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Wynn Resorts (BSP:W1YN34) Cyclically Adjusted Revenue per Share : R$127.81 (As of Dec. 2023)


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What is Wynn Resorts Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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 for the three months ended in Dec. 2023 was R$40.250. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is R$127.81 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Wynn Resorts's average Cyclically Adjusted Revenue Growth Rate was 0.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 1.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 1.80% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 5.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Wynn Resorts was 19.80% per year. The lowest was 0.60% per year. And the median was 8.80% per year.

As of today (2024-04-28), Wynn Resorts's current stock price is R$210.54. Wynn Resorts's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was R$127.81. Wynn Resorts's Cyclically Adjusted PS Ratio of today is 1.65.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Wynn Resorts was 7.80. The lowest was 0.90. And the median was 2.32.


Wynn Resorts Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Wynn Resorts's Cyclically Adjusted Revenue per Share 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 Revenue per Share Chart

Wynn Resorts Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 136.68 147.62 130.22 127.81

Wynn Resorts Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Revenue per Share 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 130.22 138.45 137.00 150.21 127.81

Competitive Comparison of Wynn Resorts's Cyclically Adjusted Revenue per Share

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 Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Wynn Resorts's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=40.25/129.4194*129.4194
=40.250

Current CPI (Dec. 2023) = 129.4194.

Wynn Resorts Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 17.250 99.695 22.393
201406 15.475 100.560 19.916
201409 15.701 100.428 20.234
201412 14.771 99.070 19.296
201503 16.963 99.621 22.037
201506 15.916 100.684 20.458
201509 19.141 100.392 24.676
201512 18.091 99.792 23.462
201603 18.141 100.470 23.368
201606 17.782 101.688 22.631
201609 17.796 101.861 22.611
201612 19.416 101.863 24.669
201703 21.813 102.862 27.445
201706 23.678 103.349 29.651
201709 23.638 104.136 29.377
201712 25.944 104.011 32.282
201803 27.422 105.290 33.706
201806 27.923 106.317 33.991
201809 32.350 106.507 39.309
201812 30.350 105.998 37.056
201903 29.620 107.251 35.743
201906 29.839 108.070 35.734
201909 31.807 108.329 37.999
201912 31.752 108.420 37.902
202003 21.845 108.902 25.961
202006 2.083 108.767 2.479
202009 9.367 109.815 11.039
202012 16.520 109.897 19.455
202103 18.696 111.754 21.651
202106 21.733 114.631 24.537
202109 22.898 115.734 25.606
202112 25.674 117.630 28.247
202203 20.621 121.301 22.001
202206 20.038 125.017 20.744
202209 20.696 125.227 21.389
202212 23.468 125.222 24.255
202303 32.778 127.348 33.311
202306 34.213 128.729 34.397
202309 36.602 129.860 36.478
202312 40.250 129.419 40.250

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Wynn Resorts  (BSP:W1YN34) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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 Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=210.54/127.81
=1.65

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Wynn Resorts was 7.80. The lowest was 0.90. And the median was 2.32.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Wynn Resorts Cyclically Adjusted Revenue per Share Related Terms

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


Wynn Resorts (BSP:W1YN34) Business Description

Industry
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 (BSP:W1YN34) Headlines

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