What is the price-to-earnings ratio of Century Casinos?
The price-earnings ratio of Century Casinos is currently -2.72.
Century Casinos P/E 2024
Century Casinos P/E
-2.72
Ticker
CNTY
ISIN
US1564921005
WKN
889628
As of Jul 1, 2024, Century Casinos's P/E ratio was -2.72, a -63.64% change from the -7.48 P/E ratio recorded in the previous year.
The Century Casinos P/E history
Century Casinos Aktienanalyse
What does Century Casinos do?
Century Casinos Inc. is an internationally active entertainment company based in Colorado, USA. The company was founded in 1992 by Austrian Erwin Haitzmann and Canadian Peter Hoetzinger, who still lead the company today. Century Casinos operates in the areas of casinos, electronic slot machines, horse racing, and online betting. The company started as a service provider for casinos, primarily involved in the development of casinos in smaller cities in Colorado. In the 2000s, the company expanded to Europe and achieved an important milestone in 2005 by opening the casino in Vienna. Since then, Century Casinos has been present in many European countries such as Poland, Czech Republic, and the UK. To date, Century Casinos has opened more than 25 casinos worldwide, including in Canada, Cuba, and Egypt. Century Casinos' business model is based on the creation and operation of entertainment and gambling facilities tailored to local laws and needs in different regions. The company emphasizes quality, safety, and customer satisfaction. Century Casinos works with local partner companies and authorities to ensure compliance with local regulations. The casino games division of the business holds several operating licenses in Europe, North America, and Latin America. Century Casinos offers a wide range of game variations such as roulette, blackjack, poker, and other optical and digital games. In the US, the company operates Station Casinos, Meadows Racetrack & Casino, Century Mile Racetrack and Casino, and other casino resorts. The electronic gaming machines division encompasses the development and distribution of electronic casino games and slot machines. Century Casinos works closely with Swedish company NetEnt to develop innovative and engaging digital games. Century Casinos is also involved in online gambling. With the acquisition of 50% of CG Technology Holdings in 2020, the company entered the online sports betting market. CG Technology develops betting platform technology and manages a betting platform that is considered one of the fastest and most advanced in the industry. In the horse racing & iGaming division, the company offers online horse betting, particularly in the US and Europe. This division is part of the racing business, which mainly focuses on operating racetracks and horse wagering services. Century Casinos' products include high-quality slot machines, table games, and electronic gaming. NetEnt's digital games are among the most successful and innovative in the online casino industry. Century Casinos has also developed an app to allow customers to conveniently play on mobile devices. In addition, the company offers a variety of leisure facilities such as restaurants, bars, spas, and venues to meet customers' entertainment needs. In conclusion, Century Casinos Inc. is an internationally active entertainment company with an impressive track record. By successfully combining traditional and modern gambling, as well as facilities and entertainment, the company provides its customers with a wide range of experiences in the horse racing, electronic slot machines, casino, and online betting sectors. Century Casinos sets high standards to offer excellent services and products. Century Casinos ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering Century Casinos's P/E Ratio
The Price to Earnings (P/E) Ratio of Century Casinos is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.
Year-to-Year Comparison
Assessing Century Casinos's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.
Impact on Investments
The P/E ratio of Century Casinos is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.
Interpreting P/E Ratio Fluctuations
Fluctuations in Century Casinos’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.
Frequently Asked Questions about Century Casinos Stock
How has the price-earnings ratio of Century Casinos changed compared to last year?
The price-to-earnings ratio of Century Casinos has increased by -63.64% fallen (meaning "decreased" or "dropped") compared to last year.
What consequences does a high price-earnings ratio have for investors?
A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.
What does a low price-earnings ratio mean?
A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.
Is the price-earnings ratio of Century Casinos high compared to other companies?
Yes, the price-to-earnings ratio of Century Casinos is high compared to other companies.
How does an increase in the price-earnings ratio of Century Casinos affect the company?
An increase in the price-earnings ratio of Century Casinos would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.
How does a reduction in the price-to-earnings ratio of Century Casinos affect the company?
A decrease in the price-earnings ratio of Century Casinos would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.
What are some factors that influence the price-earnings ratio of Century Casinos?
Some factors that influence the price-earnings ratio of Century Casinos are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Century Casinos pay?
Over the past 12 months, Century Casinos paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Century Casinos is expected to pay a dividend of 0 USD.
What is the dividend yield of Century Casinos?
The current dividend yield of Century Casinos is .
When does Century Casinos pay dividends?
Century Casinos pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Century Casinos?
Century Casinos paid dividends every year for the past 0 years.
What is the dividend of Century Casinos?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Century Casinos located?
Century Casinos is assigned to the 'Cyclical consumption' sector.
Wann musste ich die Aktien von Century Casinos kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Century Casinos from 7/1/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 7/1/2024.
When did Century Casinos pay the last dividend?
The last dividend was paid out on 7/1/2024.
What was the dividend of Century Casinos in the year 2023?
In the year 2023, Century Casinos distributed 0 USD as dividends.
In which currency does Century Casinos pay out the dividend?
The dividends of Century Casinos are distributed in USD.
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Andere Kennzahlen von Century Casinos
Our stock analysis for Century Casinos Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Century Casinos Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
- Century Casinos Revenue
- Century Casinos Net Income
- Century Casinos P/E
- Century Casinos P/S
- Century Casinos EBIT
- Century Casinos Dividend
- Century Casinos Stocks
- Century Casinos Market capitalization
- Century Casinos Debt
- Century Casinos Liabilities
- Century Casinos Equity
- Century Casinos AAQS
- Century Casinos Employees
- Century Casinos ROE
- Century Casinos ROA
- Century Casinos ROCE
