Is Golden Entertainment, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Golden Entertainment, Inc. has moved from fair to expensive, indicating that the company is overvalued. Key valuation ratios reveal a P/E ratio of 41, an EV to EBITDA of 7.92, and a Price to Book Value of 1.55, all of which suggest that the stock is trading at a premium compared to its earnings and asset values.
In comparison to its peer, which has a P/E ratio of approximately 37.80 and an EV to EBITDA of 7.70, Golden Entertainment appears to be more expensive. Additionally, the company's return performance has been underwhelming, with a year-to-date return of -28.67% compared to the S&P 500's 13.30%, and a three-year return of -45.53% against the S&P 500's 81.19%. This further reinforces the notion that the stock is overvalued in the current market context.