GDEN (Golden Entertainment) E10: $1.14 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

GDEN Golden Entertainment Inc GDEN
42 GF Score
Price $28.55
GF Value $27.99
! 8 Warning Signs
View Full Analysis

What is Golden Entertainment E10?

Golden Entertainment GDEN 42 E10 is $1.14 as of Dec. 2025. GuruFocus rates GDEN with a GF Score™ of 42/100 and a GF Value™ of $27.99. The stock has 8 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.

Golden Entertainment's adjusted earnings per share data for the three months ended in Dec. 2025 was $-0.330. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.14 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Golden Entertainment's average E10 Growth Rate was -10.90% per year. During the past 3 years, the average E10 Growth Rate was 81.70% 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 Golden Entertainment was 81.70% per year. The lowest was -16.60% per year. And the median was 5.90% per year.

As of today (2026-08-23), Golden Entertainment's current stock price is $28.55. Golden Entertainment's E10 for the quarter that ended in Dec. 2025 was $1.14. Golden Entertainment's Shiller PE Ratio of today is 25.04.

During the past 13 years, the highest Shiller PE Ratio of Golden Entertainment was 2005.00. The lowest was 15.30. And the median was 38.88.


Golden Entertainment  (NAS:GDEN) 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.

Golden Entertainment's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=28.55/1.14
=25.04

* 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 Shiller P/E Ratio of Golden Entertainment was 2005.00. The lowest was 15.30. And the median was 38.88.


Be Aware

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


Golden Entertainment E10 Related Terms


Golden Entertainment E10 Historical Data

* Premium members only.

The historical data trend for Golden 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.

Golden Entertainment E10 Chart

Golden 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 -0.04 0.19 0.84 1.28 1.14

Golden Entertainment Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 1.28 1.32 1.35 1.32 1.14

GDEN vs BALY, MSC, FLL: E10 Comparison

For the Resorts & Casinos subindustry, Golden 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.


Golden Entertainment Shiller PE Ratio vs Travel & Leisure Industry

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

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


GDEN
42GF Score
Golden Entertainment Inc GDEN
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Golden 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, Golden Entertainment's adjusted earnings per share data for the three months ended in Dec. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=-0.33/324.0540*324.0540
=-0.330

Current CPI (Dec. 2025) = 324.0540.

Golden Entertainment Quarterly Data

per share eps CPI Adj_EPS
201603 0.100 238.132 0.136
201606 0.120 241.018 0.161
201609 0.060 241.428 0.081
201612 0.440 241.432 0.591
201703 0.230 243.801 0.306
201706 0.070 244.955 0.093
201709 0.360 246.819 0.473
201712 -0.530 246.524 -0.697
201803 0.130 249.554 0.169
201806 0.120 251.989 0.154
201809 -0.110 252.439 -0.141
201812 -0.900 251.233 -1.161
201903 -0.290 254.202 -0.370
201906 -0.520 256.143 -0.658
201909 -0.340 256.759 -0.429
201912 -0.280 256.974 -0.353
202003 -1.170 258.115 -1.469
202006 -2.800 257.797 -3.520
202009 -0.250 260.280 -0.311
202012 -0.660 260.474 -0.821
202103 0.350 264.877 0.428
202106 3.260 271.696 3.888
202109 0.910 274.310 1.075
202112 0.590 278.802 0.686
202203 1.120 287.504 1.262
202206 0.670 296.311 0.733
202209 0.450 296.808 0.491
202212 0.350 296.797 0.382
202303 0.380 301.836 0.408
202306 0.400 305.109 0.425
202309 7.830 307.789 8.244
202312 -0.320 306.746 -0.338
202403 1.370 312.332 1.421
202406 0.020 314.175 0.021
202409 0.180 315.301 0.185
202412 0.100 315.605 0.103
202503 0.090 319.799 0.091
202506 0.170 322.561 0.171
202509 -0.180 324.800 -0.180
202512 -0.330 324.054 -0.330

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 $1.14 mean?
Golden Entertainment (GDEN) has a E10 of $1.14 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Golden Entertainment and its competitors.
Is Golden Entertainment's E10 too high?
Golden Entertainment's current E10 is $1.14. Overall, Golden Entertainment has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Golden Entertainment's E10 compare to BALY and MSC?
Golden Entertainment's E10 of $1.14 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 Golden Entertainment and its competitors. Golden Entertainment's current E10 is $1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Entertainment stock overvalued right now?
Golden Entertainment (GDEN) has a current E10 of $1.14. The stock's GF Value™ is $27.99, compared to a current price of $28.55 — trading 2% above its estimated fair value. The current E10 is $1.14. Golden Entertainment's overall GF Score™ is 42/100 with 8 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 Golden Entertainment (GDEN), the current E10 is $1.14 as of Dec. 2025. 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 Golden Entertainment (GDEN) Overvalued in 2026?

Based on GuruFocus' analysis, Golden Entertainment stock appears to be overvalued. The current stock price of $28.55 is trading 2% above its estimated GF Value™ of $27.99.

Key valuation signals for GDEN:

  • E10: $1.14
  • GF Value™: $27.99 vs. price of $28.55 (2% above fair value)
  • GF Score™: 42/100 with 8 warning signs

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


Golden Entertainment Business Description

Address 6595 S Jones Boulevard, Las Vegas, NV, USA, 89118
Golden Entertainment Inc is a U.S. based company that focuses on distributed gaming, casino, and resort operations. Its reportable segments are Nevada Casino Resorts, Nevada Locals Casinos, Nevada Taverns. The majority of the revenue for the company is generated from its Nevada Casino Resorts segment, which is comprised of destination casino resort properties offering a variety of food and beverage outlets, entertainment venues, and other amenities.
42GF Score

Get the complete analysis for GDEN

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

$28.55
Price
$27.99
GF Value