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Churchill Downs price to book ratio CHDN

Market value divided by the book value of the company's net assets, since 2011.

Today, Oct 23, 2026
4.4×
10-year median
9.3×
Against its 10-year history
8th
percentile: 0 is its lowest day, 100 its highest
10-year range
3.2× to 41.1×
Peer median
8.3×

Churchill Downs' price to book ratio is 4.4× as of Oct 23, 2026.

That is below its ten-year median of 9.3×, lower than on 92% of days in the last ten years.

Over that time it ranged from 3.2× in Nov 2016 to 41.1× in Apr 2021.

The median for 10 entertainment stocks of a similar size is 8.3×.

Price to book ratio over time

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

YearEnd of yearLowHigh
2026 so far4.4×4.0×7.5×
20257.7×6.0×8.9×
20248.9×8.9×12.6×
202311.3×6.9×17.5×
202212.9×11.4×30.3×
202127.2×19.9×41.1×
202020.6×5.7×22.0×
20199.9×6.4×10.6×
20186.3×5.0×12.2×
20175.7×3.4×5.7×
20163.6×2.9×4.0×
20153.2×2.3×3.5×
20142.3×2.2×2.5×
20132.2×1.8×2.3×
20121.7×1.5×1.8×
20111.5×1.2×1.5×

Against its peers

Companies in Entertainment nearest Churchill Downs' size, closest first, today.

CompanyPrice to book ratio
CHDNChurchill Downs4.4×
MTNVail Resorts21.7×
NXSTNexstar Media2.3×
CNKCinemarkn/m
RSIRush Street Interactive19.9×
MSGEMadison Square Garden Entertainment80.4×
ADEAAdeia4.9×
WMGWarner Music18.9×
FWONKLiberty Media2.9×
PRSUPursuit Attractions & Hospitality2.8×
ROKURoku8.3×
Peer median8.3×

What the price to book ratio tells you

Market value divided by the accounting value of the company's net assets. Below 1 means the market values the business at less than what it owns on paper.

Book value misses brands, software and people, so asset-light companies always look expensive on it. Most useful for banks and industrials.

More on Churchill Downs

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.