Wynn Resorts (BSP:W1YN34) Cyclically Adjusted PB Ratio: 22.11 (As of Aug. 06, 2026) — 17% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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BSP:W1YN34 Wynn Resorts Ltd BSP:W1YN34
77 GF Score
Price R$246.31
GF Value R$289.12
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Wynn Resorts Cyclically Adjusted PB Ratio?

Wynn Resorts BSP:W1YN34 77 Cyclically Adjusted PB Ratio is 22.11 as of Aug. 06, 2026, which is 17% above its 10-year median of 18.92. GuruFocus rates BSP:W1YN34 with a GF Score™ of 77/100 and a GF Value™ of R$289.12 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 644 Travel & Leisure companies, Wynn Resorts ranks worse than 98.91% on this metric.

As of today (2026-08-06), Wynn Resorts's current share price is R$246.31. Wynn Resorts's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was R$11.14. Wynn Resorts's Cyclically Adjusted PB Ratio for today is 22.11.

The historical rank and industry rank for Wynn Resorts's Cyclically Adjusted PB Ratio or its related term are showing as below:

BSP:W1YN34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.97   Med: 18.92   Max: 37.22
Current: 29.1

During the past years, Wynn Resorts's highest Cyclically Adjusted PB Ratio was 37.22. The lowest was 5.97. And the median was 18.92.

BSP:W1YN34's Cyclically Adjusted PB Ratio is ranked worse than
98.91% of 644 companies
in the Travel & Leisure industry
Industry Median: 1.215 vs BSP:W1YN34: 29.10

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Wynn Resorts's adjusted book value per share data for the three months ended in Mar. 2026 was R$-5.339. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is R$11.14 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wynn Resorts  (BSP:W1YN34) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value 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 PB Ratio should give similar results to regular PB Ratio.


Wynn Resorts Cyclically Adjusted PB Ratio Related Terms


Wynn Resorts Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Wynn Resorts's Cyclically Adjusted PB 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.

Wynn Resorts Cyclically Adjusted PB Ratio Chart

Wynn Resorts Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.80 21.76 25.88 25.00 35.05

Wynn Resorts Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB 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 26.95 36.97 35.05 29.21 0.00

BSP:W1YN34 vs MGM, BYD, CZR: Cyclically Adjusted PB Ratio Comparison

For the Resorts & Casinos subindustry, Wynn Resorts's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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 Resorts Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

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

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


BSP:W1YN34
77GF Score
Wynn Resorts Ltd BSP:W1YN34
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wynn Resorts Cyclically Adjusted PB Ratio Calculation

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

Wynn Resorts's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=246.31/11.14
=22.11

* 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 Resorts's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Wynn Resorts's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-5.339/330.2130*330.2130
=-5.339

Current CPI (Mar. 2026) = 330.2130.

Wynn Resorts Quarterly Data

Book Value per Share CPI Adj_Book
201606 -1.170 241.018 -1.603
201609 -2.142 241.428 -2.930
201612 2.602 241.432 3.559
201703 3.365 243.801 4.558
201706 4.393 244.955 5.922
201709 5.015 246.819 6.709
201712 15.160 246.524 20.306
201803 11.304 249.554 14.958
201806 29.729 251.989 38.958
201809 34.103 252.439 44.610
201812 36.833 251.233 48.412
201903 37.069 254.202 48.153
201906 36.741 256.143 47.366
201909 36.811 256.759 47.342
201912 33.318 256.974 42.814
202003 28.128 258.115 35.985
202006 14.899 257.797 19.084
202009 -3.221 260.280 -4.086
202012 -8.393 260.474 -10.640
202103 5.693 264.877 7.097
202106 2.233 271.696 2.714
202109 -1.215 274.310 -1.463
202112 -5.239 278.802 -6.205
202203 -7.235 287.504 -8.310
202206 -13.525 296.311 -15.072
202209 -17.648 296.808 -19.634
202212 -17.370 296.797 -19.326
202303 -16.417 301.836 -17.960
202306 -13.424 305.109 -14.529
202309 -17.901 307.789 -19.205
202312 -5.512 306.746 -5.934
202403 -3.043 312.332 -3.217
202406 -2.656 314.175 -2.792
202409 -7.088 315.301 -7.423
202412 -6.342 315.605 -6.636
202503 -9.808 319.799 -10.127
202506 -11.775 322.561 -12.054
202509 -9.543 324.800 -9.702
202512 -7.227 324.054 -7.364
202603 -5.339 330.213 -5.339

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book 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.

