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MCRI (Monarch Casino & Resort) Cyclically Adjusted PB Ratio : 3.46 (As of Apr. 26, 2025)


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What is Monarch Casino & Resort Cyclically Adjusted PB Ratio?

As of today (2025-04-26), Monarch Casino & Resort's current share price is $77.49. Monarch Casino & Resort's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $22.42. Monarch Casino & Resort's Cyclically Adjusted PB Ratio for today is 3.46.

The historical rank and industry rank for Monarch Casino & Resort's Cyclically Adjusted PB Ratio or its related term are showing as below:

MCRI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.26   Med: 3.57   Max: 5.44
Current: 3.44

During the past years, Monarch Casino & Resort's highest Cyclically Adjusted PB Ratio was 5.44. The lowest was 1.26. And the median was 3.57.

MCRI's Cyclically Adjusted PB Ratio is ranked worse than
81.38% of 580 companies
in the Travel & Leisure industry
Industry Median: 1.225 vs MCRI: 3.44

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.

Monarch Casino & Resort's adjusted book value per share data for the three months ended in Dec. 2024 was $28.082. 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 $22.42 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Monarch Casino & Resort Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Monarch Casino & Resort'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.

* Premium members only.

Monarch Casino & Resort Cyclically Adjusted PB Ratio Chart

Monarch Casino & Resort Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.49 4.65 4.16 3.38 3.52

Monarch Casino & Resort Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 3.55 3.15 3.59 3.52 -

Competitive Comparison of Monarch Casino & Resort's Cyclically Adjusted PB Ratio

For the Resorts & Casinos subindustry, Monarch Casino & Resort'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.


Monarch Casino & Resort's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Monarch Casino & Resort's Cyclically Adjusted PB Ratio falls into.


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Monarch Casino & Resort 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.

Monarch Casino & Resort's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=77.49/22.42
=3.46

* 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.

Monarch Casino & Resort's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Monarch Casino & Resort's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=28.082/133.1571*133.1571
=28.082

Current CPI (Dec. 2024) = 133.1571.

Monarch Casino & Resort Quarterly Data

Book Value per Share CPI Adj_Book
201503 10.781 99.621 14.410
201506 11.112 100.684 14.696
201509 11.508 100.392 15.264
201512 11.854 99.792 15.817
201603 12.128 100.470 16.074
201606 12.484 101.688 16.347
201609 12.965 101.861 16.948
201612 13.387 101.863 17.500
201703 13.692 102.862 17.725
201706 14.134 103.349 18.211
201709 14.724 104.136 18.827
201712 15.005 104.011 19.210
201803 15.146 105.290 19.155
201806 15.698 106.317 19.661
201809 16.355 106.507 20.447
201812 16.808 105.998 21.115
201903 17.253 107.251 21.421
201906 17.824 108.070 21.962
201909 18.399 108.329 22.616
201912 18.808 108.420 23.099
202003 18.935 108.902 23.152
202006 18.715 108.767 22.912
202009 19.361 109.815 23.476
202012 19.975 109.897 24.203
202103 20.516 111.754 24.445
202106 21.564 114.631 25.049
202109 22.779 115.734 26.208
202112 23.875 117.630 27.027
202203 24.646 121.301 27.055
202206 25.748 125.017 27.425
202209 27.275 125.227 29.002
202212 28.226 125.222 30.015
202303 24.222 127.348 25.327
202306 25.169 128.729 26.035
202309 26.239 129.860 26.905
202312 26.879 129.419 27.655
202403 27.027 131.776 27.310
202406 27.070 132.554 27.193
202409 27.944 133.029 27.971
202412 28.082 133.157 28.082

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.


Monarch Casino & Resort  (NAS:MCRI) 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.


Monarch Casino & Resort Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Monarch Casino & Resort's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Monarch Casino & Resort Business Description

Traded in Other Exchanges
N/A
Address
3800 South Virginia Street, Reno, NV, USA, 89502
Monarch Casino & Resort Inc is engaged in providing the latest gaming, dining, and hospitality amenities. It owns and operates the Atlantis Casino Resort Spa, a hotel/casino facility in Reno, Nevada, and the Monarch Black Hawk Casino in Black Hawk. The company generates the majority of its revenue from Casinos, followed by Food & Beverage and Hotel Operations.
Executives
John Farahi director, 10 percent owner, officer: Co-Chairman and CEO MONARCH CASINO & RESORT INC, 1175 MOANA LANE SUITE 200, RENO NV 89509
Bob Farahi director, 10 percent owner, officer: Co-Chairman and President MONARCH CASINO & RESORT INC, 3800 S. VIRGINIA STREET, RENO NV 89502
David-jacques Farahi officer: Chief Operating Officer 3800 S. VIRGINIA STREET, RENO NV 89502
Edwin S. Koenig officer: CAO 3800 S. VIRGINIA STREET, RENO NV 89502
Ben Farahi 10 percent owner 3652 SOUTH VIRGINIA ST., SUITE C7, RENO NV 89502
Craig F Sullivan director
Richard L. Cooley officer: Vice President of Finance 3800 S. VIRGINIA STREET, RENO NV 89502
Ronald Rowan officer: Chief Financial Officer 3800 S. VIRGINIA STREET, EXECUTIVE OFFICES, RENO NV 89502
Paul Andrews director 3800 S. VIRGINIA STREET, RENO NV 89502
Yvette Landau director
Ronald R Zideck director
Charles W Scharer director C/O GAMETECH INTERNATIONAL INC, 900 SANDHILL ROAD, RENO NV 89521