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Golden Entertainment (Golden Entertainment) Cyclically Adjusted PS Ratio : 1.03 (As of Jun. 04, 2024)


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What is Golden Entertainment Cyclically Adjusted PS Ratio?

As of today (2024-06-04), Golden Entertainment's current share price is $30.19. Golden Entertainment's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $29.27. Golden Entertainment's Cyclically Adjusted PS Ratio for today is 1.03.

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

GDEN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.29   Med: 2.7   Max: 6.28
Current: 1.03

During the past years, Golden Entertainment's highest Cyclically Adjusted PS Ratio was 6.28. The lowest was 0.29. And the median was 2.70.

GDEN's Cyclically Adjusted PS Ratio is ranked better than
62.44% of 639 companies
in the Travel & Leisure industry
Industry Median: 1.45 vs GDEN: 1.03

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.

Golden Entertainment's adjusted revenue per share data for the three months ended in Mar. 2024 was $5.673. 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 $29.27 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Golden Entertainment Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Golden 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.

Golden Entertainment Cyclically Adjusted PS Ratio Chart

Golden 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 1.48 1.29 2.57 1.53 1.41

Golden 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 1.69 1.56 1.23 1.41 1.26

Competitive Comparison of Golden Entertainment's Cyclically Adjusted PS Ratio

For the Resorts & Casinos subindustry, Golden 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.


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

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

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



Golden 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=30.19/29.27
=1.03

* 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.

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

For example, Golden 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)
=5.673/131.7762*131.7762
=5.673

Current CPI (Mar. 2024) = 131.7762.

Golden Entertainment Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.035 100.560 1.356
201409 1.190 100.428 1.561
201412 0.958 99.070 1.274
201503 0.953 99.621 1.261
201506 1.145 100.684 1.499
201509 3.279 100.392 4.304
201512 3.919 99.792 5.175
201603 4.090 100.470 5.364
201606 4.571 101.688 5.923
201609 4.574 101.861 5.917
201612 4.531 101.863 5.862
201703 4.651 102.862 5.958
201706 4.719 103.349 6.017
201709 4.469 104.136 5.655
201712 6.492 104.011 8.225
201803 7.274 105.290 9.104
201806 7.300 106.317 9.048
201809 7.606 106.507 9.411
201812 7.505 105.998 9.330
201903 8.701 107.251 10.691
201906 8.936 108.070 10.896
201909 8.750 108.329 10.644
201912 8.697 108.420 10.571
202003 7.417 108.902 8.975
202006 2.706 108.767 3.278
202009 7.302 109.815 8.762
202012 7.296 109.897 8.749
202103 7.881 111.754 9.293
202106 9.252 114.631 10.636
202109 8.866 115.734 10.095
202112 8.322 117.630 9.323
202203 8.512 121.301 9.247
202206 9.148 125.017 9.643
202209 8.957 125.227 9.425
202212 8.983 125.222 9.453
202303 8.997 127.348 9.310
202306 9.333 128.729 9.554
202309 8.369 129.860 8.493
202312 7.583 129.419 7.721
202403 5.673 131.776 5.673

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.


Golden Entertainment  (NAS:GDEN) 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.


Golden Entertainment Cyclically Adjusted PS Ratio Related Terms

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


Golden Entertainment (Golden Entertainment) Business Description

Traded in Other Exchanges
N/A
Address
6595 S Jones Boulevard, Las Vegas, NV, USA, 89118
Golden Entertainment Inc is a us-based company that focuses on distributed gaming, casino, and resort operations. Its reportable segments are Nevada Casino Resorts, Nevada Locals Casinos, Maryland Casino Resort, and Distributed Gaming. It derives key revenue from the Nevada Casino Resorts and Distributed Gaming segments. Nevada Casino Resorts is comprised of destination casino resort properties offering a variety of food and beverage outlets, entertainment venues, and other amenities. Distributed Gaming segment is comprised of the operation of slot machines and amusement devices in non-casino locations across Nevada and Montana, with a limited number of slot machines in each location, as well as the operation of branded taverns.
Executives
Charles Protell officer: President and CFO 6595 S JONES BLVD, LAS VEGAS NV 89118
Stephen A Arcana officer: EVP and COO 6595 S JONES BLVD, LAS VEGAS, NV, USA NV 89118
Andy H Chien director C/O MGM GROWTH PROPERTIES LLC, 6385 S. RAINBOW BLVD., SUITE 500, LAS VEGAS NV 89118
Blake L Sartini director, 10 percent owner, officer: Chairman and CEO 6595 S JONES BLVD, LAS VEGAS, NV, USA NV 89118
Terrence Wright director 6595 S JONES BLVD, LAS VEGAS, NV, USA NV 89118
Sartini Blake L Ii officer: SVP of Distributed Gaming C/O GOLDEN ENTERTAINMENT, INC., 6595 S JONES BLVD., LAS VEGAS NV 89118
Marnell Anthony A. Iii director C/O GOLDEN ENTERTAINMENT, INC., 6595 S JONES BLVD, LAS VEGAS NV 89118
Ann D. Dozier director C/O GOLDEN ENTERTAINMENT, INC., 6595 S JONES BLVD, LAS VEGAS, NV, USA NV 89118
Robert L Miodunski director 6601 S BERMUDA RD, LAS VEGAS NV 89119
Lyle Berman director 10275 WAYZATA BOULEVARD, SUITE 100, MINNETONKA MN 55305
Mark A Lipparelli director 6595 S JONES BLVD, LAS VEGAS, NV, USA NV 89118
Thomas Edwin Haas officer: SVP of Accounting C/O GOLDEN ENTERTAINMENT, INC., 6595 S JONES BLVD, LAS VEGAS NV 89118
Sean T Higgins officer: Executive VP and CLO C/O GOLDEN ENTERTAINMENT, INC., 6595 S JONES BLVD., LAS VEGAS NV 89118
Delise F Sartini 10 percent owner 2411 WEST SAHARA AVENUE, LAS VEGAS NV 89102
Blake L. Sartini & Delise F. Sartini Family Trust 10 percent owner 6595 S JONES BLVD, LAS VEGAS NV 89118

Golden Entertainment (Golden Entertainment) Headlines