P/E ratio for Monarch Casino & Resort (MCRI)
P/E ratio as of May 2024 (TTM): 14.9
According to Monarch Casino & Resort's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.9224. At the end of 2022 the company had a P/E ratio of 16.7.
P/E ratio history for Monarch Casino & Resort from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 16.7 | -16.82% |
| 2021 | 20.1 | -57.66% |
| 2020 | 47.5 | 73.02% |
| 2019 | 27.4 | 37.36% |
| 2018 | 20.0 | -35.4% |
| 2017 | 30.9 | 70.26% |
| 2016 | 18.2 | -2.51% |
| 2015 | 18.6 | -4.58% |
| 2014 | 19.5 | 6.92% |
| 2013 | 18.3 | -7.97% |
| 2012 | 19.8 | -31.87% |
| 2011 | 29.1 | 18.79% |
| 2010 | 24.5 | -9.22% |
| 2009 | 27.0 | 32.1% |
| 2008 | 20.4 | 8.64% |
| 2007 | 18.8 | -8.62% |
| 2006 | 20.6 | 2.02% |
| 2005 | 20.2 | -12.42% |
| 2004 | 23.0 | 108.7% |
| 2003 | 11.0 | -26.03% |
| 2002 | 14.9 | -10.46% |
| 2001 | 16.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Las Vegas Sands LVS | 53.4 | 258.14% | 🇺🇸 USA |
 MGM Resorts
MGM | 39.1 | 161.86% | 🇺🇸 USA |
 Wynn Resorts
WYNN | > 1000 | 10,710.39% | 🇺🇸 USA |
 Penn National Gaming
PENN | -19.7 | -231.79% | 🇺🇸 USA |
 Century Casinos CNTY | -21.0 | -240.73% | 🇺🇸 USA |
 Boyd Gaming
BYD | 8.09 | -45.79% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.