As of Nov 21, 2024, the LYV stock has a PE ratio of 139.97. The calculation is based on the latest EPS of $0.99 and the stock price of $138.57 per share. An increase of 67% has been observed in the PE ratio compared to its average of 83.7 of the past four quarters.
The mean historical PE ratio of Live Nation Entertainment over the last eight years is 664.85. The current 139.97 price-to-earnings ratio is 79% less than the historical average. Analyzing the last eight 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 49.72, with a price of $83.04 and an EPS of $1.67.
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 above its 3 and 5-year averages, but it is under its 10-year average.
When compared to its peer stock EBAY, LYV's PE ratio is higher.
Stock name | PE ratio | Market cap |
---|---|---|
EBAY Ebay Inc | 15.35 | $29.42B |
LYV Live Nation Entertainment Inc | 139.97 | $32.2B |
SSP EW SCRIPPS Co | N/A | $170.13M |
SBGI Sinclair Broadcast Group Inc | N/A | $1.14B |
LYV's price to earnings ratio is 139.97 as of Nov 21, 2024.
Over the last 3 years, the average PE ratio for LYV stock is 83.84.
Over the last 5 years, the average PE ratio for LYV stock is 83.84.
Over the last eight 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 79% below its 8-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 (Nov 21, 2024), Live Nation Entertainment's share price is $138.57. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $0.99. Therefore, Live Nation Entertainment's price to earnings ratio for today is 139.97. PE RATIO(139.97) = STOCK PRICE($138.57) / TTM EPS($0.99)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.