What does a Cyclically Adjusted PB Ratio of 22.11 mean?
Wynn Resorts (BSP:W1YN34) has a Cyclically Adjusted PB Ratio of 22.11 as of Aug. 06, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Wynn Resorts and its competitors. This is 17% above median its historical median of 18.92. Over the past decade, Wynn Resorts' Cyclically Adjusted PB Ratio has ranged from 5.97 to 37.22. According to the industry distribution chart, Wynn Resorts ranks #637 out of 644 companies in the Travel & Leisure industry, placing it in the top 98.9%.
Is Wynn Resorts' Cyclically Adjusted PB Ratio too high?
Wynn Resorts' current Cyclically Adjusted PB Ratio of 22.11 is 17% above median its 10-year median of 18.92. Over the past 10 years, this metric has ranged from a low of 5.97 to a high of 37.22. The Travel & Leisure industry median Cyclically Adjusted PB Ratio is 1.22. Wynn Resorts' value of 22.11 is 1719.8% above this industry median. Based on the distribution chart, Wynn Resorts ranks #637 out of 644 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Wynn Resorts has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wynn Resorts' Cyclically Adjusted PB Ratio compare to MGM and BYD?
According to the Travel & Leisure industry distribution chart, Wynn Resorts ranks #637 out of 644 companies for Cyclically Adjusted PB Ratio. This places Wynn Resorts in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.22. Wynn Resorts' value of 22.11 is 1719.8% above this benchmark. Historically, Wynn Resorts' own Cyclically Adjusted PB Ratio has ranged from 5.97 to 37.22 over the past decade. While the company's 10-year median is 18.92 vs. the industry median of 1.22, Wynn Resorts has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Travel & Leisure company?
The median Cyclically Adjusted PB Ratio among Travel & Leisure companies is 1.22, based on 644 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Wynn Resorts's current Cyclically Adjusted PB Ratio of 22.11 is 1719.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Wynn Resorts and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PB Ratio is 1.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wynn Resorts's current Cyclically Adjusted PB Ratio is 22.11, which is 17% above median its own 10-year median of 18.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wynn Resorts stock overvalued right now?
Based on GuruFocus' analysis, Wynn Resorts (BSP:W1YN34) is currently considered Modestly Undervalued. The stock's GF Value™ is R$289.12, compared to a current price of R$246.31 — trading 14.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 22.11, which is 17% above median its 10-year median of 18.92 and 1719.8% above the Travel & Leisure industry median of 1.22. Wynn Resorts' overall GF Score™ is 77/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Wynn Resorts (BSP:W1YN34), the current Cyclically Adjusted PB Ratio is 22.11 as of Aug. 06, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Wynn Resorts (BSP:W1YN34) Overvalued in 2026?

Based on GuruFocus' analysis, Wynn Resorts stock appears to be undervalued. The current stock price of R$246.31 is trading 14.8% below its estimated GF Value™ of R$289.12. GuruFocus considers Wynn Resorts to be Modestly Undervalued.

Key valuation signals for BSP:W1YN34:

  • Cyclically Adjusted PB Ratio: 22.11 (17% above median its 10-year median of 18.92)
  • GF Value™: R$289.12 vs. price of R$246.31 (14.8% below fair value)
  • GF Score™: 77/100 with 4 warning signs
  • Industry Position: 1719.8% above the Travel & Leisure median (#637 of 644)

No single metric tells the full story. See the BSP:W1YN34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wynn Resorts Business Description

Address 3131 Las Vegas Boulevard South, Las Vegas, NV, USA, 89109
Wynn Resorts operates luxury casinos and resorts. The company was founded in 2002 by Steve Wynn, the former CEO. The company operates four megaresorts: Wynn Macau and Encore in Macao and Wynn Las Vegas and Encore in Las Vegas. Cotai Palace opened in August 2016 in Macao, and Encore Boston Harbor in Massachusetts opened June 2019. We expect the company to continue to build nongaming rooms and attractions in Macao over the next few years, including a new 432-suite tower adjacent to its Palace resort opening in 2029. We model Wynn's managed integrated resort in the United Arab Emirates to open in 2027. The company received 49% and 51% of its 2025 prepandemic EBITDA from Macao and the US, respectively.
77GF Score

Get the complete analysis for BSP:W1YN34

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$246.31
Price
R$289.12
GF Value