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Las Vegasnds (BUE:LVS) Cyclically Adjusted PS Ratio : 3.15 (As of May. 15, 2024)


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What is Las Vegasnds Cyclically Adjusted PS Ratio?

As of today (2024-05-15), Las Vegasnds's current share price is ARS25186.50. Las Vegasnds's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ARS7,991.48. Las Vegasnds's Cyclically Adjusted PS Ratio for today is 3.15.

The historical rank and industry rank for Las Vegasnds's Cyclically Adjusted PS Ratio or its related term are showing as below:

BUE:LVS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.01   Med: 3.96   Max: 8.79
Current: 3.13

During the past years, Las Vegasnds's highest Cyclically Adjusted PS Ratio was 8.79. The lowest was 2.01. And the median was 3.96.

BUE:LVS's Cyclically Adjusted PS Ratio is ranked worse than
74.53% of 636 companies
in the Travel & Leisure industry
Industry Median: 1.49 vs BUE:LVS: 3.13

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Las Vegasnds's adjusted revenue per share data for the three months ended in Mar. 2024 was ARS3,315.103. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is ARS7,991.48 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Las Vegasnds Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Las Vegasnds's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Las Vegasnds Cyclically Adjusted PS Ratio Chart

Las Vegasnds Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.35 3.88 2.42 3.13 3.27

Las Vegasnds Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.73 3.77 2.99 3.27 3.49

Competitive Comparison of Las Vegasnds's Cyclically Adjusted PS Ratio

For the Resorts & Casinos subindustry, Las Vegasnds's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Las Vegasnds's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Las Vegasnds's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Las Vegasnds's Cyclically Adjusted PS Ratio falls into.



Las Vegasnds Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Las Vegasnds's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=25186.50/7991.48
=3.15

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Las Vegasnds's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Las Vegasnds's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=3315.103/129.4194*129.4194
=3,315.103

Current CPI (Mar. 2024) = 129.4194.

Las Vegasnds Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 36.390 100.560 46.834
201409 36.959 100.428 47.628
201412 36.463 99.070 47.633
201503 33.249 99.621 43.194
201506 33.242 100.684 42.729
201509 34.124 100.392 43.991
201512 46.454 99.792 60.246
201603 49.911 100.470 64.292
201606 46.582 101.688 59.285
201609 55.708 101.861 70.780
201612 58.545 101.863 74.383
201703 59.477 102.862 74.833
201706 64.724 103.349 81.051
201709 69.939 104.136 86.920
201712 81.756 104.011 101.728
201803 91.283 105.290 112.203
201806 104.274 106.317 126.933
201809 157.670 106.507 191.589
201812 167.981 105.998 205.098
201903 183.900 107.251 221.913
201906 192.953 108.070 231.072
201909 236.358 108.329 282.373
201912 147.644 108.420 176.240
202003 115.121 108.902 136.811
202006 5.556 108.767 6.611
202009 43.339 109.815 51.076
202012 108.116 109.897 127.322
202103 141.015 111.754 163.305
202106 145.443 114.631 164.206
202109 109.683 115.734 122.653
202112 133.243 117.630 146.598
202203 132.529 121.301 141.399
202206 164.588 125.017 170.384
202209 182.781 125.227 188.901
202212 245.111 125.222 253.327
202303 546.744 127.348 555.638
202306 795.411 128.729 799.679
202309 1,276.906 129.860 1,272.579
202312 1,384.625 129.419 1,384.625
202403 3,315.103 129.419 3,315.103

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Las Vegasnds  (BUE:LVS) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Las Vegasnds Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Las Vegasnds's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Las Vegasnds (BUE:LVS) Business Description

Address
5500 Haven Street, Las Vegas, NV, USA, 89119
Las Vegas Sands is the world's largest operator of fully integrated resorts, featuring casino, hotel, entertainment, food and beverage, retail, and convention center operations. The company owns the Venetian Macao, Sands Macao, Londoner Macao, Four Seasons Hotel Macao, and Parisian Macao, as well as the Marina Bay Sands resort in Singapore. Its Venetian and Palazzo Las Vegas assets in the U.S. were sold to Apollo and VICI for $6.25 billion in 2022. We expect Sands to open a fourth tower in Singapore in 2029. With the sale of its Vegas assets, the company generates all its EBITDA from Asia, with its casino operations generating the majority of sales.