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Millenniumpthorne Hotels New ZealandNZSE:MCK +1.29%77 Cyclically Adjusted PS Ratio is 2.04 as of Jul. 30, 2026, which is 5% below its 10-year median of 2.14. GuruFocus rates NZSE:MCK with a GF Score™ of 77/100 and a GF Value™ of NZ$2.70 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 670 Travel & Leisure companies, Millenniumpthorne Hotels New Zealand ranks worse than 64.93% on this metric.
The historical rank and industry rank for Millenniumpthorne Hotels New Zealand's Cyclically Adjusted PS Ratio or its related term are showing as below:
NZSE:MCK'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.14 Med: 2.14 Max: 6.06
Current: 2.06
During the past 13 years, Millenniumpthorne Hotels New Zealand's highest Cyclically Adjusted PS Ratio was 6.06. The lowest was 1.14. And the median was 2.14.
NZSE:MCK's Cyclically Adjusted PS Ratio is ranked worse than 64.93% of 670
companies
in the Travel & Leisure industry
Industry Median: 1.295
vs NZSE:MCK: 2.06
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.
Millenniumpthorne Hotels New Zealand's adjusted revenue per share data of for the fiscal year that ended in Dec25 was NZ$1.179. 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 NZ$1.54 for the trailing ten years ended in Dec25.
Shiller PE for Stocks: The True Measure of Stock Valuation
Millenniumpthorne Hotels New Zealand (NZSE:MCK) 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.
Millenniumpthorne Hotels New Zealand Cyclically Adjusted PS Ratio Related Terms
Millenniumpthorne Hotels New Zealand Cyclically Adjusted PS Ratio Historical Data
* 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.
Millenniumpthorne Hotels New Zealand Cyclically Adjusted PS Ratio Chart
NZSE:MCK vs MAR, HLT, H: Cyclically Adjusted PS Ratio Comparison
For the Lodging subindustry, Millenniumpthorne Hotels New Zealand'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.
Millenniumpthorne Hotels New Zealand Cyclically Adjusted PS Ratio vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Millenniumpthorne Hotels New Zealand's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Millenniumpthorne Hotels New Zealand's Cyclically Adjusted PS Ratio falls into.
Millenniumpthorne Hotels New Zealand 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.
* 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.
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 PS Ratio of 2.04 mean?
Millenniumpthorne Hotels New Zealand (NZSE:MCK) has a Cyclically Adjusted PS Ratio of 2.04 as of Jul. 30, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Millenniumpthorne Hotels New Zealand and its competitors. This is near median its historical median of 2.14. Over the past decade, Millenniumpthorne Hotels New Zealand's Cyclically Adjusted PS Ratio has ranged from 1.14 to 6.06. According to the industry distribution chart, Millenniumpthorne Hotels New Zealand ranks #435 out of 670 companies in the Travel & Leisure industry, placing it in the top 64.9%.
Is Millenniumpthorne Hotels New Zealand's Cyclically Adjusted PS Ratio too high?
Millenniumpthorne Hotels New Zealand's current Cyclically Adjusted PS Ratio of 2.04 is near median its 10-year median of 2.14. Over the past 10 years, this metric has ranged from a low of 1.14 to a high of 6.06. The Travel & Leisure industry median Cyclically Adjusted PS Ratio is 1.30. Millenniumpthorne Hotels New Zealand's value of 2.04 is 57.5% above this industry median. Based on the distribution chart, Millenniumpthorne Hotels New Zealand ranks #435 out of 670 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Millenniumpthorne Hotels New Zealand has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Millenniumpthorne Hotels New Zealand's Cyclically Adjusted PS Ratio compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Millenniumpthorne Hotels New Zealand ranks #435 out of 670 companies for Cyclically Adjusted PS Ratio. This places Millenniumpthorne Hotels New Zealand in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.30. Millenniumpthorne Hotels New Zealand's value of 2.04 is 57.5% above this benchmark. Historically, Millenniumpthorne Hotels New Zealand's own Cyclically Adjusted PS Ratio has ranged from 1.14 to 6.06 over the past decade. While the company's 10-year median is 2.14 vs. the industry median of 1.30, Millenniumpthorne Hotels New Zealand 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 PS Ratio for a Travel & Leisure company?
The median Cyclically Adjusted PS Ratio among Travel & Leisure companies is 1.30, based on 670 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Millenniumpthorne Hotels New Zealand's current Cyclically Adjusted PS Ratio of 2.04 is 57.5% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Millenniumpthorne Hotels New Zealand and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PS Ratio is 1.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Millenniumpthorne Hotels New Zealand's current Cyclically Adjusted PS Ratio is 2.04, which is near median its own 10-year median of 2.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millenniumpthorne Hotels New Zealand stock overvalued right now?
Based on GuruFocus' analysis, Millenniumpthorne Hotels New Zealand (NZSE:MCK) is currently considered Modestly Overvalued. The stock's GF Value™ is NZ$2.70, compared to a current price of NZ$3.14 — trading 16.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.04, which is near median its 10-year median of 2.14 and 57.5% above the Travel & Leisure industry median of 1.30. Millenniumpthorne Hotels New Zealand's overall GF Score™ is 77/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Millenniumpthorne Hotels New Zealand (NZSE:MCK), the current Cyclically Adjusted PS Ratio is 2.04 as of Jul. 30, 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 Millenniumpthorne Hotels New Zealand (NZSE:MCK) Overvalued in 2026?
Based on GuruFocus' analysis, Millenniumpthorne Hotels New Zealand stock appears to be overvalued.
The current stock price of NZ$3.14 is trading 16.3% above its estimated GF Value™ of NZ$2.70.
GuruFocus considers Millenniumpthorne Hotels New Zealand to be Modestly Overvalued.
Key valuation signals for NZSE:MCK:
Cyclically Adjusted PS Ratio: 2.04 (near median its 10-year median of 2.14)
GF Value™: NZ$2.70 vs. price of NZ$3.14 (16.3% above fair value)
Industry Position: 57.5% above the Travel & Leisure median (#435 of 670)
No single metric tells the full story. See the NZSE:MCK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Millenniumpthorne Hotels New Zealand Business Description
Millennium & Copthorne Hotels New Zealand Ltd is engaged in the ownership and operation of hotels in New Zealand. The Group is also involved in the development and sale of residential land in New Zealand; investment properties comprising commercial warehousing and retail shops in New Zealand; and the development and sale of residential units in Australia. Its operating segments are: Hotel operations, Residential land development, Investment property, and Residential and commercial property development. Maximum revenue is generated from the Hotel operations segment, which includes income from the ownership and management of hotels. Geographically, the Group generates maximum revenue from New Zealand, and the rest from Australia.
77GF Score
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