P/E ratio for Wynn Resorts (WYNN)
P/E ratio as of April 2024 (TTM): > 1000
According to Wynn Resorts 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1617.67. At the end of 2022 the company had a P/E ratio of -22.2.
P/E ratio history for Wynn Resorts from 2003 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -22.2 | 74.35% |
| 2021 | -12.7 | 118.88% |
| 2020 | -5.82 | -104.82% |
| 2019 | 121 | 549.5% |
| 2018 | 18.6 | -19.5% |
| 2017 | 23.1 | -36.46% |
| 2016 | 36.3 | 1.39% |
| 2015 | 35.8 | 74.72% |
| 2014 | 20.5 | -23.51% |
| 2013 | 26.8 | 15.89% |
| 2012 | 23.1 | 3.28% |
| 2011 | 22.4 | -71.73% |
| 2010 | 79.3 | -80.94% |
| 2009 | 416 | 1779.85% |
| 2008 | 22.1 | -63.1% |
| 2007 | 60.0 | 298.05% |
| 2006 | 15.1 | -125.27% |
| 2005 | -59.6 | 108.47% |
| 2004 | -28.6 | -37.67% |
| 2003 | -45.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Las Vegas Sands LVS | 52.1 | -96.78% | 🇺🇸 USA |
 MGM Resorts
MGM | 40.7 | -97.49% | 🇺🇸 USA |
 Penn National Gaming
PENN | -22.0 | -101.36% | 🇺🇸 USA |
 Monarch Casino & Resort MCRI | 15.3 | -99.06% | 🇺🇸 USA |
 Century Casinos CNTY | -22.3 | -101.38% | 🇺🇸 USA |
 Boyd Gaming
BYD | 9.35 | -99.42% | 🇺🇸 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.