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Monarch Casino & Resort (Monarch Casino & Resort) Cyclically Adjusted Revenue per Share : $17.79 (As of Dec. 2023)


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What is Monarch Casino & Resort 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.

Monarch Casino & Resort's adjusted revenue per share for the three months ended in Dec. 2023 was $6.543. 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 $17.79 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Monarch Casino & Resort's average Cyclically Adjusted Revenue Growth Rate was 10.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 13.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 9.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 6.40% 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 Monarch Casino & Resort was 13.50% per year. The lowest was 3.60% per year. And the median was 5.10% per year.

As of today (2024-04-28), Monarch Casino & Resort's current stock price is $68.07. Monarch Casino & Resort's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $17.79. Monarch Casino & Resort's Cyclically Adjusted PS Ratio of today is 3.83.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Monarch Casino & Resort was 6.13. The lowest was 1.17. And the median was 3.65.


Monarch Casino & Resort Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Monarch Casino & Resort'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.

Monarch Casino & Resort Cyclically Adjusted Revenue per Share Chart

Monarch Casino & Resort 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 12.08 12.18 14.09 16.15 17.79

Monarch Casino & Resort Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 16.65 17.08 17.53 17.79 -

Competitive Comparison of Monarch Casino & Resort's Cyclically Adjusted Revenue per Share

For the Resorts & Casinos subindustry, Monarch Casino & Resort'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.


Monarch Casino & Resort's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Monarch Casino & Resort's Cyclically Adjusted PS Ratio falls into.



Monarch Casino & Resort 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, Monarch Casino & Resort'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)
=6.543/129.4194*129.4194
=6.543

Current CPI (Dec. 2023) = 129.4194.

Monarch Casino & Resort Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.637 99.695 3.423
201406 2.795 100.560 3.597
201409 2.856 100.428 3.680
201412 2.684 99.070 3.506
201503 2.743 99.621 3.563
201506 2.891 100.684 3.716
201509 3.089 100.392 3.982
201512 2.943 99.792 3.817
201603 2.836 100.470 3.653
201606 3.105 101.688 3.952
201609 3.223 101.861 4.095
201612 3.115 101.863 3.958
201703 2.964 102.862 3.729
201706 3.198 103.349 4.005
201709 3.426 104.136 4.258
201712 2.977 104.011 3.704
201803 3.007 105.290 3.696
201806 3.226 106.317 3.927
201809 3.454 106.507 4.197
201812 3.223 105.998 3.935
201903 3.155 107.251 3.807
201906 3.362 108.070 4.026
201909 3.506 108.329 4.189
201912 3.313 108.420 3.955
202003 2.703 108.902 3.212
202006 0.834 108.767 0.992
202009 3.174 109.815 3.741
202012 3.066 109.897 3.611
202103 3.887 111.754 4.501
202106 5.020 114.631 5.668
202109 5.747 115.734 6.427
202112 5.689 117.630 6.259
202203 5.529 121.301 5.899
202206 5.887 125.017 6.094
202209 6.857 125.227 7.087
202212 6.139 125.222 6.345
202303 5.935 127.348 6.032
202306 6.305 128.729 6.339
202309 6.781 129.860 6.758
202312 6.543 129.419 6.543

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


Monarch Casino & Resort  (NAS:MCRI) 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.

Monarch Casino & Resort's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=68.07/17.79
=3.83

* 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 Monarch Casino & Resort was 6.13. The lowest was 1.17. And the median was 3.65.


Be Aware

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


Monarch Casino & Resort Cyclically Adjusted Revenue per Share Related Terms

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


Monarch Casino & Resort (Monarch Casino & Resort) Business Description

Traded in Other Exchanges
N/A
Address
3800 South Virginia Street, Reno, NV, USA, 89502
Monarch Casino & Resort Inc is engaged in providing the latest gaming, dining, and hospitality amenities. It owns and operates the Atlantis Casino Resort Spa, a hotel/casino facility in Reno, Nevada, and the Monarch Black Hawk Casino in Black Hawk. The company generates the majority of its revenue from Casinos, followed by Food & Beverage and Hotel Operations.
Executives
John Farahi director, 10 percent owner, officer: Co-Chairman and CEO MONARCH CASINO & RESORT INC, 1175 MOANA LANE SUITE 200, RENO NV 89509
Bob Farahi director, 10 percent owner, officer: Co-Chairman and President MONARCH CASINO & RESORT INC, 3800 S. VIRGINIA STREET, RENO NV 89502
David-jacques Farahi officer: Chief Operating Officer 3800 S. VIRGINIA STREET, RENO NV 89502
Edwin S. Koenig officer: CAO 3800 S. VIRGINIA STREET, RENO NV 89502
Ben Farahi 10 percent owner 3652 SOUTH VIRGINIA ST., SUITE C7, RENO NV 89502
Craig F Sullivan director
Richard L. Cooley officer: Vice President of Finance 3800 S. VIRGINIA STREET, RENO NV 89502
Ronald Rowan officer: Chief Financial Officer 3800 S. VIRGINIA STREET, EXECUTIVE OFFICES, RENO NV 89502
Paul Andrews director 3800 S. VIRGINIA STREET, RENO NV 89502
Yvette Landau director
Ronald R Zideck director
Charles W Scharer director C/O GAMETECH INTERNATIONAL INC, 900 SANDHILL ROAD, RENO NV 89521