As of May 2, 2024, the Las Vegas Sands stock's PE ratio is 22.54. This takes into account the latest EPS of $2.07 and stock price of $46.65. The PE ratio has decreased by 90% from its last 4 quarters average of 234.1.
The PE ratio of Las Vegas Sands has averaged 48.32 over the last ten years. The current price-to-earnings ratio of 22.54 is 53% less than the historical average. Analyzing the last ten years, LVS's PE ratio reached its highest point in the Jun 2023 quarter at 828.57, when the price was $58 and the EPS was $0.07. The lowest point was recorded in the Sep 2018 quarter, when it reached 12.33 with a price of $59.33 and an EPS of $4.81.
Maximum annual increase: 53.57% in 2023
Maximum annual decrease: -41.36% in 2014
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 30.76 | 53.57% |
| 2022 | 20.03 | N/A |
| 2021 | N/A | N/A |
| 2020 | N/A | N/A |
| 2019 | 19.73 | 16.4% |
| 2018 | 16.95 | -13.39% |
| 2017 | 19.57 | -22.68% |
| 2016 | 25.31 | 42.59% |
| 2015 | 17.75 | 7.45% |
| 2014 | 16.52 | -41.36% |
LVS's current PE ratio is under its 3, 5 and 10-year averages.
When compared to its peer stocks MGM and WYNN, LVS's PE ratio is higher. Las Vegas Sands's PE ratio is trading above the peer average of 13.76.
| Stock name | PE ratio | Market cap |
|---|---|---|
| BYD Boyd Gaming Corp | 8.84 | $5.2B |
| WYNN Wynn Resorts Ltd | 14.9 | $10.84B |
| MGM MGM Resorts International | 15.66 | $12.87B |
| MCRI Monarch Casino & Resort Inc | 16.1 | $1.31B |
| LVS Las Vegas Sands Corp | 22.64 | $34.92B |
| CNTY Century Casinos Inc | N/A | $94.12M |
| PENN Penn National Gaming Inc | N/A | $2.31B |
The price to earnings ratio for LVS stock as of May 2, 2024, stands at 22.54.
The 3-year average PE ratio for LVS stock is 125.3.
The 5-year average PE ratio for LVS stock is 91.38.
The highest quarterly PE ratio in the last ten years has been 828.57 and it was in the Jun 2023 quarter.
LVS's price to earnings ratio is currently 53% below its 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (May 2, 2024), Las Vegas Sands's share price is $46.65. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.07. Therefore, Las Vegas Sands's price to earnings ratio for today is 22.54. PE RATIO(22.54) = STOCK PRICE($46.65) / TTM EPS($2.07)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.