MattelMAT +0.73%68 Forward PE Ratio is 10.43 as of Jun. 24, 2026. GuruFocus rates MAT with a GF Score™ of 68/100 and a GF Value™ of $21.81 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 350 Travel & Leisure companies, Mattel ranks better than 75.43% on this metric.
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 .
Mattel Forward PE Ratio Related Terms
Mattel Forward PE Ratio Historical Data
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The historical data trend for Mattel'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.
Mattel Forward PE Ratio Chart
Mattel Annual Data
Trend
2015-12
2016-12
2017-12
2018-12
2019-12
2020-12
2021-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
18.38
14.81
34.13
35.46
38.91
30.58
15.63
9.41
13.25
11.29
11.60
Mattel Quarterly Data
2015-12
2016-03
2016-06
2016-09
2016-12
2017-03
2017-06
2017-09
2017-12
2018-03
2018-09
2018-12
2019-09
2019-12
2020-03
2020-09
2020-12
2021-03
2021-06
2021-09
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
2026-03
Forward PE Ratio
18.38
17.67
21.14
16.10
14.81
17.64
18.98
13.19
34.13
77.52
48.31
35.46
40.65
38.91
51.55
30.58
30.58
25.91
22.42
16.10
15.63
15.87
16.10
9.62
9.41
15.48
17.01
14.68
13.25
13.97
11.49
12.29
11.29
11.38
12.15
9.55
11.60
11.48
MAT vs PLNT, YETI, GOLF: Forward PE Ratio Comparison
For the Leisure subindustry, Mattel'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.
Mattel Forward PE Ratio vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Mattel's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Mattel'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.
Mattel (MAT) has a Forward PE Ratio of 10.43 as of Jun. 24, 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 Mattel and its competitors. According to the industry distribution chart, Mattel ranks #86 out of 350 companies in the Travel & Leisure industry, placing it in the top 24.6%.
Is Mattel's Forward PE Ratio too high?
Mattel's current Forward PE Ratio is 10.43. The Travel & Leisure industry median Forward PE Ratio is 15.02. Mattel's value of 10.43 is 30.5% below this industry median. Based on the distribution chart, Mattel ranks #86 out of 350 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Mattel has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mattel's Forward PE Ratio compare to PLNT and YETI?
According to the Travel & Leisure industry distribution chart, Mattel ranks #86 out of 350 companies for Forward PE Ratio. This places Mattel in the top 25% of its industry — outperforming the majority of peers. The industry median Forward PE Ratio is 15.02. Mattel's value of 10.43 is 30.5% 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 Travel & Leisure company?
The median Forward PE Ratio among Travel & Leisure companies is 15.02, based on 350 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. Mattel's current Forward PE Ratio of 10.43 is 30.5% 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 Mattel and its competitors. For the Travel & Leisure industry, the median Forward PE Ratio is 15.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mattel's current Forward PE Ratio is 10.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mattel stock overvalued right now?
Based on GuruFocus' analysis, Mattel (MAT) is currently considered Significantly Undervalued. The stock's GF Value™ is $21.81, compared to a current price of $13.87 — trading 36.4% below its estimated fair value. The current Forward PE Ratio is 10.43 and 30.5% below the Travel & Leisure industry median of 15.02. Mattel's overall GF Score™ is 68/100 with 1 warning sign 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 Mattel (MAT), the current Forward PE Ratio is 10.43 as of Jun. 24, 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 Mattel (MAT) Overvalued in 2026?
Based on GuruFocus' analysis, Mattel stock appears to be undervalued.
The current stock price of $13.87 is trading 36.4% below its estimated GF Value™ of $21.81.
GuruFocus considers Mattel to be Significantly Undervalued.
Key valuation signals for MAT:
Forward PE Ratio: 10.43
GF Value™: $21.81 vs. price of $13.87 (36.4% below fair value)
Industry Position: 30.5% below the Travel & Leisure median (#86 of 350)
No single metric tells the full story. See the MAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mattel manufactures and markets toy products that are sold to its wholesale partners and direct to retail customers. The company offers products for children and families, including toys for infants and preschoolers, girls and boys, youth electronics, hand-held and other games, puzzles, educational toys, media-driven products, and plush and fashion-related toys. Mattel's owned portfolio includes Barbie, Hot Wheels, Fisher-Price, Thomas & Friends, and American Girl. In addition, it currently manufactures toy products for its segments both internally and externally (through manufacturing partners). Nearly 60% of its net sales were generated from North America in 2025, with the remainder stemming from international markets.
68GF Score
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