Flutter Entertainment (Flutter Entertainment) PB Ratio : 3.27 (As of Apr. 28, 2024)

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What is Flutter Entertainment PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-04-28), Flutter Entertainment's share price is $185.47. Flutter Entertainment's Book Value per Share for the quarter that ended in Dec. 2023 was $56.74. Hence, Flutter Entertainment's PB Ratio of today is 3.27.

The historical rank and industry rank for Flutter Entertainment's PB Ratio or its related term are showing as below:

FLUT' s PB Ratio Range Over the Past 10 Years
Min: 1.08 Med: 2.4 Max: 93.82
Current: 3.33

During the past 13 years, Flutter Entertainment's highest PB Ratio was 93.82. The lowest was 1.08. And the median was 2.40.

FLUT's PB Ratio is ranked worse than
73.02% of 756 companies
in the Travel & Leisure industry
Industry Median: 1.74 vs FLUT: 3.33

During the past 12 months, Flutter Entertainment's average Book Value Per Share Growth Rate was -12.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -11.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -1.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 32.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Flutter Entertainment was 255.00% per year. The lowest was -38.60% per year. And the median was 21.55% per year.

Back to Basics: PB Ratio

Flutter Entertainment PB Ratio Historical Data

The historical data trend for Flutter Entertainment's PB 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.

* Premium members only.

Flutter Entertainment PB Ratio Chart

Flutter Entertainment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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1.72

2.41

2.00

2.15

3.15

Flutter Entertainment Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial															2.00	1.45	2.15	2.72	3.15

Competitive Comparison of Flutter Entertainment's PB Ratio

For the Gambling subindustry, Flutter Entertainment's PB Ratio, along with its competitors' market caps and PB 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.

Flutter Entertainment's PB Ratio Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Flutter Entertainment's PB Ratio falls into.

Flutter Entertainment PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Flutter Entertainment's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	185.47	/	56.743
	=	3.27

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Flutter Entertainment (NYSE:FLUT) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

Flutter Entertainment PB Ratio Related Terms

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Flutter Entertainment (Flutter Entertainment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Flutter Entertainment PLC (NYSE:FLUT) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

PDYPY:USA FLTR:Ireland FLTRl:UK FLTR:UK PPB:Germany

Address

Beech Hill Road, Belfield Office Park, Clonskeagh, Dublin, IRL, 4

Website

https://www.flutter.com

Flutter Entertainment PLC is a global sports betting, gaming, and entertainment provider. The company's segments include PBB Online, which provides betting apps in over 100 countries as well as business-to-business risk and trading services; Australia, which consists of the Sportsbet Australian brand for betting on national sporting events; U.S., which includes betting apps, retail-only betting, and daily fantasy sports; and PBB Retail, which includes betting shops in the U.K. and Ireland and an accompanying app. PBB Online makes up the largest revenue segment.