As at Jul 25, 2024, the RRR stock has a PE ratio of 18.89. This is based on the current EPS of $2.99 and the stock price of $56.49 per share. An increase of 24% has been recorded in the PE ratio compared to the average of 15.2 of the past four quarters.
The mean historical PE ratio of Red Rock Resorts over the last nine years is 98.57. The current 18.89 price-to-earnings ratio is 81% less than the historical average. In the past nine 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.
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 |
The current PE ratio of RRR is above its 3-year historical average, but it is lower than the 5-year average.
When compared to its peer stock MGM, RRR's PE ratio is higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| MGM MGM Resorts International | 15.97 | $13.12B |
| RRR Red Rock Resorts Inc | 19.32 | $6.1B |
| MSC Studio City International Holdings Ltd | N/A | $1.38B |
| MLCO Melco Resorts & Entertainment Ltd | N/A | $2.57B |
| PENN Penn National Gaming Inc | N/A | $3.01B |
As of Jul 25, 2024, RRR stock has a price to earnings ratio of 18.89.
Over the last 3 years, the average PE ratio for RRR stock is 14.12.
Over the last 5 years, the average PE ratio for RRR stock is 170.53.
Over the last nine years, the quarterly PE ratio reached a historic high of 2,030.5 in the Sep 2019 quarter.
RRR's current price to earnings ratio is 81% below its 9-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Jul 25, 2024), Red Rock Resorts's stock price is $56.49. 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 18.89. PE RATIO(18.89) = STOCK PRICE($56.49) / TTM EPS($2.99)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.