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Macau Legend Development (HKSE:01680) PE Ratio (TTM) : At Loss (As of Jun. 19, 2024)


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What is Macau Legend Development PE Ratio (TTM)?

The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2024-06-19), Macau Legend Development's share price is HK$0.166. Macau Legend Development's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-0.00. Therefore, Macau Legend Development's PE Ratio (TTM) for today is At Loss.


The historical rank and industry rank for Macau Legend Development's PE Ratio (TTM) or its related term are showing as below:

HKSE:01680' s PE Ratio (TTM) Range Over the Past 10 Years
Min: At Loss   Med: 32.73   Max: 90.68
Current: At Loss


During the past 12 years, the highest PE Ratio (TTM) of Macau Legend Development was 90.68. The lowest was 0.00. And the median was 32.73.


HKSE:01680's PE Ratio (TTM) is ranked worse than
100% of 556 companies
in the Travel & Leisure industry
Industry Median: 19.375 vs HKSE:01680: At Loss

Macau Legend Development's Earnings per Share (Diluted) for the six months ended in Dec. 2023 was HK$0.03. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-0.00.

As of today (2024-06-19), Macau Legend Development's share price is HK$0.166. Macau Legend Development's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was HK$0.00. Therefore, Macau Legend Development's PE Ratio without NRI for today is 166.00.

During the past 12 years, Macau Legend Development's highest PE Ratio without NRI was 207.00. The lowest was 12.47. And the median was 44.38.

Macau Legend Development's EPS without NRI for the six months ended in Dec. 2023 was HK$0.03. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was HK$0.00.

During the past 12 years, Macau Legend Development's highest 3-Year average EPS without NRI Growth Rate was 10.10% per year. The lowest was -45.40% per year. And the median was -40.30% per year.

Macau Legend Development's EPS (Basic) for the six months ended in Dec. 2023 was HK$0.03. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$0.00.


Macau Legend Development PE Ratio (TTM) Historical Data

The historical data trend for Macau Legend Development's PE Ratio (TTM) 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.

Macau Legend Development PE Ratio (TTM) Chart

Macau Legend Development Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PE Ratio (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only At Loss At Loss At Loss At Loss At Loss

Macau Legend Development Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
PE Ratio (TTM) 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 At Loss At Loss At Loss At Loss At Loss

Competitive Comparison of Macau Legend Development's PE Ratio (TTM)

For the Resorts & Casinos subindustry, Macau Legend Development's PE Ratio (TTM), along with its competitors' market caps and PE Ratio (TTM) 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.


Macau Legend Development's PE Ratio (TTM) Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Macau Legend Development's PE Ratio (TTM) distribution charts can be found below:

* The bar in red indicates where Macau Legend Development's PE Ratio (TTM) falls into.



Macau Legend Development PE Ratio (TTM) Calculation

The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

Macau Legend Development's PE Ratio (TTM) for today is calculated as

PE Ratio (TTM)=Share Price/Earnings per Share (Diluted) (TTM)
=0.166/-0.001
=At Loss

Macau Legend Development's Share Price of today is HK$0.166.
For company reported semi-annually, Macau Legend Development's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-0.00.

* 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:

PE Ratio (TTM)=Market Cap /Net Income

There are at least three kinds of PE Ratio (TTM)s used by different investors. They are Trailing Twelve Month PE Ratio (TTM) or PE Ratio (TTM) (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio (TTM) based on inflation-adjusted normalized PE Ratio (TTM) is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.


Macau Legend Development  (HKSE:01680) PE Ratio (TTM) Explanation

The PE Ratio (TTM) can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio (TTM) is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio (TTM) is positive. Also for stocks with the same PE Ratio (TTM), the one with faster growth business is more attractive.

If a company loses money, the PE Ratio (TTM) becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio (TTM) divided by the growth ratio. He thinks a company with a PE Ratio (TTM) equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio (TTM) of 20, instead of a company growing 10% a year with a PE Ratio (TTM) of 10.

Because the PE Ratio (TTM) measures how long it takes to earn back the price you pay, the PE Ratio (TTM) can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio (TTM) measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio (TTM) can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio (TTM)s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio (TTM) is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .

PE Ratio (TTM) can also be affected by non-recurring-items 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 (TTM).


Macau Legend Development PE Ratio (TTM) Related Terms

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Macau Legend Development (HKSE:01680) Business Description

Traded in Other Exchanges
Address
Avenida da Amizade e Avenida da, Palace Building, Macau Fisherman’s Wharf, Dr. Sun Yat Sen, Macau, MAC
Macau Legend Development Ltd is an investment holdings company. The company is one of the owners of entertainment and casino gaming facilities in Macau. The company currently has Macau Fisherman's Wharf operated by MFW Investment (MFW), which is a waterfront integrated gaming, hotel, convention and entertainment complex located on the Macau Peninsula. The company's businesses include 1) the provision of gaming services to SJM for the operation of Legend Palace Casino; 2) the operation of casino inside Savan Legend Resorts Hotel and Entertainment Complex in the Lao People's Democratic Republic (Lao PDR); and 3) the operation of hotels, entertainment and leisure facilities within its properties.
Executives
Chow Kam Fai, David
Chan Weng Lin
Wu Jo Hsuan 2202 Interest of your spouse
Perfect Achiever Group Limited 2101 Beneficial owner
Chan Mei Yi, Melinda
Chan Un Chan 2201 Interest of corporation controlled by you
Earth Group Ventures Ltd.
Li Chi Keung
Wong Hoi Ping
Elite Success International Limited 2101 Beneficial owner

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