Dover Downs Gaming & Entertainment (Dover Downs Gaming & Entertainment) Shiller PE Ratio : 12.00 (As of Apr. 26, 2024)

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What is Dover Downs Gaming & Entertainment Shiller PE Ratio?

As of today (2024-04-26), Dover Downs Gaming & Entertainment's current share price is $2.64. Dover Downs Gaming & Entertainment's E10 for the quarter that ended in Dec. 2018 was $0.22. Dover Downs Gaming & Entertainment's Shiller PE Ratio for today is 12.00.

The historical rank and industry rank for Dover Downs Gaming & Entertainment's Shiller PE Ratio or its related term are showing as below:

DDE's Shiller PE Ratio is not ranked ^*
in the Travel & Leisure industry.
Industry Median: 26.45
* Ranked among companies with meaningful Shiller PE Ratio only.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Dover Downs Gaming & Entertainment's adjusted earnings per share data for the three months ended in Dec. 2018 was $0.010. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.22 for the trailing ten years ended in Dec. 2018.

Shiller PE for Stocks: The True Measure of Stock Valuation

Dover Downs Gaming & Entertainment Shiller PE Ratio Historical Data

The historical data trend for Dover Downs Gaming & Entertainment's Shiller 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.

* Premium members only.

Dover Downs Gaming & Entertainment Shiller PE Ratio Chart

Dover Downs Gaming & Entertainment Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Shiller PE Ratio

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1.72

2.64

3.23

4.11

12.75

Dover Downs Gaming & Entertainment Quarterly Data
	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18
Shiller PE Ratio	Get a 7-Day Free Trial															4.11	5.48	7.59	13.09	12.75

Competitive Comparison of Dover Downs Gaming & Entertainment's Shiller PE Ratio

For the Gambling subindustry, Dover Downs Gaming & Entertainment's Shiller PE Ratio, along with its competitors' market caps and Shiller 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.

Dover Downs Gaming & Entertainment's Shiller PE Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Dover Downs Gaming & Entertainment's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Dover Downs Gaming & Entertainment's Shiller PE Ratio falls into.

Dover Downs Gaming & Entertainment Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Dover Downs Gaming & Entertainment's Shiller PE Ratio for today is calculated as

Shiller PE Ratio	=	Share Price	/	E10
	=	2.64	/	0.22
	=	12.00

Dover Downs Gaming & Entertainment's E10 for the quarter that ended in Dec. 2018 is calculated as:

For example, Dover Downs Gaming & Entertainment's adjusted earnings per share data for the three months ended in Dec. 2018 was:

Adj_EPS	=	Earnings per Share (Diluted)	/	CPI of Dec. 2018 (Change)	*	Current CPI (Dec. 2018)
	=	0.01	/	105.9979	*	105.9979
	=	0.010

Current CPI (Dec. 2018) = 105.9979.

Dover Downs Gaming & Entertainment Quarterly Data

	Earnings per Share (Diluted)	CPI	Adj_EPS
200903	0.130	89.744	0.154
200906	0.120	91.003	0.140
200909	0.040	91.120	0.047
200912	0.050	91.111	0.058
201003	0.050	91.821	0.058
201006	0.070	91.962	0.081
201009	0.070	92.162	0.081
201012	0.020	92.474	0.023
201103	0.000	94.283	0.000
201106	0.040	95.235	0.045
201109	0.060	95.727	0.066
201112	0.070	95.213	0.078
201203	0.070	96.783	0.077
201206	0.060	96.819	0.066
201209	0.040	97.633	0.043
201212	-0.020	96.871	-0.022
201303	-0.010	98.209	-0.011
201306	0.020	98.518	0.022
201309	0.010	98.790	0.011
201312	-0.010	98.326	-0.011
201403	-0.030	99.695	-0.032
201406	0.010	100.560	0.011
201409	0.020	100.428	0.021
201412	-0.020	99.070	-0.021
201503	-0.010	99.621	-0.011
201506	0.020	100.684	0.021
201509	0.030	100.392	0.032
201512	0.020	99.792	0.021
201603	-0.010	100.470	-0.011
201606	0.020	101.688	0.021
201609	0.020	101.861	0.021
201612	-0.010	101.863	-0.010
201703	-0.010	102.862	-0.010
201706	0.001	103.349	0.001
201709	-0.004	104.136	-0.004
201712	-0.020	104.011	-0.020
201803	-0.010	105.290	-0.010
201806	0.005	106.317	0.005
201809	-0.010	106.507	-0.010
201812	0.010	105.998	0.010

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

Dover Downs Gaming & Entertainment (NYSE:DDE) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.

Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.

Dover Downs Gaming & Entertainment Shiller PE Ratio Related Terms

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Dover Downs Gaming & Entertainment (Dover Downs Gaming & Entertainment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Dover Downs Gaming & Entertainment Inc (NYSE:DDE) » Definitions » Shiller PE Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

1131 North DuPont Highway, Dover, DE, USA, 19901

Website

http://www.doverdowns.com

Dover Downs Gaming & Entertainment Inc is a US-based gaming and entertainment company. It operates Dover Downs Casino; Dover Downs Hotel and Conference Center; and Dover Downs Raceway. The Dover Downs Casino operations include table games, including craps, roulette and card games, multi-player electronic table games, race and sports book operation, the festival buffet, Frankie's Italian restaurant, as well as several bars, restaurants and retail outlets. The Dover Downs Hotel and Conference Center include a fine dining restaurant, spa/salon, conference, banquet, ballroom and concert hall facilities. The Dover Downs Raceway includes a harness racing track with pari-mutuel wagering on live and simulcasts horse races. The firm derives the majority of revenue from gaming operation.

Executives

R Randall Rollins	other: See Footnote 1	SUNTRUST BANKS INC, PO BOX 4418 MC 643, ATLANTA GA 30302-4418
Henry B Tippie	other: See Footnote 1	TONY EVANS, 1131 N DUPONT HWY, DOVER DE 19903
Denis Mcglynn	other: See Footnote 1	POST OFFICE BOX 843, DOVER DE 19903
Klaus M Belohoubek	other: See Footnote 1
Timothy R Horne	other: See Footnote 1
Jeffrey W Rollins	other: See Footnote 1
Patrick J Bagley	other: See Footnote 1
Rmt Trust	other: See Footnote 1	3505 SILVERSIDE ROAD PLAZA CENTRE BLDG., SUITE 203 WILMINGTON DE 19810
Kenneth K Chalmers	director
Rollins John W Jr	director	1131 N DUPONT HGWY PO BOX 843 DOVER DE 19903
Eugene W Weaver	10 percent owner	P O BOX 843, DOVER DE 19803
Richard K Struthers	director	900 OLD KENNETT ROAD, GREENVILLE DE 19807
Gates Capital Management, Inc.	10 percent owner	1177 AVE. OF THE AMERICAS 46TH FLOOR NEW YORK NY 10036
Jeffrey L Gates	10 percent owner	1177 AVENUE OF THE AMERICAS 46TH FLOOR NEW YORK NY 10036
Estate Of Rollins John W Sr	10 percent owner	2200 CONCORD PIKE WILMINGTON DE 19803