio too high?
Global Business Travel Group's current Forward PE Ratio is 19.75. The Travel & Leisure industry median Forward PE Ratio is 13.95. Global Business Travel Group's value of 19.75 is 41.6% above this industry median. Based on the distribution chart, Global Business Travel Group ranks #250 out of 355 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Global Business Travel Group has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Global Business Travel Group's Forward PE Ratio compare to TNL and MMYT?
According to the Travel & Leisure industry distribution chart, Global Business Travel Group ranks #250 out of 355 companies for Forward PE Ratio. This places Global Business Travel Group in the lower half of its industry. The industry median Forward PE Ratio is 13.95. Global Business Travel Group's value of 19.75 is 41.6% 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 13.95, based on 355 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. Global Business Travel Group's current Forward PE Ratio of 19.75 is 41.6% 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 Global Business Travel Group and its competitors. For the Travel & Leisure industry, the median Forward PE Ratio is 13.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Global Business Travel Group's current Forward PE Ratio is 19.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Business Travel Group stock overvalued right now?
Based on GuruFocus' analysis, Global Business Travel Group (GBTG) is currently considered Modestly Overvalued. The stock's GF Value™ is $7.93, compared to a current price of $9.48 — trading 19.5% above its estimated fair value. The current Forward PE Ratio is 19.75 and 41.6% above the Travel & Leisure industry median of 13.95. Global Business Travel Group's overall GF Score™ is 70/100 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 Global Business Travel Group (GBTG), the current Forward PE Ratio is 19.75 as of Sep. 06, 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 Global Business Travel Group (GBTG) Overvalued in 2026?
Based on GuruFocus' analysis, Global Business Travel Group stock appears to be overvalued.
The current stock price of $9.48 is trading 19.5% above its estimated GF Value™ of $7.93.
GuruFocus considers Global Business Travel Group to be Modestly Overvalued.
Key valuation signals for GBTG:
Forward PE Ratio: 19.75
GF Value™: $7.93 vs. price of $9.48 (19.5% above fair value)
Industry Position: 41.6% above the Travel & Leisure median (#250 of 355)
No single metric tells the full story. See the GBTG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Global Business Travel Group Inc operates as a business-to-business travel platform. It is engaged in providing software and services to manage travel, expenses, and meetings and events for companies of all sizes. The company is engaged in building the marketplace in B2B travel to deliver unrivaled choice, value, and experiences. It also provides business travel solutions, simplified travel management, and business consulting services. Further, The company generates revenue in two ways that involves fees and other revenues relating to processing and servicing travel transactions received from clients and travel suppliers and revenues for the provision of products and professional services not directly related to transactions received from clients, travel suppliers and Network Partners.
70GF Score
Get the complete analysis for GBTG
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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