Las Vegas Sands Corp. (LVS) Stock Valuation — PE Analysis
Gambling, Resorts & Casinos · NYSE
Current Price
$50.67
PE Ratio (TTM)
18.4x
Intrinsic Value
$71.04
+28.7% margin of safety
COMPETITIVE MOAT
↑Macau Market Dominance
LVS holds a significant share in Macau, benefiting from strong gaming revenues and a growing tourism sector. This established presence creates a substantial barrier to entry for competitors.
↑Integrated Resort Experience
Their luxury integrated resorts offer a comprehensive entertainment and hospitality experience beyond just gaming. This attracts a broad customer base and fosters loyalty.
↑Brand Recognition and Loyalty
The Las Vegas Sands brand is synonymous with high-end gaming and entertainment. This strong brand equity translates into customer preference and repeat business.
INVESTMENT RISKS
↓Regulatory Scrutiny and Policy Changes
The gaming industry is heavily regulated. Changes in government policies or increased scrutiny in Macau could negatively impact LVS's operations and profitability.
↓Competition from Online Betting
The rise of online betting platforms and prediction markets poses a threat to traditional brick-and-mortar casinos. LVS must adapt to evolving consumer preferences.
↓Economic Sensitivity and Travel Disruptions
LVS's performance is tied to discretionary spending and international travel. Economic downturns or global events can significantly reduce customer traffic and revenue.
Base case
LVS base case PE valuation
A base case PE valuation for LVS estimates a fair value of about $71.04 per share, against a current price of $50.67. The model assumes 12.8% annual earnings growth, a 18x target PE multiple, and a 10% discount rate.
Intrinsic Value
$71.04
Margin of safety
+28.7%
Expected annual return
+7.0%
Base case assumptions: 12.8% annual earnings growth, 18x target PE, 10% discount rate, 5 year projection. Data as of 2026-06-12.
This base case uses default assumptions and is not financial advice. The fair value changes significantly when the target PE or earnings growth rate changes. Open the calculator to set your own assumptions and see the full sensitivity range.
Customize the LVS PE valuation
Adjust the target PE, earnings growth, and discount rate to see how the fair value and margin of safety for Las Vegas Sands Corp. respond.
Open PE Calculator for LVSCompany Overview
Las Vegas Sands Corporation, in conjunction with its various subsidiaries, specializes in the development, ownership, and ongoing management of comprehensive integrated resort properties across both Asian and United States markets. The company maintains a significant portfolio of establishments in Macao, People's Republic of China, including The Venetian Macao Resort Hotel, the Londoner Macao, The Parisian Macao, The Plaza Macao (which encompasses the Four Seasons Hotel Macao, Cotai Strip), and the Sands Macao. Furthermore, its Asian operations extend to Singapore, where it presides over the iconic Marina Bay Sands. Domestically, Las Vegas Sands also operates key assets within Las Vegas, Nevada: The Venetian Resort Hotel Casino, prominently situated on the renowned Las Vegas Strip, and the Sands Expo and Convention Center. These expansive integrated resorts are meticulously designed to offer a full spectrum of guest experiences, boasting luxurious accommodations, extensive gaming facilities, diverse entertainment venues, high-end retail shopping complexes, state-of-the-art convention and exhibition spaces, gourmet restaurants helmed by celebrity chefs, and numerous other guest conveniences. Established in 1988, Las Vegas Sands Corp. maintains its corporate headquarters in Las Vegas, Nevada.
Financial Metrics — LVS PE Stock Valuation Data
PE Ratio (TTM)
18.4x
PEG Ratio
0.36
Earnings Yield
5.43%
ROE (TTM)
116.0%
Revenue/Share (TTM)
$20.54
Dividend Yield
2.17%
Debt/Equity
13.10x
Frequently Asked Questions
What is the PE ratio of LVS?
The trailing twelve-month PE ratio of LVS reflects how much investors pay per dollar of Las Vegas Sands Corp.'s earnings. This metric is most useful when compared to Gambling, Resorts & Casinos peers and the company's own historical range.
Is LVS overvalued based on PE ratio?
LVS's PE of 18.4x combined with a PEG ratio of 0.36 provides a growth-adjusted perspective. A PEG below 1.0 suggests LVS may be undervalued relative to its earnings growth rate. Keep in mind that PE-based valuation works best for profitable, mature companies — for high-growth or cyclical Gambling, Resorts & Casinos, a DCF analysis may be more appropriate.
How do I value LVS stock using PE ratio?
To value Las Vegas Sands Corp. using PE: (1) Compare the current PE (18.4x) against the Gambling, Resorts & Casinos median to assess relative pricing, (2) check the PEG ratio (0.36) to adjust for growth expectations, (3) review the 5-year PE range to identify where the stock sits historically, and (4) estimate fair value by multiplying a target PE by forward EPS estimates. This relative approach complements DCF's absolute valuation.
What is the PEG ratio of LVS?
LVS's PEG ratio is 0.36, calculated by dividing the PE ratio (18.4x) by the expected earnings growth rate. A PEG below 1.0 is traditionally considered a sign of undervaluation — the market may not be fully pricing in the growth potential. Note that PEG accuracy depends on the reliability of growth estimates.
Should I use PE ratio or DCF for LVS stock valuation?
PE ratio gives a quick relative read — how LVS is priced versus Gambling, Resorts & Casinos peers. DCF provides an absolute value based on projected free cash flows. For LVS, with a strong ROE of 116.0%, both methods are worth using — PE for a market-relative check, DCF to stress-test whether fundamentals justify the price. Each method has blind spots: PE ignores capital structure and cash flow quality, while DCF is sensitive to growth and discount rate assumptions.
Learn More
- See LVS DCF Valuation → — Intrinsic value via Discounted Cash Flow analysis
- PE Methodology — Step-by-step guide to PE ratio stock valuation
- DCF Methodology — Guide to discounted cash flow analysis
- PE Ratio — Understanding the price-to-earnings ratio
- Intrinsic Value — How to evaluate stock fair value
Related PE Valuations
All Consumer Cyclical valuationsP/E and DCF value LVS with different methods and assumptions, so the two conclusions can differ. Compare the DCF intrinsic value.
Price as of 2026-06-12. Financial data from Financial Modeling Prep (trailing twelve months) · Valuation methodology by Charlie Wang.
This is an estimate, not investment advice.