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Viking HoldingsVIK -1.05%19 Forward PE Ratio is 29.10 as of Jul. 18, 2026. GuruFocus rates VIK with a GF Score™ of 19/100. The stock has 8 warning signs investors should review. Among 348 Travel & Leisure companies, Viking Holdings ranks worse than 81.9% on this metric.
Viking Holdings (NYSE:VIK) 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 .
Viking Holdings Forward PE Ratio Related Terms
Viking Holdings Forward PE Ratio Historical Data
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The historical data trend for Viking Holdings'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.
Viking Holdings Forward PE Ratio Chart
Viking Holdings Annual Data
Trend
2024-12
2025-12
Forward PE Ratio
17.39
22.40
Viking Holdings Quarterly Data
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
25.13
16.56
17.39
15.84
20.83
18.42
22.40
20.51
VIK vs CCL, EXPE, TCOM: Forward PE Ratio Comparison
For the Travel Services subindustry, Viking 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.
Viking Holdings Forward PE Ratio vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Viking Holdings's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Viking Holdings'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.
Viking Holdings (VIK) has a Forward PE Ratio of 29.10 as of Jul. 18, 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 Viking Holdings and its competitors. According to the industry distribution chart, Viking Holdings ranks #285 out of 348 companies in the Travel & Leisure industry, placing it in the top 81.9%.
Is Viking Holdings' Forward PE Ratio too high?
Viking Holdings' current Forward PE Ratio is 29.10. The Travel & Leisure industry median Forward PE Ratio is 15.04. Viking Holdings' value of 29.10 is 93.5% above this industry median. Based on the distribution chart, Viking Holdings ranks #285 out of 348 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Viking Holdings has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Viking Holdings' Forward PE Ratio compare to CCL and EXPE?
According to the Travel & Leisure industry distribution chart, Viking Holdings ranks #285 out of 348 companies for Forward PE Ratio. This places Viking Holdings in the lower half of its industry. The industry median Forward PE Ratio is 15.04. Viking Holdings' value of 29.10 is 93.5% 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 15.04, 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. Viking Holdings's current Forward PE Ratio of 29.10 is 93.5% 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 Viking Holdings and its competitors. For the Travel & Leisure industry, the median Forward PE Ratio is 15.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Viking Holdings's current Forward PE Ratio is 29.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viking Holdings stock overvalued right now?
Viking Holdings (VIK) has a current Forward PE Ratio of 29.10. The current Forward PE Ratio is 29.10 and 93.5% above the Travel & Leisure industry median of 15.04. Viking Holdings' overall GF Score™ is 19/100 with 8 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 Viking Holdings (VIK), the current Forward PE Ratio is 29.10 as of Jul. 18, 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.
Viking Holdings Ltd is a travel company, with a fleet of 92 small ships, which view as floating hotels. It offers travel experiences on all seven continents in all three categories of the cruise industry river, ocean, and expedition cruising. The Group defines its products based on the type of cruise offering and language of the cruise service. The River segment provides river cruises outside the United States to English-speaking passengers. The Ocean segment offers ocean cruises to English-speaking passengers. Other include operating segments that are not individually reportable, consisting of expedition cruises for English-speaking passengers (Expedition), Mississippi River cruises for English-speaking passengers, and Viking China, which includes cruises for Mandarin.
19GF Score
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