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Las Vegasnds (BSP:L1VS34) Cyclically Adjusted PS Ratio : 3.24 (As of Apr. 29, 2024)


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What is Las Vegasnds Cyclically Adjusted PS Ratio?

As of today (2024-04-29), Las Vegasnds's current share price is R$47.35. Las Vegasnds's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$14.63. Las Vegasnds's Cyclically Adjusted PS Ratio for today is 3.24.

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

BSP:L1VS34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.01   Med: 3.96   Max: 8.79
Current: 3.07

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.

BSP:L1VS34's Cyclically Adjusted PS Ratio is ranked worse than
74.29% of 634 companies
in the Travel & Leisure industry
Industry Median: 1.435 vs BSP:L1VS34: 3.07

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 R$3.919. 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 R$14.63 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
=47.35/14.63
=3.24

* 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)
=3.919/129.4194*129.4194
=3.919

Current CPI (Mar. 2024) = 129.4194.

Las Vegasnds Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.003 100.560 2.578
201409 2.053 100.428 2.646
201412 2.253 99.070 2.943
201503 2.369 99.621 3.078
201506 2.277 100.684 2.927
201509 2.833 100.392 3.652
201512 2.786 99.792 3.613
201603 2.528 100.470 3.256
201606 2.281 101.688 2.903
201609 2.430 101.861 3.087
201612 2.477 101.863 3.147
201703 2.413 102.862 3.036
201706 2.587 103.349 3.240
201709 2.500 104.136 3.107
201712 2.822 104.011 3.511
201803 2.971 105.290 3.652
201806 3.153 106.317 3.838
201809 3.521 106.507 4.278
201812 3.460 105.998 4.225
201903 3.614 107.251 4.361
201906 3.330 108.070 3.988
201909 3.482 108.329 4.160
201912 2.028 108.420 2.421
202003 1.812 108.902 2.153
202006 0.084 108.767 0.100
202009 0.630 109.815 0.742
202012 1.367 109.897 1.610
202103 1.764 111.754 2.043
202106 1.544 114.631 1.743
202109 1.184 115.734 1.324
202112 1.492 117.630 1.642
202203 1.228 121.301 1.310
202206 1.381 125.017 1.430
202209 1.380 125.227 1.426
202212 1.534 125.222 1.585
202303 2.883 127.348 2.930
202306 3.217 128.729 3.234
202309 3.604 129.860 3.592
202312 3.759 129.419 3.759
202403 3.919 129.419 3.919

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  (BSP:L1VS34) 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 (BSP:L1VS34) Business Description

Traded in Other Exchanges
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.

Las Vegasnds (BSP:L1VS34) Headlines

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