Caesars Entertainment (LTS:0A78) Cyclically Adjusted Book per Share: $19.24 (As of Mar. 2026)

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LTS:0A78 Caesars Entertainment Inc LTS:0A78
75 GF Score
Price $29.75
GF Value $38.38
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Caesars Entertainment Cyclically Adjusted Book per Share?

Caesars Entertainment LTS:0A78 +0.37% 75 Cyclically Adjusted Book per Share is $19.24 as of Mar. 2026. GuruFocus rates LTS:0A78 with a GF Score™ of 75/100 and a GF Value™ of $38.38 (Modestly Undervalued). The stock has 8 warning signs investors should review.

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Caesars Entertainment's adjusted book value per share for the three months ended in Mar. 2026 was $16.785. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $19.24 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Caesars Entertainment's average Cyclically Adjusted Book Growth Rate was 10.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2026-07-15), Caesars Entertainment's current stock price is $29.75. Caesars Entertainment's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $19.24. Caesars Entertainment's Cyclically Adjusted PB Ratio of today is 1.55.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Caesars Entertainment was 3.97. The lowest was 0.98. And the median was 2.12.


Caesars Entertainment  (LTS:0A78) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Caesars Entertainment's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=29.75/19.24
=1.55

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Caesars Entertainment was 3.97. The lowest was 0.98. And the median was 2.12.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Caesars Entertainment Cyclically Adjusted Book per Share Related Terms


Caesars Entertainment Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Caesars Entertainment's Cyclically Adjusted Book per Share 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.

Caesars Entertainment Cyclically Adjusted Book per Share Chart

Caesars Entertainment Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 15.52 16.60 18.66

Caesars Entertainment Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.31 17.93 18.52 18.66 19.24

LTS:0A78 vs BYD, MTN, HGV: Cyclically Adjusted Book per Share Comparison

For the Resorts & Casinos subindustry, Caesars Entertainment's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


Caesars Entertainment Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Caesars Entertainment's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Caesars Entertainment's Cyclically Adjusted PB Ratio falls into.


LTS:0A78
75GF Score
Caesars Entertainment Inc LTS:0A78
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Caesars Entertainment Cyclically Adjusted Book per Share Calculation

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

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.

For example, Caesars Entertainment's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=16.785/330.2130*330.2130
=16.785

Current CPI (Mar. 2026) = 330.2130.

Caesars Entertainment Quarterly Data

Book Value per Share CPI Adj_Book
201606 6.085 241.018 8.337
201609 6.303 241.428 8.621
201612 6.336 241.432 8.666
201703 6.392 243.801 8.658
201706 10.766 244.955 14.513
201709 11.118 246.819 14.874
201712 12.256 246.524 16.417
201803 12.411 249.554 16.422
201806 12.890 251.989 16.891
201809 13.389 252.439 17.514
201812 13.290 251.233 17.468
201903 13.730 254.202 17.836
201906 13.999 256.143 18.047
201909 14.530 256.759 18.687
201912 14.400 256.974 18.504
202003 12.084 258.115 15.459
202006 16.400 257.797 21.007
202009 19.941 260.280 25.299
202012 24.110 260.474 30.565
202103 22.178 264.877 27.649
202106 24.103 271.696 29.294
202109 22.850 274.310 27.507
202112 20.956 278.802 24.820
202203 17.687 287.504 20.314
202206 17.051 296.311 19.002
202209 17.851 296.808 19.860
202212 17.296 296.797 19.243
202303 16.730 301.836 18.303
202306 21.140 305.109 22.879
202309 21.315 307.789 22.868
202312 21.094 306.746 22.708
202403 20.408 312.332 21.576
202406 19.926 314.175 20.943
202409 19.741 315.301 20.675
202412 19.671 315.605 20.581
202503 19.117 319.799 19.740
202506 18.734 322.561 19.178
202509 18.449 324.800 18.756
202512 17.293 324.054 17.622
202603 16.785 330.213 16.785

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of $19.24 mean?
Caesars Entertainment (LTS:0A78) has a Cyclically Adjusted Book per Share of $19.24 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Caesars Entertainment and its competitors.
Is Caesars Entertainment's Cyclically Adjusted Book per Share too high?
Caesars Entertainment's current Cyclically Adjusted Book per Share is $19.24. Overall, Caesars Entertainment has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Caesars Entertainment's Cyclically Adjusted Book per Share compare to BYD and MTN?
Caesars Entertainment's Cyclically Adjusted Book per Share of $19.24 can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Travel & Leisure company?
A good Cyclically Adjusted Book per Share depends on the Travel & Leisure industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Caesars Entertainment and its competitors. Caesars Entertainment's current Cyclically Adjusted Book per Share is $19.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Caesars Entertainment stock overvalued right now?
Based on GuruFocus' analysis, Caesars Entertainment (LTS:0A78) is currently considered Modestly Undervalued. The stock's GF Value™ is $38.38, compared to a current price of $29.75 — trading 22.5% below its estimated fair value. The current Cyclically Adjusted Book per Share is $19.24. Caesars Entertainment's overall GF Score™ is 75/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Caesars Entertainment (LTS:0A78), the current Cyclically Adjusted Book per Share is $19.24 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Caesars Entertainment (LTS:0A78) Overvalued in 2026?

Based on GuruFocus' analysis, Caesars Entertainment stock appears to be undervalued. The current stock price of $29.75 is trading 22.5% below its estimated GF Value™ of $38.38. GuruFocus considers Caesars Entertainment to be Modestly Undervalued.

Key valuation signals for LTS:0A78:

  • Cyclically Adjusted Book per Share: $19.24
  • GF Value™: $38.38 vs. price of $29.75 (22.5% below fair value)
  • GF Score™: 75/100 with 8 warning signs

No single metric tells the full story. See the LTS:0A78 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Caesars Entertainment Business Description

Address 100 West Liberty Street, 12th Floor, Reno, NV, USA, 89501
Caesars Entertainment's stand-alone portfolio includes about 50 domestic gaming properties across the Las Vegas (48% of 2025 EBITDAR) and regional (49%) markets. Additionally, the company hosts managed properties and digital assets that produced marginal EBITDA in 2025. Caesars' US presence roughly doubled with the 2020 acquisition by Eldorado, which built its first casino in Reno, Nevada, in 1973. Caesars' brands include Caesars, Harrah's, Tropicana, Bally's, Isle, and Flamingo. Also, the company owns the US portion of William Hill (it sold the international operation in 2022), a digital sports betting platform. The portfolio is set to expand to more than 60 casinos with the proposed acquisition of Caesars by Fertitta Entertainment and its Golden Nugget resorts.
75GF Score

Get the complete analysis for LTS:0A78

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$29.75
Price
$38.38
GF Value