DraftKings Inc. Class A Common Stock (DKNG) Valuation
Historical valuation analysis based on 500 data points (2024-09-24 to 2026-09-22)
DraftKings got its start in 2012 as an innovator in daily fantasy sports. Then, following a Supreme Court ruling in 2018 that allowed states to legalize online sports wagering, the company expanded...
DraftKings Inc. Class A Common Stock (DKNG) currently trades at a P/S ratio of 1.42 (range: 1.41–5.61, 0th percentile — cheap relative to its history).
DraftKings Inc. Class A Common Stock trades well below its historical valuation range across most metrics.
Historical Valuation Metrics
| Metric | Current | Min | Median | Max | Percentile | Assessment |
|---|---|---|---|---|---|---|
| P/S Ratio | 1.42 | 1.41 | 3.81 | 5.61 | 0th | cheap relative to its history |
| FCF Yield | 0.08 | 0.01 | 0.02 | 0.09 | 99th | cheap relative to its history |
DraftKings Inc. Class A Common Stock (DKNG) Valuation & P/E History
DraftKings Inc. Class A Common Stock (DKNG) is a US-listed stock operating in the Consumer Cyclical sector, specifically the Services-Miscellaneous Amusement & Recreation industry currently trading at $21.85 with a market capitalization of $10.8 billion. This page provides historical valuation analysis for DKNG based on 500 data points covering 2024-09-24 to 2026-09-22.. The P/S ratio of 1.42 compares to a median of 3.81.
DKNG Valuation Metrics & Historical Range
The valuation table above shows DraftKings Inc. Class A Common Stock's current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether DKNG is currently trading above or below its typical valuation levels.
- P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests DKNG is expensively valued; below the median suggests it is cheap.
- P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
- EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for DraftKings Inc. Class A Common Stock.
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is DKNG Overvalued or Undervalued?
DraftKings Inc. Class A Common Stock trades well below its historical valuation range across most metrics. The overall valuation percentile of 0 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive DKNG is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.
However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full DKNG analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.DKNG trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.