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Wynn Resorts (HAM:WYR) Cyclically Adjusted PS Ratio : 1.79 (As of May. 15, 2024)


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What is Wynn Resorts Cyclically Adjusted PS Ratio?

As of today (2024-05-15), Wynn Resorts's current share price is €90.37. Wynn Resorts's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €50.39. Wynn Resorts's Cyclically Adjusted PS Ratio for today is 1.79.

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

HAM:WYR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.9   Med: 2.3   Max: 7.8
Current: 1.78

During the past years, Wynn Resorts's highest Cyclically Adjusted PS Ratio was 7.80. The lowest was 0.90. And the median was 2.30.

HAM:WYR's Cyclically Adjusted PS Ratio is ranked worse than
56.34% of 639 companies
in the Travel & Leisure industry
Industry Median: 1.48 vs HAM:WYR: 1.78

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.

Wynn Resorts's adjusted revenue per share data for the three months ended in Mar. 2024 was €15.394. 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 €50.39 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wynn Resorts Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Wynn Resorts'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.

Wynn Resorts Cyclically Adjusted PS Ratio Chart

Wynn Resorts 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 2.58 2.15 1.56 1.50 1.65

Wynn Resorts 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 2.02 1.90 1.66 1.65 1.86

Competitive Comparison of Wynn Resorts's Cyclically Adjusted PS Ratio

For the Resorts & Casinos subindustry, Wynn Resorts'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.


Wynn Resorts's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Wynn Resorts's Cyclically Adjusted PS Ratio falls into.



Wynn Resorts 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.

Wynn Resorts's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=90.37/50.39
=1.79

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

For example, Wynn Resorts'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)
=15.394/129.4194*129.4194
=15.394

Current CPI (Mar. 2024) = 129.4194.

Wynn Resorts Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 10.187 100.560 13.111
201409 10.423 100.428 13.432
201412 9.069 99.070 11.847
201503 9.979 99.621 12.964
201506 9.115 100.684 11.716
201509 8.739 100.392 11.266
201512 8.559 99.792 11.100
201603 8.811 100.470 11.350
201606 9.246 101.688 11.767
201609 9.748 101.861 12.385
201612 10.976 101.863 13.945
201703 13.042 102.862 16.409
201706 12.790 103.349 16.016
201709 12.662 104.136 15.736
201712 13.306 104.011 16.556
201803 13.565 105.290 16.674
201806 12.677 106.317 15.432
201809 13.495 106.507 16.398
201812 13.740 105.998 16.776
201903 13.651 107.251 16.473
201906 13.698 108.070 16.404
201909 14.021 108.329 16.751
201912 13.925 108.420 16.622
202003 8.092 108.902 9.617
202006 0.713 108.767 0.848
202009 2.945 109.815 3.471
202012 5.279 109.897 6.217
202103 5.574 111.754 6.455
202106 7.174 114.631 8.099
202109 7.374 115.734 8.246
202112 8.036 117.630 8.841
202203 7.525 121.301 8.029
202206 7.511 125.017 7.776
202209 7.973 125.227 8.240
202212 8.447 125.222 8.730
202303 11.755 127.348 11.946
202306 13.012 128.729 13.082
202309 13.889 129.860 13.842
202312 15.066 129.419 15.066
202403 15.394 129.419 15.394

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.


Wynn Resorts  (HAM:WYR) 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.


Wynn Resorts Cyclically Adjusted PS Ratio Related Terms

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


Wynn Resorts (HAM:WYR) Business Description

Traded in Other Exchanges
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 open a new building next to its existing Wynn Palace resort in around 2028. The company also operates Wynn Interactive, a digital sports betting and iGaming platform. The company received 76% and 24% of its 2019 prepandemic EBITDA from Macao and Las Vegas, respectively.

Wynn Resorts (HAM:WYR) Headlines

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