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Melco International DevelopmentMDEVY 73 PB Ratio is 3.98 as of Aug. 01, 2026, which is 114% above its 10-year median of 1.86. GuruFocus rates MDEVY with a GF Score™ of 73/100 and a GF Value™ of $2.87 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 793 Travel & Leisure companies, Melco International Development ranks worse than 86.38% on this metric.
The historical rank and industry rank for Melco International Development's PB Ratio or its related term are showing as below:
MDEVY'
s PB Ratio Range Over the Past 10 Years
Min: 0.73 Med: 1.86 Max: 253.91
Current: 4.4
During the past 13 years, Melco International Development's highest PB Ratio was 253.91. The lowest was 0.73. And the median was 1.86.
MDEVY's PB Ratio is ranked worse than 86.38% of 793
companies
in the Travel & Leisure industry
Industry Median: 1.47
vs MDEVY: 4.40
During the past 12 months, Melco International Development's average Book Value Per Share Growth Rate was 3539.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -2.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -51.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -36.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Melco International Development was 46.80% per year. The lowest was -81.10% per year. And the median was 1.00% per year.
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.
Melco International Development PB Ratio Related Terms
Melco International Development PB 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.
For the Resorts & Casinos subindustry, Melco International Development'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.
Melco International Development PB Ratio vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Melco International Development's PB Ratio distribution charts can be found below:
* The bar in red indicates where Melco International Development's PB Ratio falls into.
Melco International Development PB Ratio Calculation
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.
Melco International Development (MDEVY) has a PB Ratio of 3.98 as of Aug. 01, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Melco International Development and its competitors. This is 114% above median its historical median of 1.86. Over the past decade, Melco International Development's PB Ratio has ranged from 0.73 to 253.91. According to the industry distribution chart, Melco International Development ranks #685 out of 793 companies in the Travel & Leisure industry, placing it in the top 86.4%.
Is Melco International Development's PB Ratio too high?
Melco International Development's current PB Ratio of 3.98 is 114% above median its 10-year median of 1.86. Over the past 10 years, this metric has ranged from a low of 0.73 to a high of 253.91. The Travel & Leisure industry median PB Ratio is 1.47. Melco International Development's value of 3.98 is 170.7% above this industry median. Based on the distribution chart, Melco International Development ranks #685 out of 793 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Melco International Development has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Melco International Development's PB Ratio compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Melco International Development ranks #685 out of 793 companies for PB Ratio. This places Melco International Development in the lower half of its industry. The industry median PB Ratio is 1.47. Melco International Development's value of 3.98 is 170.7% above this benchmark. Historically, Melco International Development's own PB Ratio has ranged from 0.73 to 253.91 over the past decade. While the company's 10-year median is 1.86 vs. the industry median of 1.47, Melco International Development 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 1.47, 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. Melco International Development's current PB Ratio of 3.98 is 170.7% 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 Melco International Development and its competitors. For the Travel & Leisure industry, the median PB Ratio is 1.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Melco International Development's current PB Ratio is 3.98, which is 114% above median its own 10-year median of 1.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Melco International Development stock overvalued right now?
Based on GuruFocus' analysis, Melco International Development (MDEVY) is currently considered Possible Value Trap. The stock's GF Value™ is $2.87, compared to a current price of $2.14 — trading 25.4% below its estimated fair value. The current PB Ratio is 3.98, which is 114% above median its 10-year median of 1.86 and 170.7% above the Travel & Leisure industry median of 1.47. Melco International Development's overall GF Score™ is 73/100 with 7 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 Melco International Development (MDEVY), the current PB Ratio is 3.98 as of Aug. 01, 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 International Development (MDEVY) Overvalued in 2026?
Based on GuruFocus' analysis, Melco International Development stock appears to be undervalued.
The current stock price of $2.14 is trading 25.4% below its estimated GF Value™ of $2.87.
GuruFocus considers Melco International Development to be Possible Value Trap.
Key valuation signals for MDEVY:
PB Ratio: 3.98 (114% above median its 10-year median of 1.86)
GF Value™: $2.87 vs. price of $2.14 (25.4% below fair value)
Industry Position: 170.7% above the Travel & Leisure median (#685 of 793)
No single metric tells the full story. See the MDEVY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Melco International Development Ltd is a developer, owner, and operator of an international network of casino gaming and entertainment resorts. Its segments are the Casino and Hospitality segment, which generates maximum revenue, comprises the operation of casinos and the provision of hospitality services and facilities through Melco Resorts. Its resorts and properties include City of Dreams Cotai, Altira Macau, and Mocha Clubs in Macau; City of Dreams Manila in the Philippines; and City of Dreams Mediterranean and Cyprus Casinos in Cyprus. The Other segment comprises investments in a joint venture and associates, and other activities. Its operations are mainly located in Macau, the Philippines, Cyprus, and other regions, with maximum revenue derived from Macau.
73GF Score
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