What is MGM Resorts International Price-to-Tangible-Book?
As of today (2024-04-25), MGM Resorts International's share price is $42.16. MGM Resorts International's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $-9.43. Hence, MGM Resorts International's Price to Tangible Book Ratio of today is .
The historical rank and industry rank for MGM Resorts International's Price-to-Tangible-Book or its related term are showing as below:
During the past 13 years, MGM Resorts International's highest Price to Tangible Book Ratio was 52.51. The lowest was 9.22. And the median was 17.14.
MGM's Price-to-Tangible-Book is not ranked *
in the Travel & Leisure industry.
Industry Median: 1.91 * Ranked among companies with meaningful Price-to-Tangible-Book only.
A closely related ratio is called PB Ratio. As of today, MGM Resorts International's share price is $42.16. MGM Resorts International's Book Value per Sharefor the quarter that ended in Dec. 2023 was $11.67. Hence, MGM Resorts International's P/B Ratio of today is 3.61.
MGM Resorts International Price-to-Tangible-Book Historical Data
The historical data trend for MGM Resorts International's Price-to-Tangible-Book 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.
* Premium members only.
MGM Resorts International Price-to-Tangible-Book Chart
Competitive Comparison of MGM Resorts International's Price-to-Tangible-Book
For the Resorts & Casinos subindustry, MGM Resorts International's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.
MGM Resorts International's Price-to-Tangible-Book Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, MGM Resorts International's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where MGM Resorts International's Price-to-Tangible-Book falls into.
MGM Resorts International Price-to-Tangible-Book Calculation
MGM Resorts International's price-to-tangible-book ratio for today is calculated as:
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
MGM Resorts International Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of MGM Resorts International's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
MGM Resorts International (MGM Resorts International) Business Description
MGM Resorts is the largest resort operator on the Las Vegas Strip with 35,000 guest rooms and suites, representing about one fourth of all units in the market. The company's Vegas properties include MGM Grand, Mandalay Bay, Park MGM, Luxor, New York-New York, and Bellagio. The Strip contributed approximately 74% of total EBITDAR in 2022. MGM also owns U.S. regional assets, which represented 31% of 2022 EBITDAR (MGM's Macao EBITDAR was negative in 2022). MGM's U.S. sports and iGaming operations are currently a high-single-digit percentage of its total revenue. The company also operates the 56%-owned MGM China casinos with a new property that opened on the Cotai Strip in early 2018. Further, we estimate MGM will open a resort in Japan in 2030.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
MGM has been successfully added to your 