GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » MGM Growth Properties LLC (NYSE:MGP) » Definitions » PS Ratio

MGM Growth Properties LLC (MGM Growth Properties LLC) PS Ratio : 8.25 (As of Apr. 25, 2024)


View and export this data going back to 2016. Start your Free Trial

What is MGM Growth Properties LLC PS Ratio?

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 Growth Properties LLC's share price is $41.64. MGM Growth Properties LLC's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2022 was $5.05. Hence, MGM Growth Properties LLC's PS Ratio for today is 8.25.

Warning Sign:

MGM Growth Properties LLC stock PS Ratio (=8.25) is close to 5-year high of 8.25

The historical rank and industry rank for MGM Growth Properties LLC's PS Ratio or its related term are showing as below:

MGP' s PS Ratio Range Over the Past 10 Years
Min: 1.83   Med: 3.03   Max: 14.11
Current: 8.25

During the past 8 years, MGM Growth Properties LLC's highest PS Ratio was 14.11. The lowest was 1.83. And the median was 3.03.

MGP's PS Ratio is not ranked
in the REITs industry.
Industry Median: 6.515 vs MGP: 8.25

MGM Growth Properties LLC's Revenue per Sharefor the three months ended in Mar. 2022 was $1.29. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2022 was $5.05.

Warning Sign:

MGM Growth Properties LLC revenue per share has been in decline for the last 5 years.

During the past 12 months, the average Revenue per Share Growth Rate of MGM Growth Properties LLC was -13.80% per year. During the past 3 years, the average Revenue per Share Growth Rate was -24.90% per year. During the past 5 years, the average Revenue per Share Growth Rate was -12.30% per year.

During the past 8 years, MGM Growth Properties LLC's highest 3-Year average Revenue per Share Growth Rate was 5.30% per year. The lowest was -24.90% per year. And the median was -20.90% per year.

Back to Basics: PS Ratio


MGM Growth Properties LLC PS Ratio Historical Data

The historical data trend for MGM Growth Properties LLC's PS 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.

MGM Growth Properties LLC PS Ratio Chart

MGM Growth Properties LLC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
PS Ratio
Get a 7-Day Free Trial 2.36 2.16 3.28 5.12 7.90

MGM Growth Properties LLC Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
PS Ratio 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 5.57 6.50 7.09 7.90 7.67

Competitive Comparison of MGM Growth Properties LLC's PS Ratio

For the REIT - Diversified subindustry, MGM Growth Properties LLC'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 Growth Properties LLC's PS Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, MGM Growth Properties LLC's PS Ratio distribution charts can be found below:

* The bar in red indicates where MGM Growth Properties LLC's PS Ratio falls into.



MGM Growth Properties LLC 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 Growth Properties LLC's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=41.64/5.048
=8.25

MGM Growth Properties LLC's Share Price of today is $41.64.
MGM Growth Properties LLC's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $5.05.

* 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:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


MGM Growth Properties LLC  (NYSE:MGP) 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.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS 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

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 Growth Properties LLC PS Ratio Related Terms

Thank you for viewing the detailed overview of MGM Growth Properties LLC's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


MGM Growth Properties LLC (MGM Growth Properties LLC) Business Description

Traded in Other Exchanges
N/A
Address
1980 Festival Plaza Drive, Suite 750, Las Vegas, NV, USA, 89135
MGM Growth Properties LLC is a real estate investment trust engaged in owning, acquiring and leasing large-scale casino resort properties, including casino gaming, hotel, convention, dining, entertainment, retail and mixed-use facilities, and other resort amenities. The company's property portfolio consists of entertainment and gaming-related properties located on the Las Vegas Strip Mandalay Bay, The Mirage, Monte Carlo, New York-New York, Luxor and Excalibur, and The Park, a dining and entertainment complex located between New York-New York and Monte Carlo. It owns casino resort properties MGM Grand Detroit in Detroit, Michigan, Beau Rivage and Gold Strike Tunica, located in Mississippi, Borgata in Atlantic City, New Jersey, and MGM National Harbor in Prince George's County, Maryland.
Executives
Andy H Chien officer: CFO and Treasurer C/O MGM GROWTH PROPERTIES LLC, 6385 S. RAINBOW BLVD., SUITE 500, LAS VEGAS NV 89118
Paul J Salem director 50 KENNEDY PLAZA, 18TH FLOOR, PROVIDENCE RI 02903
Daniel J Taylor director 3600 LAS VEGAS BLVD., S., LAS VEGAS NV 89109
James C. Stewart officer: Chief Executive Officer C/O MGM GROWTH PROPERTIES LLC, 6385 S. RAINBOW BLVD., SUITE 500, LAS VEGAS NV 89118
Thomas A Roberts director C/O MGM GROWTH PROPERTIES LLC 6385 S. RAINBOW BLVD., SUITE 500 LAS VEGAS NV 89118
Charles Irving director C/O MGM GROWTH PROPERTIES LLC 6385 S. RAINBOW BOULEVARD, SUITE 500 LAS VEGAS NV 89118
Kathryn Coleman director 6385 S RAINBOW BOULEVARD, STE. 500 LAS VEGAS NV 89118
Michael Rietbrock other: Former Director C/O MGM GROWTH PROPERTIES LLC 6385 S. RAINBOW BLVD., SUITE 500 LAS VEGAS NV 89118
James Murren other: former director 3600 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Robert W Smith director C/O MGM GROWTH PROPERTIES LLC 6385 S. RAINBOW BLVD., SUITE 500 LAS VEGAS NV 89118
Sanders Corey Ian director 3950 LAS VEGAS BLVD., S., LAS VEGAS NV 89119
Lau Knicks officer: ED Acct & Finance (Controller) 1980 FESTIVAL PLAZA DR., SUITE 750, LAS VEGAS NV 89135
William Hornbuckle director 3600 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
John Mcmanus director 3600 LAS VEGAS BLVD, S., EXECUTIVE OFFICES, LAS VEGAS NV 89119
Resorts International Mgm 10 percent owner 3600 LAS VEGAS BLVD S., LAS VEGAS NV 89109