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NZSE:MCK'
s PE Ratio (TTM) Range Over the Past 10 Years
Min: 3.69 Med: 10.94 Max: 170
Current: 25.23
During the past 13 years, the highest PE Ratio (TTM) of Millenniumpthorne Hotels New Zealand was 170.00. The lowest was 3.69. And the median was 10.94.
NZSE:MCK's PE Ratio (TTM) is ranked worse than 65.42% of 561
companies
in the Travel & Leisure industry
Industry Median: 17.88
vs NZSE:MCK: 25.23
During the past 13 years, Millenniumpthorne Hotels New Zealand's highest 3-Year average EPS without NRI Growth Rate was 128.90% per year. The lowest was -58.60% per year. And the median was 3.75% per year.
Millenniumpthorne Hotels New Zealand (NZSE:MCK) 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.
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).
Millenniumpthorne Hotels New Zealand PE Ratio (TTM) Related Terms
Millenniumpthorne Hotels New Zealand PE Ratio (TTM) 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.
Millenniumpthorne Hotels New Zealand PE Ratio (TTM) Chart
NZSE:MCK vs MAR, HLT, H: PE Ratio (TTM) Comparison
For the Lodging subindustry, Millenniumpthorne Hotels New Zealand'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.
Millenniumpthorne Hotels New Zealand PE Ratio (TTM) vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Millenniumpthorne Hotels New Zealand's PE Ratio (TTM) distribution charts can be found below:
* The bar in red indicates where Millenniumpthorne Hotels New Zealand's PE Ratio (TTM) falls into.
Millenniumpthorne Hotels New Zealand 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.
Millenniumpthorne Hotels New Zealand's Share Price of today is NZ$3.23.
For company reported semi-annually, Millenniumpthorne Hotels New Zealand's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was NZ$0.13.
* 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 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.
Millenniumpthorne Hotels New Zealand (NZSE:MCK) has a PE Ratio (TTM) of 25.23 as of Jul. 15, 2026. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Millenniumpthorne Hotels New Zealand and its competitors. This is 131% above median its historical median of 10.94. Over the past decade, Millenniumpthorne Hotels New Zealand's PE Ratio (TTM) has ranged from 3.69 to 170.00. According to the industry distribution chart, Millenniumpthorne Hotels New Zealand ranks #367 out of 561 companies in the Travel & Leisure industry, placing it in the top 65.4%.
Is Millenniumpthorne Hotels New Zealand's PE Ratio (TTM) too high?
Millenniumpthorne Hotels New Zealand's current PE Ratio (TTM) of 25.23 is 131% above median its 10-year median of 10.94. Over the past 10 years, this metric has ranged from a low of 3.69 to a high of 170.00. The Travel & Leisure industry median PE Ratio (TTM) is 17.88. Millenniumpthorne Hotels New Zealand's value of 25.23 is 41.1% above this industry median. Based on the distribution chart, Millenniumpthorne Hotels New Zealand ranks #367 out of 561 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Millenniumpthorne Hotels New Zealand has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Millenniumpthorne Hotels New Zealand's PE Ratio (TTM) compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Millenniumpthorne Hotels New Zealand ranks #367 out of 561 companies for PE Ratio (TTM). This places Millenniumpthorne Hotels New Zealand in the lower half of its industry. The industry median PE Ratio (TTM) is 17.88. Millenniumpthorne Hotels New Zealand's value of 25.23 is 41.1% above this benchmark. Historically, Millenniumpthorne Hotels New Zealand's own PE Ratio (TTM) has ranged from 3.69 to 170.00 over the past decade. While the company's 10-year median is 10.94 vs. the industry median of 17.88, Millenniumpthorne Hotels New Zealand 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 PE Ratio (TTM) for a Travel & Leisure company?
The median PE Ratio (TTM) among Travel & Leisure companies is 17.88, based on 561 companies in the industry. Companies in the top quartile (top 25%) have a PE Ratio (TTM) significantly above this median, while those in the bottom quartile fall well below. However, PE Ratio (TTM) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Millenniumpthorne Hotels New Zealand's current PE Ratio (TTM) of 25.23 is 41.1% 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 PE Ratio (TTM) mean?
A high PE Ratio (TTM) can signal that a stock is expensive relative to its fundamentals. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Millenniumpthorne Hotels New Zealand and its competitors. For the Travel & Leisure industry, the median PE Ratio (TTM) is 17.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Millenniumpthorne Hotels New Zealand's current PE Ratio (TTM) is 25.23, which is 131% above median its own 10-year median of 10.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millenniumpthorne Hotels New Zealand stock overvalued right now?
Based on GuruFocus' analysis, Millenniumpthorne Hotels New Zealand (NZSE:MCK) is currently considered Modestly Overvalued. The stock's GF Value™ is NZ$2.69, compared to a current price of NZ$3.23 — trading 20.1% above its estimated fair value. The current PE Ratio (TTM) is 25.23, which is 131% above median its 10-year median of 10.94 and 41.1% above the Travel & Leisure industry median of 17.88. Millenniumpthorne Hotels New Zealand's overall GF Score™ is 77/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio (TTM) calculated?
PE Ratio (TTM) is calculated from a company's financial statements. For Millenniumpthorne Hotels New Zealand (NZSE:MCK), the current PE Ratio (TTM) is 25.23 as of Jul. 15, 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 Millenniumpthorne Hotels New Zealand (NZSE:MCK) Overvalued in 2026?
Based on GuruFocus' analysis, Millenniumpthorne Hotels New Zealand stock appears to be overvalued.
The current stock price of NZ$3.23 is trading 20.1% above its estimated GF Value™ of NZ$2.69.
GuruFocus considers Millenniumpthorne Hotels New Zealand to be Modestly Overvalued.
Key valuation signals for NZSE:MCK:
PE Ratio (TTM): 25.23 (131% above median its 10-year median of 10.94)
GF Value™: NZ$2.69 vs. price of NZ$3.23 (20.1% above fair value)
Industry Position: 41.1% above the Travel & Leisure median (#367 of 561)
No single metric tells the full story. See the NZSE:MCK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Millenniumpthorne Hotels New Zealand Business Description
Millennium & Copthorne Hotels New Zealand Ltd is engaged in the ownership and operation of hotels in New Zealand. The Group is also involved in the development and sale of residential land in New Zealand; investment properties comprising commercial warehousing and retail shops in New Zealand; and the development and sale of residential units in Australia. Its operating segments are: Hotel operations, Residential land development, Investment property, and Residential and commercial property development. Maximum revenue is generated from the Hotel operations segment, which includes income from the ownership and management of hotels. Geographically, the Group generates maximum revenue from New Zealand, and the rest from Australia.
77GF Score
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