Pinnacle Entertainment Forward PE Ratio Historical Data
The historical data trend for Pinnacle Entertainment's Forward PE Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
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Pinnacle Entertainment Forward PE Ratio Chart
Pinnacle Entertainment Annual Data
Trend
2016-12
2017-12
2018-10
Forward PE Ratio
11.89
20.20
18.69
Pinnacle Entertainment Quarterly Data
2016-06
2016-09
2016-12
2017-03
2017-06
2017-09
2017-12
2018-03
Forward PE Ratio
8.80
9.45
11.89
18.59
16.89
14.90
20.20
18.98
Competitive Comparison of Pinnacle Entertainment's Forward PE Ratio
For the Resorts & Casinos subindustry, Pinnacle Entertainment's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Pinnacle Entertainment's Forward PE Ratio Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Pinnacle Entertainment's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Pinnacle Entertainment's Forward PE Ratio falls into.
Pinnacle Entertainment Forward PE Ratio Calculation
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Pinnacle Entertainment (NAS:PNK) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Pinnacle Entertainment Forward PE Ratio Related Terms
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Pinnacle Entertainment (Pinnacle Entertainment) Business Description
Pinnacle Entertainment Inc is a United Stated based owns, operates and develops casinos and related hospitality and entertainment businesses. Its owned facilities are located in Ohio and leased facilities are located in Colorado, Indiana, Iowa, Louisiana, Mississippi, Missouri, Nevada, and Pennsylvania. The company also hold a majority interest in the racing license owner, and it is a party to a management contract, for Retama Park Racetrack located outside of San Antonio, Texas. Additionally, Pinnacle owns and operate a live and televised poker tournament series under the trade name Heartland Poker Tour. The company's three reportable segments based on the regions in which it operates namely Midwest, South, and West.
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