GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Churchill Downs Inc (NAS:CHDN) » Definitions » Shiller PE Ratio

CHDN (Churchill Downs) Shiller PE Ratio : 47.64 (As of Oct. 08, 2024)


View and export this data going back to 1993. Start your Free Trial

What is Churchill Downs Shiller PE Ratio?

As of today (2024-10-08), Churchill Downs's current share price is $139.10. Churchill Downs's E10 for the quarter that ended in Jun. 2024 was $2.92. Churchill Downs's Shiller PE Ratio for today is 47.64.

The historical rank and industry rank for Churchill Downs's Shiller PE Ratio or its related term are showing as below:

CHDN' s Shiller PE Ratio Range Over the Past 10 Years
Min: 30.56   Med: 54.35   Max: 117.75
Current: 47.61

During the past years, Churchill Downs's highest Shiller PE Ratio was 117.75. The lowest was 30.56. And the median was 54.35.

CHDN's Shiller PE Ratio is ranked worse than
73.21% of 377 companies
in the Travel & Leisure industry
Industry Median: 25.47 vs CHDN: 47.61

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Churchill Downs's adjusted earnings per share data for the three months ended in Jun. 2024 was $2.790. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.92 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Churchill Downs Shiller PE Ratio Historical Data

The historical data trend for Churchill Downs's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Churchill Downs Shiller PE Ratio Chart

Churchill Downs Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 57.85 90.51 86.07 53.15 53.15

Churchill Downs Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 58.59 47.10 53.15 45.94 47.84

Competitive Comparison of Churchill Downs's Shiller PE Ratio

For the Gambling subindustry, Churchill Downs's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Churchill Downs's Shiller PE Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Churchill Downs's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Churchill Downs's Shiller PE Ratio falls into.



Churchill Downs Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Churchill Downs's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=139.10/2.92
=47.64

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Churchill Downs's E10 for the quarter that ended in Jun. 2024 is calculated as:

For example, Churchill Downs's adjusted earnings per share data for the three months ended in Jun. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=2.79/132.5538*132.5538
=2.790

Current CPI (Jun. 2024) = 132.5538.

Churchill Downs Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201409 0.033 100.428 0.044
201412 -0.135 99.070 -0.181
201503 -0.015 99.621 -0.020
201506 0.517 100.684 0.681
201509 0.040 100.392 0.053
201512 0.072 99.792 0.096
201603 0.027 100.470 0.036
201606 0.685 101.688 0.893
201609 0.087 101.861 0.113
201612 0.267 101.863 0.347
201703 0.073 102.862 0.094
201706 0.802 103.349 1.029
201709 0.180 104.136 0.229
201712 0.410 104.011 0.523
201803 2.090 105.290 2.631
201806 1.260 106.317 1.571
201809 0.690 106.507 0.859
201812 0.140 105.998 0.175
201903 0.145 107.251 0.179
201906 1.315 108.070 1.613
201909 0.180 108.329 0.220
201912 0.050 108.420 0.061
202003 -0.295 108.902 -0.359
202006 -1.500 108.767 -1.828
202009 0.540 109.815 0.652
202012 0.215 109.897 0.259
202103 0.455 111.754 0.540
202106 1.380 114.631 1.596
202109 0.785 115.734 0.899
202112 0.555 117.630 0.625
202203 0.540 121.301 0.590
202206 4.390 125.017 4.655
202209 0.740 125.227 0.783
202212 0.015 125.222 0.016
202303 2.050 127.348 2.134
202306 1.860 128.729 1.915
202309 0.790 129.860 0.806
202312 0.760 129.419 0.778
202403 1.080 131.776 1.086
202406 2.790 132.554 2.790

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Churchill Downs  (NAS:CHDN) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Churchill Downs Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Churchill Downs's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Churchill Downs Business Description

Traded in Other Exchanges
Address
600 North Hurstbourne Parkway, Suite 400, Louisville, KY, USA, 40222
Churchill Downs Inc is a gaming entertainment, online wagering, and racing company. It operates through three business segments: Live and Historical Racing, TwinSpires, and Gaming. The Live and Historical Racing segment includes live and historical pari-mutuel racing. The TwinSpires segment includes the revenue and expenses for online horse racing and the online and retail sports betting and iGaming wagering business. The Gaming segment includes revenue and expenses for the casino properties and associated racetracks that support the casino license. The Gaming segment generates revenue and expenses from slot machines, table games, video lottery terminals, video poker, HRMs, ancillary food and beverage services, hotel services, commission on pari-mutuel wagering, and racing events.
Executives
Paul C Varga director 850 DIXIE HIGHWAY, LOUISVILLE KY 40210
Maureen Adams officer: SVP, Gaming Operations 600 N. HURSTBOURNE PARKWAY, SUITE 400, LOUISVLLE KY 40222
Bradley K. Blackwell officer: SVP, General Counsel 600 N. HURSTBOURNE PARKWAY, SUITE 400, LOUISVILLE KY 40222
Andrea M Carter director 600 N. HURSTBOURNE PARKWAY, SUITE 400, LOUISVILLE KY 40222
Karole Lloyd director 1932 WYNNTON ROAD, COLUMBUS GA 31999
R Alex Rankin director 700 CENTRAL AVENUE, LOUISVILLE KY 40208
Robert L Fealy director 700 CENTRAL AVE, LOUISVILLE KY 40208
Bridgeman Ulysses L Jr director 7 SYLVAN WAY, PARSIPPANY NJ 07054
Marcia A Dall officer: EVP, and Chief Financial Offic 600 N. HURSTBOURNE PARKWAY, SUITE 400, LOUISVILLE KY 40222
Austin W. Miller officer: SVP, Gaming Operations 600 N. HURSTBOURNE PARKWAY, SUITE 400, LOUISVILLE KY 40222
Douglas C Grissom director THREE FIRST NATIONAL PLAZA STE 3800, CHICAGO IL 60602
William E Mudd officer: President and COO 700 CENTRAL AVENUE, LOUISVILLE KY 40208
Daniel P Harrington director 700 CENTRAL AVE, LOUISVILLE KY 40208
Richard L Duchossois director, 10 percent owner
Robert L Evans director, officer: President and CEO TENLANE FARM, 825 STEELE ROAD, VESAILLES KY 40383