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MLCO (Melco Resorts and Entertainment) Cyclically Adjusted PS Ratio : 1.00 (As of Jul. 05, 2025)


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What is Melco Resorts and Entertainment Cyclically Adjusted PS Ratio?

As of today (2025-07-05), Melco Resorts and Entertainment's current share price is $8.56. Melco Resorts and Entertainment's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was $8.52. Melco Resorts and Entertainment's Cyclically Adjusted PS Ratio for today is 1.00.

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

MLCO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.55   Med: 1.19   Max: 2.53
Current: 0.73

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 1.19.

MLCO's Cyclically Adjusted PS Ratio is ranked better than
71.13% of 627 companies
in the Travel & Leisure industry
Industry Median: 1.54 vs MLCO: 0.73

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. 2025 was $2.951. 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 $8.52 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Melco Resorts and Entertainment Cyclically Adjusted PS Ratio Historical Data

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.

* Premium members only.

Melco Resorts and Entertainment Cyclically Adjusted PS Ratio Chart

Melco Resorts and Entertainment Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.02 1.11 1.33 1.05 0.66

Melco Resorts and Entertainment Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.85 0.75 0.74 0.66 0.62

Competitive Comparison of Melco Resorts and Entertainment's Cyclically Adjusted PS Ratio

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's Cyclically Adjusted PS Ratio Distribution in the 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.


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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
=8.56/8.52
=1.00

* 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. 2025 is calculated as:

For example, Melco Resorts and Entertainment's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=2.951/119.3844*119.3844
=2.951

Current CPI (Mar. 2025) = 119.3844.

Melco Resorts and Entertainment Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 1.690 99.267 2.032
201509 1.744 99.927 2.084
201512 1.951 102.015 2.283
201603 2.036 102.785 2.365
201606 2.097 101.686 2.462
201609 2.350 102.565 2.735
201612 2.429 103.225 2.809
201703 2.595 103.335 2.998
201706 2.633 103.664 3.032
201709 2.791 103.994 3.204
201712 2.581 104.984 2.935
201803 2.655 105.973 2.991
201806 2.481 106.193 2.789
201809 2.437 106.852 2.723
201812 2.903 107.622 3.220
201903 2.695 108.172 2.974
201906 3.040 109.601 3.311
201909 2.991 110.260 3.239
201912 3.014 110.700 3.250
202003 1.695 110.920 1.824
202006 0.369 110.590 0.398
202009 0.446 107.512 0.495
202012 1.107 109.711 1.205
202103 1.087 111.579 1.163
202106 1.182 111.360 1.267
202109 0.931 109.051 1.019
202112 1.009 112.349 1.072
202203 1.002 113.558 1.053
202206 0.625 113.448 0.658
202209 0.523 113.778 0.549
202212 0.758 114.548 0.790
202303 1.621 115.427 1.677
202306 2.170 115.647 2.240
202309 2.327 116.087 2.393
202312 2.502 117.296 2.547
202403 2.530 117.735 2.565
202406 2.631 117.296 2.678
202409 2.721 118.615 2.739
202412 2.833 118.945 2.843
202503 2.951 119.384 2.951

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.


Melco Resorts and Entertainment  (NAS:MLCO) 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

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


Melco Resorts and Entertainment Business Description

Traded in Other Exchanges
Address
60 Wyndham Street, 38th Floor, The Centrium, Central, Hong Kong, HKG
Melco Resorts and Entertainment Ltd 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 81% from Macao with the rest largely from the Philippines as of 2024.