Betsson AB

Betsson ABverified

BETS-B.ST

Price:

$139.86

Market Cap:

$1.86B

Betsson AB, through its subsidiaries, engages in the online gaming business primarily in the Nordic countries, Western Europe, Central and Easter Europe, Central Asia, and internationally. It offers poker, casino, sportsbook, scratch cards, bingo, and other games. The company serves its customers under Betsafe, Betsson, Casino DK, Casino Euro, Casino Winner, Colbet, Europebet, Uguts, Inkabet, Jackpot 247, Jalla Casino, Kaboo, Loyal Casino, NordicBet, Norges Automaten, RaceBets, Rizk, Star Casino, Supercasino.com, Live Roulette, and Thrills brand names. It also offers systems solutions to other gaming operators. Betsson AB was incorporated in 1963 and is based in Stockholm, Sweden.[Read more]

Industry

Gambling, Resorts & Casinos

IPO Date

2000-06-26

Stock Exchange

STO

Ticker

BETS-B.ST

The PE Ratio as of November 2024 (TTM) for Betsson AB (BETS-B.ST) is 9.73

According to Betsson AB’s latest financial reports and current stock price. The company's current PE Ratio is 9.73. This represents a change of 22.39% compared to the average of 7.95 of the last 4 quarters.

Betsson AB (BETS-B.ST) Historical PE Ratio (quarterly & annually)

How has BETS-B.ST PE Ratio performed in the past?

The mean historical PE Ratio of Betsson AB over the last ten years is 9.24. The current 9.73 PE Ratio has changed 10.43% with respect to the historical average. Over the past ten years (40 quarters), BETS-B.ST's PE Ratio was at its highest in in the December 2015 quarter at 21.64. The PE Ratio was at its lowest in in the March 2020 quarter at 4.92.

Quarterly (TTM)
Annual

Average

9.24

Median

8.24

Minimum

6.09

Maximum

18.31

Betsson AB (BETS-B.ST) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Betsson AB PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 59.48%

Maximum Annual PE Ratio = 18.31

Minimum Annual Increase = -44.42%

Minimum Annual PE Ratio = 6.09

Quarterly (TTM)
Annual
YearPE RatioChange
20237.10-11.38%
20228.0231.71%
20216.09-29.20%
20208.6037.85%
20196.24-21.63%
20187.96-5.99%
20178.46-16.85%
201610.18-44.42%
201518.3159.48%
201411.487.42%

Betsson AB (BETS-B.ST) Average PE Ratio

How has BETS-B.ST PE Ratio performed in the past?

The current PE Ratio of Betsson AB (BETS-B.ST) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

7.07

5-year avg

7.21

10-year avg

9.24

Betsson AB (BETS-B.ST) PE Ratio vs. Peers

How is BETS-B.ST’s PE Ratio compared to its peers?

Betsson AB’s PE Ratio is less than Kindred Group plc (29.87), less than Kambi Group plc (20.70), greater than Catena Media plc (-0.66), less than Evolution AB (publ) (15.52), less than Tele2 AB (publ) (20.12),

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