Wynn Resorts (FRA:WYR) Cyclically Adjusted PB Ratio: 28.52 (As of Aug. 01, 2026) — 51% Above Median

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FRA:WYR Wynn Resorts Ltd FRA:WYR
76 GF Score
Price €85.84
GF Value €102.57
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Wynn Resorts Cyclically Adjusted PB Ratio?

Wynn Resorts FRA:WYR +0.13% 76 Cyclically Adjusted PB Ratio is 28.52 as of Aug. 01, 2026, which is 51% above its 10-year median of 18.87. GuruFocus rates FRA:WYR with a GF Score™ of 76/100 and a GF Value™ of €102.57 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 643 Travel & Leisure companies, Wynn Resorts ranks worse than 98.76% on this metric.

As of today (2026-08-01), Wynn Resorts's current share price is €85.84. Wynn Resorts's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €3.01. Wynn Resorts's Cyclically Adjusted PB Ratio for today is 28.52.

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

FRA:WYR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.97   Med: 18.87   Max: 37.22
Current: 28.57

During the past years, Wynn Resorts's highest Cyclically Adjusted PB Ratio was 37.22. The lowest was 5.97. And the median was 18.87.

FRA:WYR's Cyclically Adjusted PB Ratio is ranked worse than
98.76% of 643 companies
in the Travel & Leisure industry
Industry Median: 1.21 vs FRA:WYR: 28.57

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 €-1.766. 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 €3.01 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wynn Resorts  (FRA:WYR) 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
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 23.98 26.95 36.97 35.05 29.21

FRA:WYR 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.


FRA:WYR
76GF Score
Wynn Resorts Ltd FRA:WYR
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
=85.84/3.01
=28.52

* 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)
=-1.766/330.2130*330.2130
=-1.766

Current CPI (Mar. 2026) = 330.2130.

Wynn Resorts Quarterly Data

Book Value per Share CPI Adj_Book
201606 -0.608 241.018 -0.833
201609 -1.173 241.428 -1.604
201612 1.471 241.432 2.012
201703 2.012 243.801 2.725
201706 2.373 244.955 3.199
201709 2.686 246.819 3.594
201712 7.776 246.524 10.416
201803 5.592 249.554 7.399
201806 13.497 251.989 17.687
201809 14.227 252.439 18.610
201812 16.674 251.233 21.916
201903 17.084 254.202 22.192
201906 16.866 256.143 21.743
201909 16.227 256.759 20.869
201912 14.611 256.974 18.775
202003 10.419 258.115 13.329
202006 5.100 257.797 6.533
202009 -1.013 260.280 -1.285
202012 -2.682 260.474 -3.400
202103 1.697 264.877 2.116
202106 0.737 271.696 0.896
202109 -0.391 274.310 -0.471
202112 -1.640 278.802 -1.942
202203 -2.640 287.504 -3.032
202206 -5.070 296.311 -5.650
202209 -6.799 296.808 -7.564
202212 -6.252 296.797 -6.956
202303 -5.888 301.836 -6.442
202306 -5.105 305.109 -5.525
202309 -6.793 307.789 -7.288
202312 -2.063 306.746 -2.221
202403 -1.124 312.332 -1.188
202406 -0.916 314.175 -0.963
202409 -2.307 315.301 -2.416
202412 -1.985 315.605 -2.077
202503 -3.151 319.799 -3.254
202506 -3.682 322.561 -3.769
202509 -3.032 324.800 -3.083
202512 -2.262 324.054 -2.305
202603 -1.766 330.213 -1.766

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 28.52 mean?
Wynn Resorts (FRA:WYR) has a Cyclically Adjusted PB Ratio of 28.52 as of Aug. 01, 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 51% above median its historical median of 18.87. 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 #635 out of 643 companies in the Travel & Leisure industry, placing it in the top 98.8%.
Is Wynn Resorts' Cyclically Adjusted PB Ratio too high?
Wynn Resorts' current Cyclically Adjusted PB Ratio of 28.52 is 51% above median its 10-year median of 18.87. 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 1.21. Wynn Resorts' value of 28.52 is 2257% above this industry median. Based on the distribution chart, Wynn Resorts ranks #635 out of 643 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Wynn Resorts has a GF Score™ of 76/100 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 #635 out of 643 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 1.21. Wynn Resorts' value of 28.52 is 2257% 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 18.87 vs. the industry median of 1.21, 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 1.21, based on 643 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 28.52 is 2257% 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 1.21 — 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 28.52, which is 51% above median its own 10-year median of 18.87. 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 (FRA:WYR) is currently considered Modestly Undervalued. The stock's GF Value™ is €102.57, compared to a current price of €85.84 — trading 16.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 28.52, which is 51% above median its 10-year median of 18.87 and 2257% above the Travel & Leisure industry median of 1.21. Wynn Resorts' overall GF Score™ is 76/100 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 (FRA:WYR), the current Cyclically Adjusted PB Ratio is 28.52 as of Aug. 01, 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 (FRA:WYR) Overvalued in 2026?

Based on GuruFocus' analysis, Wynn Resorts stock appears to be undervalued. The current stock price of €85.84 is trading 16.3% below its estimated GF Value™ of €102.57. GuruFocus considers Wynn Resorts to be Modestly Undervalued.

Key valuation signals for FRA:WYR:

  • Cyclically Adjusted PB Ratio: 28.52 (51% above median its 10-year median of 18.87)
  • GF Value™: €102.57 vs. price of €85.84 (16.3% below fair value)
  • GF Score™: 76/100 with 4 warning signs
  • Industry Position: 2257% above the Travel & Leisure median (#635 of 643)

No single metric tells the full story. See the FRA:WYR 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.
76GF Score

Get the complete analysis for FRA:WYR

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

€85.84
Price
€102.57
GF Value