Back to RRR overview

RRR Red Rock Resorts PE ratio, current and historical analysis

As at May 21, 2024, the RRR stock has a PE ratio of 17.11. This is based on the current EPS of $2.99 and the stock price of $51.15 per share. An increase of 12% has been recorded in the PE ratio compared to the average of 15.2 of the past four quarters.

RRR PE ratio history

How has RRR's PE ratio performed in the past

The mean historical PE ratio of Red Rock Resorts over the last eight years is 98.57. The current 17.11 price-to-earnings ratio is 83% less than the historical average. In the past eight years, RRR's PE ratio reached its highest point in the Sep 2019 quarter at 2,030.5, with a price of $20.31 and an EPS of $0.01. The Jun 2022 quarter saw the lowest point at 7.85, with a price of $33.36 and an EPS of $4.25.

Average
98.57
Median
16.35
Minimum
7.85
Maximum
2,030.5

Red Rock Resorts PE ratio by year

Maximum annual increase: 185.47% in 2017

Maximum annual decrease: -86% in 2018

Year PE ratio Change
2023 17.54 52.52%
2022 11.5 -26.84%
2021 15.72 N/A
2020 N/A N/A
2019 N/A N/A
2018 8.91 -86%
2017 63.66 185.47%
2016 22.3 N/A
2015 N/A N/A
2014 N/A N/A

RRR average PE ratio chart

What is the average PE ratio of RRR for the past years

The current PE ratio of RRR is above its 3-year historical average, but it is lower than the 5-year average.

3-year avg
15.53
5-year avg
161.83
10-year avg
N/A
15-year avg
N/A

RRR PE vs peers

What is RRR's PE ratio compared to its peers

When compared to its peer stock MGM, RRR's PE ratio is higher.

Stock name PE ratio Market cap
MGM MGM Resorts International 15.58 $12.8B
RRR Red Rock Resorts Inc 17.11 $5.4B
MSC Studio City International Holdings Ltd N/A $1.69B
MLCO Melco Resorts & Entertainment Ltd N/A $3.8B
PENN Penn National Gaming Inc N/A $2.5B

Frequently asked questions

What is Red Rock Resorts's PE ratio?

As of May 21, 2024, RRR stock has a price to earnings ratio of 17.11.

What is the 3-year average PE ratio for Red Rock Resorts (RRR)?

Over the last 3 years, the average PE ratio for RRR stock is 15.53.

What is the 5-year average PE ratio for Red Rock Resorts (RRR)?

Over the last 5 years, the average PE ratio for RRR stock is 161.83.

What is the highest PE ratio for RRR?

Over the last eight years, the quarterly PE ratio reached a historic high of 2,030.5 in the Sep 2019 quarter.

How does the current PE ratio for RRR compare to its historical average?

RRR's current price to earnings ratio is 83% below its 8-year historical average.

How is RRR's PE ratio calculated (Red Rock Resorts PE ratio formula)?

To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (May 21, 2024), Red Rock Resorts's stock price is $51.15. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.99. Therefore, Red Rock Resorts's price to earnings ratio for today is 17.11. PE RATIO(17.11) = STOCK PRICE($51.15) / TTM EPS($2.99)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.