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PENN Entertainment (BSP:P2EN34) E10 : R$-0.10 (As of Mar. 2024)


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What is PENN Entertainment E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

PENN Entertainment's adjusted earnings per share data for the three months ended in Mar. 2024 was R$-3.785. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$-0.10 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was 45.40% per year. During the past 5 years, the average E10 Growth Rate was 14.60% per year. During the past 10 years, the average E10 Growth Rate was 6.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of PENN Entertainment was 54.60% per year. The lowest was -49.30% per year. And the median was 8.65% per year.

As of today (2024-05-15), PENN Entertainment's current stock price is R$7.87. PENN Entertainment's E10 for the quarter that ended in Mar. 2024 was R$-0.10. PENN Entertainment's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of PENN Entertainment was 20.33. The lowest was 15.17. And the median was 17.17.


PENN Entertainment E10 Historical Data

The historical data trend for PENN Entertainment's E10 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 E10 Chart

PENN Entertainment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -0.56 -0.60 -0.07

PENN Entertainment Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
E10 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 -0.46 -0.41 -0.72 -0.07 -0.10

Competitive Comparison of PENN Entertainment's E10

For the Resorts & Casinos subindustry, PENN Entertainment's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where PENN Entertainment's Shiller PE Ratio falls into.



PENN Entertainment E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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.

For example, PENN Entertainment's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-3.785/129.4194*129.4194
=-3.785

Current CPI (Mar. 2024) = 129.4194.

PENN Entertainment Quarterly Data

per share eps CPI Adj_EPS
201406 -0.559 100.560 -0.719
201409 -0.468 100.428 -0.603
201412 -8.401 99.070 -10.975
201503 0.063 99.621 0.082
201506 0.093 100.684 0.120
201509 0.195 100.392 0.251
201512 -0.388 99.792 -0.503
201603 0.961 100.470 1.238
201606 1.267 101.688 1.613
201609 1.659 101.861 2.108
201612 0.168 101.863 0.213
201703 0.188 102.862 0.237
201706 0.593 103.349 0.743
201709 26.407 104.136 32.819
201712 -11.203 104.011 -13.940
201803 1.574 105.290 1.935
201806 2.149 106.317 2.616
201809 1.561 106.507 1.897
201812 -1.437 105.998 -1.755
201903 1.344 107.251 1.622
201906 1.697 108.070 2.032
201909 1.565 108.329 1.870
201912 -3.284 108.420 -3.920
202003 -25.701 108.902 -30.543
202006 -8.768 108.767 -10.433
202009 5.022 109.815 5.919
202012 0.360 109.897 0.424
202103 3.099 111.754 3.589
202106 5.883 114.631 6.642
202109 2.745 115.734 3.070
202112 1.470 117.630 1.617
202203 1.443 121.301 1.540
202206 0.757 125.017 0.784
202209 3.775 125.227 3.901
202212 0.682 125.222 0.705
202303 15.886 127.348 16.144
202306 2.330 128.729 2.343
202309 -23.706 129.860 -23.626
202312 -11.613 129.419 -11.613
202403 -3.785 129.419 -3.785

Add all the adjusted EPS together and divide 10 will get our e10.


PENN Entertainment  (BSP:P2EN34) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

During the past 13 years, the highest Shiller P/E Ratio of PENN Entertainment was 20.33. The lowest was 15.17. And the median was 17.17.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


PENN Entertainment E10 Related Terms

Thank you for viewing the detailed overview of PENN Entertainment's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


PENN Entertainment (BSP:P2EN34) 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.

PENN Entertainment (BSP:P2EN34) Headlines

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