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RRR (Red Rock Resorts) Cyclically Adjusted PB Ratio : 6.44 (As of Apr. 27, 2025)


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What is Red Rock Resorts Cyclically Adjusted PB Ratio?

As of today (2025-04-27), Red Rock Resorts's current share price is $42.60. Red Rock Resorts's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $6.61. Red Rock Resorts's Cyclically Adjusted PB Ratio for today is 6.44.

The historical rank and industry rank for Red Rock Resorts's Cyclically Adjusted PB Ratio or its related term are showing as below:

RRR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.69   Med: 7.21   Max: 8.26
Current: 6.45

During the past years, Red Rock Resorts's highest Cyclically Adjusted PB Ratio was 8.26. The lowest was 5.69. And the median was 7.21.

RRR's Cyclically Adjusted PB Ratio is ranked worse than
91.55% of 580 companies
in the Travel & Leisure industry
Industry Median: 1.235 vs RRR: 6.45

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Red Rock Resorts's adjusted book value per share data for the three months ended in Dec. 2024 was $3.606. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $6.61 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Red Rock Resorts Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Red Rock Resorts's Cyclically Adjusted PB 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.

Red Rock Resorts Cyclically Adjusted PB Ratio Chart

Red Rock Resorts Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 7.00

Red Rock Resorts Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Cyclically Adjusted PB 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 - 7.85 7.70 7.72 7.00

Competitive Comparison of Red Rock Resorts's Cyclically Adjusted PB Ratio

For the Resorts & Casinos subindustry, Red Rock Resorts's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


Red Rock Resorts's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Red Rock Resorts's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Red Rock Resorts's Cyclically Adjusted PB Ratio falls into.


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Red Rock Resorts Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Red Rock Resorts's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=42.60/6.61
=6.44

* 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.

Red Rock Resorts's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Red Rock Resorts's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=3.606/133.1571*133.1571
=3.606

Current CPI (Dec. 2024) = 133.1571.

Red Rock Resorts Quarterly Data

Book Value per Share CPI Adj_Book
201503 0.000 99.621 0.000
201506 15.833 100.684 20.940
201509 13.465 100.392 17.860
201512 14.188 99.792 18.932
201603 15.513 100.470 20.560
201606 4.453 101.688 5.831
201609 4.581 101.861 5.988
201612 5.308 101.863 6.939
201703 5.562 102.862 7.200
201706 4.929 103.349 6.351
201709 4.976 104.136 6.363
201712 5.497 104.011 7.037
201803 6.146 105.290 7.773
201806 7.279 106.317 9.117
201809 7.417 106.507 9.273
201812 7.459 105.998 9.370
201903 7.522 107.251 9.339
201906 7.402 108.070 9.120
201909 7.112 108.329 8.742
201912 7.106 108.420 8.727
202003 4.860 108.902 5.942
202006 3.877 108.767 4.746
202009 4.502 109.815 5.459
202012 4.950 109.897 5.998
202103 3.880 111.754 4.623
202106 4.794 114.631 5.569
202109 5.045 115.734 5.804
202112 0.969 117.630 1.097
202203 1.428 121.301 1.568
202206 0.235 125.017 0.250
202209 0.559 125.227 0.594
202212 0.755 125.222 0.803
202303 1.290 127.348 1.349
202306 1.712 128.729 1.771
202309 2.112 129.860 2.166
202312 2.868 129.419 2.951
202403 2.269 131.776 2.293
202406 2.670 132.554 2.682
202409 2.944 133.029 2.947
202412 3.606 133.157 3.606

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Red Rock Resorts  (NAS:RRR) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Red Rock Resorts Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Red Rock Resorts's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Red Rock Resorts Business Description

Traded in Other Exchanges
Address
1505 South Pavilion Center Drive, Las Vegas, NV, USA, 89135
Red Rock Resorts Inc along with its subsidiary is a gaming, development and management company that develops and operates strategically-located casino and entertainment properties. Its casino properties are conveniently located throughout the Las Vegas valley and provide its customers a wide variety of entertainment and dining options. The majority of revenue is derived from Casinos.
Executives
Fertitta Frank J Iii director, 10 percent owner 2411 W SAHARA AVE, LAS VEGAS NV 89102
Lorenzo J Fertitta director, 10 percent owner 2960 W SAHARA AVENUE, LAS VEGAS NV 89102
Stephen Lawrence Cootey officer: See Remarks C/O RED ROCK RESORTS, INC., 1505 SOUTH PAVILION CENTER DRIVE,, LAS VEGAS NV 89135
Jeffrey T Welch officer: EVP and Chief Legal Officer C/O RED ROCK RESORTS,INC., 1505 SOUTH PAVILION CENTER DRIVE, LAS VEGAS NV 89135
Robert A Finch officer: EVP & Chief Operating Officer C/O RED ROCK RESORTS, INC., 1505 SOUTH PAVILION CENTER DRIVE, LAS VEGAS NV 89135
Scott Kreeger officer: President 2535 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS CA 89109
Joseph J Hasson officer: EVP of Operations C/O RED ROCK RESORTS, INC., 1505 SOUTH PAVILION CENTER DRIVE, LAS VEGAS NV 89135
Richard J Haskins officer: President
Cashell Robert A. Jr director 1505 SOUTH PAVILION CENTER DRIVE, LAS VEGAS NV 89135
Robert E Lewis director 2411 W. SAHARA AVE, LAS VEGAS NV 89102
Marc J. Falcone officer: EVP, CFO and Treasuer 1505 SOUTH PAVILION CENTER DRIVE, LAS VEGAS NV 89135
Daniel J Roy officer: EVP and COO 1505 SOUTH PAVILION CENTER DRIVE, LAS VEGAS NV 89135
Nave James E D V M director 2411 W SAHARA AVENUE, LAS VEGAS NV 89102
Bank Ag\ Deutsche 10 percent owner TAUNUSANLAGE 12 D-60325, FRANKFURT AM MAIN 2M 00000
Fertitta Business Management Llc director, 10 percent owner 1505 SOUTH PAVILION CENTER DRIVE, LAS VEGAS NV 89135