Las Vegasnds (XTER:LCR) Cyclically Adjusted PS Ratio: (As of Aug. 18, 2026)

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Director of Data and Quant Analytics at GuruFocus
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XTER:LCR Las Vegas Sands Corp XTER:LCR
73 GF Score
Price €39.61
GF Value €69.72
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Las Vegasnds Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Las Vegasnds  (XTER:LCR) 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

XTER:LCR 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.


XTER:LCR
73GF Score
Las Vegas Sands Corp XTER:LCR
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)
=4.173/333.9520*333.9520
=4.173

Current CPI (Jun. 2026) = 333.9520.

Las Vegasnds Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 3.328 241.428 4.603
201612 3.501 241.432 4.843
201703 3.607 243.801 4.941
201706 3.494 244.955 4.763
201709 3.349 246.819 4.531
201712 3.618 246.524 4.901
201803 3.674 249.554 4.917
201806 3.579 251.989 4.743
201809 3.672 252.439 4.858
201812 3.916 251.233 5.205
201903 4.163 254.202 5.469
201906 3.822 256.143 4.983
201909 3.837 256.759 4.991
201912 2.223 256.974 2.889
202003 1.679 258.115 2.172
202006 0.072 257.797 0.093
202009 0.496 260.280 0.636
202012 1.092 260.474 1.400
202103 1.315 264.877 1.658
202106 1.274 271.696 1.566
202109 0.953 274.310 1.160
202112 1.168 278.802 1.399
202203 1.121 287.504 1.302
202206 1.294 296.311 1.458
202209 1.329 296.808 1.495
202212 1.380 296.797 1.553
202303 2.585 301.836 2.860
202306 3.059 305.109 3.348
202309 3.419 307.789 3.710
202312 3.517 306.746 3.829
202403 3.620 312.332 3.871
202406 3.461 314.175 3.679
202409 3.306 315.301 3.502
202412 3.831 315.605 4.054
202503 3.713 319.799 3.877
202506 3.955 322.561 4.095
202509 4.143 324.800 4.260
202512 4.596 324.054 4.736
202603 4.621 330.213 4.673
202606 4.173 333.952 4.173

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 (XTER:LCR) Overvalued in 2026?

Based on GuruFocus' analysis, Las Vegasnds stock appears to be undervalued. The current stock price of €39.61 is trading 43.2% below its estimated GF Value™ of €69.72. GuruFocus considers Las Vegasnds to be Significantly Undervalued.

Key valuation signals for XTER:LCR:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €69.72 vs. price of €39.61 (43.2% below fair value)
  • GF Score™: 73/100 with 2 warning signs

No single metric tells the full story. See the XTER:LCR 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.
73GF Score

Get the complete analysis for XTER:LCR

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

€39.61
Price
€69.72
GF Value