As of Jul 25, 2024, the LYV stock has a PE ratio of 83.08. The calculation is based on the latest EPS of $1.11 and the stock price of $92.22 per share. An increase of 11% has been observed in the PE ratio compared to its average of 74.7 of the past four quarters.
The mean historical PE ratio of Live Nation Entertainment over the last ten years is 773.1. The current 83.08 price-to-earnings ratio is 89% less than the historical average. Analyzing the last ten years, LYV's PE ratio reached its highest point in the Jun 2019 quarter at 3,312.5, with a price of $66.25 and an EPS of $0.02. The Sep 2023 quarter saw the lowest point at 54.99, with a price of $83.04 and an EPS of $1.51.
Maximum annual decrease: -35.81% in 2023
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 67.83 | -35.81% |
| 2022 | 105.67 | N/A |
| 2021 | N/A | N/A |
| 2020 | N/A | N/A |
| 2019 | N/A | N/A |
| 2018 | N/A | N/A |
| 2017 | N/A | N/A |
| 2016 | N/A | N/A |
| 2015 | N/A | N/A |
| 2014 | N/A | N/A |
Currently, LYV's PE ratio is under its 3, 5 and 10-year averages.
When compared to its peer stocks EBAY and SIRI, LYV's PE ratio is higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| EBAY Ebay Inc | 10.78 | $27.43B |
| SIRI Sirius Xm Holdings Inc | 10.94 | $14.31B |
| LYV Live Nation Entertainment Inc | 84.36 | $21.67B |
| SSP EW SCRIPPS Co | N/A | $330.46M |
| SBGI Sinclair Broadcast Group Inc | N/A | $1.02B |
LYV's price to earnings ratio is 83.08 as of Jul 25, 2024.
Over the last 3 years, the average PE ratio for LYV stock is 84.0.
Over the last 5 years, the average PE ratio for LYV stock is 349.92.
Over the last ten years, the quarterly PE ratio reached its highest level at 3,312.5 in the Jun 2019 quarter.
LYV's current price to earnings ratio is 89% below its 10-year historical average.
LYV's PE ratio is high because the stock price is relatively expensive compared to the earnings generated by the company.
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (Jul 25, 2024), Live Nation Entertainment's share price is $92.22. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.11. Therefore, Live Nation Entertainment's price to earnings ratio for today is 83.08. PE RATIO(83.08) = STOCK PRICE($92.22) / TTM EPS($1.11)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.