IGT International Game Technology PE ratio, current and historical analysis
The current PE ratio for International Game Technology stock as of Nov 21, 2024 is 27.93. This is calculated based on the TTM EPS of $0.68 and the stock price of $18.99 per share. The PE ratio has grown by 10% from its last 4 quarters average of 25.4.
IGT PE ratio history
The average historical PE ratio of International Game Technology for the last nine years is 34.79. The current price-to-earnings ratio of 27.93 is 20% less than the historical average. Analyzing the last nine years, IGT's PE ratio reached its highest point in the Jun 2021 quarter at 171.14, when the price was $23.96 and the EPS was $0.14. The lowest point was recorded in the Sep 2022 quarter, when it reached 8.06 with a price of $15.8 and an EPS of $1.96.
International Game Technology PE ratio by year
Maximum annual increase: 110.78% in 2023
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 31.87 | 110.78% |
| 2022 | 15.12 | 35.48% |
| 2021 | 11.16 | N/A |
| 2020 | N/A | N/A |
| 2019 | N/A | N/A |
| 2018 | N/A | N/A |
| 2017 | N/A | N/A |
| 2016 | 22 | N/A |
| 2015 | N/A | N/A |
| 2014 | N/A | N/A |
IGT average PE ratio chart
Currently, IGT's PE ratio is higher than the 3-year average, but it is under its 5-year average.
IGT PE vs peers
When compared to its peer stocks LVS and MGM, IGT's PE ratio is higher. International Game Technology's PE ratio is trading above the peer average of 18.92.
| Stock name | PE ratio | Market cap |
|---|---|---|
| WYNN Wynn Resorts Ltd | 10.79 | $10.07B |
| MGM MGM Resorts International | 13.53 | $11.32B |
| BYD Boyd Gaming Corp | 13.6 | $6.32B |
| LVS Las Vegas Sands Corp | 24.79 | $36.3B |
| GDEN Golden Entertainment Inc | 25.14 | $924.08M |
| CHDN Churchill Downs Inc | 25.65 | $10.46B |
| IGT International Game Technology PLC | 27.93 | $3.8B |
| CZR Caesars Entertainment Inc | N/A | $7.98B |
| PENN Penn National Gaming Inc | N/A | $3.09B |
| BALY Bally's Corp | N/A | $722.24M |
Frequently asked questions
What is International Game Technology's PE ratio?
The price to earnings ratio for IGT stock is 27.93 as of Nov 21, 2024.
What is the 3-year average PE ratio for International Game Technology (IGT)?
The average PE ratio for IGT stock over the past 3 years is 22.5.
What is the 5-year average PE ratio for International Game Technology (IGT)?
The average PE ratio for IGT stock over the past 5 years is 33.11.
What is the highest PE ratio for IGT?
The highest quarterly PE ratio in the last nine years has been 171.14 and it was in the Jun 2021 quarter.
How does the current PE ratio for IGT compare to its historical average?
The current PE ratio of IGT is 20% lower than the 9-year historical average.
How is IGT's PE ratio calculated (International Game Technology PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Nov 21, 2024), International Game Technology's share price is $18.99. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $0.68. Therefore, International Game Technology's price to earnings ratio for today is 27.93. PE RATIO(27.93) = STOCK PRICE($18.99) / TTM EPS($0.68)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.