DraftKings Price To Book Ratio Over Time
| DKNG Stock | USD 43.65 0.62 1.44% |
With this module, investors can use any or all of fundamental ratio historical patterns as a complementary method for asset selection as well as a tool for deciding entry and exit points. Many technical investors use fundamentals to limit their universe of possible portfolio assets.
Check out DraftKings Performance and DraftKings Correlation. DraftKings |
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of DraftKings. If investors know DraftKings will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about DraftKings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.87) | Revenue Per Share 9.655 | Quarterly Revenue Growth 0.387 | Return On Assets (0.07) | Return On Equity (0.44) |
The market value of DraftKings is measured differently than its book value, which is the value of DraftKings that is recorded on the company's balance sheet. Investors also form their own opinion of DraftKings' value that differs from its market value or its book value, called intrinsic value, which is DraftKings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because DraftKings' market value can be influenced by many factors that don't directly affect DraftKings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between DraftKings' value and its price as these two are different measures arrived at by different means. Investors typically determine if DraftKings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DraftKings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Cross Equities Price To Book Ratio Analysis
Compare DraftKings and related stocks such as Light Wonder, International Game, and Everi Holdings Price To Book Ratio Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| LNW | 1.5352 | 2.0134 | 2.1293 | 3.8375 | 276 | (0.5152) | (0.6314) | (2.2517) | (0.6602) | (1.1806) | (1.5549) | (3.0464) | 4.7817 | 9.7673 | 7.5 |
| IGT | 2.4417 | 1.044 | 0.8139 | 1.0361 | 1.0553 | 0.9855 | 1.5519 | 2.7111 | 1.6845 | 1.6292 | 4.4649 | 4.6219 | 3.2955 | 3.799 | 2.99 |
| EVRI | 2.3457 | 1.8003 | 2.6007 | 3.0168 | 2.0319 | 2.1038 | (1.3287) | (3.5676) | (3.4374) | 18.0042 | (149) | 10.9239 | 5.9667 | 4.3445 | 4.56 |
| AGS | 3.1139 | 3.1139 | 3.1139 | 3.1139 | 6.7345 | 4.2707 | 26.1075 | (22.2707) | 5.7877 | 3.2118 | 4.771 | 5.9924 | 3.8513 | 4.7549 | 4.63 |
| ACEL | 0.8292 | 0.8292 | 0.8292 | 0.8292 | 0.8292 | 0.8292 | 0.8292 | 0.8292 | 1.4085 | 9.0398 | 6.5587 | 7.7055 | 3.9075 | 4.449 | 3.87 |
| RSI | (109) | (109) | (109) | (109) | (109) | (109) | (109) | (109) | (109) | (82.1185) | (41.995) | 10.8664 | 4.0696 | 5.7209 | 6.01 |
| INSE | (0.3237) | (0.3237) | (0.3237) | (0.3237) | 0.3391 | 0.3618 | (104) | (11.3037) | (2.9854) | (2.9854) | (1.6616) | (4.0546) | (6.1593) | (3.556) | (3.73) |
| LTRYW | 496 | 496 | 496 | 496 | 496 | 496 | 496 | 496 | 0.0236 | 0.3098 | 0.8145 | 1.2326 | 0.1498 | 0.2048 | 0.19 |
| GAN | 188 | 188 | 188 | 20.8068 | 31.2808 | 49.2843 | 63.5384 | 90.7152 | 21.7565 | 18.7475 | 3.5206 | 1.7238 | 3.0595 | (15.1619) | (14.4) |
DraftKings and related stocks such as Light Wonder, International Game, and Everi Holdings Price To Book Ratio description
A ratio used to compare a firm's market value to its book value, calculated by dividing the current closing price of the stock by the latest quarter's book value per share.My Equities
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Check out DraftKings Performance and DraftKings Correlation. For more detail on how to invest in DraftKings Stock please use our How to Invest in DraftKings guide.You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
DraftKings technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.