Las Vegasnds (BUE:LVS) Cyclically Adjusted PS Ratio: 3.10 (As of Aug. 04, 2026) — 14% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BUE:LVS Las Vegas Sands Corp BUE:LVS
68 GF Score
Price ARS37,380.00
GF Value ARS53,293.75
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Las Vegasnds Cyclically Adjusted PS Ratio?

Las Vegasnds BUE:LVS -3.46% 68 Cyclically Adjusted PS Ratio is 3.10 as of Aug. 04, 2026, which is 14% below its 10-year median of 3.61. GuruFocus rates BUE:LVS with a GF Score™ of 68/100 and a GF Value™ of ARS53,293.75 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 671 Travel & Leisure companies, Las Vegasnds ranks worse than 75.56% on this metric.

As of today (2026-08-04), Las Vegasnds's current share price is ARS37380.00. Las Vegasnds's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ARS12,054.95. Las Vegasnds's Cyclically Adjusted PS Ratio for today is 3.10.

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: 3.61   Max: 5.6
Current: 3.16

During the past years, Las Vegasnds's highest Cyclically Adjusted PS Ratio was 5.60. The lowest was 2.01. And the median was 3.61.

BUE:LVS's Cyclically Adjusted PS Ratio is ranked worse than
75.56% of 671 companies
in the Travel & Leisure industry
Industry Median: 1.29 vs BUE:LVS: 3.16

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 Jun. 2026 was ARS7,121.516. 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 ARS12,054.95 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


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


Las Vegasnds Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

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.

Las Vegasnds Cyclically Adjusted PS Ratio Chart

Las Vegasnds Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.42 3.13 3.27 3.51 4.36

Las Vegasnds Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.94 3.61 4.36 3.53 2.99

BUE:LVS vs MGM, WYNN, BYD: Cyclically Adjusted PS Ratio Comparison

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 Cyclically Adjusted PS Ratio vs 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.


BUE:LVS
68GF Score
Las Vegas Sands Corp BUE:LVS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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
=37380.00/12054.95
=3.10

* 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 Jun. 2026 is calculated as:

For example, Las Vegasnds's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=7121.516/333.9520*333.9520
=7,121.516

Current CPI (Jun. 2026) = 333.9520.

Las Vegasnds Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 55.708 241.428 77.057
201612 58.545 241.432 80.980
201703 59.477 243.801 81.470
201706 64.724 244.955 88.240
201709 69.939 246.819 94.629
201712 81.756 246.524 110.750
201803 91.283 249.554 122.154
201806 104.274 251.989 138.191
201809 157.670 252.439 208.582
201812 167.981 251.233 223.289
201903 183.900 254.202 241.594
201906 192.953 256.143 251.567
201909 236.358 256.759 307.418
201912 147.644 256.974 191.872
202003 115.121 258.115 148.945
202006 5.556 257.797 7.197
202009 43.339 260.280 55.606
202012 108.116 260.474 138.615
202103 141.015 264.877 177.789
202106 145.443 271.696 178.770
202109 109.683 274.310 133.531
202112 133.243 278.802 159.600
202203 132.529 287.504 153.940
202206 164.588 296.311 185.496
202209 182.781 296.808 205.655
202212 245.111 296.797 275.796
202303 546.744 301.836 604.919
202306 795.411 305.109 870.604
202309 1,276.906 307.789 1,385.447
202312 1,384.625 306.746 1,507.431
202403 3,315.103 312.332 3,544.578
202406 3,336.674 314.175 3,546.714
202409 3,487.334 315.301 3,693.620
202412 4,051.191 315.605 4,286.698
202503 4,279.099 319.799 4,468.474
202506 5,415.899 322.561 5,607.157
202509 6,603.707 324.800 6,789.782
202512 7,811.922 324.054 8,050.532
202603 7,470.505 330.213 7,555.093
202606 7,121.516 333.952 7,121.516

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.

