Melco Resorts and Entertainment (STU:MAS) Cyclically Adjusted PS Ratio: 0.65 (As of Jul. 05, 2026) — 36% Below Median


STU:MAS Melco Resorts and Entertainment Ltd STU:MAS
67 GF Score
Price €4.66
GF Value €7.05
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Melco Resorts and Entertainment Cyclically Adjusted PS Ratio?

Melco Resorts and Entertainment STU:MAS -0.85% 67 Cyclically Adjusted PS Ratio is 0.65 as of Jul. 05, 2026, which is 36% below its 10-year median of 1.02. GuruFocus rates STU:MAS with a GF Score™ of 67/100 and a GF Value™ of €7.05 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 670 Travel & Leisure companies, Melco Resorts and Entertainment ranks better than 73.13% on this metric.

As of today (2026-07-05), Melco Resorts and Entertainment's current share price is €4.66. Melco Resorts and Entertainment's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €7.19. Melco Resorts and Entertainment's Cyclically Adjusted PS Ratio for today is 0.65.

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

STU:MAS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.55   Med: 1.02   Max: 2.53
Current: 0.58

During the past years, Melco Resorts and Entertainment's highest Cyclically Adjusted PS Ratio was 2.53. The lowest was 0.55. And the median was 1.02.

STU:MAS's Cyclically Adjusted PS Ratio is ranked better than
73.13% of 670 companies
in the Travel & Leisure industry
Industry Median: 1.29 vs STU:MAS: 0.58

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.

Melco Resorts and Entertainment's adjusted revenue per share data for the three months ended in Mar. 2026 was €3.005. 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 €7.19 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Melco Resorts and Entertainment  (STU:MAS) 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.


Melco Resorts and Entertainment Cyclically Adjusted PS Ratio Related Terms


Melco Resorts and Entertainment Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Melco Resorts and Entertainment'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.

Melco Resorts and Entertainment Cyclically Adjusted PS Ratio Chart

Melco Resorts and Entertainment Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.11 1.33 1.05 0.66 0.69

Melco Resorts and Entertainment Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.62 0.72 0.71 0.69 0.68

STU:MAS vs LVS, MGM, WYNN: Cyclically Adjusted PS Ratio Comparison

For the Resorts & Casinos subindustry, Melco Resorts and Entertainment'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.


Melco Resorts and Entertainment Cyclically Adjusted PS Ratio vs Travel & Leisure Industry

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

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


STU:MAS
67GF Score
Melco Resorts and Entertainment Ltd STU:MAS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Melco Resorts and Entertainment 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.

Melco Resorts and Entertainment's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.66/7.19
=0.65

* 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.

Melco Resorts and Entertainment's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Melco Resorts and Entertainment's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=3.005/121.4731*121.4731
=3.005

Current CPI (Mar. 2026) = 121.4731.

Melco Resorts and Entertainment Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.867 101.686 2.230
201609 2.094 102.565 2.480
201612 2.303 103.225 2.710
201703 2.427 103.335 2.853
201706 2.343 103.664 2.746
201709 2.342 103.994 2.736
201712 2.181 104.984 2.524
201803 2.153 105.973 2.468
201806 2.123 106.193 2.428
201809 2.089 106.852 2.375
201812 2.552 107.622 2.880
201903 2.385 108.172 2.678
201906 2.691 109.601 2.983
201909 2.716 110.260 2.992
201912 2.712 110.700 2.976
202003 1.534 110.920 1.680
202006 0.327 110.590 0.359
202009 0.379 107.512 0.428
202012 0.910 109.711 1.008
202103 0.913 111.579 0.994
202106 0.981 111.360 1.070
202109 0.792 109.051 0.882
202112 0.893 112.349 0.966
202203 0.910 113.558 0.973
202206 0.591 113.448 0.633
202209 0.528 113.778 0.564
202212 0.715 114.548 0.758
202303 1.514 115.427 1.593
202306 2.003 115.647 2.104
202309 2.181 116.087 2.282
202312 2.294 117.296 2.376
202403 2.328 117.735 2.402
202406 2.444 117.296 2.531
202409 2.451 118.615 2.510
202412 2.706 118.945 2.764
202503 2.729 119.384 2.777
202506 2.912 119.055 2.971
202509 2.827 119.934 2.863
202512 2.796 120.704 2.814
202603 3.005 121.473 3.005

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.

