MGM RESORTS INTERNATIONAL (MGM) Valuation
Historical valuation analysis based on 1279 data points (2021-09-14 to 2026-10-16)
MGM Resorts is the largest resort operator on the Las Vegas Strip with 37,000 guest rooms and suites, representing about one fourth of all units in the market. The company's Vegas properties includ...
MGM RESORTS INTERNATIONAL (MGM) currently trades at a P/E ratio of 16.89 (historical range: 3.80–151.45, median: 14.40), placing it at the 59th percentile — near its historical average, P/S ratio of 0.41 (range: 0.41–3.39, 0th percentile — cheap relative to its history), EV/EBITDA of 34.01 (range: 2.88–400.17, 89th percentile).
Over the historical period (2021-09-14 to 2026-10-16), MGM RESORTS INTERNATIONAL's P/E ratio has expanded by 143% over the observed period (from an average of 18.2 to 44.2).
MGM RESORTS INTERNATIONAL trades near its historical valuation range, with most metrics close to their median levels.
Historical Valuation Metrics
| Metric | Current | Median | %ile | Assessment |
|---|---|---|---|---|
| P/E Ratio | 16.89 | 14.40 | 59th | near its historical average |
| P/S Ratio | 0.41 | 0.86 | 0th | cheap relative to its history |
| EV/EBITDA | 34.01 | 10.69 | 89th | expensive relative to its history |
| FCF Yield | 20.77% | 10.81% | 100th | cheap relative to its history |
MGM RESORTS INTERNATIONAL (MGM) Valuation & P/E History
MGM RESORTS INTERNATIONAL (MGM) is a US-listed stock operating in the Consumer Cyclical sector, specifically the Hotels & Motels industry currently trading at $28.70 with a market capitalization of $7.2 billion. This page provides historical valuation analysis for MGM based on 1279 data points covering 2021-09-14 to 2026-10-16. The P/E ratio of 16.89 is above the historical median of 14.40, placing MGM at the 59th percentile of its valuation range. The P/S ratio of 0.41 compares to a median of 0.86.
MGM Valuation Metrics & Historical Range
The valuation table above shows MGM RESORTS INTERNATIONAL's current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether MGM is currently trading above or below its typical valuation levels.
- P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests MGM is expensively valued; below the median suggests it is cheap.
- P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
- EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for MGM RESORTS INTERNATIONAL.
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is MGM Overvalued or Undervalued?
MGM RESORTS INTERNATIONAL trades near its historical valuation range, with most metrics close to their median levels. The overall valuation percentile of 49 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive MGM is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.
However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full MGM analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.MGM trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.