What does a Cyclically Adjusted PS Ratio of 3.10 mean?
Las Vegasnds (BUE:LVS) has a Cyclically Adjusted PS Ratio of 3.10 as of Aug. 04, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Las Vegasnds and its competitors. This is 14% below median its historical median of 3.61. Over the past decade, Las Vegasnds' Cyclically Adjusted PS Ratio has ranged from 2.01 to 5.60. According to the industry distribution chart, Las Vegasnds ranks #507 out of 671 companies in the Travel & Leisure industry, placing it in the top 75.6%.
Is Las Vegasnds' Cyclically Adjusted PS Ratio too high?
Las Vegasnds' current Cyclically Adjusted PS Ratio of 3.10 is 14% below median its 10-year median of 3.61. Over the past 10 years, this metric has ranged from a low of 2.01 to a high of 5.60. The Travel & Leisure industry median Cyclically Adjusted PS Ratio is 1.29. Las Vegasnds' value of 3.10 is 140.3% above this industry median. Based on the distribution chart, Las Vegasnds ranks #507 out of 671 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Las Vegasnds has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Las Vegasnds' Cyclically Adjusted PS Ratio compare to MGM and WYNN?
According to the Travel & Leisure industry distribution chart, Las Vegasnds ranks #507 out of 671 companies for Cyclically Adjusted PS Ratio. This places Las Vegasnds in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.29. Las Vegasnds' value of 3.10 is 140.3% above this benchmark. Historically, Las Vegasnds' own Cyclically Adjusted PS Ratio has ranged from 2.01 to 5.60 over the past decade. While the company's 10-year median is 3.61 vs. the industry median of 1.29, Las Vegasnds has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Travel & Leisure company?
The median Cyclically Adjusted PS Ratio among Travel & Leisure companies is 1.29, based on 671 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Las Vegasnds's current Cyclically Adjusted PS Ratio of 3.10 is 140.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Las Vegasnds and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PS Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Las Vegasnds's current Cyclically Adjusted PS Ratio is 3.10, which is 14% below median its own 10-year median of 3.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Las Vegasnds stock overvalued right now?
Based on GuruFocus' analysis, Las Vegasnds (BUE:LVS) is currently considered Significantly Undervalued. The stock's GF Value™ is ARS53,293.75, compared to a current price of ARS37,380.00 — trading 29.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.10, which is 14% below median its 10-year median of 3.61 and 140.3% above the Travel & Leisure industry median of 1.29. Las Vegasnds' overall GF Score™ is 68/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Las Vegasnds (BUE:LVS), the current Cyclically Adjusted PS Ratio is 3.10 as of Aug. 04, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Las Vegasnds (BUE:LVS) Overvalued in 2026?

Based on GuruFocus' analysis, Las Vegasnds stock appears to be undervalued. The current stock price of ARS37,380.00 is trading 29.9% below its estimated GF Value™ of ARS53,293.75. GuruFocus considers Las Vegasnds to be Significantly Undervalued.

Key valuation signals for BUE:LVS:

  • Cyclically Adjusted PS Ratio: 3.10 (14% below median its 10-year median of 3.61)
  • GF Value™: ARS53,293.75 vs. price of ARS37,380.00 (29.9% below fair value)
  • GF Score™: 68/100 with 2 warning signs
  • Industry Position: 140.3% above the Travel & Leisure median (#507 of 671)

No single metric tells the full story. See the BUE:LVS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Las Vegasnds Business Description

Address 5420 S. Durango Drive, Las Vegas, NV, USA, 89113
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. We expect Sands to open a fourth tower in Singapore in 2031. Its Venetian and Palazzo Las Vegas assets in the US were sold to Apollo and Vici in 2022. After the sale of its Vegas assets, Sands generates all its EBITDA from Asia, with its casino operations generating the majority of sales.
68GF Score

Get the complete analysis for BUE:LVS

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

ARS37,380.00
Price
ARS53,293.75
GF Value