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PENN Entertainment (PENN Entertainment) Cyclically Adjusted PS Ratio : 0.41 (As of Apr. 27, 2024)


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What is PENN Entertainment Cyclically Adjusted PS Ratio?

As of today (2024-04-27), PENN Entertainment's current share price is $16.86. PENN Entertainment's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $40.97. PENN Entertainment's Cyclically Adjusted PS Ratio for today is 0.41.

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

PENN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.63   Max: 3.8
Current: 0.42

During the past years, PENN Entertainment's highest Cyclically Adjusted PS Ratio was 3.80. The lowest was 0.23. And the median was 0.63.

PENN's Cyclically Adjusted PS Ratio is ranked better than
82.4% of 625 companies
in the Travel & Leisure industry
Industry Median: 1.44 vs PENN: 0.42

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.

PENN Entertainment's adjusted revenue per share data for the three months ended in Dec. 2023 was $9.211. 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 $40.97 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


PENN Entertainment Cyclically Adjusted PS Ratio Historical Data

The historical data trend for PENN 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.

PENN Entertainment Cyclically Adjusted PS Ratio Chart

PENN 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 0.75 2.52 1.40 0.75 0.64

PENN Entertainment Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.75 0.73 0.59 0.56 0.64

Competitive Comparison of PENN Entertainment's Cyclically Adjusted PS Ratio

For the Resorts & Casinos subindustry, PENN 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.


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

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

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



PENN 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=16.86/40.97
=0.41

* 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.

PENN Entertainment's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, PENN Entertainment's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=9.211/129.4194*129.4194
=9.211

Current CPI (Dec. 2023) = 129.4194.

PENN Entertainment Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 8.008 99.695 10.396
201406 8.312 100.560 10.697
201409 8.227 100.428 10.602
201412 8.265 99.070 10.797
201503 7.347 99.621 9.545
201506 7.726 100.684 9.931
201509 8.099 100.392 10.441
201512 8.045 99.792 10.433
201603 8.304 100.470 10.697
201606 8.410 101.688 10.703
201609 9.078 101.861 11.534
201612 6.426 101.863 8.164
201703 8.445 102.862 10.625
201706 8.542 103.349 10.697
201709 8.615 104.136 10.707
201712 8.105 104.011 10.085
201803 8.622 105.290 10.598
201806 8.705 106.317 10.597
201809 8.286 106.507 10.069
201812 9.942 105.998 12.139
201903 10.815 107.251 13.050
201906 11.241 108.070 13.462
201909 11.607 108.329 13.867
201912 11.356 108.420 13.555
202003 9.646 108.902 11.463
202006 2.409 108.767 2.866
202009 7.265 109.815 8.562
202012 6.616 109.897 7.791
202103 7.378 111.754 8.544
202106 8.951 114.631 10.106
202109 8.754 115.734 9.789
202112 8.551 117.630 9.408
202203 8.492 121.301 9.060
202206 9.028 125.017 9.346
202209 9.393 125.227 9.708
202212 9.360 125.222 9.674
202303 9.925 127.348 10.086
202306 9.975 128.729 10.029
202309 10.732 129.860 10.696
202312 9.211 129.419 9.211

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.


PENN Entertainment  (NAS:PENN) 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.


PENN Entertainment Cyclically Adjusted PS Ratio Related Terms

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


PENN Entertainment (PENN Entertainment) Business Description

Traded in Other Exchanges
Address
825 Berkshire Boulevard, Suite 200, Wyomissing, PA, USA, 19610
Penn Entertainment's origins date back to its 1972 racetrack opening in Pennsylvania. Today, Penn operates 43 properties across 20 states and 12 brands (such as Hollywood Casino and Ameristar), with land-based casinos representing 90% of total sales in 2022 (10% was from the interactive segment, which includes sports, iGaming, and media revenue). The retail portfolio generates high-30% EBITDAR margins and helps position the company to obtain licenses for the digital wagering markets. Additionally, Penn's media assets, theScore and ESPN (starting with its partnership launch Nov. 14, 2023), provide access to sports betting/iGaming technology and clientele, helping it form a leading digital position.
Executives
Christopher Byron Rogers officer: EVP and Chief Strategy Officer 825 BERKSHIRE BLVD., WYOMISSING PA 19610
Jay A Snowden officer: EVP-Chief Operating Officer 825 BERKSHIRE BOULEVARD, SUITE 200, WYOMISSING PA 19610
Jane Scaccetti director 3111 W ALLEGHENY AVE, PHILADELPHIA PA 19132
Felicia Hendrix officer: EVP and CFO 825 BERKSHIRE BLVD., WYOMISSING PA 19610
David A Handler director 845 BERKSHIRE BLVD, SUITE 200, WYOMISSING PA 19610
Kohn Barbara Shattuck director PENN NATIONAL GAMING, INC, 825 BERKSHIRE BLVE, SUITE 200, WYOMISSING PA 19610
Christine Labombard officer: SVP and CAO 825 BERKSHIRE BOULEVARD, WYOMISSING PA 19610
Saul Reibstein officer: EVP-Finance, CFO & Treasurer C/O VISHAY PRECISION GROUP, INC., 3 GREAT VALLEY PARKWAY, SUITE 150, MALVERN PA 19355
Gupta Vimla Black director 825 BERKSHIRE BLVD., WYOMISSING PA 19610
Todd George officer: EVP, Operations 825 BERKSHIRE BLVD., WYOMISSING PA 19610
Marla Kaplowitz director 825 BERKSHIRE BLVD., WYOMISSING PA 19610
Ronald J Naples director 96 S. GEORGE STREET, SUITE 500, YORK PA 17401
Peter M Carlino director, 10 percent owner, officer: Chairman 845 BERKSHIRE BLVD, SUITE 200, WYOMISSING PA 19610
Harper H. Ko officer: EVP, CLO and Sec. 7250 S. TENAYA WAY, SUITE 100, LAS VEGAS NV 89113
Carl Sottosanti officer: SVP,Gen Counsel & Secretary 825 BERKSHIRE BOULEVARD, SUITE 200, WYOMISSING PA 19610