According to Caesars Entertainment 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.80183. At the end of 2022 the company had a P/E ratio of -9.88.
Year | P/E ratio | Change |
---|---|---|
2022 | -9.88 | -49.08% |
2021 | -19.4 | 200.46% |
2020 | -6.46 | -111.26% |
2019 | 57.3 | 96.13% |
2018 | 29.2 | -20.62% |
2017 | 36.8 | 15.17% |
2016 | 32.0 | 612.31% |
2015 | 4.49 | -142.97% |
2014 | -10.4 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
![]() | -5.26 | -167.41% | ๐บ๐ธ USA |
![]() | 15.1 | 93.83% | ๐บ๐ธ USA |
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.