LVS
Las Vegas Sands
PE ratio, current and historical analysis
- Stocks
- Consumer Cyclical
- NYSE: LVS
- PE Ratio
As of Jul 31, 2026, the Las Vegas Sands stock's PE ratio is 19.02. This takes into account the latest EPS of $2.57 and stock price of $48.89. The PE ratio has decreased by 15% from its last 4 quarters average of 22.5.
LVS PE ratio history
The PE ratio of Las Vegas Sands has averaged 49.4 over the last ten years. The current price-to-earnings ratio of 19.02 is 61% 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.
Las Vegas Sands PE ratio by year
Maximum annual increase: 53.57% in 2023
Maximum annual decrease: -67.4% in 2011
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 27.7 | 6.25% | $65.09 | $2.35 |
| 2024 | 26.07 | -15.25% | $51.36 | $1.97 |
| 2023 | 30.76 | 53.57% | $49.21 | $1.6 |
| 2022 | 20.03 | N/A | $48.07 | $2.4 |
| 2021 | N/A | N/A | $37.64 | -$1.26 |
| 2020 | N/A | N/A | $59.6 | -$2.21 |
| 2019 | 19.73 | 16.4% | $69.04 | $3.5 |
| 2018 | 16.95 | -13.39% | $52.05 | $3.07 |
| 2017 | 19.57 | -22.68% | $69.49 | $3.55 |
| 2016 | 25.31 | 42.59% | $53.41 | $2.11 |
| 2015 | 17.75 | 7.45% | $43.84 | $2.47 |
| 2014 | 16.52 | -41.36% | $58.16 | $3.52 |
| 2013 | 28.17 | 15.36% | $78.87 | $2.8 |
| 2012 | 24.42 | -0.57% | $46.16 | $1.89 |
| 2011 | 24.56 | -67.4% | $42.73 | $1.74 |
Las Vegas Sands PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Jun 2026 | 17.97 | -9.97% | $46.19 | $2.57 |
| Mar 2026 | 19.96 | -27.94% | $53.88 | $2.7 |
| Dec 2025 | 27.7 | 13.8% | $65.09 | $2.35 |
| Sep 2025 | 24.34 | 10.79% | $53.79 | $2.21 |
| Jun 2025 | 21.97 | 2.38% | $43.51 | $1.98 |
| Mar 2025 | 21.46 | -17.68% | $38.63 | $1.8 |
| Dec 2024 | 26.07 | 4.61% | $51.36 | $1.97 |
| Sep 2024 | 24.92 | 20.5% | $50.34 | $2.02 |
| Jun 2024 | 20.68 | -17.21% | $44.25 | $2.14 |
| Mar 2024 | 24.98 | -18.79% | $51.7 | $2.07 |
| Dec 2023 | 30.76 | -40.95% | $49.21 | $1.6 |
| Sep 2023 | 52.09 | -93.71% | $45.84 | $0.88 |
| Jun 2023 | 828.57 | N/A | $58 | $0.07 |
| Mar 2023 | N/A | N/A | $57.45 | -$0.72 |
| Dec 2022 | 20.03 | 31.34% | $48.07 | $2.4 |
LVS Price vs fair value
LVS 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.
LVS's current PE ratio is under its 3, 5 and 10-year averages.
PE comparison
Las Vegas Sands's price to earnings (P/E) of 19.02 is lower than the Consumer Cyclical sector, the industry and its peers average. Looking at the Consumer Cyclical sector average of 20.94, Las Vegas Sands's price to earnings (P/E) is 9% lower.
LVS PE vs peers
When compared to its peers MGM and WYNN, LVS's PE ratio is lower, but it is higher than BYD's. Las Vegas Sands's current PE ratio of 19.02 is in line with the average of its peers, which is 19.31.
| 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 |
| CNTY Century Casinos Inc | N/A | $34.09M |
| PENN PENN Entertainment Inc | N/A | $2.75B |
Frequently asked questions
What is Las Vegas Sands's PE ratio?
The price to earnings ratio for LVS stock as of Jul 31, 2026, stands at 19.02.
What is the 3-year average PE ratio for Las Vegas Sands (LVS)?
The 3-year average PE ratio for LVS stock is 26.08.
What is the 5-year average PE ratio for Las Vegas Sands (LVS)?
The 5-year average PE ratio for LVS stock is 71.03.
What is the highest PE ratio for LVS?
The highest quarterly PE ratio in the last ten years has been 828.57 and it was in the Jun 2023 quarter.
How does the current PE ratio for LVS compare to its historical average?
LVS's price to earnings ratio is currently 61% below its 10-year historical average.
How is LVS's PE ratio calculated (Las Vegas Sands PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Jul 31, 2026), Las Vegas Sands's share price is $48.89. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2026 is $2.57. Therefore, Las Vegas Sands's price to earnings ratio for today is 19.02. PE RATIO(19.02) = STOCK PRICE($48.89) / TTM EPS($2.57)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.