As of Jul 25, 2024, the Caesars Entertainment stock's P/E ratio is 9.39. This takes into account the latest EPS of $3.54 and stock price of $33.25. The PE ratio has decreased by 32% from its last 4 quarters average of 13.8.
The PE ratio of Caesars Entertainment has averaged 22.67 over the last ten years. The current price-to-earnings ratio of 9.39 is 59% less than the historical average. Analyzing the last ten years, CZR's PE ratio reached its highest point in the Dec 2019 quarter at 57.35, when the price was $59.64 and the EPS was $1.04. The lowest point was recorded in the Mar 2016 quarter, when it reached 4.32 with a price of $11.44 and an EPS of $2.65.
Maximum annual increase: 626.06% in 2016
Maximum annual decrease: -6.72% in 2017
Year | PE ratio | Change |
---|---|---|
2023 | 12.84 | N/A |
2022 | N/A | N/A |
2021 | N/A | N/A |
2020 | N/A | N/A |
2019 | 57.35 | 94.8% |
2018 | 29.44 | -3.19% |
2017 | 30.41 | -6.72% |
2016 | 32.6 | 626.06% |
2015 | 4.49 | N/A |
2014 | N/A | N/A |
CZR's current PE ratio is under its 5-year average.
When compared to its peer stocks LVS and MGM, CZR's PE ratio is lower.
Stock name | PE ratio | Market cap |
---|---|---|
CZR Caesars Entertainment Inc | 9.9 | $7.59B |
WYNN Wynn Resorts Ltd | 10.63 | $9.15B |
MGM MGM Resorts International | 15.97 | $13.12B |
LVS Las Vegas Sands Corp | 18.93 | $29.19B |
FLL Full House Resorts Inc | N/A | $200.2M |
The price to earnings ratio for CZR stock as of Jul 25, 2024, stands at 9.39.
The average PE ratio for CZR stock over the past 5 years is 24.26.
The highest quarterly PE ratio in the last ten years has been 57.35 and it was in the Dec 2019 quarter.
CZR's price to earnings ratio is currently 59% below its 10-year historical average.
CZR's PE ratio of 9.39 is considered low because the company's stock price is trading at a lower multiple of earnings.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Jul 25, 2024), Caesars Entertainment's share price is $33.25. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $3.54. Therefore, Caesars Entertainment's price to earnings ratio for today is 9.39. PE RATIO(9.39) = STOCK PRICE($33.25) / TTM EPS($3.54)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.