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MGM China Holdings (MGM China Holdings) Price-to-Tangible-Book : (As of Jun. 23, 2024)


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What is MGM China Holdings Price-to-Tangible-Book?

As of today (2024-06-23), MGM China Holdings's share price is $19.765. MGM China Holdings's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $-1.18. Hence, MGM China Holdings's Price to Tangible Book Ratio of today is .

The historical rank and industry rank for MGM China Holdings's Price-to-Tangible-Book or its related term are showing as below:

During the past 13 years, MGM China Holdings's highest Price to Tangible Book Ratio was 17.53. The lowest was 4.73. And the median was 11.56.

MCHVY's Price-to-Tangible-Book is not ranked *
in the Travel & Leisure industry.
Industry Median: 1.82
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, MGM China Holdings's share price is $19.765. MGM China Holdings's Book Value per Sharefor the quarter that ended in Dec. 2023 was $-0.54. Hence, MGM China Holdings's P/B Ratio of today is .


MGM China Holdings Price-to-Tangible-Book Historical Data

The historical data trend for MGM China Holdings's Price-to-Tangible-Book 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.

MGM China Holdings Price-to-Tangible-Book Chart

MGM China Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.71 8.73 15.56 - -

MGM China Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Price-to-Tangible-Book 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 15.56 - - - -

Competitive Comparison of MGM China Holdings's Price-to-Tangible-Book

For the Resorts & Casinos subindustry, MGM China Holdings's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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's Price-to-Tangible-Book Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, MGM China Holdings's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where MGM China Holdings's Price-to-Tangible-Book falls into.



MGM China Holdings Price-to-Tangible-Book Calculation

MGM China Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=19.765/-1.18
=

* 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 PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


MGM China Holdings Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of MGM China Holdings's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


MGM China Holdings (MGM China Holdings) Business Description

Traded in Other Exchanges
Address
Avenida Dr. Sun Yat Sen, Edificio MGM MACAU NAPE, Macao, MAC
MGM China is one of six casino license holders in Macao and operates two integrated resorts: the MGM Macau casino in the Macao Peninsula and MGM Cotai. The company is allowed to operate 750 gaming tables during its new 10-year concession period of 2023-32.

MGM China Holdings (MGM China Holdings) Headlines

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