Melco Resorts and Entertainment (STU:MAS) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Melco Resorts and Entertainment Forward PE Ratio Related Terms
Melco Resorts and Entertainment Forward PE 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.
Melco Resorts and Entertainment Forward PE Ratio Chart
Melco Resorts and Entertainment Annual Data
Trend
2015-12
2016-12
2017-12
2018-12
2019-12
2020-12
2023-12
2024-12
2025-12
Forward PE Ratio
28.25
25.51
25.84
15.53
16.72
76.92
12.30
12.99
11.43
Melco Resorts and Entertainment Quarterly Data
2015-12
2016-03
2016-06
2016-09
2016-12
2017-03
2017-06
2017-09
2017-12
2018-03
2018-06
2018-09
2018-12
2019-03
2019-06
2019-09
2019-12
2020-03
2020-09
2020-12
2021-03
2021-09
2023-06
2023-09
2023-12
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
28.25
34.48
32.89
25.71
25.51
27.93
24.51
26.18
25.84
23.81
20.58
13.68
15.53
22.32
21.37
15.60
16.72
45.05
32.26
76.92
90.09
200.00
36.10
5.88
12.30
25.00
28.17
18.18
12.99
15.08
22.74
12.46
11.43
11.72
STU:MAS vs LVS, MGM, WYNN: Forward PE Ratio Comparison
For the Resorts & Casinos subindustry, Melco Resorts and Entertainment's Forward PE Ratio, along with its competitors' market caps and Forward PE 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 Forward PE Ratio vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Melco Resorts and Entertainment's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Melco Resorts and Entertainment's Forward PE Ratio falls into.
Melco Resorts and Entertainment Forward PE Ratio Calculation
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Melco Resorts and Entertainment (STU:MAS) has a Forward PE Ratio of 9.85 as of Jul. 05, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Melco Resorts and Entertainment and its competitors. According to the industry distribution chart, Melco Resorts and Entertainment ranks #72 out of 349 companies in the Travel & Leisure industry, placing it in the top 20.6%.
Is Melco Resorts and Entertainment's Forward PE Ratio too high?
Melco Resorts and Entertainment's current Forward PE Ratio is 9.85. The Travel & Leisure industry median Forward PE Ratio is 15.20. Melco Resorts and Entertainment's value of 9.85 is 35.2% below this industry median. Based on the distribution chart, Melco Resorts and Entertainment ranks #72 out of 349 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. 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 Forward PE Ratio compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Melco Resorts and Entertainment ranks #72 out of 349 companies for Forward PE Ratio. This places Melco Resorts and Entertainment in the top 21% of its industry — outperforming the majority of peers. The industry median Forward PE Ratio is 15.20. Melco Resorts and Entertainment's value of 9.85 is 35.2% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Travel & Leisure company?
The median Forward PE Ratio among Travel & Leisure companies is 15.20, based on 349 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Melco Resorts and Entertainment's current Forward PE Ratio of 9.85 is 35.2% 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 Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Melco Resorts and Entertainment and its competitors. For the Travel & Leisure industry, the median Forward PE Ratio is 15.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Melco Resorts and Entertainment's current Forward PE Ratio is 9.85. 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 Forward PE Ratio is 9.85 and 35.2% below the Travel & Leisure industry median of 15.20. 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 Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Melco Resorts and Entertainment (STU:MAS), the current Forward PE Ratio is 9.85 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:
Forward PE Ratio: 9.85
GF Value™: €7.05 vs. price of €4.66 (33.9% below fair value)
Industry Position: 35.2% below the Travel & Leisure median (#72 of 349)
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
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
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Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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