PE Ratio: 196.32

Basis: Latest stored market observation. Source: stored company filings and market data; unavailable inputs remain N/A.

Is the P/E ratio high or low?

The P/E ratio of 196.32 is 83% below its 1-year average of 1133.18, near the low end of its 1-year range (190.72–2269.30).

As of Sunday, August 2, 2026.

PE Ratio (196.32) = Close Price ($23.48) / Diluted TTM EPS ($0.12)

DKNG PE Ratio Metrics

P/E vs. its own history

At 196.3, P/E is at an extreme level (the multiple carries little signal here), sitting higher than 4% of its 1-year history.

P/E Comparison

PE Ratio Formula & Definition

PE Ratio = Share Price / Diluted EPS (TTM)

The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

PE Ratio FAQ

What is the P/E ratio for DraftKings Inc. (DKNG)?

The P/E ratio for DKNG stock is 196.32.

Is DraftKings Inc.'s P/E ratio high or low?

The P/E ratio of 196.32 is 83% below its 1-year average of 1133.18, near the low end of its 1-year range (190.72–2269.30).

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