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.
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.
Churchill DownsFRA:CHR -3.42%84 Shiller PE Ratio is 19.64 as of Sep. 10, 2026, which is 63% below its 10-year median of 52.89. GuruFocus rates FRA:CHR with a GF Score™ of 84/100 and a GF Value™ of €119.57. The stock has 4 warning signs investors should review. Among 397 Travel & Leisure companies, Churchill Downs ranks better than 53.65% on this metric.
As of today (2026-09-10), Churchill Downs's current share price is €70.50. Churchill Downs's E10 for the quarter that ended in Jun. 2026 was €3.59. Churchill Downs's Shiller PE Ratio for today is 19.64.
The historical rank and industry rank for Churchill Downs's Shiller PE Ratio or its related term are showing as below:
FRA:CHR'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 20.33 Med: 52.89 Max: 117.75
Current: 20.39
During the past years, Churchill Downs's highest Shiller PE Ratio was 117.75. The lowest was 20.33. And the median was 52.89.
FRA:CHR's Shiller PE Ratio is ranked better than 53.65% of 397
companies
in the Travel & Leisure industry
Industry Median: 22.95
vs FRA:CHR: 20.39
E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.
Churchill Downs's adjusted earnings per share data for the three months ended in Jun. 2026 was €2.969. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €3.59 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Churchill Downs (FRA:CHR) Shiller PE Ratio Explanation
Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.
Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.
Be Aware
Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.
Churchill Downs Shiller PE Ratio Related Terms
Churchill Downs Shiller PE Ratio Historical Data
* Premium members only.
The historical data trend for Churchill Downs's Shiller PE 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.
FRA:CHR vs LNWO, SGHC, RSI: Shiller PE Ratio Comparison
For the Gambling subindustry, Churchill Downs's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.
Churchill Downs Shiller PE Ratio vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Churchill Downs's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Churchill Downs's Shiller PE Ratio falls into.
For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.
Churchill Downs's Shiller PE Ratio for today is calculated as
* 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.
Churchill Downs's E10 for the quarter that ended in Jun. 2026 is calculated as:
For example, Churchill Downs's adjusted earnings per share data for the three months ended in Jun. 2026 was:
Add all the adjusted EPS together and divide 10 will get our E10.
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.
Churchill Downs (FRA:CHR) has a Shiller PE Ratio of 19.64 as of Sep. 10, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Churchill Downs and its competitors. This is 63% below median its historical median of 52.89. Over the past decade, Churchill Downs' Shiller PE Ratio has ranged from 20.33 to 117.75. According to the industry distribution chart, Churchill Downs ranks #184 out of 397 companies in the Travel & Leisure industry, placing it in the top 46.3%.
Is Churchill Downs' Shiller PE Ratio too high?
Churchill Downs' current Shiller PE Ratio of 19.64 is 63% below median its 10-year median of 52.89. Over the past 10 years, this metric has ranged from a low of 20.33 to a high of 117.75. The Travel & Leisure industry median Shiller PE Ratio is 22.95. Churchill Downs' value of 19.64 is 14.4% below this industry median. Based on the distribution chart, Churchill Downs ranks #184 out of 397 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Churchill Downs has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Churchill Downs' Shiller PE Ratio compare to LNWO and SGHC?
According to the Travel & Leisure industry distribution chart, Churchill Downs ranks #184 out of 397 companies for Shiller PE Ratio. This puts Churchill Downs in the upper half of its industry. The industry median Shiller PE Ratio is 22.95. Churchill Downs' value of 19.64 is 14.4% below this benchmark. Historically, Churchill Downs' own Shiller PE Ratio has ranged from 20.33 to 117.75 over the past decade. While the company's 10-year median is 52.89 vs. the industry median of 22.95, Churchill Downs has consistently been below 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 Shiller PE Ratio for a Travel & Leisure company?
The median Shiller PE Ratio among Travel & Leisure companies is 22.95, based on 397 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Churchill Downs's current Shiller PE Ratio of 19.64 is 14.4% below 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Churchill Downs and its competitors. For the Travel & Leisure industry, the median Shiller PE Ratio is 22.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Churchill Downs's current Shiller PE Ratio is 19.64, which is 63% below median its own 10-year median of 52.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Churchill Downs stock overvalued right now?
Churchill Downs (FRA:CHR) has a current Shiller PE Ratio of 19.64. The stock's GF Value™ is €119.57, compared to a current price of €70.50 — trading 41% below its estimated fair value. The current Shiller PE Ratio is 19.64, which is 63% below median its 10-year median of 52.89 and 14.4% below the Travel & Leisure industry median of 22.95. Churchill Downs' overall GF Score™ is 84/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Churchill Downs (FRA:CHR), the current Shiller PE Ratio is 19.64 as of Sep. 10, 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 Churchill Downs (FRA:CHR) Overvalued in 2026?
Based on GuruFocus' analysis, Churchill Downs stock appears to be undervalued.
The current stock price of €70.50 is trading 41% below its estimated GF Value™ of €119.57.
Key valuation signals for FRA:CHR:
Shiller PE Ratio: 19.64 (63% below median its 10-year median of 52.89)
GF Value™: €119.57 vs. price of €70.50 (41% below fair value)
Industry Position: 14.4% below the Travel & Leisure median (#184 of 397)
No single metric tells the full story. See the FRA:CHR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Churchill Downs Inc is a gaming entertainment, online wagering, and racing company. It operates through three business segments: Live and Historical Racing, Wagering Services, and Gaming. The Live and Historical Racing segment includes live and historical pari-mutuel racing. The Wagering Services segment includes the revenue and expenses from pari-mutuel wagers through TwinSpires, companies retail and online sports betting business and Gaming segment includes revenue and expenses for the casino properties and associated racetracks that support the casino license. The Gaming segment generates revenue and expenses from slot machines, video lottery terminals, video poker, HRMs, ancillary food and beverage services, hotel services, commission on pari-mutuel wagering, and racing events.
84GF Score
Get the complete analysis for FRA:CHR
Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:CHR has been successfully added to your 
