During the past 12 months, MGM Resorts International's average Book Value per Share Growth Rate was -6.40% per year.
During the past 3 years, the average Book Value per Share Growth Rate was -3.90% per year.
During the past 5 years, the average Book Value per Share Growth Rate was -2.30% per year.
During the past 10 years, the average Book Value per Share Growth Rate was 4.60% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of MGM Resorts International was 27.80% per year. The lowest was -33.20% per year. And the median was 5.70% per year.
Competitive Comparison of MGM Resorts International's 3-Year Book Growth Rate
For the Resorts & Casinos subindustry, MGM Resorts International's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate 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 3-Year Book Growth Rate Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, MGM Resorts International's 3-Year Book Growth Rate distribution charts can be found below:
* The bar in red indicates where MGM Resorts International's 3-Year Book Growth Rate falls into.
MGM Resorts International 3-Year Book Growth Rate Calculation
This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
MGM Resorts International (NYSE:MGM) 3-Year Book Growth Rate Explanation
Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.
MGM Resorts International 3-Year Book Growth Rate Related Terms
Thank you for viewing the detailed overview of MGM Resorts International's 3-Year Book Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.
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 62% of total EBITDAR in 2023. MGM also owns US regional assets, which represented a low 20s share of 2023 EBITDAR (MGM's Macao EBITDAR was 17% of the total in 2023). MGM's US sports and i-gaming 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. We estimate MGM will open a resort in Japan in 2030.
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