Tsogo Sun Gaming Ltd
JSE:TSG
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P/B
Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.
Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.
Valuation Scenarios
If P/B returns to its 3-Year Average (2.4), the stock would be worth Zac1 263.21 (84% upside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 1.3 | Zac686 |
0%
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| 3-Year Average | 2.4 | Zac1 263.21 |
+84%
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| 5-Year Average | 2.7 | Zac1 459.13 |
+113%
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| Industry Average | 1.2 | Zac654.65 |
-5%
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| Country Average | 2.2 | Zac1 174.99 |
+71%
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Forward P/B
Today’s price vs future total equity
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| ZA |
T
|
Tsogo Sun Gaming Ltd
JSE:TSG
|
7.1B ZAR | 1.3 | 6 | |
| US |
|
Las Vegas Sands Corp
NYSE:LVS
|
36.6B USD | 23 | 19.9 | |
| AU |
|
Aristocrat Leisure Ltd
ASX:ALL
|
28.5B AUD | 4.3 | 17.4 | |
| IE |
|
Flutter Entertainment PLC
LSE:FLTR
|
14B GBP | 1.6 | -45.3 | |
| HK |
|
Galaxy Entertainment Group Ltd
HKEX:27
|
146.9B HKD | 1.7 | 13.6 | |
| MO |
|
Sands China Ltd
HKEX:1928
|
133B HKD | 11.8 | 18.4 | |
| SE |
|
Evolution AB (publ)
STO:EVO
|
126.7B SEK | 2.7 | 10.8 | |
| US |
|
DraftKings Inc
NASDAQ:DKNG
|
11.6B USD | 18.4 | 3 126.4 | |
| GR |
O
|
Organization of Football Prognostics SA
ATHEX:ALWN
|
9.5B EUR | 22.5 | 19.7 | |
| US |
|
Wynn Resorts Ltd
NASDAQ:WYNN
|
11B USD | -40.1 | 33.7 | |
| ZA |
S
|
Sun International Ltd
JSE:SUI
|
10.9B ZAR | 3.4 | 6.8 |
Market Distribution
| Min | 0.5 |
| 30th Percentile | 1.8 |
| Median | 2.2 |
| 70th Percentile | 6.5 |
| Max | 10.9 |
Other Multiples
Tsogo Sun Gaming Ltd
Glance View
In the vibrant world of South Africa's leisure and entertainment industry, Tsogo Sun Gaming Ltd. stands as a formidable player, weaving a narrative of strategic growth and diversification. Born from the merger of Tsogo Sun Holdings and Gold Reef Resorts in 2011, the company has since strategically expanded its footprint across the country, threading its gaming operations through a network of casinos, hotels, and entertainment complexes. At the heart of its operations, Tsogo Sun Gaming generates the lion’s share of its revenue from its diverse array of casinos, which serve as entertainment hubs attracting a steady stream of locals and tourists. These establishments, boasting an extensive assortment of slot machines and table games, create a vibrant ecosystem where chance meets commerce, fostering environments that draw in patrons with the allure of a uniquely immersive experience. Beyond the spinning reels and card tables, Tsogo Sun Gaming complements its core operations with ancillary offerings that enhance its guests' experiences and further contribute to revenue streams. The company meticulously integrates hospitality services, offering accommodations through strategically located hotels that cater to both leisure and business travelers. These accommodations, often nestled within or adjacent to the gaming complexes, capitalize on the foot traffic generated by the casinos. Additionally, restaurants, theaters, and conference facilities further enliven its venues, creating dynamic, multifaceted environments that encourage longer stays and increased spending. By entwining its gaming operations with these complementary services, Tsogo Sun Gaming adeptly balances the unpredictable nature of gaming revenues with the more stable inflows from its ancillary offerings, crafting a robust business model that sustains its position in the entertainment landscape.