Penn National Gaming
PENN
#2258
Rank
$5.22 B
Marketcap
$33.67
Share price
-3.75%
Change (1 day)
-36.19%
Change (1 year)
Penn National Gaming, Inc. is an American operator of casinos and racetracks, the company operates 43 facilities in the United States and Canada, many of them under the Hollywood Casino brand.

P/E ratio for Penn National Gaming (PENN)

P/E ratio as of November 2022 (TTM): 22.2

According to Penn National Gaming 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.1513. At the end of 2021 the company had a P/E ratio of 19.4.

P/E ratio history for Penn National Gaming from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202119.4-231.76%
2020-14.7-121.34%
201969.1307.22%
201817.0199.43%
20175.67
2014-4.58233.75%
2013-1.37-127.54%
20124.98

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
11.8-46.74%๐Ÿ‡บ๐Ÿ‡ธ USA
18.3-17.40%๐Ÿ‡บ๐Ÿ‡ธ USA
14.2-35.96%๐Ÿ‡บ๐Ÿ‡ธ USA
17.5-21.00%๐Ÿ‡บ๐Ÿ‡ธ USA
11.4-48.44%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.