BetMakers Technology Group (OTCPK:TPBTF) 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 .
BetMakers Technology Group Forward PE Ratio Related Terms
BetMakers Technology Group 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.
BetMakers Technology Group Forward PE Ratio Chart
BetMakers Technology Group Annual Data
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Forward PE Ratio
BetMakers Technology Group Semi-Annual Data
Forward PE Ratio
TPBTF vs FLUT, DKNG, SGHC: Forward PE Ratio Comparison
For the Gambling subindustry, BetMakers Technology 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.
BetMakers Technology Group Forward PE Ratio vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, BetMakers Technology Group's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where BetMakers Technology Group's Forward PE Ratio falls into.
BetMakers Technology Group 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.
BetMakers Technology Group (TPBTF) has a Forward PE Ratio of 42.18 as of Jul. 11, 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 BetMakers Technology Group and its competitors. According to the industry distribution chart, BetMakers Technology Group ranks #302 out of 348 companies in the Travel & Leisure industry, placing it in the top 86.8%.
Is BetMakers Technology Group's Forward PE Ratio too high?
BetMakers Technology Group's current Forward PE Ratio is 42.18. The Travel & Leisure industry median Forward PE Ratio is 15.01. BetMakers Technology Group's value of 42.18 is 181.1% above this industry median. Based on the distribution chart, BetMakers Technology Group ranks #302 out of 348 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, BetMakers Technology Group has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BetMakers Technology Group's Forward PE Ratio compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, BetMakers Technology Group ranks #302 out of 348 companies for Forward PE Ratio. This places BetMakers Technology Group in the lower half of its industry. The industry median Forward PE Ratio is 15.01. BetMakers Technology Group's value of 42.18 is 181.1% 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 Travel & Leisure company?
The median Forward PE Ratio among Travel & Leisure companies is 15.01, based on 348 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. BetMakers Technology Group's current Forward PE Ratio of 42.18 is 181.1% 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 BetMakers Technology Group and its competitors. For the Travel & Leisure industry, the median Forward PE Ratio is 15.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BetMakers Technology Group's current Forward PE Ratio is 42.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BetMakers Technology Group stock overvalued right now?
Based on GuruFocus' analysis, BetMakers Technology Group (TPBTF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.04, compared to a current price of $0.13 — trading 216.4% above its estimated fair value. The current Forward PE Ratio is 42.18 and 181.1% above the Travel & Leisure industry median of 15.01. BetMakers Technology Group's overall GF Score™ is 50/100 with 5 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 BetMakers Technology Group (TPBTF), the current Forward PE Ratio is 42.18 as of Jul. 11, 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 BetMakers Technology Group (TPBTF) Overvalued in 2026?
Based on GuruFocus' analysis, BetMakers Technology Group stock appears to be overvalued.
The current stock price of $0.13 is trading 216.4% above its estimated GF Value™ of $0.04.
GuruFocus considers BetMakers Technology Group to be Significantly Overvalued.
Key valuation signals for TPBTF:
Forward PE Ratio: 42.18
GF Value™: $0.04 vs. price of $0.13 (216.4% above fair value)
Industry Position: 181.1% above the Travel & Leisure median (#302 of 348)
No single metric tells the full story. See the TPBTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BetMakers Technology Group Ltd engages in the development and provision of software, data, and analytic products for the B2B wagering market and the production and distribution of racing content. The firm operates in two segments: Global betting services and Global Tote. The Global betting services segment provides customers with a variety of racing software, data, and analytical tools. This includes basic race data such as pricing, runners, and form, as well as analytical tools to consume and leverage the data, and wagering tools such as platforms and managed trading services. The Global Tote segment, which derives maximum revenue, includes the provision of tote software and integrations to facilitate tote liquidity and resulting.
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