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Las Vegasnds (Las Vegasnds) Cyclically Adjusted PS Ratio : 3.07 (As of Apr. 27, 2024)


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What is Las Vegasnds Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Las Vegasnds's current share price is $45.45. Las Vegasnds's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $14.82. Las Vegasnds's Cyclically Adjusted PS Ratio for today is 3.07.

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

LVS' 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.

LVS's Cyclically Adjusted PS Ratio is ranked worse than
74.44% of 626 companies
in the Travel & Leisure industry
Industry Median: 1.44 vs LVS: 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 $3.935. 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 $14.82 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
=45.45/14.82
=3.07

* 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)
=3.935/129.4194*129.4194
=3.935

Current CPI (Mar. 2024) = 129.4194.

Las Vegasnds Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.479 100.560 5.764
201409 4.390 100.428 5.657
201412 4.264 99.070 5.570
201503 3.770 99.621 4.898
201506 3.658 100.684 4.702
201509 3.629 100.392 4.678
201512 3.589 99.792 4.655
201603 3.418 100.470 4.403
201606 3.332 101.688 4.241
201609 3.735 101.861 4.746
201612 3.693 101.863 4.692
201703 3.858 102.862 4.854
201706 3.926 103.349 4.916
201709 3.991 104.136 4.960
201712 4.282 104.011 5.328
201803 4.530 105.290 5.568
201806 4.181 106.317 5.090
201809 4.285 106.507 5.207
201812 4.455 105.998 5.439
201903 4.705 107.251 5.678
201906 4.319 108.070 5.172
201909 4.226 108.329 5.049
201912 2.470 108.420 2.948
202003 1.855 108.902 2.204
202006 0.081 108.767 0.096
202009 0.584 109.815 0.688
202012 1.329 109.897 1.565
202103 1.565 111.754 1.812
202106 1.535 114.631 1.733
202109 1.122 115.734 1.255
202112 1.319 117.630 1.451
202203 1.234 121.301 1.317
202206 1.368 125.017 1.416
202209 1.315 125.227 1.359
202212 1.462 125.222 1.511
202303 2.768 127.348 2.813
202306 3.314 128.729 3.332
202309 3.649 129.860 3.637
202312 3.836 129.419 3.836
202403 3.935 129.419 3.935

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  (NYSE: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

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 (Las Vegasnds) Business Description

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.
Executives
Miriam Adelson 10 percent owner 5500 HAVEN STREET, LAS VEGAS NV 89119
Charles D Forman director 3355 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Yibing Mao director C/O LAS VEGAS SANDS CORP., 3355 LAS VEGAS BLVD SOUTH, LAS VEGAS NV 89109
Nora M. Jordan director 3355 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
D. Zachary Hudson officer: EVP and Global General Counsel 3355 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Xuan Yan director 3355 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Lawrence A Jacobs officer: EVP & Global General Counsel THE NEWS CORPORATION LIMITED, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Robert G Goldstein officer: Senior Vice President 3355 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
George Jamieson director C/O LAS VEGAS SANDS CORP, 3355 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Lewis Kramer director C/O L-3 COMMUNICATIONS CORPORATION, 600 THIRD AVENUE, NEW YORK NY 10016
Randy Hyzak officer: SVP, Chief Accounting Officer C/O FREESCALE SEMICONDUCTOR, INC., 6501 WILLIAM CANNON DRIVE WEST, AUSTIN TX 78735
Patrick Dumont officer: Principal Financial Officer 3355 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Stephanie Marz officer: Principal Accounting Officer 3355 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
George Tanasijevich officer: Pres & CEO, Marina Bay Sands LAS VEGAS SANDS CORP., 3355 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Ira H Raphaelson officer: EVP & Global General Counsel LAS VEGAS SANDS CORP., 3355 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109