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Churchill Downs has the Lowest P/E Ratio in the Casinos & Gaming Industry (CHDN, LVS, CNTY, WYNN, BYD)

By Nick Russo

Below are the three companies in the Casinos & Gaming industry with the lowest price to earnings (P/E) ratios. P/E is an important valuation tool when comparing companies in the same industry. A higher P/E ratio means that investors are paying more for each unit of net income, so the stock is more expensive compared to one with a lower P/E ratio.

Churchill Downs ranks lowest with a a P/E ratio of 17.80. Following is Las Vegas Sands with a a P/E ratio of 18.24. Century Casinos ranks third lowest with a a P/E ratio of 18.41.

Wynn Resorts Ltd follows with a a P/E ratio of 21.16, and Boyd Gaming Corp rounds out the bottom five with a a P/E ratio of 28.34.

SmarTrend is tracking the current trend status for Churchill Downs and will alert subscribers who have CHDN in their portfolio or watchlist when shares have changed trend direction.

Keywords: lowest p/e ratio churchill downs Las Vegas Sands century casinos wynn resorts ltd boyd gaming corp