Caesars Entertainment (FRA:2ER) Forward PE Ratio : 11.81 (As of Apr. 29, 2024)

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What is Caesars Entertainment Forward PE Ratio?

Caesars Entertainment's Forward PE Ratio for today is 11.81.

Caesars Entertainment's PE Ratio without NRI for today is 7.93.

Caesars Entertainment's PE Ratio for today is 10.09.

Caesars Entertainment Forward PE Ratio Historical Data

The historical data trend for Caesars Entertainment's Forward PE Ratio 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.

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Caesars Entertainment Forward PE Ratio Chart

Caesars Entertainment Annual Data

Trend

2017-12

2018-12

2019-12

2020-05

2021-12

2022-12

2023-12

2024-04

Forward PE Ratio

17.39

11.59

26.95

10.98

35.59

19.61

12.67

12.17

Caesars Entertainment Quarterly Data
	2017-03	2017-06	2017-09	2017-12	2018-03	2018-06	2018-09	2018-12	2019-03	2019-06	2019-09	2019-12	2020-03	2021-09	2021-12	2022-03	2022-09	2022-12	2023-03	2023-06	2023-09	2023-12	2024-03
Forward PE Ratio	28.74	38.91	14.08	17.39	16.18	21.01	18.15	11.59	16.95	20.66	15.80	26.95	8.26	104.17	35.59	33.11	11.98	19.61	109.89	56.50	11.99	12.67	13.32

Competitive Comparison of Caesars Entertainment's Forward PE Ratio

For the Resorts & Casinos subindustry, Caesars Entertainment's Forward PE Ratio, along with its competitors' market caps and Forward 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 Forward PE Ratio Distribution in the Travel & Leisure Industry

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

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

Caesars Entertainment Forward PE Ratio Calculation

It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.

Caesars Entertainment (FRA:2ER) Forward PE Ratio Explanation

The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.

Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .

Caesars Entertainment Forward PE Ratio Related Terms

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Caesars Entertainment (FRA:2ER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Caesars Entertainment Inc (FRA:2ER) » Definitions » Forward PE Ratio

Comparable Companies

Traded in Other Exchanges

CZR:USA 2ER:Germany

Address

100 West Liberty Street, 12th Floor, Reno, NV, USA, 89501

Website

https://www.caesars.com

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.

Caesars Entertainment (FRA:2ER) Headlines

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