Ballys Corp Stock Price To Earning

BALY Stock  USD 17.83  0.08  0.45%   
Ballys Corp fundamentals help investors to digest information that contributes to Ballys Corp's financial success or failures. It also enables traders to predict the movement of Ballys Stock. The fundamental analysis module provides a way to measure Ballys Corp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Ballys Corp stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Ballys Corp Company Price To Earning Analysis

Ballys Corp's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

P/E

 = 

Market Value Per Share

Earnings Per Share

More About Price To Earning | All Equity Analysis

Current Ballys Corp Price To Earning

    
  16.26 X  
Most of Ballys Corp's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Ballys Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Ballys Price To Earning Driver Correlations

Understanding the fundamental principles of building solid financial models for Ballys Corp is extremely important. It helps to project a fair market value of Ballys Stock properly, considering its historical fundamentals such as Price To Earning. Since Ballys Corp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Ballys Corp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Ballys Corp's interrelated accounts and indicators.
0.82-0.830.99-0.910.910.890.991.00.910.930.920.730.940.820.950.94-0.31-0.80.750.720.920.970.70.65
0.82-0.40.76-0.560.920.940.850.760.950.860.930.750.630.920.860.92-0.33-0.390.40.830.660.860.260.24
-0.83-0.4-0.870.96-0.64-0.56-0.78-0.87-0.6-0.72-0.66-0.49-0.9-0.57-0.77-0.70.190.91-0.76-0.38-0.84-0.77-0.76-0.71
0.990.76-0.87-0.930.880.850.981.00.880.920.880.740.970.780.930.92-0.34-0.830.750.670.930.950.740.69
-0.91-0.560.96-0.93-0.77-0.72-0.89-0.94-0.72-0.79-0.78-0.48-0.91-0.68-0.85-0.810.080.94-0.87-0.52-0.91-0.88-0.77-0.72
0.910.92-0.640.88-0.770.980.930.880.970.940.980.730.760.930.970.98-0.18-0.660.630.80.850.970.490.46
0.890.94-0.560.85-0.720.980.920.850.980.930.970.70.720.90.940.97-0.2-0.60.60.810.840.960.50.49
0.990.85-0.780.98-0.890.930.920.980.920.910.930.70.90.840.940.95-0.24-0.80.770.790.920.980.670.62
1.00.76-0.871.0-0.940.880.850.980.870.910.890.70.960.780.930.92-0.29-0.840.780.670.940.960.740.7
0.910.95-0.60.88-0.720.970.980.920.870.970.980.790.790.910.960.98-0.39-0.570.510.770.840.950.50.48
0.930.86-0.720.92-0.790.940.930.910.910.970.970.80.870.880.990.98-0.41-0.610.540.660.870.950.570.55
0.920.93-0.660.88-0.780.980.970.930.890.980.970.720.790.940.980.99-0.27-0.610.580.730.830.960.480.45
0.730.75-0.490.74-0.480.730.70.70.70.790.80.720.730.70.730.75-0.71-0.350.190.60.60.70.350.32
0.940.63-0.90.97-0.910.760.720.90.960.790.870.790.730.660.870.83-0.46-0.790.670.50.890.870.780.73
0.820.92-0.570.78-0.680.930.90.840.780.910.880.940.70.660.90.93-0.24-0.510.460.820.660.870.220.18
0.950.86-0.770.93-0.850.970.940.940.930.960.990.980.730.870.90.99-0.3-0.710.640.690.910.980.60.57
0.940.92-0.70.92-0.810.980.970.950.920.980.980.990.750.830.930.99-0.3-0.660.610.750.870.980.530.51
-0.31-0.330.19-0.340.08-0.18-0.2-0.24-0.29-0.39-0.41-0.27-0.71-0.46-0.24-0.3-0.3-0.080.32-0.11-0.19-0.21-0.13-0.12
-0.8-0.390.91-0.830.94-0.66-0.6-0.8-0.84-0.57-0.61-0.61-0.35-0.79-0.51-0.71-0.66-0.08-0.92-0.48-0.86-0.78-0.81-0.77
0.750.4-0.760.75-0.870.630.60.770.780.510.540.580.190.670.460.640.610.32-0.920.510.80.740.760.72
0.720.83-0.380.67-0.520.80.810.790.670.770.660.730.60.50.820.690.75-0.11-0.480.510.560.770.20.16
0.920.66-0.840.93-0.910.850.840.920.940.840.870.830.60.890.660.910.87-0.19-0.860.80.560.940.870.86
0.970.86-0.770.95-0.880.970.960.980.960.950.950.960.70.870.870.980.98-0.21-0.780.740.770.940.650.62
0.70.26-0.760.74-0.770.490.50.670.740.50.570.480.350.780.220.60.53-0.13-0.810.760.20.870.650.99
0.650.24-0.710.69-0.720.460.490.620.70.480.550.450.320.730.180.570.51-0.12-0.770.720.160.860.620.99
Click cells to compare fundamentals
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Competition

Ballys Retained Earnings

Retained Earnings

(528.1 Million)

Ballys Corp reported Retained Earnings of (555.89 Million) in 2023
Based on the latest financial disclosure, Ballys Corp has a Price To Earning of 16.26 times. This is 34.7% lower than that of the Hotels, Restaurants & Leisure sector and 33.0% lower than that of the Consumer Discretionary industry. The price to earning for all United States stocks is 43.38% higher than that of the company.

Ballys Price To Earning Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ballys Corp's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ballys Corp could also be used in its relative valuation, which is a method of valuing Ballys Corp by comparing valuation metrics of similar companies.
Ballys Corp is currently under evaluation in price to earning category among its peers.

Ballys Corp Current Valuation Drivers

We derive many important indicators used in calculating different scores of Ballys Corp from analyzing Ballys Corp's financial statements. These drivers represent accounts that assess Ballys Corp's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Ballys Corp's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap962.9M1.6B1.9B1.1B743.7M957.5M
Enterprise Value1.5B2.6B5.7B5.4B5.6B5.9B

Ballys Corp ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Ballys Corp's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Ballys Corp's managers, analysts, and investors.
Environmental
Governance
Social

Ballys Fundamentals

About Ballys Corp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Ballys Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ballys Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ballys Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Ballys Stock Analysis

When running Ballys Corp's price analysis, check to measure Ballys Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ballys Corp is operating at the current time. Most of Ballys Corp's value examination focuses on studying past and present price action to predict the probability of Ballys Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ballys Corp's price. Additionally, you may evaluate how the addition of Ballys Corp to your portfolios can decrease your overall portfolio volatility.