The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, MGM Resorts International's share price is R$218.95.
MGM Resorts International's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was R$280.95. Hence, MGM Resorts International's PS Ratio for today is 0.78.
Good Sign:
MGM Resorts International stock PS Ratio (=0.67) is close to 3-year low of 0.67
The historical rank and industry rank for MGM Resorts International's PS Ratio or its related term are showing as below:
BSP:M1GM34'
s PS Ratio Range Over the Past 10 Years
Min: 0.37 Med: 1.31 Max: 4.76
Current: 0.67
During the past 13 years, MGM Resorts International's highest PS Ratio was 4.76. The lowest was 0.37. And the median was 1.31.
BSP:M1GM34's PS Ratio is ranked better than 77.85% of 817
companies
in the Travel & Leisure industry
Industry Median: 1.6
vs BSP:M1GM34: 0.67
During the past 12 months, the average Revenue per Share Growth Rate of MGM Resorts International was 29.60% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 62.80% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 15.90% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 5.30% per year.
During the past 13 years, MGM Resorts International's highest 3-Year average Revenue per Share Growth Rate was 130.40% per year. The lowest was -51.00% per year. And the median was 6.90% per year.
Back to Basics: PS Ratio
MGM Resorts International PS Ratio 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.
Competitive Comparison of MGM Resorts International's PS Ratio
For the Resorts & Casinos subindustry, MGM Resorts International's PS Ratio, along with its competitors' market caps and PS 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.
MGM Resorts International's PS Ratio Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, MGM Resorts International's PS Ratio distribution charts can be found below:
* The bar in red indicates where MGM Resorts International's PS Ratio falls into.
MGM Resorts International PS Ratio Calculation
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.
MGM Resorts International's Share Price of today is R$218.95. MGM Resorts International's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was R$280.95.
* 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:
MGM Resorts International (BSP:M1GM34) PS Ratio Explanation
The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.
When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.
The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.
MGM Resorts International PS Ratio Related Terms
Thank you for viewing the detailed overview of MGM Resorts International's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
MGM Resorts is the largest resort operator on the Las Vegas Strip with 35,000 guest rooms and suites, representing about one fourth of all units in the market. The company's Vegas properties include MGM Grand, Mandalay Bay, Park MGM, Luxor, New York-New York, and Bellagio. The Strip contributed approximately 62% of total EBITDAR in 2023. MGM also owns US regional assets, which represented a low 20s share of 2023 EBITDAR (MGM's Macao EBITDAR was 17% of the total in 2023). MGM's US sports and i-gaming operations are currently a high-single-digit percentage of its total revenue. The company also operates the 56%-owned MGM China casinos with a new property that opened on the Cotai Strip in early 2018. We estimate MGM will open a resort in Japan in 2030.
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