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Monarch Casino & Resort (FRA:MOI) Cyclically Adjusted PS Ratio : 3.69 (As of Jun. 09, 2024)


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What is Monarch Casino & Resort Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Monarch Casino & Resort's current share price is €61.50. Monarch Casino & Resort's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €16.67. Monarch Casino & Resort's Cyclically Adjusted PS Ratio for today is 3.69.

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

FRA:MOI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.17   Med: 3.66   Max: 6.13
Current: 3.65

During the past years, Monarch Casino & Resort's highest Cyclically Adjusted PS Ratio was 6.13. The lowest was 1.17. And the median was 3.66.

FRA:MOI's Cyclically Adjusted PS Ratio is ranked worse than
78.75% of 640 companies
in the Travel & Leisure industry
Industry Median: 1.44 vs FRA:MOI: 3.65

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Monarch Casino & Resort's adjusted revenue per share data for the three months ended in Mar. 2024 was €5.693. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €16.67 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Monarch Casino & Resort Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Monarch Casino & Resort's Cyclically Adjusted PS 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 PS Ratio Chart

Monarch Casino & Resort Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.02 5.03 5.25 4.76 3.89

Monarch Casino & Resort Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS 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 4.45 4.13 3.54 3.89 4.08

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

For the Resorts & Casinos subindustry, Monarch Casino & Resort's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 PS Ratio Distribution in the Travel & Leisure Industry

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

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



Monarch Casino & Resort Cyclically Adjusted PS Ratio Calculation

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

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=61.50/16.67
=3.69

* 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 Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=5.693/131.7762*131.7762
=5.693

Current CPI (Mar. 2024) = 131.7762.

Monarch Casino & Resort Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.057 100.560 2.696
201409 2.216 100.428 2.908
201412 2.176 99.070 2.894
201503 2.534 99.621 3.352
201506 2.576 100.684 3.371
201509 2.752 100.392 3.612
201512 2.701 99.792 3.567
201603 2.547 100.470 3.341
201606 2.763 101.688 3.581
201609 2.872 101.861 3.715
201612 2.953 101.863 3.820
201703 2.771 102.862 3.550
201706 2.846 103.349 3.629
201709 2.874 104.136 3.637
201712 2.515 104.011 3.186
201803 2.439 105.290 3.053
201806 2.762 106.317 3.423
201809 2.960 106.507 3.662
201812 2.833 105.998 3.522
201903 2.792 107.251 3.430
201906 2.976 108.070 3.629
201909 3.183 108.329 3.872
201912 2.981 108.420 3.623
202003 2.446 108.902 2.960
202006 0.740 108.767 0.897
202009 2.695 109.815 3.234
202012 2.520 109.897 3.022
202103 3.265 111.754 3.850
202106 4.167 114.631 4.790
202109 4.885 115.734 5.562
202112 5.035 117.630 5.641
202203 5.020 121.301 5.454
202206 5.570 125.017 5.871
202209 6.925 125.227 7.287
202212 5.795 125.222 6.098
202303 5.543 127.348 5.736
202306 5.819 128.729 5.957
202309 6.354 129.860 6.448
202312 6.000 129.419 6.109
202403 5.693 131.776 5.693

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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  (FRA:MOI) Cyclically Adjusted PS Ratio Explanation

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


Monarch Casino & Resort Cyclically Adjusted PS Ratio Related Terms

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


Monarch Casino & Resort (FRA:MOI) Business Description

Traded in Other Exchanges
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.

Monarch Casino & Resort (FRA:MOI) Headlines

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