MGM China HoldingsMCHVF -14.67%79 PB Ratio is 11.64 as of Jul. 04, 2026, which is 27% above its 10-year median of 9.14. GuruFocus rates MCHVF with a GF Score™ of 79/100 and a GF Value™ of $2.25 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 793 Travel & Leisure companies, MGM China Holdings ranks worse than 95.84% on this metric.
MGM China Holdings Ltd stock PB Ratio (=12.03) is close to 3-year low of 11.58.
The historical rank and industry rank for MGM China Holdings's PB Ratio or its related term are showing as below:
MCHVF'
s PB Ratio Range Over the Past 10 Years
Min: 2.71 Med: 9.14 Max: 120.5
Current: 12.03
During the past 13 years, MGM China Holdings's highest PB Ratio was 120.50. The lowest was 2.71. And the median was 9.14.
MCHVF's PB Ratio is ranked worse than 95.84% of 793
companies
in the Travel & Leisure industry
Industry Median: 1.5
vs MCHVF: 12.03
During the past 12 months, MGM China Holdings's average Book Value Per Share Growth Rate was 515.80% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of MGM China Holdings was 63.70% per year. The lowest was -48.90% per year. And the median was 6.90% per year.
Back to Basics: PB Ratio
MGM China Holdings (OTCPK:MCHVF) PB Ratio Explanation
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
MGM China Holdings PB Ratio Related Terms
MGM China Holdings PB Ratio Historical Data
* Premium members only.
The historical data trend for MGM China Holdings's PB 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.
For the Resorts & Casinos subindustry, MGM China Holdings's PB Ratio, along with its competitors' market caps and PB 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.
MGM China Holdings PB Ratio vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, MGM China Holdings's PB Ratio distribution charts can be found below:
* The bar in red indicates where MGM China Holdings's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
MGM China Holdings (MCHVF) has a PB Ratio of 11.64 as of Jul. 04, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on MGM China Holdings and its competitors. This is 27% above median its historical median of 9.14. Over the past decade, MGM China Holdings' PB Ratio has ranged from 2.71 to 120.50. According to the industry distribution chart, MGM China Holdings ranks #760 out of 793 companies in the Travel & Leisure industry, placing it in the top 95.8%.
Is MGM China Holdings' PB Ratio too high?
MGM China Holdings' current PB Ratio of 11.64 is 27% above median its 10-year median of 9.14. Over the past 10 years, this metric has ranged from a low of 2.71 to a high of 120.50. The Travel & Leisure industry median PB Ratio is 1.50. MGM China Holdings' value of 11.64 is 676% above this industry median. Based on the distribution chart, MGM China Holdings ranks #760 out of 793 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, MGM China Holdings has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MGM China Holdings' PB Ratio compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, MGM China Holdings ranks #760 out of 793 companies for PB Ratio. This places MGM China Holdings in the lower half of its industry. The industry median PB Ratio is 1.50. MGM China Holdings' value of 11.64 is 676% above this benchmark. Historically, MGM China Holdings' own PB Ratio has ranged from 2.71 to 120.50 over the past decade. While the company's 10-year median is 9.14 vs. the industry median of 1.50, MGM China Holdings has consistently been above 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 PB Ratio for a Travel & Leisure company?
The median PB Ratio among Travel & Leisure companies is 1.50, based on 793 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MGM China Holdings's current PB Ratio of 11.64 is 676% above 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on MGM China Holdings and its competitors. For the Travel & Leisure industry, the median PB Ratio is 1.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MGM China Holdings's current PB Ratio is 11.64, which is 27% above median its own 10-year median of 9.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MGM China Holdings stock overvalued right now?
Based on GuruFocus' analysis, MGM China Holdings (MCHVF) is currently considered Significantly Undervalued. The stock's GF Value™ is $2.25, compared to a current price of $1.28 — trading 43.1% below its estimated fair value. The current PB Ratio is 11.64, which is 27% above median its 10-year median of 9.14 and 676% above the Travel & Leisure industry median of 1.50. MGM China Holdings' overall GF Score™ is 79/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For MGM China Holdings (MCHVF), the current PB Ratio is 11.64 as of Jul. 04, 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 MGM China Holdings (MCHVF) Overvalued in 2026?
Based on GuruFocus' analysis, MGM China Holdings stock appears to be undervalued.
The current stock price of $1.28 is trading 43.1% below its estimated GF Value™ of $2.25.
GuruFocus considers MGM China Holdings to be Significantly Undervalued.
Key valuation signals for MCHVF:
PB Ratio: 11.64 (27% above median its 10-year median of 9.14)
GF Value™: $2.25 vs. price of $1.28 (43.1% below fair value)
Industry Position: 676% above the Travel & Leisure median (#760 of 793)
No single metric tells the full story. See the MCHVF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MGM China is one of six casino license holders in Macao. It operates two integrated resorts: the MGM Macau in the Peninsula and MGM Cotai in Cotai. The company is allowed to operate 750 gaming tables during its new 10-year concession period of 2023-32.
79GF Score
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