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Wynn Resorts (Wynn Resorts) Cyclically Adjusted Book per Share : $3.52 (As of Dec. 2023)


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What is Wynn Resorts Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Wynn Resorts's adjusted book value per share for the three months ended in Dec. 2023 was $-2.250. 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 $3.52 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Wynn Resorts's average Cyclically Adjusted Book Growth Rate was -7.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -17.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -18.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -14.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Wynn Resorts was -5.30% per year. The lowest was -23.70% per year. And the median was -12.30% per year.

As of today (2024-04-27), Wynn Resorts's current stock price is $95.88. Wynn Resorts's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $3.52. Wynn Resorts's Cyclically Adjusted PB Ratio of today is 27.24.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Wynn Resorts was 30.56. The lowest was 4.46. And the median was 13.89.


Wynn Resorts Cyclically Adjusted Book per Share Historical Data

The historical data trend for Wynn Resorts's Cyclically Adjusted Book per Share 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.

Wynn Resorts Cyclically Adjusted Book per Share Chart

Wynn Resorts Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.54 6.21 4.29 3.79 3.52

Wynn Resorts Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Book per Share 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 3.79 3.75 3.68 3.53 3.52

Competitive Comparison of Wynn Resorts's Cyclically Adjusted Book per Share

For the Resorts & Casinos subindustry, Wynn 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.


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

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

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



Wynn Resorts Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Wynn Resorts's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-2.25/129.4194*129.4194
=-2.250

Current CPI (Dec. 2023) = 129.4194.

Wynn Resorts Quarterly Data

Book Value per Share CPI Adj_Book
201403 -0.716 99.695 -0.929
201406 0.211 100.560 0.272
201409 0.935 100.428 1.205
201412 -0.284 99.070 -0.371
201503 -2.207 99.621 -2.867
201506 -2.053 100.684 -2.639
201509 -1.741 100.392 -2.244
201512 -1.102 99.792 -1.429
201603 -0.829 100.470 -1.068
201606 -0.684 101.688 -0.871
201609 -1.317 101.861 -1.673
201612 1.552 101.863 1.972
201703 2.152 102.862 2.708
201706 2.666 103.349 3.339
201709 3.202 104.136 3.979
201712 9.202 104.011 11.450
201803 6.895 105.290 8.475
201806 15.767 106.317 19.193
201809 16.601 106.507 20.172
201812 18.969 105.998 23.160
201903 19.304 107.251 23.294
201906 19.058 108.070 22.823
201909 17.872 108.329 21.351
201912 16.235 108.420 19.379
202003 11.513 108.902 13.682
202006 5.743 108.767 6.833
202009 -1.193 109.815 -1.406
202012 -3.263 109.897 -3.843
202103 2.021 111.754 2.340
202106 0.888 114.631 1.003
202109 -0.460 115.734 -0.514
202112 -1.853 117.630 -2.039
202203 -2.908 121.301 -3.103
202206 -5.359 125.017 -5.548
202209 -6.731 125.227 -6.956
202212 -6.623 125.222 -6.845
202303 -6.304 127.348 -6.407
202306 -5.531 128.729 -5.561
202309 -7.249 129.860 -7.224
202312 -2.250 129.419 -2.250

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


Wynn Resorts  (NAS:WYNN) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Wynn Resorts's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=95.88/3.52
=27.24

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Wynn Resorts was 30.56. The lowest was 4.46. And the median was 13.89.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Wynn Resorts Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Wynn Resorts's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Wynn Resorts (Wynn Resorts) Business Description

Traded in Other Exchanges
Address
3131 Las Vegas Boulevard South, Las Vegas, NV, USA, 89109
Wynn Resorts operates luxury casinos and resorts. The company was founded in 2002 by Steve Wynn, the former CEO. The company operates four megaresorts: Wynn Macau and Encore in Macao and Wynn Las Vegas and Encore in Las Vegas. Cotai Palace opened in August 2016 in Macao, and Encore Boston Harbor in Massachusetts opened June 2019. We expect the company to open a new building next to its existing Wynn Palace resort in around 2028. The company also operates Wynn Interactive, a digital sports betting and iGaming platform. The company received 76% and 24% of its 2019 prepandemic EBITDA from Macao and Las Vegas, respectively.
Executives
Julie Cameron-doe officer: CFO C/O WYNN RESORTS, LIMITED, 3131 LAS VEGAS BOULEVARD S., LAS VEGAS NV 89109
Ellen F Whittemore officer: EVP and General Counsel C/O WYNN RESORTS, LIMITED, 3131 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Craig Scott Billings officer: CFO and Treasurer C/O WYNN RESORTS, LIMITED, 3131 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Patricia Mulroy director C/O WYNN RESORTS LIMITED, 3131 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Paul Albert Liu director C/O WYNN RESORTS, 3131 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Betsy S Atkins director
Matt Maddox officer: President C/O WYNN RESORTS LTD, 3145 LAS VEGAS BIVD SOUTH, LAS VEGAS NV 89109
Darnell O. Strom director C/O WYNN RESORTS, LIMITED, 3131 LAS VEGAS BOULEVARD S., LAS VEGAS NV 89109
Philip G Satre director
Richard J Byrne director 350 PARK AVENUE, 20TH FLOOR, NEW YORK NY 10022
Robert Jos Miller director 6363 SOUTH FIDDLERS GREEN CIRCLE, GREENWOOD VILLAGE CO 80111
Margaret Jane Myers director C/O WYNN RESORTS, LIMITED, 3131 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Winifred Markus Webb director 9330 BALBOA AVE, SAN DIEGO CA 92123
Stephen A Wynn 10 percent owner 3131 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Kimmarie Sinatra officer: EVP/General Counsel/Secretary C/O WYNN RESORTS LIMITED, 3131 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109

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