• Return to Headlines

Scientific Gam-A is Among the Companies in the Casinos & Gaming Industry With the Highest Forward P/E Ratio (SGMS, CZR, PNK, MCRI, ERI)

By James Quinn

Below are the three companies in the Casinos & Gaming industry with the highest forward price to earnings (P/E) ratios. Forward P/E uses estimated earnings to compare relative value among companies in the same industry. Generally, the lower the forward P/E, the more undervalued a company is believed to be.

Scientific Gam-A ranks highest with a a forward P/E ratio of 32.56. Following is Caesars Entertai with a a forward P/E ratio of 25.39. Pinnacle Enterta ranks third highest with a a forward P/E ratio of 22.02.

Monarch Casino follows with a a forward P/E ratio of 19.16, and Eldorado Resorts rounds out the top five with a a forward P/E ratio of 18.09.

SmarTrend recommended that subscribers consider buying shares of Monarch Casino on January 4th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $38.38. Since that recommendation, shares of Monarch Casino have risen 13.0%. We continue to monitor Monarch Casino for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest forward p/e ratio scientific gam-a caesars entertai pinnacle enterta monarch casino eldorado resorts

Ticker(s): SGMS CZR PNK MCRI ERI