DraftKings (LTS:0ABA) Forward PE Ratio: 108.64 (As of Aug. 01, 2026)

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Director of Data and Quant Analytics at GuruFocus
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.
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Charlie Tian
Founder & CEO of GuruFocus
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.

LTS:0ABA DraftKings Inc LTS:0ABA
63 GF Score
Price $24.01
GF Value $55.27
Valuation Possible Value Trap
! 3 Warning Signs
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What is DraftKings Forward PE Ratio?

DraftKings LTS:0ABA 63 Forward PE Ratio is 108.64 as of Aug. 01, 2026. GuruFocus rates LTS:0ABA with a GF Score™ of 63/100 and a GF Value™ of $55.27 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 350 Travel & Leisure companies, DraftKings ranks worse than 96.29% on this metric.

DraftKings's Forward PE Ratio for today is 108.64.

DraftKings's PE Ratio without NRI for today is 34.53.

DraftKings's PE Ratio (TTM) for today is 391.33.


DraftKings  (LTS:0ABA) 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 .


DraftKings Forward PE Ratio Related Terms


DraftKings Forward PE Ratio Historical Data

* Premium members only.

The historical data trend for DraftKings'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.

DraftKings Forward PE Ratio Chart

DraftKings Annual Data
Trend 2024-12 2025-12
Forward PE Ratio
76.26 49.56

DraftKings Quarterly Data
2024-06 2024-09 2024-12 2025-03 2025-06 2025-09 2025-12 2026-03
Forward PE Ratio 83.33 32.89 76.26 68.14 108.33 35.37 49.56 60.20

LTS:0ABA vs SGHC, CHDN, LNWO: Forward PE Ratio Comparison

For the Gambling subindustry, DraftKings'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.


DraftKings Forward PE Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, DraftKings's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where DraftKings's Forward PE Ratio falls into.


LTS:0ABA
63GF Score
DraftKings Inc LTS:0ABA
Forward PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DraftKings 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.

Frequently Asked Questions Learn more about Forward PE Ratio →
What does a Forward PE Ratio of 108.64 mean?
DraftKings (LTS:0ABA) has a Forward PE Ratio of 108.64 as of Aug. 01, 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 DraftKings and its competitors. According to the industry distribution chart, DraftKings ranks #337 out of 350 companies in the Travel & Leisure industry, placing it in the top 96.3%.
Is DraftKings' Forward PE Ratio too high?
DraftKings' current Forward PE Ratio is 108.64. The Travel & Leisure industry median Forward PE Ratio is 15.41. DraftKings' value of 108.64 is 605.2% above this industry median. Based on the distribution chart, DraftKings ranks #337 out of 350 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, DraftKings has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does DraftKings' Forward PE Ratio compare to SGHC and CHDN?
According to the Travel & Leisure industry distribution chart, DraftKings ranks #337 out of 350 companies for Forward PE Ratio. This places DraftKings in the lower half of its industry. The industry median Forward PE Ratio is 15.41. DraftKings' value of 108.64 is 605.2% 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 15.41, based on 350 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. DraftKings's current Forward PE Ratio of 108.64 is 605.2% 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 DraftKings and its competitors. For the Travel & Leisure industry, the median Forward PE Ratio is 15.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DraftKings's current Forward PE Ratio is 108.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DraftKings stock overvalued right now?
Based on GuruFocus' analysis, DraftKings (LTS:0ABA) is currently considered Possible Value Trap. The stock's GF Value™ is $55.27, compared to a current price of $24.01 — trading 56.6% below its estimated fair value. The current Forward PE Ratio is 108.64 and 605.2% above the Travel & Leisure industry median of 15.41. DraftKings' overall GF Score™ is 63/100 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 DraftKings (LTS:0ABA), the current Forward PE Ratio is 108.64 as of Aug. 01, 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 DraftKings (LTS:0ABA) Overvalued in 2026?

Based on GuruFocus' analysis, DraftKings stock appears to be undervalued. The current stock price of $24.01 is trading 56.6% below its estimated GF Value™ of $55.27. GuruFocus considers DraftKings to be Possible Value Trap.

Key valuation signals for LTS:0ABA:

  • Forward PE Ratio: 108.64
  • GF Value™: $55.27 vs. price of $24.01 (56.6% below fair value)
  • GF Score™: 63/100 with 3 warning signs
  • Industry Position: 605.2% above the Travel & Leisure median (#337 of 350)

No single metric tells the full story. See the LTS:0ABA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DraftKings Business Description

Address 222 Berkeley Street, 5th Floor, Boston, MA, USA, 02116
DraftKings got its start in 2012 as an innovator in daily fantasy sports. Then, following a Supreme Court ruling in 2018 that allowed states to legalize online sports wagering, the company expanded into online sports and casino gambling, where it generally holds the number-two or -three revenue share position across states where it competes. With its predictive market launch in 2025, DraftKings is now live with online or retail sports betting in most all states and i-gaming in five states, with both products available to around 40% of Canada's population. In 2025, sports revenue was 63% of total sales, i-gaming 30%, and fantasy and lottery 7%.
63GF Score

Get the complete analysis for LTS:0ABA

Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$24.01
Price
$55.27
GF Value