Las Vegas Sands Corp.

LVS Consumer Cyclical Resorts & Casinos

Las Vegas Sands Corp.’s revenue for fiscal 2025 (year ended December 2025) was $13.0 billion, up 15.2% from fiscal 2024. In the quarter to June 2026, revenue was flat, EPS fell 19.7%, free cash flow grew 426.9% and total debt fell 3.53%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for three consecutive years, revenue growth for three.

38.01 0.31 −0.81%
Market cap
$24.8B
P/E
14.7×
Fwd P/E
15.8×
Dividend yield
3.03%
F-score
8/9
Altman Z
2.68
Beneish M
−2.06
Dividend safety
59/100

Las Vegas Sands Corp. (LVS) P/B ratio

Alert me on P/B ratio

As of 16 October 2026, Las Vegas Sands Corp. (LVS) trades at a P/B ratio of 27.7×. Over the past ten years it has ranged from 3.5× (January 2016) to 36.4× (July 2026); the current reading is higher than 98% of that period. That is above the Resorts & Casinos industry median of 2.1× and above the Consumer Cyclical sector median of 1.6×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 23.3× 94.67%
FY2024 11.9× 25.18%
FY2023 9.5× (7.43%)
FY2022 10.3× (19.41%)
FY2021 12.8× (0.61%)
FY2020 12.9× 57.33%
FY2019 8.2× 34.87%
FY2018 6.1× (15.47%)
FY2017 7.2× 26.87%
FY2016 5.7× 36.27%

Quarterly newest first

Period P/B ratio Change
Jun 2026 33.7× 50.23%
Mar 2026 22.4× (3.61%)
Dec 2025 23.3× 18.36%
Sep 2025 19.6× 48.28%
42 more quarters

Against its own ten years

Low 3.5× High 36.4×
Ten-year median 7.8×
Current reading's percentile 98

P/B ratio against peers

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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