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Empire Resorts (Empire Resorts) Cyclically Adjusted PS Ratio : (As of Apr. 30, 2024)


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What is Empire Resorts Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Empire Resorts Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Empire Resorts's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Empire Resorts Cyclically Adjusted PS Ratio Chart

Empire Resorts Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted PS Ratio
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Empire Resorts Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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Competitive Comparison of Empire Resorts's Cyclically Adjusted PS Ratio

For the Resorts & Casinos subindustry, Empire Resorts's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Empire Resorts's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Empire Resorts's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Empire Resorts's Cyclically Adjusted PS Ratio falls into.



Empire Resorts Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Empire Resorts's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2019 is calculated as:

For example, Empire Resorts's adjusted Revenue per Share data for the three months ended in Sep. 2019 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2019 (Change)*Current CPI (Sep. 2019)
=2.021/108.3294*108.3294
=2.021

Current CPI (Sep. 2019) = 108.3294.

Empire Resorts Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200912 3.630 91.111 4.316
201003 3.007 91.821 3.548
201006 3.409 91.962 4.016
201009 3.777 92.162 4.440
201012 3.105 92.474 3.637
201103 2.887 94.283 3.317
201106 2.176 95.235 2.475
201109 3.015 95.727 3.412
201112 2.502 95.213 2.847
201203 2.592 96.783 2.901
201206 2.820 96.819 3.155
201209 2.924 97.633 3.244
201212 2.426 96.871 2.713
201303 2.514 98.209 2.773
201306 2.584 98.518 2.841
201309 2.442 98.790 2.678
201312 1.911 98.326 2.105
201403 1.788 99.695 1.943
201406 1.898 100.560 2.045
201409 2.141 100.428 2.309
201412 1.341 99.070 1.466
201503 1.392 99.621 1.514
201506 1.647 100.684 1.772
201509 1.794 100.392 1.936
201512 1.501 99.792 1.629
201603 0.805 100.470 0.868
201606 0.561 101.688 0.598
201609 0.599 101.861 0.637
201612 0.495 101.863 0.526
201703 0.476 102.862 0.501
201706 0.554 103.349 0.581
201709 0.604 104.136 0.628
201712 0.490 104.011 0.510
201803 1.034 105.290 1.064
201806 1.519 106.317 1.548
201809 1.853 106.507 1.885
201812 1.520 105.998 1.553
201903 1.675 107.251 1.692
201906 1.747 108.070 1.751
201909 2.021 108.329 2.021

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Empire Resorts  (NAS:NYNY) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Empire Resorts Cyclically Adjusted PS Ratio Related Terms

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Empire Resorts (Empire Resorts) Business Description

Traded in Other Exchanges
N/A
Address
c/o Monticello Casino and Raceway, 204 State Route 17B, P.O. Box 5013, Monticello, NY, USA, 12701
Empire Resorts Inc is a United State based holding company which operates casinos. It engaged in the hospitality and gaming industries. The company's subsidiary, Monticello Raceway Management, Inc., owns and operates the Monticello Casino and Raceway in Monticello, New York. The facility includes over 1,000 slot machines and electronic table games, as well as dining and live entertainment.
Executives
Kok Thay Lim 10 percent owner 22ND FLOOR, WISMA GENTING, JALAN SULTAN ISMAIL, KUALA LUMPUR N8 50250
Emanuel R Pearlman director, officer: Executive Chairman 250 EAST 79TH STREET, NEW YORK NY 10075
Paul Debary director C/O NOVUME SOLUTIONS, INC., 14420 ALBEMARLE POINT PLACE, SUITE 200, CHANTILLY VA 20151
Richard L Robbins director C/O VITAL SIGNS INC, 20 CAMPUS ROAD, TOTWA NJ 07512
Robert Alan Berman 10 percent owner C/O NOVUME SOLUTIONS, INC., 14420 ALBEMARLE POINT PLACE, SUITE 200, CHANTILLY VA 20151
David Patrick Hanlon director, officer: CEO and President
Arthur Sonnenblick director 888 SEVENTH AVE, NEW YORK NY 10019