The historical data trend for PlayAGS's Forward PE 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.
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PlayAGS Forward PE Ratio Chart
PlayAGS Annual Data
Trend
2018-12
2019-12
2020-05
2021-12
2022-12
2023-11
Forward PE Ratio
39.84
96.15
33.44
25.32
13.83
18.08
PlayAGS Quarterly Data
2018-09
2018-12
2019-03
2019-06
2019-09
2019-12
2020-03
2021-09
2021-12
2022-03
2022-09
2022-12
2023-03
2023-06
Forward PE Ratio
52.63
39.84
34.25
38.17
32.68
96.15
27.86
22.94
25.32
48.54
9.37
13.83
31.55
32.89
Competitive Comparison of PlayAGS's Forward PE Ratio
For the Gambling subindustry, PlayAGS's Forward PE Ratio, along with its competitors' market caps and Forward 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.
PlayAGS's Forward PE Ratio Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, PlayAGS's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where PlayAGS's Forward PE Ratio falls into.
PlayAGS Forward PE Ratio Calculation
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
PlayAGS (NYSE:AGS) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
PlayAGS Forward PE Ratio Related Terms
Thank you for viewing the detailed overview of PlayAGS's Forward PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
PlayAGS Inc is a designer and supplier of gaming products and services for the gaming industry. The company mainly supplies electronic gaming machines (EGM), server-based systems and back-office systems which are used by casinos, and various gaming locations. Its operating segments are EGM, Table Products, and Interactive. The EGM segment offers a selection of video slot titles developed for the global marketplace as well as EGM cabinets. Its Table Products segments include live proprietary table games and side bets, as well as ancillary table products. The Interactive segment consists of delivering games through mobile apps such as Lucky Play Casino and Vegas Fever. It earns a majority of its revenue from the Electronic Gaming Machines segment and geographically from the United States.
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