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Shares of Caesars Entertai Rank the Highest in Terms of Forward P/E Ratio in the Casinos & Gaming Industry (CZR, SGMS, PNK, MCRI, ERI)

By Amy Schwartz

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.

Caesars Entertai ranks highest with a a forward P/E ratio of 35.85. Following is Scientific Gam-A with a a forward P/E ratio of 34.48. 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 20.42, and Eldorado Resorts rounds out the top five with a a forward P/E ratio of 16.87.

SmarTrend recommended that subscribers consider buying shares of Caesars Entertai on April 17th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $9.55. Since that recommendation, shares of Caesars Entertai have risen 21.3%. We continue to monitor Caesars Entertai for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

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