Wynn Resorts (MEX:WYNN) Cyclically Adjusted PB Ratio: 27.71 (As of Aug. 14, 2026) — 46% Above Median

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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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.

MEX:WYNN Wynn Resorts Ltd MEX:WYNN
71 GF Score
Price MXN1,783.90
GF Value MXN1,952.41
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Wynn Resorts Cyclically Adjusted PB Ratio?

Wynn Resorts MEX:WYNN 71 Cyclically Adjusted PB Ratio is 27.71 as of Aug. 14, 2026, which is 46% above its 10-year median of 18.94. GuruFocus rates MEX:WYNN with a GF Score™ of 71/100 and a GF Value™ of MXN1,952.41 (Fairly Valued). The stock has 4 warning signs investors should review. Among 639 Travel & Leisure companies, Wynn Resorts ranks worse than 98.75% on this metric.

As of today (2026-08-14), Wynn Resorts's current share price is MXN1783.90. Wynn Resorts's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN64.38. Wynn Resorts's Cyclically Adjusted PB Ratio for today is 27.71.

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

MEX:WYNN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.97   Med: 18.94   Max: 37.22
Current: 29.26

During the past years, Wynn Resorts's highest Cyclically Adjusted PB Ratio was 37.22. The lowest was 5.97. And the median was 18.94.

MEX:WYNN's Cyclically Adjusted PB Ratio is ranked worse than
98.75% of 639 companies
in the Travel & Leisure industry
Industry Median: 1.2 vs MEX:WYNN: 29.26

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 Jun. 2026 was MXN-28.594. 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 MXN64.38 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wynn Resorts  (MEX:WYNN) 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 27.75

MEX:WYNN 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.


MEX:WYNN
71GF Score
Wynn Resorts Ltd MEX:WYNN
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
=1783.90/64.38
=27.71

* 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 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)
=-28.594/333.9520*333.9520
=-28.594

Current CPI (Jun. 2026) = 333.9520.

Wynn Resorts Quarterly Data

Book Value per Share CPI Adj_Book
201609 -25.466 241.428 -35.225
201612 31.989 241.432 44.248
201703 40.512 243.801 55.492
201706 48.189 244.955 65.697
201709 58.104 246.819 78.616
201712 180.720 246.524 244.811
201803 125.263 249.554 167.626
201806 309.818 251.989 410.591
201809 310.513 252.439 410.778
201812 372.463 251.233 495.097
201903 374.450 254.202 491.925
201906 366.081 256.143 477.286
201909 352.822 256.759 458.896
201912 306.190 256.974 397.911
202003 269.961 258.115 349.278
202006 132.565 257.797 171.726
202009 -26.357 260.280 -33.817
202012 -64.900 260.474 -83.208
202103 41.304 264.877 52.075
202106 17.681 271.696 21.732
202109 -9.465 274.310 -11.523
202112 -38.012 278.802 -45.531
202203 -57.893 287.504 -67.246
202206 -107.813 296.311 -121.509
202209 -135.401 296.808 -152.346
202212 -129.121 296.797 -145.285
202303 -113.628 301.836 -125.718
202306 -94.828 305.109 -103.792
202309 -126.276 307.789 -137.010
202312 -38.188 306.746 -41.575
202403 -20.281 312.332 -21.685
202406 -18.065 314.175 -19.202
202409 -50.407 315.301 -53.389
202412 -43.359 315.605 -45.880
202503 -69.697 319.799 -72.782
202506 -79.959 322.561 -82.783
202509 -65.285 324.800 -67.125
202512 -47.701 324.054 -49.158
202603 -36.818 330.213 -37.235
202606 -28.594 333.952 -28.594

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 27.71 mean?
Wynn Resorts (MEX:WYNN) has a Cyclically Adjusted PB Ratio of 27.71 as of Aug. 14, 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 46% above median its historical median of 18.94. 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 #631 out of 639 companies in the Travel & Leisure industry, placing it in the top 98.7%.
Is Wynn Resorts' Cyclically Adjusted PB Ratio too high?
Wynn Resorts' current Cyclically Adjusted PB Ratio of 27.71 is 46% above median its 10-year median of 18.94. 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 1.20. Wynn Resorts' value of 27.71 is 2209.2% above this industry median. Based on the distribution chart, Wynn Resorts ranks #631 out of 639 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Wynn Resorts has a GF Score™ of 71/100 and is considered Fairly Valued, 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 #631 out of 639 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 1.20. Wynn Resorts' value of 27.71 is 2209.2% 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 18.94 vs. the industry median of 1.20, 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 1.20, based on 639 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 27.71 is 2209.2% 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 1.20 — 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 27.71, which is 46% above median its own 10-year median of 18.94. 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 (MEX:WYNN) is currently considered Fairly Valued. The stock's GF Value™ is MXN1,952.41, compared to a current price of MXN1,783.90 — trading 8.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 27.71, which is 46% above median its 10-year median of 18.94 and 2209.2% above the Travel & Leisure industry median of 1.20. Wynn Resorts' overall GF Score™ is 71/100 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 (MEX:WYNN), the current Cyclically Adjusted PB Ratio is 27.71 as of Aug. 14, 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 (MEX:WYNN) Overvalued in 2026?

Based on GuruFocus' analysis, Wynn Resorts stock appears to be undervalued. The current stock price of MXN1,783.90 is trading 8.6% below its estimated GF Value™ of MXN1,952.41. GuruFocus considers Wynn Resorts to be Fairly Valued.

Key valuation signals for MEX:WYNN:

  • Cyclically Adjusted PB Ratio: 27.71 (46% above median its 10-year median of 18.94)
  • GF Value™: MXN1,952.41 vs. price of MXN1,783.90 (8.6% below fair value)
  • GF Score™: 71/100 with 4 warning signs
  • Industry Position: 2209.2% above the Travel & Leisure median (#631 of 639)

No single metric tells the full story. See the MEX:WYNN 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.
71GF Score

Get the complete analysis for MEX:WYNN

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

MXN1,783.90
Price
MXN1,952.41
GF Value