Las Vegas Sands Corp. (LVS) P/E Ratio History
UndervaluedTrading at 20.7x vs 5Y avg 68.6x · 30th percentile · Below historical baseline · Data 2005–2026
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P/E Ratio Analysis
As of June 21, 2026, Las Vegas Sands Corp. (LVS) trades at a price-to-earnings ratio of 20.7x, with a stock price of $48.72 and trailing twelve-month earnings per share of $2.75.
The current P/E is 70% below its 5-year average of 68.6x. Over the past five years, LVS's P/E has ranged from a low of 12.4x to a high of 828.6x, placing the current valuation at the 30th percentile of its historical range.
Compared to the Consumer Cyclical sector median P/E of 21.2x, LVS is roughly in line with its sector peers. The sector includes 307 companies with P/E ratios ranging from 0.1x to 184.9x.
Relative to the broader market, LVS trades roughly in line with the S&P 500 median P/E of 24.4x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our LVS DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
LVS Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
LVS P/E vs Peers
Integrated Destination Casino Resorts peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $11B | 33.6 | - | -28% | |
| $12B | 61.6 | - | -68% | |
| $2B | 12.3 | - | +350%Best | |
| $6B | 3.8Lowest | - | +264% | |
| $4B | 19.7 | - | +23% | |
| $6B | 16.6 | 0.17Best | -6% | |
| $8B | 26.6 | - | +110% |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
LVS Historical P/E Data (2005–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q1 | - | $53.88 | $2.70 | 20.0x | -78% |
| FY2025 Q4 | Dec 31 2025 | $65.09 | $2.34 | 27.8x | -69% |
| FY2025 Q3 | - | $53.79 | $2.21 | 24.4x | -73% |
| FY2025 Q2 | Jun 30 2025 | $43.51 | $1.98 | 22.0x | -76% |
| FY2025 Q1 | Mar 31 2025 | $38.63 | $1.80 | 21.5x | -76% |
| FY2024 Q4 | - | $51.36 | $1.97 | 26.1x | -71% |
| FY2024 Q3 | Sep 30 2024 | $50.34 | $2.02 | 24.9x | -72% |
| FY2024 Q2 | Jun 30 2024 | $44.25 | $2.14 | 20.7x | -77% |
| FY2024 Q1 | Mar 31 2024 | $51.70 | $2.07 | 25.0x | -72% |
| FY2023 Q4 | Dec 31 2023 | $49.21 | $1.60 | 30.8x | -66% |
| FY2023 Q3 | Sep 30 2023 | $45.84 | $0.88 | 52.1x | -42% |
| FY2023 Q2 | Jun 30 2023 | $58.00 | $0.07 | 828.6x | +817% |
| FY2020 Q2 | - | $45.54 | $0.44 | 104.6x | +16% |
| FY2020 Q1 | - | $42.47 | $2.75 | 15.5x | -83% |
| FY2019 Q4 | - | $69.04 | $3.50 | 19.7x | -78% |
| FY2019 Q3 | Sep 30 2019 | $57.76 | $2.46 | 23.5x | -74% |
| FY2019 Q2 | Jun 30 2019 | $59.09 | $2.50 | 23.6x | -74% |
| FY2019 Q1 | Mar 31 2019 | $60.96 | $1.96 | 31.1x | -66% |
| FY2018 Q4 | Dec 31 2018 | $52.05 | $3.05 | 17.1x | -81% |
| FY2018 Q3 | Sep 30 2018 | $59.33 | $4.80 | 12.4x | -86% |
| FY2018 Q2 | Jun 30 2018 | $76.36 | $4.79 | 15.9x | -82% |
| FY2018 Q1 | Mar 31 2018 | $71.90 | $4.78 | 15.0x | -83% |
| FY2017 Q4 | Dec 31 2017 | $69.49 | $3.55 | 19.6x | -78% |
| FY2017 Q3 | Sep 30 2017 | $64.16 | $2.66 | 24.1x | -73% |
| FY2017 Q2 | Jun 30 2017 | $63.89 | $2.59 | 24.7x | -73% |
| FY2017 Q1 | Mar 31 2017 | $57.07 | $2.31 | 24.7x | -73% |
| FY2016 Q4 | Dec 31 2016 | $53.41 | $2.10 | 25.4x | -72% |
| FY2016 Q3 | Sep 30 2016 | $57.54 | $2.05 | 28.1x | -69% |
| FY2016 Q2 | - | $43.49 | $2.05 | 21.2x | -77% |
| FY2016 Q1 | - | $51.68 | $2.23 | 23.2x | -74% |
| FY2015 Q4 | - | $43.84 | $2.47 | 17.7x | -80% |
| FY2015 Q3 | Sep 30 2015 | $37.97 | $2.78 | 13.7x | -85% |
| FY2015 Q2 | - | $52.57 | $2.96 | 17.8x | -80% |
| FY2015 Q1 | - | $55.04 | $3.20 | 17.2x | -81% |
| FY2014 Q4 | Dec 31 2014 | $58.16 | $3.51 | 16.6x | -82% |
| FY2014 Q3 | - | $62.21 | $3.31 | 18.8x | -79% |
| FY2014 Q2 | Jun 30 2014 | $76.22 | $3.24 | 23.5x | -74% |
