IGT International Game Technology PE ratio, current and historical analysis
The current PE ratio for International Game Technology stock as of Dec 24, 2024 is 25.18. This is calculated based on the TTM EPS of $0.68 and the stock price of $17.12 per share. The current PE ratio is about the same compared to the last four quarters average.
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 25.18 is 28% 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 LVS, IGT's PE ratio is lower, but it is higher than MGM's and WYNN's. International Game Technology's PE ratio is trading above the peer average of 18.2.
| Stock name | PE ratio | Market cap |
|---|---|---|
| WYNN Wynn Resorts Ltd | 10.44 | $9.75B |
| MGM MGM Resorts International | 12.36 | $10.34B |
| BYD Boyd Gaming Corp | 13.63 | $6.34B |
| GDEN Golden Entertainment Inc | 23.29 | $856.06M |
| CHDN Churchill Downs Inc | 23.78 | $9.7B |
| IGT International Game Technology PLC | 25.18 | $3.42B |
| LVS Las Vegas Sands Corp | 25.69 | $37.62B |
| CZR Caesars Entertainment Inc | N/A | $7.08B |
| PENN Penn National Gaming Inc | N/A | $2.77B |
| BALY Bally's Corp | N/A | $721.84M |
Frequently asked questions
What is International Game Technology's PE ratio?
The price to earnings ratio for IGT stock is 25.18 as of Dec 24, 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 28% 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 (Dec 24, 2024), International Game Technology's share price is $17.12. 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 25.18. PE RATIO(25.18) = STOCK PRICE($17.12) / TTM EPS($0.68)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.