Sharplink (MEX:SBET) Forward PE Ratio: 9.21 (As of Aug. 03, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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.

MEX:SBET Sharplink Inc MEX:SBET
25 GF Score
Price MXN106.00
GF Value MXN7.89
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Sharplink Forward PE Ratio?

Sharplink MEX:SBET -6.19% 25 Forward PE Ratio is 9.21 as of Aug. 03, 2026. GuruFocus rates MEX:SBET with a GF Score™ of 25/100 and a GF Value™ of MXN7.89 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 221 Capital Markets companies, Sharplink ranks better than 88.69% on this metric.

Sharplink's Forward PE Ratio for today is 9.21.

Sharplink's PE Ratio without NRI for today is 0.00.

Sharplink's PE Ratio (TTM) for today is 0.00.


Sharplink  (MEX:SBET) 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 .


Sharplink Forward PE Ratio Related Terms


Sharplink Forward PE Ratio Historical Data

* Premium members only.

The historical data trend for Sharplink'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.

Sharplink Forward PE Ratio Chart

Sharplink Annual Data
Trend 2025-12
Forward PE Ratio
5.32

Sharplink Quarterly Data
2025-09 2025-12 2026-03
Forward PE Ratio 133.71 5.32 9.21

MEX:SBET vs PURR, OPY, PWP: Forward PE Ratio Comparison

For the Capital Markets subindustry, Sharplink'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.


Sharplink Forward PE Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Sharplink's Forward PE Ratio distribution charts can be found below:

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


MEX:SBET
25GF Score
Sharplink Inc MEX:SBET
Forward PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sharplink 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 9.21 mean?
Sharplink (MEX:SBET) has a Forward PE Ratio of 9.21 as of Aug. 03, 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 Sharplink and its competitors. According to the industry distribution chart, Sharplink ranks #25 out of 221 companies in the Capital Markets industry, placing it in the top 11.3%.
Is Sharplink's Forward PE Ratio too high?
Sharplink's current Forward PE Ratio is 9.21. The Capital Markets industry median Forward PE Ratio is 16.18. Sharplink's value of 9.21 is 43.1% below this industry median. Based on the distribution chart, Sharplink ranks #25 out of 221 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Sharplink has a GF Score™ of 25/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sharplink's Forward PE Ratio compare to PURR and OPY?
According to the Capital Markets industry distribution chart, Sharplink ranks #25 out of 221 companies for Forward PE Ratio. This places Sharplink in the top 11% of its industry — outperforming the majority of peers. The industry median Forward PE Ratio is 16.18. Sharplink's value of 9.21 is 43.1% 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 16.18, 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. Sharplink's current Forward PE Ratio of 9.21 is 43.1% 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 Sharplink and its competitors. For the Capital Markets industry, the median Forward PE Ratio is 16.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sharplink's current Forward PE Ratio is 9.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sharplink stock overvalued right now?
Based on GuruFocus' analysis, Sharplink (MEX:SBET) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN7.89, compared to a current price of MXN106.00 — trading 1243.5% above its estimated fair value. The current Forward PE Ratio is 9.21 and 43.1% below the Capital Markets industry median of 16.18. Sharplink's overall GF Score™ is 25/100 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 Sharplink (MEX:SBET), the current Forward PE Ratio is 9.21 as of Aug. 03, 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 Sharplink (MEX:SBET) Overvalued in 2026?

Based on GuruFocus' analysis, Sharplink stock appears to be overvalued. The current stock price of MXN106.00 is trading 1243.5% above its estimated GF Value™ of MXN7.89. GuruFocus considers Sharplink to be Significantly Overvalued.

Key valuation signals for MEX:SBET:

  • Forward PE Ratio: 9.21
  • GF Value™: MXN7.89 vs. price of MXN106.00 (1243.5% above fair value)
  • GF Score™: 25/100 with 4 warning signs
  • Industry Position: 43.1% below the Capital Markets median (#25 of 221)

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


Sharplink Business Description

Other Exchanges SBET:USA7710:Germany
Address 200 South Biscayne Boulevard, Miami, FL, USA, 33131
SharpLink Inc is one of those publicly traded companies to adopt ETH as its primary treasury reserve asset. This move reflects the Company's commitment to align corporate treasury with the future of programmable finance, digital capital markets, and decentralized infrastructure. The Company also operates an online affiliate marketing company that delivers different fan activation solutions to its sportsbook and online casino gaming partners. The company operates in two reportable segments: ETH Treasury Management and Affiliate Marketing. The majority of its revenue is generated from the ETH Treasury Management. Geographically, the company operates in the United States and the rest of the world.
25GF Score

Get the complete analysis for MEX:SBET

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

MXN106.00
Price
MXN7.89
GF Value