Wynn Resorts
WYNN
#1573
Rank
$10.63 B
Marketcap
$94.88
Share price
2.53%
Change (1 day)
-1.66%
Change (1 year)

P/E ratio for Wynn Resorts (WYNN)

P/E ratio as of June 2024 (TTM): > 1000

According to Wynn Resorts 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1542.33. At the end of 2022 the company had a P/E ratio of -22.2.

P/E ratio history for Wynn Resorts from 2003 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-22.274.35%
2021-12.7118.88%
2020-5.82-104.82%
2019121549.5%
201818.6-19.5%
201723.1-36.46%
201636.31.39%
201535.874.72%
201420.5-23.51%
201326.815.89%
201223.13.28%
201122.4-71.73%
201079.3-80.94%
20094161779.85%
200822.1-63.1%
200760.0298.05%
200615.1-125.27%
2005-59.6108.47%
2004-28.6-37.67%
2003-45.9

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
50.0-96.76%๐Ÿ‡บ๐Ÿ‡ธ USA
36.7-97.62%๐Ÿ‡บ๐Ÿ‡ธ USA
-18.1-101.17%๐Ÿ‡บ๐Ÿ‡ธ USA
14.8-99.04%๐Ÿ‡บ๐Ÿ‡ธ USA
-18.6-101.21%๐Ÿ‡บ๐Ÿ‡ธ USA
7.54-99.51%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.