Caesars EntertainmentFRA:2ER +1.46%79 PB Ratio is 1.78 as of Jun. 25, 2026, which is 33% below its 10-year median of 2.64. GuruFocus rates FRA:2ER with a GF Score™ of 79/100 and a GF Value™ of €33.46 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 795 Travel & Leisure companies, Caesars Entertainment ranks worse than 55.85% on this metric.
Caesars Entertainment Inc stock PB Ratio (=1.76) is close to 1-year high of 1.76.
The historical rank and industry rank for Caesars Entertainment's PB Ratio or its related term are showing as below:
FRA:2ER'
s PB Ratio Range Over the Past 10 Years
Min: 0.61 Med: 2.64 Max: 5.23
Current: 1.76
During the past 13 years, Caesars Entertainment's highest PB Ratio was 5.23. The lowest was 0.61. And the median was 2.64.
FRA:2ER's PB Ratio is ranked worse than 55.85% of 795
companies
in the Travel & Leisure industry
Industry Median: 1.49
vs FRA:2ER: 1.76
During the past 12 months, Caesars Entertainment's average Book Value Per Share Growth Rate was -12.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -4.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 12.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Caesars Entertainment was 57.30% per year. The lowest was -4.40% per year. And the median was 20.85% per year.
Back to Basics: PB Ratio
Caesars Entertainment (FRA:2ER) PB Ratio Explanation
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.
* 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.
For the Resorts & Casinos subindustry, Caesars 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.
Caesars Entertainment PB Ratio vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Caesars Entertainment's PB Ratio distribution charts can be found below:
* The bar in red indicates where Caesars Entertainment's PB Ratio falls into.
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.
* 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.
It can also be calculated from the numbers for the whole company:
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.
Caesars Entertainment (FRA:2ER) has a PB Ratio of 1.78 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Caesars Entertainment and its competitors. This is 33% below median its historical median of 2.64. Over the past decade, Caesars Entertainment's PB Ratio has ranged from 0.61 to 5.23. According to the industry distribution chart, Caesars Entertainment ranks #444 out of 795 companies in the Travel & Leisure industry, placing it in the top 55.8%.
Is Caesars Entertainment's PB Ratio too high?
Caesars Entertainment's current PB Ratio of 1.78 is 33% below median its 10-year median of 2.64. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 5.23. The Travel & Leisure industry median PB Ratio is 1.49. Caesars Entertainment's value of 1.78 is 19.5% above this industry median. Based on the distribution chart, Caesars Entertainment ranks #444 out of 795 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Caesars Entertainment has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Caesars Entertainment's PB Ratio compare to BYD and MTN?
According to the Travel & Leisure industry distribution chart, Caesars Entertainment ranks #444 out of 795 companies for PB Ratio. This places Caesars Entertainment in the lower half of its industry. The industry median PB Ratio is 1.49. Caesars Entertainment's value of 1.78 is 19.5% above this benchmark. Historically, Caesars Entertainment's own PB Ratio has ranged from 0.61 to 5.23 over the past decade. While the company's 10-year median is 2.64 vs. the industry median of 1.49, Caesars Entertainment has consistently been above 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 PB Ratio for a Travel & Leisure company?
The median PB Ratio among Travel & Leisure companies is 1.49, based on 795 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Caesars Entertainment's current PB Ratio of 1.78 is 19.5% above 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Caesars Entertainment and its competitors. For the Travel & Leisure industry, the median PB Ratio is 1.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Caesars Entertainment's current PB Ratio is 1.78, which is 33% below median its own 10-year median of 2.64. 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 (FRA:2ER) is currently considered Modestly Undervalued. The stock's GF Value™ is €33.46, compared to a current price of €25.79 — trading 22.9% below its estimated fair value. The current PB Ratio is 1.78, which is 33% below median its 10-year median of 2.64 and 19.5% above the Travel & Leisure industry median of 1.49. Caesars Entertainment's overall GF Score™ is 79/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Caesars Entertainment (FRA:2ER), the current PB Ratio is 1.78 as of Jun. 25, 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 (FRA:2ER) Overvalued in 2026?
Based on GuruFocus' analysis, Caesars Entertainment stock appears to be undervalued.
The current stock price of €25.79 is trading 22.9% below its estimated GF Value™ of €33.46.
GuruFocus considers Caesars Entertainment to be Modestly Undervalued.
Key valuation signals for FRA:2ER:
PB Ratio: 1.78 (33% below median its 10-year median of 2.64)
GF Value™: €33.46 vs. price of €25.79 (22.9% below fair value)
Industry Position: 19.5% above the Travel & Leisure median (#444 of 795)
No single metric tells the full story. See the FRA:2ER stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
79GF Score
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