CZR (Caesars Entertainment) EV-to-EBITDA: 9.24 (As of Aug. 05, 2026) — 26% Below Median

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CZR Caesars Entertainment Inc CZR
80 GF Score
Price $30.11
GF Value $36.21
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is Caesars Entertainment EV-to-EBITDA?

Caesars Entertainment CZR -0.07% 80 EV-to-EBITDA is 9.24 as of Aug. 05, 2026, which is 26% below its 10-year median of 12.41. GuruFocus rates CZR with a GF Score™ of 80/100 and a GF Value™ of $36.21 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 698 Travel & Leisure companies, Caesars Entertainment ranks better than 53.3% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Caesars Entertainment's enterprise value is $30,200 Mil. Caesars Entertainment's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $3,270 Mil. Therefore, Caesars Entertainment's EV-to-EBITDA for today is 9.24.

The historical rank and industry rank for Caesars Entertainment's EV-to-EBITDA or its related term are showing as below:

CZR' s EV-to-EBITDA Range Over the Past 10 Years
Min: -572.04   Med: 12.41   Max: 255.11
Current: 9.24

During the past 13 years, the highest EV-to-EBITDA of Caesars Entertainment was 255.11. The lowest was -572.04. And the median was 12.41.

CZR's EV-to-EBITDA is ranked better than
53.3% of 698 companies
in the Travel & Leisure industry
Industry Median: 9.775 vs CZR: 9.24

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-08-05), Caesars Entertainment's stock price is $30.105. Caesars Entertainment's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $-2.280. Therefore, Caesars Entertainment's PE Ratio (TTM) for today is At Loss.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Caesars Entertainment  (NAS:CZR) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Caesars Entertainment's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=30.105/-2.280
=At Loss

Caesars Entertainment's share price for today is $30.105.
Caesars Entertainment's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.280.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Caesars Entertainment EV-to-EBITDA Related Terms


Caesars Entertainment EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Caesars Entertainment's EV-to-EBITDA 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 EV-to-EBITDA Chart

Caesars Entertainment Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.87 11.44 9.66 8.80 8.79

Caesars Entertainment Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBITDA 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 8.18 8.28 8.79 9.00 9.24

CZR vs BYD, MTN, HGV: EV-to-EBITDA Comparison

For the Resorts & Casinos subindustry, Caesars Entertainment's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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 EV-to-EBITDA vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Caesars Entertainment's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Caesars Entertainment's EV-to-EBITDA falls into.


CZR
80GF Score
Caesars Entertainment Inc CZR
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Caesars Entertainment EV-to-EBITDA Calculation

Caesars Entertainment's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=30199.986/3270
=9.24

Caesars Entertainment's current Enterprise Value is $30,200 Mil.
Caesars Entertainment's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,270 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 9.24 mean?
Caesars Entertainment (CZR) has a EV-to-EBITDA of 9.24 as of Aug. 05, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Caesars Entertainment. This is 26% below median its historical median of 12.41. According to the industry distribution chart, Caesars Entertainment ranks #326 out of 698 companies in the Travel & Leisure industry, placing it in the top 46.7%.
Is Caesars Entertainment's EV-to-EBITDA too high?
Caesars Entertainment's current EV-to-EBITDA of 9.24 is 26% below median its 10-year median of 12.41. The Travel & Leisure industry median EV-to-EBITDA is 9.78. Caesars Entertainment's value of 9.24 is 5.5% below this industry median. Based on the distribution chart, Caesars Entertainment ranks #326 out of 698 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Caesars Entertainment has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Caesars Entertainment's EV-to-EBITDA compare to BYD and MTN?
According to the Travel & Leisure industry distribution chart, Caesars Entertainment ranks #326 out of 698 companies for EV-to-EBITDA. This puts Caesars Entertainment in the upper half of its industry. The industry median EV-to-EBITDA is 9.78. Caesars Entertainment's value of 9.24 is 5.5% below this benchmark. While the company's 10-year median is 12.41 vs. the industry median of 9.78, Caesars Entertainment has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Travel & Leisure company?
The median EV-to-EBITDA among Travel & Leisure companies is 9.78, based on 698 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Caesars Entertainment's current EV-to-EBITDA of 9.24 is 5.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Caesars Entertainment. For the Travel & Leisure industry, the median EV-to-EBITDA is 9.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Caesars Entertainment's current EV-to-EBITDA is 9.24, which is 26% below median its own 10-year median of 12.41. 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 (CZR) is currently considered Modestly Undervalued. The stock's GF Value™ is $36.21, compared to a current price of $30.11 — trading 16.9% below its estimated fair value. The current EV-to-EBITDA is 9.24, which is 26% below median its 10-year median of 12.41 and 5.5% below the Travel & Leisure industry median of 9.78. Caesars Entertainment's overall GF Score™ is 80/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Caesars Entertainment (CZR), the current EV-to-EBITDA is 9.24 as of Aug. 05, 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 (CZR) Overvalued in 2026?

Based on GuruFocus' analysis, Caesars Entertainment stock appears to be undervalued. The current stock price of $30.11 is trading 16.9% below its estimated GF Value™ of $36.21. GuruFocus considers Caesars Entertainment to be Modestly Undervalued.

Key valuation signals for CZR:

  • EV-to-EBITDA: 9.24 (26% below median its 10-year median of 12.41)
  • GF Value™: $36.21 vs. price of $30.11 (16.9% below fair value)
  • GF Score™: 80/100 with 8 warning signs
  • Industry Position: 5.5% below the Travel & Leisure median (#326 of 698)

No single metric tells the full story. See the CZR 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.
80GF Score

Get the complete analysis for CZR

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

$30.11
Price
$36.21
GF Value