This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Melco Resorts and Entertainment's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $8.62. Melco Resorts and Entertainment's 10-Year median PS Ratio is 2.2726. Therefore, the Median PS Value for today is $19.59.
As of today (2024-04-23), Melco Resorts and Entertainment's share price is $6.29. Melco Resorts and Entertainment's Median PS Value is $19.59. Therefore, Melco Resorts and Entertainment's Price to Median PS Value for today is 0.32.
The historical rank and industry rank for Melco Resorts and Entertainment's Median PS Value or its related term are showing as below:
MLCO'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.31 Med: 1 Max: 2.31
Current: 0.32
During the past 13 years, the highest Price to Median PS Value of Melco Resorts and Entertainment was 2.31. The lowest was 0.31. And the median was 1.00.
MLCO's Price-to-Median-PS-Value is ranked better than 92.2% of 487
companies
in the Travel & Leisure industry
Industry Median: 0.88
vs MLCO: 0.32
Melco Resorts and Entertainment Median PS Value Historical Data
The historical data trend for Melco Resorts and Entertainment's Median PS Value 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.
For the Resorts & Casinos subindustry, Melco Resorts and Entertainment's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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.
Melco Resorts and Entertainment Price-to-Median-PS-Value Distribution
For the Travel & Leisure industry and Consumer Cyclical sector, Melco Resorts and Entertainment's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Melco Resorts and Entertainment's Price-to-Median-PS-Value falls into.
Melco Resorts and Entertainment Median PS Value Calculation
Melco Resorts and Entertainment's Median PS Value for today is calculated as
10-Year Median PS Ratio is 2.2726.
Melco Resorts and Entertainment's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $8.62.
* 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.
Melco Resorts and Entertainment (NAS:MLCO) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
Melco Resorts and Entertainment's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
6.29
/
19.59
=
0.32
* 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.
Melco Resorts and Entertainment Median PS Value Related Terms
Thank you for viewing the detailed overview of Melco Resorts and Entertainment's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Melco Resorts and Entertainment (Melco Resorts and Entertainment) Business Description
Melco Resorts & Entertainment is one of only six licensed casino operators in Macao. It operates Altira, a complex focused on VIP customers; City of Dreams, an integrated resort in Cotai serving both mass-market and premium patrons; and Mocha Clubs electronic gaming machines. The company also has a majority interest in Studio City, which opened in 2015. Outside Macao, Melco owns City of Dreams Manila in the Philippines and City of Dreams Mediterranean in Cyprus. The business mix in terms of adjusted EBITDA was about 84% from Macao with the rest largely from the Philippines as of 2019.
Melco Resorts and Entertainment (Melco Resorts and Entertainment) Headlines
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