Churchill Downs (CHDN) Price to Book (2010 - 2026)
Churchill Downs' Price to Book came in at 4.66 for Q2 2026, down 31.5% from 6.80 a year earlier and down 18.4% from the prior quarter.
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Analysis
Churchill Downs (CHDN) Price to Book (2010 - 2026) Analysis & Trends
For FY2025, Churchill Downs' Price to Book was 7.84, down 13.4% from FY2024.
- Price to Book has declined in each of the last four years.
- Going back by year, Price to Book was 9.05 in FY2024 (-19.5%), 11.25 in FY2023 (-21.5%), 14.34 in FY2022 (-52.1%) and 29.92 in FY2021 (+42.7%).
- The Q2 2026 figure represents the lowest quarterly Price to Book since Q1 2017.
- Year-over-year, Price to Book has declined for 12 consecutive quarters, with an average decline of 23.3% over the last eight quarters.
- The fastest year-over-year change in Price to Book over five years came in Q3 2021 (growth of 56.1%), and the weakest in Q3 2022 (a decline of 58.5%).
- Business Quant data shows CHDN's Price to Book at 5.71 (Q1 2026), 7.84 (Q4 2025) and 6.54 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.50 Bn | 10.92 Bn | 1.48 Bn |
| 2 | DraftKings | 16.89 Bn | 12.55 Bn | 551.45 Mn |
| 3 | Flutter Entertainment | 12.94 Bn | 6.68 Bn | 1.71 Bn |
| 4 | Madison Square Garden Sports | 9.77 Bn | 9.37 Bn | 119.21 Mn |
| 5 | Life Time Group Holdings | 8.91 Bn | 8.14 Bn | 412.26 Mn |
| 6 | Wynn Resorts | 8.21 Bn | 1.77 Bn | 758.95 Mn |
| 7 | MGM Resorts International | 7.81 Bn | -371.12 Mn | 1.98 Bn |
| 8 | Caesars Entertainment | 6.04 Bn | 2.66 Bn | 1.50 Bn |
| 9 | Super Group (SGHC) | 5.74 Bn | 3.73 Bn | - |
| 10 | Churchill Downs | 5.27 Bn | 4.55 Bn | 419.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.66 |
| Mar 31, 2026 | 5.71 |
| Dec 31, 2025 | 7.84 |
| Sep 30, 2025 | 6.54 |
| Jun 30, 2025 | 6.80 |
| Mar 31, 2025 | 7.48 |
| Dec 31, 2024 | 9.05 |
| Sep 30, 2024 | 9.06 |
| Jun 30, 2024 | 9.94 |
| Mar 31, 2024 | 11.00 |
| Dec 31, 2023 | 11.25 |
| Sep 30, 2023 | 9.74 |
| Jun 30, 2023 | 12.20 |
| Mar 31, 2023 | 13.66 |
| Dec 31, 2022 | 14.34 |
| Sep 30, 2022 | 11.24 |
| Jun 30, 2022 | 11.98 |
| Mar 31, 2022 | 26.54 |
| Dec 31, 2021 | 29.92 |
| Sep 30, 2021 | 27.10 |
API Access
Churchill Downs Price to Book API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-book&ticker=CHDN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "CHDN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-book&ticker=CHDN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();