P/E ratio for Boyd Gaming (BYD)
P/E ratio as of June 2023 (TTM): 10.8
According to Boyd Gaming 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.774. At the end of 2021 the company had a P/E ratio of 16.1.
P/E ratio history for Boyd Gaming from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 16.1 | -101.88% |
| 2020 | -858 | -4085.22% |
| 2019 | 21.5 | 4.69% |
| 2018 | 20.6 | -3.15% |
| 2017 | 21.2 | 284.41% |
| 2016 | 5.53 | -88.32% |
| 2015 | 47.3 | -277.69% |
| 2014 | -26.6 | 77.34% |
| 2013 | -15.0 | 2237.92% |
| 2012 | -0.6422 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Las Vegas Sands LVS | -81.3 | -854.71% | 🇺🇸 USA |
 MGM Resorts
MGM | 8.75 | -18.83% | 🇺🇸 USA |
 Penn National Gaming
PENN | 5.93 | -44.95% | 🇺🇸 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.