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Melco International Development (HKSE:00200) PS Ratio : 0.33 (As of May. 14, 2024)


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What is Melco International Development 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, Melco International Development's share price is HK$6.44. Melco International Development's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$19.56. Hence, Melco International Development's PS Ratio for today is 0.33.

The historical rank and industry rank for Melco International Development's PS Ratio or its related term are showing as below:

HKSE:00200' s PS Ratio Range Over the Past 10 Years
Min: 0.25   Med: 1.13   Max: 293.75
Current: 0.33

During the past 13 years, Melco International Development's highest PS Ratio was 293.75. The lowest was 0.25. And the median was 1.13.

HKSE:00200's PS Ratio is ranked better than
91.99% of 824 companies
in the Travel & Leisure industry
Industry Median: 1.59 vs HKSE:00200: 0.33

Melco International Development's Revenue per Sharefor the six months ended in Dec. 2023 was HK$10.90. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$19.56.

Warning Sign:

Melco International Development Ltd 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 Melco International Development was 178.70% per year. During the past 3 years, the average Revenue per Share Growth Rate was 30.10% per year. During the past 5 years, the average Revenue per Share Growth Rate was -15.00% per year. During the past 10 years, the average Revenue per Share Growth Rate was 59.90% per year.

During the past 13 years, Melco International Development's highest 3-Year average Revenue per Share Growth Rate was 491.30% per year. The lowest was -44.00% per year. And the median was -1.25% per year.

Back to Basics: PS Ratio


Melco International Development PS Ratio Historical Data

The historical data trend for Melco International Development'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.

Melco International Development PS Ratio Chart

Melco International Development Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.74 1.69 0.92 1.21 0.28

Melco International Development Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.92 - 1.21 - 0.28

Competitive Comparison of Melco International Development's PS Ratio

For the Resorts & Casinos subindustry, Melco International Development'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 International Development's PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Melco International Development's PS Ratio distribution charts can be found below:

* The bar in red indicates where Melco International Development's PS Ratio falls into.



Melco International Development 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 International Development's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=6.44/19.556
=0.33

Melco International Development's Share Price of today is HK$6.44.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Melco International Development's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$19.56.

* 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.


Melco International Development  (HKSE:00200) 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.


Melco International Development PS Ratio Related Terms

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Melco International Development (HKSE:00200) Business Description

Traded in Other Exchanges
Address
60 Wyndham Street, 38th Floor, The Centrium, Central, Hong Kong, HKG
Melco International Development Ltd together with its subsidiaries is a developer, owner and operator of international network of casino gaming and entertainment casino resorts. Its operating segments include Casino and Hospitality segment, and the Others segment. The Casino and Hospitality segment comprises operation of casino and provision of hospitality through Melco Resorts and ICR Group. The Others segment comprises other gaming, leisure and entertainment, and property investments. The company's operations are mainly located in Macau, Hong Kong, the Philippines, Cyprus, and Japan. Geographically, the company derives maximum revenue from Macau.

Melco International Development (HKSE:00200) Headlines

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