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Wynn Macau (HKSE:01128) Shiller PE Ratio : 36.05 (As of Apr. 26, 2024)


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What is Wynn Macau Shiller PE Ratio?

As of today (2024-04-26), Wynn Macau's current share price is HK$7.57. Wynn Macau's E10 for the fiscal year that ended in Dec23 was HK$0.21. Wynn Macau's Shiller PE Ratio for today is 36.05.

The historical rank and industry rank for Wynn Macau's Shiller PE Ratio or its related term are showing as below:

HKSE:01128' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.84   Med: 17.36   Max: 38.05
Current: 36.45

During the past 13 years, Wynn Macau's highest Shiller PE Ratio was 38.05. The lowest was 4.84. And the median was 17.36.

HKSE:01128's Shiller PE Ratio is ranked worse than
64.63% of 393 companies
in the Travel & Leisure industry
Industry Median: 26.45 vs HKSE:01128: 36.45

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Wynn Macau's adjusted earnings per share data of for the fiscal year that ended in Dec23 was HK$0.190. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is HK$0.21 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wynn Macau Shiller PE Ratio Historical Data

The historical data trend for Wynn Macau's Shiller PE 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.

* Premium members only.

Wynn Macau Shiller PE Ratio Chart

Wynn Macau Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.45 15.98 10.09 23.46 31.00

Wynn Macau Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.09 - 23.46 - 31.00

Competitive Comparison of Wynn Macau's Shiller PE Ratio

For the Resorts & Casinos subindustry, Wynn Macau's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.


Wynn Macau's Shiller PE Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Wynn Macau's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Wynn Macau's Shiller PE Ratio falls into.



Wynn Macau Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Wynn Macau's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=7.57/0.21
=36.05

* 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.

Wynn Macau's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, Wynn Macau's adjusted earnings per share data for the fiscal year that ended in Dec23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.19/129.4194*129.4194
=0.190

Current CPI (Dec23) = 129.4194.

Wynn Macau Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 1.240 99.070 1.620
201512 0.460 99.792 0.597
201612 0.280 101.863 0.356
201712 0.710 104.011 0.883
201812 1.200 105.998 1.465
201912 0.970 108.420 1.158
202012 -1.390 109.897 -1.637
202112 -1.000 117.630 -1.100
202212 -1.410 125.222 -1.457
202312 0.190 129.419 0.190

Add all the adjusted EPS together and divide 10 will get our E10.

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.


Wynn Macau  (HKSE:01128) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Wynn Macau Shiller PE Ratio Related Terms

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Wynn Macau (HKSE:01128) Business Description

Traded in Other Exchanges
Address
Avenida da Nave Desportiva, Wynn Palace, Cotai, MAC
Wynn Macau operates integrated casino resorts in Macao, including Wynn Macau on the peninsula and Wynn Palace in Cotai. These properties feature with high-end hotels and brand-name stores, making Wynn a high-end iconic brand. Wynn Resorts has a 72% stake in Wynn Macau.

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