P/E ratio for Las Vegas Sands (LVS)
P/E ratio as of April 2024 (TTM): 52.1
According to Las Vegas Sands's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 52.0909. At the end of 2022 the company had a P/E ratio of 20.0.
P/E ratio history for Las Vegas Sands from 2004 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 20.0 | -167.05% |
| 2021 | -29.9 | 10.27% |
| 2020 | -27.1 | -237.34% |
| 2019 | 19.7 | 15.97% |
| 2018 | 17.0 | -13.35% |
| 2017 | 19.6 | -22.82% |
| 2016 | 25.4 | 43.29% |
| 2015 | 17.7 | 7.42% |
| 2014 | 16.5 | -41.34% |
| 2013 | 28.2 | 16.55% |
| 2012 | 24.2 | -2.15% |
| 2011 | 24.7 | -67.21% |
| 2010 | 75.3 | -513.45% |
| 2009 | -18.2 | 44.4% |
| 2008 | -12.6 | -104.04% |
| 2007 | 312 | 332.74% |
| 2006 | 72.2 | 46.26% |
| 2005 | 49.3 | 56.24% |
| 2004 | 31.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 MGM Resorts
MGM | 40.7 | -21.91% | 🇺🇸 USA |
 Wynn Resorts
WYNN | > 1000 | 3,005.48% | 🇺🇸 USA |
 Penn National Gaming
PENN | -22.0 | -142.28% | 🇺🇸 USA |
 Monarch Casino & Resort MCRI | 15.3 | -70.66% | 🇺🇸 USA |
 Century Casinos CNTY | -22.3 | -142.78% | 🇺🇸 USA |
 Boyd Gaming
BYD | 9.35 | -82.05% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.