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Caesars Entertainment (Caesars Entertainment) E10 : $-1.27 (As of Dec. 2023)


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What is Caesars Entertainment E10?

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

Caesars Entertainment's adjusted earnings per share data for the three months ended in Dec. 2023 was $-0.340. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-1.27 for the trailing ten years ended in Dec. 2023.

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 E10 growth rate using E10 data.

As of today (2024-04-28), Caesars Entertainment's current stock price is $36.61. Caesars Entertainment's E10 for the quarter that ended in Dec. 2023 was $-1.27. Caesars Entertainment's Shiller PE Ratio of today is .


Caesars Entertainment E10 Historical Data

The historical data trend for Caesars Entertainment's E10 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.

Caesars Entertainment E10 Chart

Caesars Entertainment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -1.27

Caesars Entertainment Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
E10 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 - -1.65 -1.24 -1.22 -1.27

Competitive Comparison of Caesars Entertainment's E10

For the Resorts & Casinos subindustry, Caesars 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.


Caesars Entertainment's Shiller PE Ratio Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Caesars Entertainment's Shiller PE Ratio falls into.



Caesars Entertainment E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

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

For example, Caesars Entertainment's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.34/129.4194*129.4194
=-0.340

Current CPI (Dec. 2023) = 129.4194.

Caesars Entertainment Quarterly Data

per share eps CPI Adj_EPS
201403 -0.050 99.695 -0.065
201406 0.063 100.560 0.081
201409 -0.160 100.428 -0.206
201412 -0.240 99.070 -0.314
201503 -0.130 99.621 -0.169
201506 0.100 100.684 0.129
201509 0.120 100.392 0.155
201512 2.330 99.792 3.022
201603 0.070 100.470 0.090
201606 0.230 101.688 0.293
201609 0.200 101.861 0.254
201612 0.020 101.863 0.025
201703 0.020 102.862 0.025
201706 -0.680 103.349 -0.852
201709 0.380 104.136 0.472
201712 1.150 104.011 1.431
201803 0.270 105.290 0.332
201806 0.470 106.317 0.572
201809 0.480 106.507 0.583
201812 -0.002 105.998 -0.002
201903 0.490 107.251 0.591
201906 0.240 108.070 0.287
201909 0.470 108.329 0.562
201912 -0.170 108.420 -0.203
202003 -2.250 108.902 -2.674
202006 -1.250 108.767 -1.487
202009 -6.090 109.815 -7.177
202012 -1.910 109.897 -2.249
202103 -2.030 111.754 -2.351
202106 0.340 114.631 0.384
202109 -1.100 115.734 -1.230
202112 -2.030 117.630 -2.233
202203 -3.180 121.301 -3.393
202206 -0.570 125.017 -0.590
202209 0.240 125.227 0.248
202212 -0.700 125.222 -0.723
202303 -0.630 127.348 -0.640
202306 4.260 128.729 4.283
202309 0.340 129.860 0.339
202312 -0.340 129.419 -0.340

Add all the adjusted EPS together and divide 10 will get our e10.


Caesars Entertainment  (NAS:CZR) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, 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 P/E is also called PE10.

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


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Caesars Entertainment E10 Related Terms

Thank you for viewing the detailed overview of Caesars Entertainment's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Caesars Entertainment (Caesars Entertainment) Business Description

Traded in Other Exchanges
Address
100 West Liberty Street, 12th Floor, Reno, NV, USA, 89501
Caesars Entertainment includes about 50 domestic gaming properties across Las Vegas (58% of 2022 EBITDAR before corporate and digital expenses) and regional (59%) markets. Additionally, the company hosts managed properties and digital assets, the later of which produced material EBITDA losses in 2022. Caesars' U.S. presence roughly doubled with the 2020 acquisition by Eldorado, which built its first casino in Reno, Nevada, in 1973 and expanded its presence through prior acquisitions to over 20 properties before merging with legacy Caesars. Caesars' brands include Caesars, Harrah's, Tropicana, Bally's, Isle, and Flamingo. Also, the company owns the U.S. portion of William Hill (it sold the international operation in 2022), a digital sports betting platform.
Executives
Michael E Pegram director PO BOX 285, BURLINGTON WA 98233
Stephanie Lepori officer: CAO & Chief Admin. Officer 100 WEST LIBERTY STREET, SUITE 1150, RENO NV 89501
Thomas Reeg director, officer: Chief Executive Officer 21 WATERWAY AVE, SUITE 150, THE WOODLANDS TX 77380
David P Tomick director 100 REGENCY FOREST DR, SUITE 400, CARY NC 27511
Don R Kornstein director DON R KORNSTEIN, 825 LAKESHORE BLVD, INCLINE VILLAGE NV 89451
Fahrenkopf Frank J Jr director ONE CORPORATE CENTER, RYE NY 10580
Mather Courtney director C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Sandra Douglass Morgan director 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
Quatmann Edmund L Jr officer: See Remarks 600 EMERSON ROAD, SUITE 300, ST. LOUIS MO 63141
Josh Jones officer: Chief Marketing Officer 100 W. LIBERTY ST., 12TH FLOOR, RENO NV 89501
Anthony L. Carano officer: President and COO 100 WEST LIBERTY STREET, RENO NV 89501
Gary L. Carano director, officer: Exec. Chairman of the Board 100 WEST LIBERTY STREET, 11TH FLOOR, RENO NV 89501
Bonnie Biumi director RETAIL PROPERTIES OF AMERICA, INC., 2021 SPRING ROAD, SUITE 200, OAK BROOK IL 60523
Jones Blackhurst Janis L director ONE CAESARS PALACE DRIVE, LAS VEGAS NV 89109
James B Hawkins director C/O IRADIMED CORPORATION, 1025 WILLA SPRINGS DR., WINTER SPRINGS FL 32708