P/E Ratio Insights for Las Vegas Sands
Portfolio Pulse from Benzinga Insights
Las Vegas Sands Inc.'s (NYSE:LVS) shares are currently trading at $45.67, after a 1.05% decrease. Despite a 16.74% decrease over the past month, the stock has increased by 21.74% over the past year. The company's P/E ratio is 659.43, significantly higher than the aggregate P/E ratio of 30.11 in the Hotels, Restaurants & Leisure industry, indicating that investors expect the company to perform better in the future.
September 28, 2023 | 7:30 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Las Vegas Sands Inc.'s P/E ratio is significantly higher than the industry average, indicating high investor expectations for future performance.
The company's high P/E ratio indicates that investors have high expectations for its future performance. However, the stock's recent decrease suggests some uncertainty in the short term. The P/E ratio, while a useful metric, should not be used in isolation, and other factors such as industry trends and business cycles can also impact a company's stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100