CHDN
Churchill Downs
PE ratio, current and historical analysis
- Stocks
- Consumer Cyclical
- NASDAQ: CHDN
- PE Ratio
As of Jun 22, 2026, the Churchill Downs stock's PE ratio is 15.76. This results from the current EPS of $5.48 and stock price of $86.35. The P/E ratio has a decrease of 13% from the past four quarters average of 18.1.
CHDN PE ratio history
The PE ratio of Churchill Downs has averaged 24.0 over the last ten years. The current PE ratio of 15.76 is 34% below the historical average. Over the past ten years, CHDN's PE ratio was at its highest in the Sep 2021 quarter at 41.54, when the stock price was $120.04 and the EPS was $2.89. The lowest value was in the Dec 2018 quarter, when it reached 9.52 with a price of $40.66 and an EPS of $4.27.
Churchill Downs PE ratio by year
Maximum annual increase: 318.91% in 2019
Maximum annual decrease: -65.68% in 2011
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 21.39 | -8.24% | $113.78 | $5.32 |
| 2024 | 23.31 | -4.11% | $133.54 | $5.73 |
| 2023 | 24.31 | 33.13% | $134.93 | $5.55 |
| 2022 | 18.26 | -51.19% | $105.72 | $5.79 |
| 2021 | 37.41 | N/A | $120.45 | $3.22 |
| 2020 | N/A | N/A | $97.4 | -$1.03 |
| 2019 | 39.88 | 318.91% | $68.6 | $1.72 |
| 2018 | 9.52 | -63.43% | $40.66 | $4.27 |
| 2017 | 26.03 | 12.1% | $38.78 | $1.49 |
| 2016 | 23.22 | -38.96% | $25.08 | $1.08 |
| 2015 | 38.04 | 7.76% | $23.58 | $0.62 |
| 2014 | 35.3 | 22.87% | $15.88 | $0.45 |
| 2013 | 28.73 | 47.86% | $14.94 | $0.52 |
| 2012 | 19.43 | 40.9% | $11.08 | $0.57 |
| 2011 | 13.79 | -65.68% | $8.69 | $0.63 |
Churchill Downs PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 16.39 | -23.38% | $89.83 | $5.48 |
| Dec 2025 | 21.39 | 22.58% | $113.78 | $5.32 |
| Sep 2025 | 17.45 | 1.22% | $97.01 | $5.56 |
| Jun 2025 | 17.24 | -12.13% | $101 | $5.86 |
| Mar 2025 | 19.62 | -15.83% | $111.07 | $5.66 |
| Dec 2024 | 23.31 | -4.31% | $133.54 | $5.73 |
| Sep 2024 | 24.36 | -4.21% | $135.21 | $5.55 |
| Jun 2024 | 25.43 | -6.09% | $139.6 | $5.49 |
| Mar 2024 | 27.08 | 11.39% | $123.75 | $4.57 |
| Dec 2023 | 24.31 | 0.79% | $134.93 | $5.55 |
| Sep 2023 | 24.12 | -17.68% | $116.04 | $4.81 |
| Jun 2023 | 29.3 | 66.38% | $139.17 | $4.75 |
| Mar 2023 | 17.61 | -3.56% | $128.53 | $7.3 |
| Dec 2022 | 18.26 | 25.33% | $105.72 | $5.79 |
| Sep 2022 | 14.57 | -3.06% | $92.08 | $6.32 |
CHDN Price vs fair value
CHDN 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.
Currently, CHDN's PE ratio is below the 3, 5 and 10-year averages.
PE comparison
Churchill Downs's P/E of 15.76 is above the industry average but below the Consumer Cyclical sector average. Compared to its Consumer Cyclical sector average of 20.67, Churchill Downs's P/E is 24% lower.
CHDN PE vs peers
| Stock name | PE ratio | Market cap |
|---|---|---|
| CHDN Churchill Downs Inc | 15.75 | $6.02B |
| PENN Penn National Gaming Inc | N/A | $2.74B |
Frequently asked questions
What is Churchill Downs's PE ratio?
CHDN's price to earnings ratio is 15.76 as of Jun 22, 2026.
What is the 3-year average PE ratio for Churchill Downs (CHDN)?
The 3-year average PE ratio for CHDN stock is 22.5.
What is the 5-year average PE ratio for Churchill Downs (CHDN)?
The 5-year average PE ratio for CHDN stock is 24.27.
What is the highest PE ratio for CHDN?
In the last ten years, the Sep 2021 quarter recorded the highest quarterly PE ratio at 41.54.
How does the current PE ratio for CHDN compare to its historical average?
CHDN's price to earnings ratio is currently 34% below its 10-year historical average.
How is CHDN's PE ratio calculated (Churchill Downs PE ratio formula)?
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Jun 22, 2026), Churchill Downs's stock price is $86.35. The earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $5.48. Therefore, Churchill Downs's P/E ratio for today is 15.76. PE RATIO(15.76) = STOCK PRICE($86.35) / TTM EPS($5.48)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.