Wynn Resorts
WYNN
#1545
Rank
$8.22 B
Marketcap
$72.35
Share price
-2.45%
Change (1 day)
-14.12%
Change (1 year)

P/E ratio for Wynn Resorts (WYNN)

P/E ratio as of October 2022 (TTM): -12.8

According to Wynn Resorts 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -12.8252. At the end of 2021 the company had a P/E ratio of -12.7.

P/E ratio history for Wynn Resorts from 2003 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2021-12.7118.88%
2020-5.82-104.82%
2019121549.5%
201818.6-19.5%
201723.1-36.46%
201636.3-10.17%
201540.597.2%
201420.5-23.51%
201326.815.89%
201223.1

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.