Melco Resorts and Entertainment (STU:MAS) Price-to-Tangible-Book: (As of Sep. 21, 2026)

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STU:MAS Melco Resorts and Entertainment Ltd STU:MAS
64 GF Score
Price €4.02
GF Value €7.80
Valuation Possible Value Trap
! 7 Warning Signs
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What is Melco Resorts and Entertainment Price-to-Tangible-Book?

As of today (2026-09-21), Melco Resorts and Entertainment's share price is €4.02. Melco Resorts and Entertainment's Tangible Book per Share of Jun. 2026 for the quarter that ended in Jun. 2026 was €-0.81. Hence, Melco Resorts and Entertainment's Price to Tangible Book Ratio of today is .

The historical rank and industry rank for Melco Resorts and Entertainment's Price-to-Tangible-Book or its related term are showing as below:

During the past 13 years, Melco Resorts and Entertainment's highest Price to Tangible Book Ratio was 58.05. The lowest was 4.22. And the median was 13.84.

STU:MAS's Price-to-Tangible-Book is not ranked *
in the Travel & Leisure industry.
Industry Median: 1.61
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Melco Resorts and Entertainment's share price is €4.02. Melco Resorts and Entertainment's Book Value per Sharefor the quarter that ended in Jun. 2026 was €0.02. Hence, Melco Resorts and Entertainment's P/B Ratio of today is 201.00.

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.

Melco Resorts and Entertainment Price-to-Tangible-Book Related Terms

Melco Resorts and Entertainment Price-to-Tangible-Book Historical Data

* Premium members only.

The historical data trend for Melco Resorts and Entertainment'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.

Melco Resorts and Entertainment Price-to-Tangible-Book Chart

Melco Resorts and Entertainment Annual Data
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Melco Resorts and Entertainment Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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STU:MAS vs MCRI, PENN, RRR: Price-to-Tangible-Book Comparison

For the Resorts & Casinos subindustry, Melco Resorts and Entertainment'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.

Melco Resorts and Entertainment Price-to-Tangible-Book vs Travel & Leisure Industry

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

* The bar in red indicates where Melco Resorts and Entertainment's Price-to-Tangible-Book falls into.


STU:MAS
64GF Score
Melco Resorts and Entertainment Ltd STU:MAS
Price-to-Tangible-Book is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Melco Resorts and Entertainment Price-to-Tangible-Book Calculation

Melco Resorts and Entertainment's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2026 )
=4.02/-0.806
=

* 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:

Price to Tangible Book=Market Cap/Tangible Equity
=Market Cap/(Total Stockholders Equity-Preferred Stock-Intangible Assets)

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.

Is Melco Resorts and Entertainment (STU:MAS) Overvalued in 2026?

Based on GuruFocus' analysis, Melco Resorts and Entertainment stock appears to be undervalued. The current stock price of €4.02 is trading 48.5% below its estimated GF Value™ of €7.80. GuruFocus considers Melco Resorts and Entertainment to be Possible Value Trap.

Key valuation signals for STU:MAS:

  • Price-to-Tangible-Book:
  • GF Value™: €7.80 vs. price of €4.02 (48.5% below fair value)
  • GF Score™: 64/100 with 7 warning signs

No single metric tells the full story. See the STU:MAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Melco Resorts and Entertainment Business Description

Address 60 Wyndham Street, 38th Floor, The Centrium, Central, Hong Kong, HKG
Melco Resorts & Entertainment is one of only six licensed casino operators in Macao. It operates Altira, a complex focused on premium customers; City of Dreams, an integrated resort in Cotai serving both mass-market and premium patrons; and Mocha Clubs' electronic gaming machines. The company also has a majority interest in Studio City, which opened in 2015. Outside Macao, Melco owns City of Dreams Manila in the Philippines and City of Dreams Mediterranean in Cyprus. The business mix in terms of adjusted EBITDA was about 84% from Macao, with the rest from overseas as of 2025.
64GF Score

Get the complete analysis for STU:MAS

Price-to-Tangible-Book is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€4.02
Price
€7.80
GF Value