What does a Cyclically Adjusted PS Ratio of 0.65 mean?
Melco Resorts and Entertainment (STU:MAS) has a Cyclically Adjusted PS Ratio of 0.65 as of Jul. 05, 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 Melco Resorts and Entertainment and its competitors. This is 36% below median its historical median of 1.02. Over the past decade, Melco Resorts and Entertainment's Cyclically Adjusted PS Ratio has ranged from 0.55 to 2.53. According to the industry distribution chart, Melco Resorts and Entertainment ranks #180 out of 670 companies in the Travel & Leisure industry, placing it in the top 26.9%.
Is Melco Resorts and Entertainment's Cyclically Adjusted PS Ratio too high?
Melco Resorts and Entertainment's current Cyclically Adjusted PS Ratio of 0.65 is 36% below median its 10-year median of 1.02. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 2.53. The Travel & Leisure industry median Cyclically Adjusted PS Ratio is 1.29. Melco Resorts and Entertainment's value of 0.65 is 49.6% below this industry median. Based on the distribution chart, Melco Resorts and Entertainment ranks #180 out of 670 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Melco Resorts and Entertainment has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Melco Resorts and Entertainment's Cyclically Adjusted PS Ratio compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Melco Resorts and Entertainment ranks #180 out of 670 companies for Cyclically Adjusted PS Ratio. This puts Melco Resorts and Entertainment in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.29. Melco Resorts and Entertainment's value of 0.65 is 49.6% below this benchmark. Historically, Melco Resorts and Entertainment's own Cyclically Adjusted PS Ratio has ranged from 0.55 to 2.53 over the past decade. While the company's 10-year median is 1.02 vs. the industry median of 1.29, Melco Resorts and Entertainment has consistently been below 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 1.29, 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. Melco Resorts and Entertainment's current Cyclically Adjusted PS Ratio of 0.65 is 49.6% below 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 Melco Resorts and Entertainment and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PS Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Melco Resorts and Entertainment's current Cyclically Adjusted PS Ratio is 0.65, which is 36% below median its own 10-year median of 1.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Melco Resorts and Entertainment stock overvalued right now?
Based on GuruFocus' analysis, Melco Resorts and Entertainment (STU:MAS) is currently considered Possible Value Trap. The stock's GF Value™ is €7.05, compared to a current price of €4.66 — trading 33.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.65, which is 36% below median its 10-year median of 1.02 and 49.6% below the Travel & Leisure industry median of 1.29. Melco Resorts and Entertainment's overall GF Score™ is 67/100 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 PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Melco Resorts and Entertainment (STU:MAS), the current Cyclically Adjusted PS Ratio is 0.65 as of Jul. 05, 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 Melco Resorts and Entertainment (STU:MAS) Overvalued in 2026?

Based on GuruFocus' analysis, Melco Resorts and Entertainment stock appears to be undervalued. The current stock price of €4.66 is trading 33.9% below its estimated GF Value™ of €7.05. GuruFocus considers Melco Resorts and Entertainment to be Possible Value Trap.

Key valuation signals for STU:MAS:

  • Cyclically Adjusted PS Ratio: 0.65 (36% below median its 10-year median of 1.02)
  • GF Value™: €7.05 vs. price of €4.66 (33.9% below fair value)
  • GF Score™: 67/100 with 4 warning signs
  • Industry Position: 49.6% below the Travel & Leisure median (#180 of 670)

No single metric tells the full story. See the STU:MAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Melco Resorts and Entertainment Business Description

Address 60 Wyndham Street, 38th Floor, The Centrium, Central, Hong Kong, HKG
Melco Resorts & Entertainment is one of only six licensed casino operators in Macao. It operates Altira, a complex focused on premium customers; City of Dreams, an integrated resort in Cotai serving both mass-market and premium patrons; and Mocha Clubs' electronic gaming machines. The company also has a majority interest in Studio City, which opened in 2015. Outside Macao, Melco owns City of Dreams Manila in the Philippines and City of Dreams Mediterranean in Cyprus. The business mix in terms of adjusted EBITDA was about 84% from Macao, with the rest from overseas as of 2025.
67GF Score

Get the complete analysis for STU:MAS

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

€4.66
Price
€7.05
GF Value