IGT International Game Technology PE ratio, current and historical analysis
The current PE ratio for International Game Technology stock as of Mar 20, 2025 is 9.9. This is calculated based on the TTM EPS of $1.73 and the stock price of $17.13 per share. The PE ratio has decreased by 50% from its last 4 quarters average of 20.0.
IGT PE ratio history
The average historical PE ratio of International Game Technology for the last nine years is 35.05. The current price-to-earnings ratio of 9.9 is 72% 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: 110.67% in 2023
Maximum annual decrease: -70.94% in 2024
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 10.21 | -70.94% | $17.66 | $1.73 |
| 2023 | 35.14 | 110.67% | $27.41 | $0.78 |
| 2022 | 16.68 | 49.46% | $22.68 | $1.36 |
| 2021 | 11.16 | N/A | $28.91 | $2.59 |
| 2020 | N/A | N/A | $16.94 | -$4.83 |
| 2019 | N/A | N/A | $14.97 | -$0.1 |
| 2018 | N/A | N/A | $14.63 | -$0.11 |
| 2017 | N/A | N/A | $26.51 | -$5.79 |
| 2016 | 22 | N/A | $25.52 | $1.16 |
| 2015 | N/A | N/A | $16.18 | -$0.43 |
| 2014 | N/A | N/A | N/A | $0.55 |
| 2013 | N/A | N/A | N/A | $1.28 |
| 2012 | N/A | N/A | N/A | $1.23 |
International Game Technology PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Dec 2024 | 10.21 | -67.4% | $17.66 | $1.73 |
| Sep 2024 | 31.32 | 69.94% | $21.3 | $0.68 |
| Jun 2024 | 18.43 | -7.8% | $20.46 | $1.11 |
| Mar 2024 | 19.99 | -43.11% | $22.59 | $1.13 |
| Dec 2023 | 35.14 | -55.96% | $27.41 | $0.78 |
| Sep 2023 | 79.79 | 237.81% | $30.32 | $0.38 |
| Jun 2023 | 23.62 | -5.71% | $31.89 | $1.35 |
| Mar 2023 | 25.05 | 50.18% | $26.8 | $1.07 |
| Dec 2022 | 16.68 | 106.95% | $22.68 | $1.36 |
| Sep 2022 | 8.06 | -62.21% | $15.8 | $1.96 |
| Jun 2022 | 21.33 | 118.77% | $18.56 | $0.87 |
| Mar 2022 | 9.75 | -12.63% | $24.68 | $2.53 |
| Dec 2021 | 11.16 | -49.98% | $28.91 | $2.59 |
| Sep 2021 | 22.31 | -86.96% | $26.32 | $1.18 |
| Jun 2021 | 171.14 | N/A | $23.96 | $0.14 |
IGT average PE ratio chart
Currently, IGT's PE ratio is under its 3 and 5-year averages.
IGT PE vs peers
When compared to its peer stocks LVS and MGM, IGT's PE ratio is lower. International Game Technology's PE ratio is trading below the peer average of 16.58.
| Stock name | PE ratio | Market cap |
|---|---|---|
| IGT International Game Technology PLC | 9.82 | $3.43B |
| BYD Boyd Gaming Corp | 10.96 | $5.68B |
| MGM MGM Resorts International | 12.96 | $8.96B |
| GDEN Golden Entertainment Inc | 15.14 | $722.42M |
| WYNN Wynn Resorts Ltd | 18.13 | $8.8B |
| CHDN Churchill Downs Inc | 19.51 | $8.22B |
| LVS Las Vegas Sands Corp | 21.34 | $30.09B |
| CZR Caesars Entertainment Inc | N/A | $5.81B |
| PENN Penn National Gaming Inc | N/A | $2.66B |
Frequently asked questions
What is International Game Technology's PE ratio?
The price to earnings ratio for IGT stock is 9.9 as of Mar 20, 2025.
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 24.95.
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 33.6.
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 72% lower than the 9-year historical average.
Why is International Game Technology's PE ratio so low?
IGT's PE ratio is low because its earnings per share (EPS) is high relative to its stock price.
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 (Mar 20, 2025), International Game Technology's share price is $17.13. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $1.73. Therefore, International Game Technology's price to earnings ratio for today is 9.9. PE RATIO(9.9) = STOCK PRICE($17.13) / TTM EPS($1.73)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.