DKNGCAUTIOUS

DKNG P/E Ratio Analysis

216.4x

Updated 9h ago·SEC filings & market data

Key Takeaway

The P/E ratio of 216.4x means investors are paying $216.40 for every $1 of the company's earnings, a very high price relative to profits.

Sector Performance

99th percentile

DKNG

216.4x

Sector Median

24.2x

Sector Avg

35.9x

Prior Period

203.2x(May 2026)

↓ Declining

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Deep Analysis

The P/E ratio of 216.4x means investors are paying $216.40 for every $1 of the company's earnings, a very high price relative to profits.

Compared to sector peers, the sector median is 24.5x, and DKNG sits in the 99th percentile, meaning it is more expensive than virtually all peers. Year-over-year change is not available, but the quarter-over-quarter change shows a +6.5% increase, indicating the multiple expanded from 203.2x to 216.4x over the last quarter. A sky-high P/E combined with a rising trend signals elevated risk — the stock is priced for aggressive future growth that may not materialize, and any earnings miss could cause a sharp pullback. This metric directly supports the overall CAUTIOUS verdict because it confirms the stock trades at extreme valuation multiples relative to its industry.

Frequently Asked Questions

What does the P/E Ratio tell investors about DKNG?

Measures how much investors pay per dollar of earnings. A high P/E signals growth expectations; a low P/E may indicate undervaluation or slow growth.

How is the P/E Ratio calculated?

P/E Ratio is calculated as: Price / EPS.

Who are DKNG's closest peers by P/E Ratio?

The closest peers by P/E Ratio include: OMF (9.0x), TRV (8.7x), JACK (8.5x), GIS (8.4x), FIS (8.4x).

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Learn More About P/E Ratio

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The Formula

Price / EPS

Why It Matters

Measures how much investors pay per dollar of earnings. A high P/E signals growth expectations; a low P/E may indicate undervaluation or slow growth.