MSGE Madison Square Garden Entertainment PE ratio, current and historical analysis
As of Nov 22, 2024, the Madison Square Garden Entertainment stock's price-to-earnings ratio is 9.89. This results from the current EPS of $3.67 and stock price of $36.28. The PE ratio has decreased by 48% from the past four quarters average of 19.0.
MSGE PE ratio history
The PE ratio of Madison Square Garden Entertainment has averaged 23.08 over the last two years. The current P/E ratio of 9.89 is 57% lower than the historical average. In the past two years, MSGE's PE ratio peaked in the Sep 2023 quarter at 39.65, when the stock price was $32.91 and the EPS was $0.83. The lowest point was in the Jun 2024 quarter, when it reached 11.45 with a price of $34.23 and an EPS of $2.99.
Madison Square Garden Entertainment PE ratio by year
Maximum annual decrease: -49.6% in 2024
| Year | PE ratio | Change |
|---|---|---|
| 2024 | 11.45 | -49.6% |
| 2023 | 22.72 | N/A |
| 2022 | N/A | N/A |
| 2021 | N/A | N/A |
| 2020 | N/A | N/A |
MSGE average PE ratio chart
MSGE PE vs peers
MSGE's PE ratio stands lower than its peer stocks RCL and CCL. Madison Square Garden Entertainment's current PE ratio of 9.89 is lower than the average of its peers, which is 24.03.
| Stock name | PE ratio | Market cap |
|---|---|---|
| MSGE Madison Square Garden Entertainment Corp. | 9.89 | $1.76B |
| CCL Carnival Corp | 20.24 | $33.41B |
| NCLH Norwegian Cruise Line Holdings Ltd | 21.49 | $11.81B |
| RCL Royal Caribbean Group | 24.08 | $64.93B |
| MTN Vail Resorts Inc | 30.3 | $6.91B |
| FUN Cedar Fair L P | N/A | $4.56B |
Frequently asked questions
What is Madison Square Garden Entertainment's PE ratio?
As of Nov 22, 2024, MSGE stock has a price to earnings ratio of 9.89.
What is the highest PE ratio for MSGE?
In the last two years, the Sep 2023 quarter recorded the highest quarterly PE ratio at 39.65.
How does the current PE ratio for MSGE compare to its historical average?
MSGE's price to earnings ratio is currently 57% below its 2-year historical average.
Why is Madison Square Garden Entertainment's PE ratio so low?
MSGE's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.
How is MSGE's PE ratio calculated (Madison Square Garden Entertainment PE ratio formula)?
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Nov 22, 2024), Madison Square Garden Entertainment's stock price is $36.28. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $3.67. Therefore, Madison Square Garden Entertainment's PE ratio for today is 9.89. PE RATIO(9.89) = STOCK PRICE($36.28) / TTM EPS($3.67)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.