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Studio City International Holdings PE Ratio

: At Loss (As of Today)
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The PE Ratio, 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 (2022-01-28), Studio City International Holdings's share price is $5.71. Studio City International Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2021 was $-2.81. Therefore, Studio City International Holdings's PE Ratio for today is At Loss.


The historical rank and industry rank for Studio City International Holdings's PE Ratio or its related term are showing as below:

NYSE:MSC' s PE Ratio Range Over the Past 10 Years
Min: At Loss   Med: 57.62   Max: 85.28
Current: At Loss

At Loss
85.28

During the past 6 years, the highest PE Ratio of Studio City International Holdings was 85.28. The lowest was 0.00. And the median was 57.62.


NYSE:MSC's PE Ratio is ranked lower than
99.99% of the 341 Companies
in the Travel & Leisure industry.

( Industry Median: 22.29 vs. NYSE:MSC: At Loss )

Studio City International Holdings's Earnings per Share (Diluted) for the three months ended in Sep. 2021 was $-0.68. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2021 was $-2.81.

As of today (2022-01-28), Studio City International Holdings's share price is $5.71. Studio City International Holdings's EPS without NRI for the trailing twelve months (TTM) ended in Sep. 2021 was $-2.81. Therefore, Studio City International Holdings's PE Ratio without NRI for today is At Loss.

During the past 6 years, Studio City International Holdings's highest PE Ratio without NRI was 85.28. The lowest was 0.00. And the median was 57.62.

Studio City International Holdings's EPS without NRI for the three months ended in Sep. 2021 was $-0.68. Its EPS without NRI for the trailing twelve months (TTM) ended in Sep. 2021 was $-2.81.

During the past 3 years, the average EPS without NRI Growth Rate was -78.50% per year.

During the past 6 years, Studio City International Holdings's highest 3-Year average EPS without NRI Growth Rate was 37.80% per year. The lowest was -78.50% per year. And the median was -20.35% per year.

Studio City International Holdings's EPS (Basic) for the three months ended in Sep. 2021 was $-0.68. Its EPS (Basic) for the trailing twelve months (TTM) ended in Sep. 2021 was $-2.81.


Studio City International Holdings PE Ratio Historical Data

The historical data trend for Studio City International Holdings's PE 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.

* Premium members only.

Studio City International Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
PE Ratio
Premium Member Only N/A N/A At Loss 35.52 At Loss

Studio City International Holdings Quarterly Data
Dec15 Dec16 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
PE Ratio 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 Premium Member Only Premium Member Only At Loss At Loss At Loss At Loss At Loss

Competitive Comparison

For the Resorts & Casinos subindustry, Studio City International Holdings's PE Ratio, along with its competitors' market caps and 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.

   

Studio City International Holdings PE Ratio Distribution

For the Travel & Leisure industry and Consumer Cyclical sector, Studio City International Holdings's PE Ratio distribution charts can be found below:

* The bar in red indicates where Studio City International Holdings's PE Ratio falls into.



Studio City International Holdings PE Ratio Calculation

The PE Ratio, 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.

Studio City International Holdings's PE Ratio for today is calculated as

PE Ratio=Share Price/Earnings per Share (Diluted) (TTM)
=5.71/-2.808
=At Loss

Studio City International Holdings's Share Price of today is $5.71.
Studio City International Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.81.

* 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:


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

In the calculation of PE Ratio, 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.


Studio City International Holdings  (NYSE:MSC) PE Ratio Explanation

The PE Ratio 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 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 is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.

If a company loses money, the PE Ratio 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 divided by the growth ratio. He thinks a company with a PE Ratio 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 of 20, instead of a company growing 10% a year with a PE Ratio of 10.

Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio 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 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 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 Ratios are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .

PE Ratio 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.


Studio City International Holdings PE Ratio Related Terms

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Studio City International Holdings Business Description

Studio City International Holdings logo
Industry
Traded in Other Exchanges
N/A
Address
60 Wyndham Street, 36th Floor, The Centrium, Central, Hong Kong, HKG
Studio City International Holdings Ltd is a world-class gaming, retail and entertainment resort located in Cotai, Macau. The company operates Studio City Casino with around 250 mass-market gaming tables; approximately 970 gaming machines; and 45 VIP rolling chip tables. In addition, it offers non-gaming attractions, including the world's first figure-8 Ferris wheel, a Warner Bros themed family entertainment center, a 4-D Batman flight simulator, an exclusive night club, and live performance arena. Geographically, it derives majority revenue from Macau region.

Studio City International Holdings Headlines

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