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Caesars Entertainment (LTS:0A78) Cyclically Adjusted PS Ratio : 0.99 (As of Jun. 05, 2024)


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What is Caesars Entertainment Cyclically Adjusted PS Ratio?

As of today (2024-06-05), Caesars Entertainment's current share price is $35.28. Caesars Entertainment's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $35.69. Caesars Entertainment's Cyclically Adjusted PS Ratio for today is 0.99.

The historical rank and industry rank for Caesars Entertainment's Cyclically Adjusted PS Ratio or its related term are showing as below:

LTS:0A78' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.94   Med: 1.4   Max: 1.85
Current: 1

During the past years, Caesars Entertainment's highest Cyclically Adjusted PS Ratio was 1.85. The lowest was 0.94. And the median was 1.40.

LTS:0A78's Cyclically Adjusted PS Ratio is ranked better than
63.22% of 639 companies
in the Travel & Leisure industry
Industry Median: 1.45 vs LTS:0A78: 1.00

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Caesars Entertainment's adjusted revenue per share data for the three months ended in Mar. 2024 was $12.694. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $35.69 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Caesars Entertainment Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Caesars Entertainment's Cyclically Adjusted PS 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.

Caesars Entertainment Cyclically Adjusted PS Ratio Chart

Caesars Entertainment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 1.38

Caesars Entertainment Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS 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 1.60 1.62 1.41 1.38 1.23

Competitive Comparison of Caesars Entertainment's Cyclically Adjusted PS Ratio

For the Resorts & Casinos subindustry, Caesars Entertainment's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Caesars Entertainment's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Caesars Entertainment's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Caesars Entertainment's Cyclically Adjusted PS Ratio falls into.



Caesars Entertainment Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Caesars Entertainment's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=35.28/35.69
=0.99

* 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.

Caesars Entertainment's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Caesars Entertainment's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=12.694/131.7762*131.7762
=12.694

Current CPI (Mar. 2024) = 131.7762.

Caesars Entertainment Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.330 100.560 1.743
201409 3.028 100.428 3.973
201412 3.534 99.070 4.701
201503 3.601 99.621 4.763
201506 3.914 100.684 5.123
201509 3.925 100.392 5.152
201512 3.864 99.792 5.102
201603 4.493 100.470 5.893
201606 4.847 101.688 6.281
201609 5.050 101.861 6.533
201612 4.497 101.863 5.818
201703 4.209 102.862 5.392
201706 5.569 103.349 7.101
201709 6.066 104.136 7.676
201712 5.311 104.011 6.729
201803 5.638 105.290 7.056
201806 5.837 106.317 7.235
201809 6.224 106.507 7.701
201812 8.682 105.998 10.793
201903 8.090 107.251 9.940
201906 8.093 108.070 9.868
201909 8.392 108.329 10.208
201912 7.494 108.420 9.108
202003 6.064 108.902 7.338
202006 1.588 108.767 1.924
202009 9.493 109.815 11.391
202012 7.618 109.897 9.135
202103 8.615 111.754 10.158
202106 11.858 114.631 13.632
202109 12.547 115.734 14.286
202112 12.280 117.630 13.757
202203 10.710 121.301 11.635
202206 13.121 125.017 13.830
202209 13.428 125.227 14.130
202212 13.182 125.222 13.872
202303 13.163 127.348 13.621
202306 13.329 128.729 13.645
202309 13.861 129.860 14.066
202312 13.079 129.419 13.317
202403 12.694 131.776 12.694

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

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.


Caesars Entertainment  (LTS:0A78) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Caesars Entertainment Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Caesars Entertainment's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Caesars Entertainment (LTS:0A78) Business Description

Traded in Other Exchanges
Address
100 West Liberty Street, 12th Floor, Reno, NV, USA, 89501
Caesars Entertainment includes about 50 domestic gaming properties across Las Vegas (58% of 2022 EBITDAR before corporate and digital expenses) and regional (59%) markets. Additionally, the company hosts managed properties and digital assets, the later of which produced material EBITDA losses in 2022. Caesars' U.S. presence roughly doubled with the 2020 acquisition by Eldorado, which built its first casino in Reno, Nevada, in 1973 and expanded its presence through prior acquisitions to over 20 properties before merging with legacy Caesars. Caesars' brands include Caesars, Harrah's, Tropicana, Bally's, Isle, and Flamingo. Also, the company owns the U.S. portion of William Hill (it sold the international operation in 2022), a digital sports betting platform.

Caesars Entertainment (LTS:0A78) Headlines

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