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Churchill Downs (FRA:CHR) Shiller PE Ratio : 50.41 (As of May. 16, 2024)


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What is Churchill Downs Shiller PE Ratio?

As of today (2024-05-16), Churchill Downs's current share price is €123.00. Churchill Downs's E10 for the quarter that ended in Mar. 2024 was €2.44. Churchill Downs's Shiller PE Ratio for today is 50.41.

The historical rank and industry rank for Churchill Downs's Shiller PE Ratio or its related term are showing as below:

FRA:CHR' s Shiller PE Ratio Range Over the Past 10 Years
Min: 29.7   Med: 53.24   Max: 117.75
Current: 50.56

During the past years, Churchill Downs's highest Shiller PE Ratio was 117.75. The lowest was 29.70. And the median was 53.24.

FRA:CHR's Shiller PE Ratio is ranked worse than
74.68% of 395 companies
in the Travel & Leisure industry
Industry Median: 26.39 vs FRA:CHR: 50.56

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Churchill Downs's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.994. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €2.44 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Churchill Downs Shiller PE Ratio Historical Data

The historical data trend for Churchill Downs's Shiller PE 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.

Churchill Downs Shiller PE Ratio Chart

Churchill Downs Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 57.85 90.51 86.07 53.15 53.15

Churchill Downs Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Shiller PE 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 57.73 58.59 47.10 53.15 46.74

Competitive Comparison of Churchill Downs's Shiller PE Ratio

For the Gambling subindustry, Churchill Downs's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.


Churchill Downs's Shiller PE Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Churchill Downs's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Churchill Downs's Shiller PE Ratio falls into.



Churchill Downs Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Churchill Downs's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=123.00/2.44
=50.41

* 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.

Churchill Downs's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Churchill Downs's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.994/131.7762*131.7762
=0.994

Current CPI (Mar. 2024) = 131.7762.

Churchill Downs Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.394 100.560 0.516
201409 0.026 100.428 0.034
201412 -0.109 99.070 -0.145
201503 -0.014 99.621 -0.019
201506 0.460 100.684 0.602
201509 0.036 100.392 0.047
201512 0.066 99.792 0.087
201603 0.024 100.470 0.031
201606 0.610 101.688 0.790
201609 0.077 101.861 0.100
201612 0.253 101.863 0.327
201703 0.069 102.862 0.088
201706 0.713 103.349 0.909
201709 0.151 104.136 0.191
201712 0.346 104.011 0.438
201803 1.695 105.290 2.121
201806 1.079 106.317 1.337
201809 0.591 106.507 0.731
201812 0.123 105.998 0.153
201903 0.128 107.251 0.157
201906 1.164 108.070 1.419
201909 0.163 108.329 0.198
201912 0.045 108.420 0.055
202003 -0.267 108.902 -0.323
202006 -1.332 108.767 -1.614
202009 0.458 109.815 0.550
202012 0.177 109.897 0.212
202103 0.382 111.754 0.450
202106 1.145 114.631 1.316
202109 0.667 115.734 0.759
202112 0.491 117.630 0.550
202203 0.490 121.301 0.532
202206 4.153 125.017 4.378
202209 0.747 125.227 0.786
202212 0.014 125.222 0.015
202303 1.915 127.348 1.982
202306 1.717 128.729 1.758
202309 0.740 129.860 0.751
202312 0.697 129.419 0.710
202403 0.994 131.776 0.994

Add all the adjusted EPS together and divide 10 will get our E10.

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.


Churchill Downs  (FRA:CHR) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Churchill Downs Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Churchill Downs's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Churchill Downs (FRA:CHR) Business Description

Traded in Other Exchanges
Address
600 North Hurstbourne Parkway, Suite 400, Louisville, KY, USA, 40222
Churchill Downs Inc is a gaming entertainment, online wagering, and racing company. It operates through three business segments: Live and Historical Racing, TwinSpires, and Gaming. The Live and Historical Racing segment includes live and historical pari-mutuel racing. The TwinSpires segment includes the revenue and expenses for online horse racing and the online and retail sports betting and iGaming wagering business. The company generates more than half of its revenue from the Gaming segment includes revenue from casino properties and associated racetrack or jai alai facilities which support the casino license as applicable.