| FY2014 Q1 | Mar 31 2014 | $80.78 | $3.05 | 26.5x | -71% |
| FY2013 Q4 | - | $78.87 | $2.79 | 28.3x | -69% |
| FY2013 Q3 | Sep 30 2013 | $66.42 | $2.62 | 25.4x | -72% |
| FY2013 Q2 | Jun 30 2013 | $52.93 | $2.28 | 23.2x | -74% |
| FY2013 Q1 | Mar 31 2013 | $56.35 | $1.93 | 29.2x | -68% |
| FY2012 Q4 | Dec 31 2012 | $46.16 | $1.85 | 25.0x | -72% |
| FY2012 Q3 | Sep 30 2012 | $46.37 | $1.92 | 24.2x | -73% |
| FY2012 Q2 | Jun 30 2012 | $43.49 | $1.94 | 22.4x | -75% |
| FY2012 Q1 | Mar 31 2012 | $57.57 | $2.10 | 27.4x | -70% |
| FY2011 Q4 | Dec 31 2011 | $42.73 | $1.77 | 24.1x | -73% |
| FY2011 Q3 | Sep 30 2011 | $38.34 | $1.66 | 23.1x | -74% |
| FY2011 Q2 | - | $42.21 | $1.43 | 29.5x | -67% |
| FY2011 Q1 | - | $42.22 | $0.97 | 43.5x | -52% |
| FY2010 Q4 | Dec 31 2010 | $45.95 | $0.65 | 70.7x | -22% |
| FY2010 Q3 | - | $34.85 | $0.06 | 580.8x | +543% |
| FY2008 Q1 | Mar 31 2008 | $73.64 | $0.04 | 1917.7x | +2022% |
| FY2007 Q4 | Dec 31 2007 | $103.05 | $0.33 | 312.3x | +246% |
| FY2007 Q3 | Sep 30 2007 | $133.42 | $0.54 | 247.1x | +173% |
| FY2007 Q2 | Jun 30 2007 | $76.39 | $0.95 | 80.4x | -11% |
| FY2007 Q1 | Mar 31 2007 | $86.61 | $1.16 | 74.7x | -17% |
| FY2006 Q4 | Dec 31 2006 | $89.48 | $1.24 | 72.2x | -20% |
| FY2006 Q3 | Sep 30 2006 | $68.35 | $1.23 | 55.6x | -39% |
| FY2006 Q2 | Jun 30 2006 | $77.86 | $1.19 | 65.4x | -28% |
| FY2006 Q1 | Mar 31 2006 | $56.66 | $1.12 | 50.6x | -44% |
| FY2005 Q4 | Dec 31 2005 | $39.47 | $0.80 | 49.3x | -45% |
| FY2005 Q3 | Sep 30 2005 | $32.91 | $0.70 | 47.0x | -48% |
Average P/E for displayed period: 90.4x
Full Stock Analysis
Deep dive into LVS consensus models and risk factors.
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
21+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
LVS — Frequently Asked Questions
Quick answers to the most common questions about buying LVS stock.
What is LVS's P/E ratio?
Las Vegas Sands Corp. (LVS) trailing twelve-month P/E ratio is 20.7x, based on TTM diluted EPS of $2.75. The 5-year average P/E is 68.6x and the historical range spans 12.4x to 828.6x.
Is LVS stock overvalued or undervalued?
LVS trades at 20.7x P/E, below its 5-year average of 68.6x. At the 30th percentile of its historical range (12.4x–828.6x), the stock is priced at a discount to its own history.
Is LVS stock expensive?
No, LVS is not expensive on a historical basis. The current P/E of 20.7x is below the 5-year average of 68.6x and sits at the 30th percentile of its valuation range.
What is LVS's historical P/E range?
Over the past 5 years, LVS's P/E ratio has ranged from 12.4x to 828.6x, with a median of 24.4x and an average of 68.6x. The current P/E of 20.7x places the stock at the 30th percentile of this range. Full historical data spans 2005–2026.
How does LVS's P/E compare to the S&P 500?
LVS trades at 20.7x P/E versus the S&P 500 median of 24.4x. The 15% discount to the market suggests lower growth expectations or perceived higher risk.
How does LVS's valuation compare to Consumer Cyclical peers?
Las Vegas Sands Corp. P/E of 20.7x compares to the Consumer Cyclical sector median of 21.2x. The discount suggests lower growth expectations, weaker margins, or higher perceived risk relative to peers. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.
What is LVS's PEG ratio?
LVS PEG ratio is N/A, based on a P/E of 20.7x and EPS growth of 19.9%. PEG normalises P/E by growth and helps compare stocks with different earnings trajectories.
What is LVS's earnings yield?
LVS earnings yield is 4.82%, the inverse of its 20.7x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.