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Miami International Holdings (NYSE:MIAX) 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 .
Miami International Holdings Forward PE Ratio Related Terms
Miami International Holdings 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.
Miami International Holdings Forward PE Ratio Chart
Miami International Holdings Annual Data
Trend
2025-12
Forward PE Ratio
35.14
Miami International Holdings Quarterly Data
2025-12
2026-03
Forward PE Ratio
35.14
25.33
MIAX vs PJT, LAZ, MKTX: Forward PE Ratio Comparison
For the Capital Markets subindustry, Miami International 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.
Miami International Holdings Forward PE Ratio vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Miami International Holdings's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Miami International Holdings's Forward PE Ratio falls into.
Miami International Holdings 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.
Miami International Holdings (MIAX) has a Forward PE Ratio of 26.23 as of Jul. 22, 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 Miami International Holdings and its competitors. According to the industry distribution chart, Miami International Holdings ranks #169 out of 221 companies in the Capital Markets industry, placing it in the top 76.5%.
Is Miami International Holdings' Forward PE Ratio too high?
Miami International Holdings' current Forward PE Ratio is 26.23. The Capital Markets industry median Forward PE Ratio is 15.98. Miami International Holdings' value of 26.23 is 64.1% above this industry median. Based on the distribution chart, Miami International Holdings ranks #169 out of 221 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Miami International Holdings has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Miami International Holdings' Forward PE Ratio compare to PJT and LAZ?
According to the Capital Markets industry distribution chart, Miami International Holdings ranks #169 out of 221 companies for Forward PE Ratio. This places Miami International Holdings in the lower half of its industry. The industry median Forward PE Ratio is 15.98. Miami International Holdings' value of 26.23 is 64.1% 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 Capital Markets company?
The median Forward PE Ratio among Capital Markets companies is 15.98, 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. Miami International Holdings's current Forward PE Ratio of 26.23 is 64.1% 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 Miami International Holdings and its competitors. For the Capital Markets industry, the median Forward PE Ratio is 15.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Miami International Holdings's current Forward PE Ratio is 26.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Miami International Holdings stock overvalued right now?
Miami International Holdings (MIAX) has a current Forward PE Ratio of 26.23. The current Forward PE Ratio is 26.23 and 64.1% above the Capital Markets industry median of 15.98. Miami International Holdings' overall GF Score™ is 39/100 with 2 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 Miami International Holdings (MIAX), the current Forward PE Ratio is 26.23 as of Jul. 22, 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.
Miami International Holdings Inc is engaged in operating regulated financial marketplaces across multiple asset classes using proprietary technology platforms. The company operates exchange markets for options, equities, futures, and international listings through its MIAX Exchanges, MIAX Futures Exchange, and the Bermuda Stock Exchange. The company operates through four reportable segments: Options, which provides trading and market data services for listed equity and ETP options; Equities, which provides trading services for U.S. equities and ETPs; Futures, which provides futures trading and clearing services through MIAX Futures; and International, which provides listing services for capital market instruments through the Bermuda Stock Exchange and The International Stock Exchange.
39GF Score
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