Las Vegasnds (BUE:LVS) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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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
61 GF Score
Price ARS31,940.00
GF Value ARS54,399.47
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Las Vegasnds Cyclically Adjusted PS Ratio?

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 22.81 38.36 58.70 27.21 21.54

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 16.29 20.99 21.28 14.40 11.56

BUE:LVS vs MGM, WYNN, CZR: 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
61GF 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 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)
=3387.004/333.9520*333.9520
=3,387.004

Current CPI (Jun. 2026) = 333.9520.

Las Vegasnds Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 27.902 241.428 38.595
201612 29.890 241.432 41.344
201703 30.218 243.801 41.392
201706 30.871 244.955 42.087
201709 34.438 246.819 46.595
201712 37.586 246.524 50.916
201803 44.623 249.554 59.714
201806 48.958 251.989 64.882
201809 68.107 252.439 90.099
201812 82.692 251.233 109.919
201903 91.753 254.202 120.538
201906 94.899 256.143 123.727
201909 106.540 256.759 138.571
201912 135.548 256.974 176.152
202003 57.074 258.115 73.843
202006 2.742 257.797 3.552
202009 21.374 260.280 27.424
202012 53.160 260.474 68.156
202103 69.411 264.877 87.512
202106 72.173 271.696 88.711
202109 54.525 274.310 66.380
202112 66.314 278.802 79.432
202203 65.833 287.504 76.469
202206 80.631 296.311 90.874
202209 89.218 296.808 100.383
202212 118.480 296.797 133.312
202303 266.906 301.836 295.305
202306 384.588 305.109 420.944
202309 569.001 307.789 617.368
202312 837.656 306.746 911.950
202403 1,640.858 312.332 1,754.440
202406 1,648.916 314.175 1,752.714
202409 1,726.094 315.301 1,828.198
202412 2,001.489 315.605 2,117.841
202503 2,118.466 319.799 2,212.221
202506 2,620.116 322.561 2,712.643
202509 3,230.151 324.800 3,321.168
202512 3,867.174 324.054 3,985.294
202603 3,788.049 330.213 3,830.941
202606 3,387.004 333.952 3,387.004

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.

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

Based on GuruFocus' analysis, Las Vegasnds stock appears to be undervalued. The current stock price of ARS31,940.00 is trading 41.3% below its estimated GF Value™ of ARS54,399.47. GuruFocus considers Las Vegasnds to be Significantly Undervalued.

Key valuation signals for BUE:LVS:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: ARS54,399.47 vs. price of ARS31,940.00 (41.3% below fair value)
  • GF Score™: 61/100 with 1 warning sign

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.
61GF 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.

ARS31,940.00
Price
ARS54,399.47
GF Value