Stingray Group (OTCPK:STGYF) 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 .
Stingray Group Forward PE Ratio Related Terms
Stingray Group Forward PE Ratio Historical Data
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The historical data trend for Stingray Group'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.
Stingray Group Forward PE Ratio Chart
Stingray Group Annual Data
Trend
2021-03
2022-03
2023-03
2024-03
2025-03
Forward PE Ratio
7.55
7.69
6.31
7.20
7.58
Stingray Group Quarterly Data
2021-03
2021-06
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
Forward PE Ratio
7.55
7.66
8.47
7.69
6.73
6.84
4.71
6.31
5.63
6.27
5.54
7.20
7.02
6.98
6.13
7.58
7.83
7.34
8.12
STGYF vs NXST: Forward PE Ratio Comparison
For the Broadcasting subindustry, Stingray 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.
Stingray Group Forward PE Ratio vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Stingray Group's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Stingray Group'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.
Stingray Group (STGYF) has a Forward PE Ratio of 8.93 as of Jul. 13, 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 Stingray Group and its competitors. According to the industry distribution chart, Stingray Group ranks #67 out of 380 companies in the Media - Diversified industry, placing it in the top 17.6%.
Is Stingray Group's Forward PE Ratio too high?
Stingray Group's current Forward PE Ratio is 8.93. The Media - Diversified industry median Forward PE Ratio is 14.22. Stingray Group's value of 8.93 is 37.2% below this industry median. Based on the distribution chart, Stingray Group ranks #67 out of 380 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Stingray Group has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Stingray Group's Forward PE Ratio compare to NXST?
According to the Media - Diversified industry distribution chart, Stingray Group ranks #67 out of 380 companies for Forward PE Ratio. This places Stingray Group in the top 18% of its industry — outperforming the majority of peers. The industry median Forward PE Ratio is 14.22. Stingray Group's value of 8.93 is 37.2% 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 Media - Diversified company?
The median Forward PE Ratio among Media - Diversified companies is 14.22, based on 380 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. Stingray Group's current Forward PE Ratio of 8.93 is 37.2% 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 Stingray Group and its competitors. For the Media - Diversified industry, the median Forward PE Ratio is 14.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Stingray Group's current Forward PE Ratio is 8.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stingray Group stock overvalued right now?
Stingray Group (STGYF) has a current Forward PE Ratio of 8.93. The stock's GF Value™ is $9.38, compared to a current price of $12.39 — trading 32.1% above its estimated fair value. The current Forward PE Ratio is 8.93 and 37.2% below the Media - Diversified industry median of 14.22. Stingray Group's overall GF Score™ is 73/100 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 Stingray Group (STGYF), the current Forward PE Ratio is 8.93 as of Jul. 13, 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 Stingray Group (STGYF) Overvalued in 2026?
Based on GuruFocus' analysis, Stingray Group stock appears to be overvalued.
The current stock price of $12.39 is trading 32.1% above its estimated GF Value™ of $9.38.
Key valuation signals for STGYF:
Forward PE Ratio: 8.93
GF Value™: $9.38 vs. price of $12.39 (32.1% above fair value)
Industry Position: 37.2% below the Media - Diversified median (#67 of 380)
No single metric tells the full story. See the STGYF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Stingray Group Inc is a provider of multi-platform music services. It broadcasts music and video content on several platforms, including radio stations, premium television channels, digital TV, satellite TV, IPTV, the Internet, mobile devices, and game consoles. The company's reportable segments are: Broadcasting and commercial music, Radio, and Corporate and eliminations. The maximum revenue is generated from its Broadcasting and commercial music segment, which specializes in the broadcast of music and videos on multiple platforms and digital signage experiences and generates revenues from subscriptions or contracts. Geographically, the company derives its key revenue from Canada and the rest from the United States and other countries.
73GF Score
Get the complete analysis for STGYF
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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