Caesars Entertainment
CZR
#1738
Rank
$9.00 B
Marketcap
$41.65
Share price
0.43%
Change (1 day)
-16.75%
Change (1 year)
Caesars Entertainment Corp. is an American company based in Las Vegas, that operates hotels, casinos, golf clubs and is a provider of various games of chance.

P/E ratio for Caesars Entertainment (CZR)

P/E ratio as of February 2024 (TTM): 12.6

According to Caesars Entertainment 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.6433. At the end of 2022 the company had a P/E ratio of -9.88.

P/E ratio history for Caesars Entertainment from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-9.88-49.08%
2021-19.4200.46%
2020-6.46-111.26%
201957.396.13%
201829.2-20.62%
201736.815.17%
201632.0612.31%
20154.49-142.97%
2014-10.4

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
15.1 19.61%๐Ÿ‡บ๐Ÿ‡ธ USA
-6.03-147.66%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.