PENN Entertainment (FRA:PN1) E10: €-0.41 (As of Mar. 2026)


FRA:PN1 PENN Entertainment Inc FRA:PN1
75 GF Score
Price €19.20
GF Value €20.96
Valuation Fairly Valued
! 10 Warning Signs
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What is PENN Entertainment E10?

PENN Entertainment FRA:PN1 75 E10 is €-0.41 as of Mar. 2026. GuruFocus rates FRA:PN1 with a GF Score™ of 75/100 and a GF Value™ of €20.96 (Fairly Valued). The stock has 10 warning signs investors should review.

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.

PENN Entertainment's adjusted earnings per share data for the three months ended in Mar. 2026 was €-0.017. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-0.41 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PENN Entertainment's average E10 Growth Rate was -355.00% per year. During the past 3 years, the average E10 Growth Rate was 25.90% 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 E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of PENN Entertainment was 54.60% per year. The lowest was -49.30% per year. And the median was 9.20% per year.

As of today (2026-07-01), PENN Entertainment's current stock price is €19.20. PENN Entertainment's E10 for the quarter that ended in Mar. 2026 was €-0.41. PENN Entertainment's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of PENN Entertainment was 174.85. The lowest was 71.45. And the median was 100.47.


PENN Entertainment  (FRA:PN1) 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.

During the past 13 years, the highest Shiller P/E Ratio of PENN Entertainment was 174.85. The lowest was 71.45. And the median was 100.47.


Be Aware

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


PENN Entertainment E10 Related Terms


PENN Entertainment E10 Historical Data

* Premium members only.

The historical data trend for PENN 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.

PENN Entertainment E10 Chart

PENN Entertainment Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.78 -1.04 -0.13 0.12 -0.39

PENN Entertainment Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.19 0.17 -0.36 -0.39 -0.41

FRA:PN1 vs VAC, MCRI, RRR: E10 Comparison

For the Resorts & Casinos subindustry, PENN 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.


PENN Entertainment Shiller PE Ratio vs Travel & Leisure Industry

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

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


FRA:PN1
75GF Score
PENN Entertainment Inc FRA:PN1
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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PENN 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, PENN Entertainment's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-0.017/330.2130*330.2130
=-0.017

Current CPI (Mar. 2026) = 330.2130.

PENN Entertainment Quarterly Data

per share eps CPI Adj_EPS
201606 0.329 241.018 0.451
201609 0.454 241.428 0.621
201612 0.047 241.432 0.064
201703 0.056 243.801 0.076
201706 0.160 244.955 0.216
201709 7.073 246.819 9.463
201712 -2.873 246.524 -3.848
201803 0.389 249.554 0.515
201806 0.488 251.989 0.639
201809 0.326 252.439 0.426
201812 -0.325 251.233 -0.427
201903 0.310 254.202 0.403
201906 0.389 256.143 0.501
201909 0.345 256.759 0.444
201912 -0.720 256.974 -0.925
202003 -4.760 258.115 -6.090
202006 -1.501 257.797 -1.923
202009 0.790 260.280 1.002
202012 0.058 260.474 0.074
202103 0.462 264.877 0.576
202106 0.971 271.696 1.180
202109 0.442 274.310 0.532
202112 0.230 278.802 0.272
202203 0.263 287.504 0.302
202206 0.142 296.311 0.158
202209 0.727 296.808 0.809
202212 0.123 296.797 0.137
202303 2.849 301.836 3.117
202306 0.443 305.109 0.479
202309 -4.498 307.789 -4.826
202312 -2.173 306.746 -2.339
202403 -0.699 312.332 -0.739
202406 -0.167 314.175 -0.176
202409 -0.216 315.301 -0.226
202412 -0.840 315.605 -0.879
202503 0.629 319.799 0.649
202506 -0.104 322.561 -0.106
202509 -5.138 324.800 -5.224
202512 -0.470 324.054 -0.479
202603 -0.017 330.213 -0.017

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

Frequently Asked Questions Learn more about E10 →
What does a E10 of €-0.41 mean?
PENN Entertainment (FRA:PN1) has a E10 of €-0.41 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on PENN Entertainment and its competitors.
Is PENN Entertainment's E10 too high?
PENN Entertainment's current E10 is €-0.41. Overall, PENN Entertainment has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PENN Entertainment's E10 compare to VAC and MCRI?
PENN Entertainment's E10 of €-0.41 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 E10 for a Travel & Leisure company?
A good E10 depends on the Travel & Leisure industry context. However, E10 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 E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on PENN Entertainment and its competitors. PENN Entertainment's current E10 is €-0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PENN Entertainment stock overvalued right now?
Based on GuruFocus' analysis, PENN Entertainment (FRA:PN1) is currently considered Fairly Valued. The stock's GF Value™ is €20.96, compared to a current price of €19.20 — trading 8.4% below its estimated fair value. The current E10 is €-0.41. PENN Entertainment's overall GF Score™ is 75/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For PENN Entertainment (FRA:PN1), the current E10 is €-0.41 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 PENN Entertainment (FRA:PN1) Overvalued in 2026?

Based on GuruFocus' analysis, PENN Entertainment stock appears to be undervalued. The current stock price of €19.20 is trading 8.4% below its estimated GF Value™ of €20.96. GuruFocus considers PENN Entertainment to be Fairly Valued.

Key valuation signals for FRA:PN1:

  • E10: €-0.41
  • GF Value™: €20.96 vs. price of €19.20 (8.4% below fair value)
  • GF Score™: 75/100 with 10 warning signs

No single metric tells the full story. See the FRA:PN1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PENN Entertainment Business Description

Address 825 Berkshire Boulevard, Suite 200, Wyomissing, PA, USA, 19610
Penn Entertainment's origins date back to its 1972 racetrack opening in Pennsylvania. Today, Penn operates 42 properties across 20 states and 12 brands, including Hollywood Casino and Ameristar. Land-based casinos represented 81% of total sales in 2025; 19% was from the interactive segment, which includes sports, i-gaming, and media revenue. The retail portfolio generates low-30s EBITDAR margins and helps position the company to obtain licenses for the digital wagering markets. Additionally, Penn's media asset, theScore, provides access to sports betting/i-gaming technology and clientele, helping it form a leading digital position.
75GF Score

Get the complete analysis for FRA:PN1

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€19.20
Price
€20.96
GF Value