P/E ratio for Golden Entertainment (GDEN)
P/E ratio as of May 2024 (TTM): 18.3
According to Golden Entertainment 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.25. At the end of 2022 the company had a P/E ratio of 13.1.
P/E ratio history for Golden Entertainment from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 13.1 | 45.96% |
| 2021 | 8.96 | -319.81% |
| 2020 | -4.08 | -69.68% |
| 2019 | -13.4 | -37.92% |
| 2018 | -21.6 | -111.27% |
| 2017 | 192 | 1073.6% |
| 2016 | 16.4 | 74.37% |
| 2015 | 9.39 | -359.78% |
| 2014 | -3.61 | -164.94% |
| 2013 | 5.56 | -77.75% |
| 2012 | 25.0 | -194.59% |
| 2011 | -26.4 | 382.21% |
| 2010 | -5.48 | -132.75% |
| 2009 | 16.7 | -1527.74% |
| 2008 | -1.17 | -110.65% |
| 2007 | 11.0 | 0.93% |
| 2006 | 10.9 | -188.5% |
| 2005 | -12.3 | -87.15% |
| 2004 | -95.8 | -76.27% |
| 2003 | -404 | 3270.83% |
| 2002 | -12.0 | -10.17% |
| 2001 | -13.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Rush Street Interactive RSI | -19.4 | -206.08% | 🇺🇸 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.