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, Melco Resorts and Entertainment's share price is $6.31.
Melco Resorts and Entertainment's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $8.62. Hence, Melco Resorts and Entertainment's PS Ratio for today is 0.73.
Good Sign:
Melco Resorts and Entertainment Ltd stock PS Ratio (=0.73) is close to 10-year low of 0.71
The historical rank and industry rank for Melco Resorts and Entertainment's PS Ratio or its related term are showing as below:
MLCO'
s PS Ratio Range Over the Past 10 Years
Min: 0.71 Med: 2.35 Max: 6.75
Current: 0.73
During the past 13 years, Melco Resorts and Entertainment's highest PS Ratio was 6.75. The lowest was 0.71. And the median was 2.35.
MLCO's PS Ratio is ranked better than 76.03% of 822
companies
in the Travel & Leisure industry
Industry Median: 1.62
vs MLCO: 0.73
During the past 13 years, Melco Resorts and Entertainment's highest 3-Year average Revenue per Share Growth Rate was 360.20% per year. The lowest was -37.50% per year. And the median was 17.30% per year.
Back to Basics: PS Ratio
Melco Resorts and Entertainment 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 Melco Resorts and Entertainment's PS Ratio
For the Resorts & Casinos subindustry, Melco Resorts and Entertainment'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.
Melco Resorts and Entertainment's PS Ratio Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Melco Resorts and Entertainment's PS Ratio distribution charts can be found below:
* The bar in red indicates where Melco Resorts and Entertainment's PS Ratio falls into.
Melco Resorts and Entertainment 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.
Melco Resorts and Entertainment's Share Price of today is $6.31. Melco Resorts and Entertainment's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $8.62.
* 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:
Melco Resorts and Entertainment (NAS:MLCO) 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.
Melco Resorts and Entertainment PS Ratio Related Terms
Thank you for viewing the detailed overview of Melco Resorts and Entertainment's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Melco Resorts and Entertainment (Melco Resorts and Entertainment) Business Description
Melco Resorts & Entertainment is one of only six licensed casino operators in Macao. It operates Altira, a complex focused on VIP 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 largely from the Philippines as of 2019.
Melco Resorts and Entertainment (Melco Resorts and Entertainment) Headlines
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