MGM Resorts
MGM
#2398
Rank
A$11.07 B
Marketcap
A$44.00
Share price
0.46%
Change (1 day)
-14.47%
Change (1 year)
MGM Resorts International is an American company based in Las Vegas that operates hotels and casinos.

P/E ratio for MGM Resorts (MGM)

P/E ratio as of October 2026 (TTM): 18.1

According to MGM Resorts 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.1429. At the end of 2025 the company had a P/E ratio of 47.4.

P/E ratio history for MGM Resorts from 2001 to 2026

PE ratio at the end of each year

Year P/E ratio Change
202547.4229.61%
202414.4
20229.80-45.59%
202118.0-216.15%
2020-15.5-287.6%
20198.27-71.99%
201829.5216.57%
20179.33-33.56%
201614.0-147.75%
2015-29.4-54.87%
2014-65.1-9.1%
2013-71.72253.04%
2012-3.05

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
Las Vegas Sands
LVS
14.0-22.60%๐Ÿ‡บ๐Ÿ‡ธ USA
Wynn Resorts
WYNN
17.4-4.29%๐Ÿ‡บ๐Ÿ‡ธ USA
PENN Entertainment
PENN
-2.33-112.82%๐Ÿ‡บ๐Ÿ‡ธ USA
Monarch Casino & Resort
MCRI
18.5 1.71%๐Ÿ‡บ๐Ÿ‡ธ USA
Century Casinos
CNTY
-0.5389-102.97%๐Ÿ‡บ๐Ÿ‡ธ USA
Boyd Gaming
BYD
2.96-83.69%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.