Electronic Arts (HAM:ERT) 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 .
Electronic Arts Forward PE Ratio Related Terms
Electronic Arts Forward PE Ratio Historical Data
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The historical data trend for Electronic Arts'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.
Electronic Arts Forward PE Ratio Chart
Electronic Arts Annual Data
Trend
2016-03
2017-03
2018-03
2019-03
2020-03
2021-03
2022-03
2023-03
2024-03
2025-03
2026-03
Forward PE Ratio
19.05
21.51
25.25
25.45
20.04
21.51
16.75
18.25
17.39
18.74
22.25
Electronic Arts Quarterly Data
2015-12
2016-03
2016-06
2016-09
2016-12
2017-03
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
2021-12
2022-03
2022-06
2022-09
2022-12
2023-03
2023-06
2023-09
2023-12
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
24.39
19.05
21.10
23.70
18.87
21.51
25.64
27.78
22.12
25.25
28.57
27.17
16.05
25.45
22.37
22.99
22.12
20.04
26.04
27.62
23.31
21.51
22.42
20.58
17.15
16.75
17.92
16.86
15.22
18.25
19.23
17.70
17.73
17.39
18.76
18.87
17.72
18.74
18.58
23.14
21.62
22.25
HAM:ERT vs TTWO, RBLX, NTES: Forward PE Ratio Comparison
For the Electronic Gaming & Multimedia subindustry, Electronic Arts'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.
Electronic Arts Forward PE Ratio vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Electronic Arts's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Electronic Arts'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.
Electronic Arts (HAM:ERT) has a Forward PE Ratio of 23.29 as of Jul. 09, 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 Electronic Arts and its competitors. According to the industry distribution chart, Electronic Arts ranks #184 out of 243 companies in the Interactive Media industry, placing it in the top 75.7%.
Is Electronic Arts' Forward PE Ratio too high?
Electronic Arts' current Forward PE Ratio is 23.29. The Interactive Media industry median Forward PE Ratio is 13.92. Electronic Arts' value of 23.29 is 67.3% above this industry median. Based on the distribution chart, Electronic Arts ranks #184 out of 243 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Electronic Arts has a GF Score™ of 90/100, reflecting its overall financial health beyond just this single metric.
How does Electronic Arts' Forward PE Ratio compare to TTWO and RBLX?
According to the Interactive Media industry distribution chart, Electronic Arts ranks #184 out of 243 companies for Forward PE Ratio. This places Electronic Arts in the lower half of its industry. The industry median Forward PE Ratio is 13.92. Electronic Arts' value of 23.29 is 67.3% 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 an Interactive Media company?
The median Forward PE Ratio among Interactive Media companies is 13.92, 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. Electronic Arts's current Forward PE Ratio of 23.29 is 67.3% 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 Electronic Arts and its competitors. For the Interactive Media industry, the median Forward PE Ratio is 13.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Electronic Arts's current Forward PE Ratio is 23.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Electronic Arts stock overvalued right now?
Electronic Arts (HAM:ERT) has a current Forward PE Ratio of 23.29. The stock's GF Value™ is €140.92, compared to a current price of €180.00 — trading 27.7% above its estimated fair value. The current Forward PE Ratio is 23.29 and 67.3% above the Interactive Media industry median of 13.92. Electronic Arts' overall GF Score™ is 90/100 with 4 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 Electronic Arts (HAM:ERT), the current Forward PE Ratio is 23.29 as of Jul. 09, 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 Electronic Arts (HAM:ERT) Overvalued in 2026?
Based on GuruFocus' analysis, Electronic Arts stock appears to be overvalued.
The current stock price of €180.00 is trading 27.7% above its estimated GF Value™ of €140.92.
Key valuation signals for HAM:ERT:
Forward PE Ratio: 23.29
GF Value™: €140.92 vs. price of €180.00 (27.7% above fair value)
Industry Position: 67.3% above the Interactive Media median (#184 of 243)
No single metric tells the full story. See the HAM:ERT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Electronic Arts is one of the largest global developers and publishers of video games. Its most important franchises are the Madden NFL and FC soccer games, which it releases annually. In 2024, it also relaunched its American college football game. Other major franchises include Apex Legends, Battlefield, and The Sims. Typically, about three-quarters of the firm's sales are from in-game spending, with the remainder coming from initial game sales.
90GF 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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