MGM
MGM Resorts International
PE ratio, current and historical analysis
- Stocks
- Consumer Cyclical
- NYSE: MGM
- PE Ratio
The price-to-earnings ratio for MGM Resorts International stock stands at 27.01 as of Jul 31, 2026. This results from the current EPS of $1.65 and stock price of $44.57. A decrease of 67% has been recorded in the PE ratio compared to the average of 83.1 of the past four quarters.
MGM PE ratio history
Over the last ten years, the average PE ratio of MGM Resorts International has been 26.52. The current 27.01 price-to-earnings ratio is in line with the historical average. In the past ten years, MGM's PE ratio reached its highest point in the Sep 2025 quarter at 203.88, with a price of $34.66 and an EPS of $0.17. The Mar 2020 quarter saw the lowest point at 2.15, with a price of $11.8 and an EPS of $5.48.
MGM Resorts International PE ratio by year
Maximum annual increase: 230.94% in 2025
Maximum annual decrease: -71.17% in 2019
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 47.39 | 230.94% | $36.49 | $0.77 |
| 2024 | 14.32 | 3.17% | $34.65 | $2.42 |
| 2023 | 13.88 | 45.65% | $44.68 | $3.22 |
| 2022 | 9.53 | -48.18% | $33.53 | $3.52 |
| 2021 | 18.39 | N/A | $44.88 | $2.44 |
| 2020 | N/A | N/A | $31.51 | -$2.02 |
| 2019 | 8.53 | -71.17% | $33.27 | $3.9 |
| 2018 | 29.59 | 199.49% | $24.26 | $0.82 |
| 2017 | 9.88 | -33.51% | $33.39 | $3.38 |
| 2016 | 14.86 | N/A | $28.83 | $1.94 |
| 2015 | N/A | N/A | $22.72 | -$0.82 |
| 2014 | N/A | N/A | $21.38 | -$0.31 |
| 2013 | N/A | N/A | $23.52 | -$0.35 |
| 2012 | N/A | N/A | $11.64 | -$3.62 |
| 2011 | 1.64 | N/A | $10.43 | $6.37 |
MGM Resorts International PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Jun 2026 | 28.98 | -44.41% | $47.81 | $1.65 |
| Mar 2026 | 52.13 | 10% | $37.01 | $0.71 |
| Dec 2025 | 47.39 | -76.76% | $36.49 | $0.77 |
| Sep 2025 | 203.88 | 985.05% | $34.66 | $0.17 |
| Jun 2025 | 18.79 | 42.67% | $34.39 | $1.83 |
| Mar 2025 | 13.17 | -8.03% | $29.64 | $2.25 |
| Dec 2024 | 14.32 | 2.95% | $34.65 | $2.42 |
| Sep 2024 | 13.91 | -16.76% | $39.09 | $2.81 |
| Jun 2024 | 16.71 | -7.27% | $44.44 | $2.66 |
| Mar 2024 | 18.02 | 29.83% | $47.21 | $2.62 |
| Dec 2023 | 13.88 | 12.48% | $44.68 | $3.22 |
| Sep 2023 | 12.34 | -69.94% | $36.76 | $2.98 |
| Jun 2023 | 41.05 | 339.04% | $43.92 | $1.07 |
| Mar 2023 | 9.35 | -1.89% | $44.42 | $4.75 |
| Dec 2022 | 9.53 | -4.41% | $33.53 | $3.52 |
MGM Price vs fair value
MGM average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
The current PE ratio of MGM is above its 10-year historical average, but it is lower than the 3 and 5-year averages.
PE comparison
With a P/E of 27.01, MGM stands above the Consumer Cyclical sector, the industry and its peers average. Looking at its Consumer Cyclical sector average of 20.94, MGM Resorts International's P/E is 29% higher.
MGM PE vs peers
MGM's PE ratio is less than its peer stock WYNN, but it is above LVS's and BYD's. MGM Resorts International is presently trading at a higher PE ratio (27.01) than its peer group average of 17.31.
| Stock name | PE ratio | Market cap |
|---|---|---|
| BYD Boyd Gaming Corp | 3.71 | $6.18B |
| LVS Las Vegas Sands Corp | 19.02 | $31.67B |
| MCRI Monarch Casino & Resort Inc | 19.24 | $2.2B |
| MGM MGM Resorts International | 27.01 | $11.21B |
| WYNN Wynn Resorts Ltd | 27.28 | $10.31B |
| PENN PENN Entertainment Inc | N/A | $2.75B |
| CNTY Century Casinos Inc | N/A | $34.09M |
Frequently asked questions
What is MGM Resorts International's PE ratio?
MGM's price to earnings ratio is 27.01 as of Jul 31, 2026.
What is the 3-year average PE ratio for MGM Resorts International (MGM)?
The 3-year average PE ratio for MGM stock is 37.79.
What is the 5-year average PE ratio for MGM Resorts International (MGM)?
The 5-year average PE ratio for MGM stock is 29.57.
What is the highest PE ratio for MGM?
Over the last ten years, the quarterly PE ratio reached a historic high of 203.88 in the Sep 2025 quarter.
How does the current PE ratio for MGM compare to its historical average?
MGM's price to earnings ratio is currently 1.8% above its 10-year historical average.
How is MGM's PE ratio calculated (MGM Resorts International PE ratio formula)?
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Jul 31, 2026), MGM Resorts International's stock price is $44.57. The earnings per share for the trailing twelve months (TTM) ending Jun 2026 is $1.65. Therefore, MGM Resorts International's price to earnings ratio for today is 27.01. PE RATIO(27.01) = STOCK PRICE($44.57) / TTM EPS($1.65)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.