Question:

What is a typical P/E ratio for casinos?

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What is a typical P/E ratio for casinos?

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  1. Resorts & Casinos Industry Statistics from Yahoo! Finance:

    Price / Earnings: 28.8

    Here are also some individual P/E samples:

    Global Casinos Inc. 60

    Wynn Resorts Ltd. 24.163

    Vail Resorts Inc. 20.768

    Boyd Gaming Corp. 19.492

    Full House Resorts Inc. 18.966

    Penn National Gaming Inc. 17.804

    Century Casinos Inc. 16.178

    Table Trac Inc. 14.286

    Monarch Casino & Resort Inc. 13.593

    MGM Mirage 6.918

    Nevada Gold & Casinos Inc. 0.628

    http://biz.yahoo.com/ic/711.html


  2. In Australia the P/E ratio for the industry group is 10.9 It may be more in USA or Europe.

    Many astute investors will only buy shares when the P/E ratio is less than 10%, and providing the company also matches up to their other criteria.

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