Wynn Resorts (FRA:WYR) Cyclically Adjusted PB Ratio: (As of Sep. 16, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:WYR Wynn Resorts Ltd FRA:WYR
75 GF Score
Price €76.02
GF Value €100.31
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Wynn Resorts Cyclically Adjusted PB Ratio?

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 21.23 32.95 62.24 319.39 0.00

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 0.00 0.00 0.00 0.00 0.00

FRA:WYR vs MGM, CZR, BYD: 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
75GF Score
Wynn Resorts Ltd FRA:WYR
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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 Book per Share for the quarter that ended in Jun. 2026 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=-7.669/333.9520*333.9520
=-7.669

Current CPI (Jun. 2026) = 333.9520.

Wynn Resorts Quarterly Data

Book Value per Share CPI Adj_Book
201609 -0.564 241.428 -0.780
201612 2.402 241.432 3.322
201703 3.225 243.801 4.418
201706 3.058 244.955 4.169
201709 3.277 246.819 4.434
201712 8.718 246.524 11.810
201803 6.078 249.554 8.134
201806 14.345 251.989 19.011
201809 12.196 252.439 16.134
201812 14.805 251.233 19.680
201903 15.843 254.202 20.813
201906 15.104 256.143 19.692
201909 14.233 256.759 18.512
201912 12.791 256.974 16.623
202003 8.384 258.115 10.847
202006 2.263 257.797 2.932
202009 -4.321 260.280 -5.544
202012 -5.585 260.474 -7.160
202103 -1.493 264.877 -1.882
202106 -2.579 271.696 -3.170
202109 -4.421 274.310 -5.382
202112 -6.355 278.802 -7.612
202203 -8.011 287.504 -9.305
202206 -11.560 296.311 -13.028
202209 -14.378 296.808 -16.177
202212 -13.557 296.797 -15.254
202303 -13.072 301.836 -14.463
202306 -12.124 305.109 -13.270
202309 -14.240 307.789 -15.450
202312 -8.919 306.746 -9.710
202403 -7.819 312.332 -8.360
202406 -7.556 314.175 -8.032
202409 -8.685 315.301 -9.199
202412 -8.675 315.605 -9.179
202503 -9.636 319.799 -10.062
202506 -9.897 322.561 -10.247
202509 -9.343 324.800 -9.606
202512 -8.444 324.054 -8.702
202603 -7.883 330.213 -7.972
202606 -7.669 333.952 -7.669

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.

Is Wynn Resorts (FRA:WYR) Overvalued in 2026?

Based on GuruFocus' analysis, Wynn Resorts stock appears to be undervalued. The current stock price of €76.02 is trading 24.2% below its estimated GF Value™ of €100.31. GuruFocus considers Wynn Resorts to be Modestly Undervalued.

Key valuation signals for FRA:WYR:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €100.31 vs. price of €76.02 (24.2% below fair value)
  • GF Score™: 75/100 with 4 warning signs

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.
75GF 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.

€76.02
Price
€100.31
GF Value