P/E ratio for Penn National Gaming (PENN)
P/E ratio as of March 2025 (TTM): -21.4
According to Penn National Gaming 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -21.4074. At the end of 2022 the company had a P/E ratio of 21.5.
P/E ratio history for Penn National Gaming from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 21.5 | 10.83% |
| 2021 | 19.4 | -231.76% |
| 2020 | -14.7 | -121.34% |
| 2019 | 69.1 | 307.22% |
| 2018 | 17.0 | 199.43% |
| 2017 | 5.67 | -50.29% |
| 2016 | 11.4 | -80.79% |
| 2015 | 59.3 | -1396.43% |
| 2014 | -4.58 | 233.75% |
| 2013 | -1.37 | -127.54% |
| 2012 | 4.98 | 45.77% |
| 2011 | 3.42 | -132.66% |
| 2010 | -10.5 | 478.34% |
| 2009 | -1.81 | -32.67% |
| 2008 | -2.69 | -137.3% |
| 2007 | 7.20 | 196.87% |
| 2006 | 2.43 | -52.47% |
| 2005 | 5.10 | -33.65% |
| 2004 | 7.69 | 92.74% |
| 2003 | 3.99 | 5.72% |
| 2002 | 3.77 | -14.71% |
| 2001 | 4.43 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 | 23.5 | -209.69% | 🇺🇸 USA |
 | 10.0 | -146.84% | 🇺🇸 USA |
 | -13.0 | -39.27% | 🇺🇸 USA |
 | 30.4 | -242.18% | 🇺🇸 USA |
 | 17.9 | -183.82% | 🇺🇸 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.