RRR Red Rock Resorts PE ratio, current and historical analysis
As at Oct 17, 2024, the RRR stock has a PE ratio of 18.07. This is based on the current EPS of $2.91 and the stock price of $52.59 per share. An increase of 7% has been recorded in the PE ratio compared to the average of 16.9 of the past four quarters.
RRR PE ratio history
The mean historical PE ratio of Red Rock Resorts over the last nine years is 95.62. The current 18.07 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.
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
The current PE ratio of RRR is above its 3 and 5-year historical averages.
RRR PE vs peers
When compared to its peer stock MGM, RRR's PE ratio is higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| MGM MGM Resorts International | 15.26 | $12.33B |
| RRR Red Rock Resorts Inc | 18.07 | $5.55B |
| MSC Studio City International Holdings Ltd | N/A | $1.35B |
| MLCO Melco Resorts & Entertainment Ltd | N/A | $3.1B |
| PENN Penn National Gaming Inc | N/A | $2.87B |
Frequently asked questions
What is Red Rock Resorts's PE ratio?
As of Oct 17, 2024, RRR stock has a price to earnings ratio of 18.07.
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 13.22.
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 15.79.
What is the highest PE ratio for RRR?
Over the last nine 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 81% below its 9-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 (Oct 17, 2024), Red Rock Resorts's stock price is $52.59. The earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $2.91. Therefore, Red Rock Resorts's price to earnings ratio for today is 18.07. PE RATIO(18.07) = STOCK PRICE($52.59) / TTM EPS($2.91)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.