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Studio City International Holdings (Studio City International Holdings) PB Ratio : 2.11 (As of May. 05, 2024)


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What is Studio City International Holdings PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-05), Studio City International Holdings's share price is $7.9999. Studio City International Holdings's Book Value per Share for the quarter that ended in Dec. 2023 was $3.79. Hence, Studio City International Holdings's PB Ratio of today is 2.11.

Warning Sign:

Studio City International Holdings Ltd stock PB Ratio (=2.11) is close to 10-year high of 2.25

The historical rank and industry rank for Studio City International Holdings's PB Ratio or its related term are showing as below:

MSC' s PB Ratio Range Over the Past 10 Years
Min: 0.29   Med: 1.02   Max: 2.25
Current: 2.11

During the past 9 years, Studio City International Holdings's highest PB Ratio was 2.25. The lowest was 0.29. And the median was 1.02.

MSC's PB Ratio is ranked worse than
56.52% of 759 companies
in the Travel & Leisure industry
Industry Median: 1.78 vs MSC: 2.11

During the past 12 months, Studio City International Holdings's average Book Value Per Share Growth Rate was -16.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -34.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -29.90% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Studio City International Holdings was 20.40% per year. The lowest was -38.10% per year. And the median was -17.50% per year.

Back to Basics: PB Ratio


Studio City International Holdings PB Ratio Historical Data

The historical data trend for Studio City International Holdings's 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.

Studio City International Holdings PB Ratio Chart

Studio City International Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only 1.03 0.87 0.52 1.31 1.71

Studio City International Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.31 1.52 1.74 1.31 1.71

Competitive Comparison of Studio City International Holdings's PB Ratio

For the Resorts & Casinos subindustry, Studio City International Holdings's PB Ratio, along with its competitors' market caps and 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.


Studio City International Holdings's PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Studio City International Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Studio City International Holdings's PB Ratio falls into.



Studio City International Holdings PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Studio City International Holdings's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=7.9999/3.785
=2.11

* 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:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Studio City International Holdings  (NYSE:MSC) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Studio City International Holdings PB Ratio Related Terms

Thank you for viewing the detailed overview of Studio City International Holdings's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Studio City International Holdings (Studio City International Holdings) Business Description

Traded in Other Exchanges
N/A
Address
60 Wyndham Street, 38th Floor, The Centrium, Central, Hong Kong, HKG
Studio City International Holdings Ltd is a world-class gaming, retail, and entertainment resort located in Cotai, Macau. It operates Studio City Casino with around 250 mass-market gaming tables; approximately 970 gaming machines; and 45 VIP rolling chip tables. In addition, it offers non-gaming attractions, including the world's first figure-8 Ferris wheel, a Warner Bros-themed family entertainment center, a 4-D Batman flight simulator, an exclusive night club, and a live performance arena. Geographically, the company derives the majority of its revenue from the Macau region.

Studio City International Holdings (Studio City International Holdings) Headlines

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