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Light & Wonder (ASX:LNW) Shiller PE Ratio : 1,150.69 (As of Jun. 06, 2024)


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What is Light & Wonder Shiller PE Ratio?

As of today (2024-06-06), Light & Wonder's current share price is A$149.59. Light & Wonder's E10 for the quarter that ended in Mar. 2024 was A$0.13. Light & Wonder's Shiller PE Ratio for today is 1,150.69.

The historical rank and industry rank for Light & Wonder's Shiller PE Ratio or its related term are showing as below:

ASX:LNW' s Shiller PE Ratio Range Over the Past 10 Years
Min: 218.6   Med: 1240.88   Max: 1669
Current: 1208.78

During the past years, Light & Wonder's highest Shiller PE Ratio was 1669.00. The lowest was 218.60. And the median was 1240.88.

ASX:LNW's Shiller PE Ratio is ranked worse than
98.49% of 397 companies
in the Travel & Leisure industry
Industry Median: 25.32 vs ASX:LNW: 1208.78

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Light & Wonder's adjusted earnings per share data for the three months ended in Mar. 2024 was A$1.342. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is A$0.13 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Light & Wonder Shiller PE Ratio Historical Data

The historical data trend for Light & Wonder's Shiller 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.

* Premium members only.

Light & Wonder Shiller PE Ratio Chart

Light & Wonder Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Light & Wonder Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Shiller PE Ratio 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 - - - - 1,239.12

Competitive Comparison of Light & Wonder's Shiller PE Ratio

For the Gambling subindustry, Light & Wonder'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.


Light & Wonder's Shiller PE Ratio Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Light & Wonder's Shiller PE Ratio falls into.



Light & Wonder Shiller PE Ratio Calculation

For Shiller PE Ratio, 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 PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Light & Wonder's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=149.59/0.13
=1,150.69

* 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.

Light & Wonder's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Light & Wonder's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.342/131.7762*131.7762
=1.342

Current CPI (Mar. 2024) = 131.7762.

Light & Wonder Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 -0.918 100.560 -1.203
201409 -0.907 100.428 -1.190
201412 -0.666 99.070 -0.886
201503 -1.308 99.621 -1.730
201506 -1.542 100.684 -2.018
201509 -17.741 100.392 -23.287
201512 -2.042 99.792 -2.696
201603 -1.426 100.470 -1.870
201606 -0.797 101.688 -1.033
201609 -1.488 101.861 -1.925
201612 -1.715 101.863 -2.219
201703 -1.496 102.862 -1.917
201706 -0.582 103.349 -0.742
201709 -0.828 104.136 -1.048
201712 -0.628 104.011 -0.796
201803 -2.887 105.290 -3.613
201806 -0.080 106.317 -0.099
201809 -5.344 106.507 -6.612
201812 3.083 105.998 3.833
201903 -0.367 107.251 -0.451
201906 -1.195 108.070 -1.457
201909 0.220 108.329 0.268
201912 -0.668 108.420 -0.812
202003 -2.718 108.902 -3.289
202006 -3.115 108.767 -3.774
202009 -1.702 109.815 -2.042
202012 -1.262 109.897 -1.513
202103 -0.208 111.754 -0.245
202106 1.478 114.631 1.699
202109 2.517 115.734 2.866
202112 1.328 117.630 1.488
202203 0.353 121.301 0.383
202206 49.250 125.017 51.913
202209 5.127 125.227 5.395
202212 0.474 125.222 0.499
202303 0.345 127.348 0.357
202306 -0.015 128.729 -0.015
202309 1.260 129.860 1.279
202312 1.076 129.419 1.096
202403 1.342 131.776 1.342

Add all the adjusted EPS together and divide 10 will get our 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.


Light & Wonder  (ASX:LNW) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Light & Wonder Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Light & Wonder's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Light & Wonder (ASX:LNW) Business Description

Traded in Other Exchanges
Address
6601 Bermuda Road, Las Vegas, NV, USA, 89119
Light & Wonder is principally an electronic gaming machine manufacturer, selling machines to pubs, clubs, and casinos. The firm is licensed in most jurisdictions allowing gambling globally. Light & Wonder is one of the top three largest players in the space along with International Game Technology and Aristocrat Leisure. SciPlay, about a quarter of revenue, develops and distributes casual mobile games, principally in the social casino niche. The more nascent iGaming business sits between these two businesses, providing digital content and capabilities to real-money gaming providers.