SPHR
Sphere Entertainment
PE ratio, current and historical analysis
- Stocks
- Communication Services
- NYSE: SPHR
- PE Ratio
As of Jul 13, 2026, the Sphere Entertainment stock's PE ratio is 46.17. This takes into account the latest EPS of $3.14 and stock price of $144.98.
SPHR PE ratio history
The PE ratio of Sphere Entertainment has averaged 26.11 over the last seven years. The current price-to-earnings ratio of 46.17 is 77% more than the historical average. Analyzing the last seven years, SPHR's PE ratio reached its highest point in the Dec 2025 quarter at 102.24, when the price was $95.08 and the EPS was $0.93. The lowest point was recorded in the Jun 2023 quarter, when it reached 1.89 with a price of $27.39 and an EPS of $14.51.
Sphere Entertainment PE ratio by year
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 102.24 | N/A | $95.08 | $0.93 |
| 2024 | N/A | N/A | $35.06 | -$5.68 |
| 2023 | 1.89 | N/A | $27.39 | $14.51 |
| 2022 | N/A | N/A | $52.62 | -$5.77 |
| 2021 | N/A | N/A | $83.97 | -$4.6 |
| 2020 | 14.4 | N/A | $75 | $5.21 |
| 2019 | N/A | N/A | N/A | -$0.35 |
| 2018 | N/A | N/A | N/A | $0.29 |
| 2017 | N/A | N/A | N/A | N/A |
Sphere Entertainment PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 37.39 | -63.43% | $117.4 | $3.14 |
| Dec 2025 | 102.24 | N/A | $95.08 | $0.93 |
| Sep 2025 | N/A | N/A | $62.12 | -$4.39 |
| Jun 2025 | N/A | N/A | $41.8 | -$4.54 |
| Mar 2025 | N/A | N/A | $32.72 | -$10.02 |
| Dec 2024 | N/A | N/A | $40.32 | -$9.08 |
| Sep 2024 | N/A | N/A | $44.18 | -$10.49 |
| Jun 2024 | N/A | N/A | $35.06 | -$5.68 |
| Mar 2024 | 4.4 | 40.58% | $49.08 | $11.15 |
| Dec 2023 | 3.13 | 49.05% | $33.96 | $10.84 |
| Sep 2023 | 2.1 | 11.11% | $37.16 | $17.7 |
| Jun 2023 | 1.89 | N/A | $27.39 | $14.51 |
| Mar 2023 | N/A | N/A | $59.07 | -$4 |
| Dec 2022 | N/A | N/A | $44.97 | -$2.87 |
| Sep 2022 | N/A | N/A | $44.09 | -$4.75 |
SPHR Price vs fair value
SPHR average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
The current PE ratio of SPHR is above its 3 and 5-year averages.
PE comparison
With a price to earnings (P/E) of 46.17, SPHR stands higher than the Communication Services sector and the industry average. Looking at the Communication Services sector average of 25.64, Sphere Entertainment's price to earnings (P/E) is 80% higher.
SPHR PE vs peers
SPHR's PE ratio is below its peer stock ROKU.
| Stock name | PE ratio | Market cap |
|---|---|---|
| SPHR Sphere Entertainment Co | 46.17 | $5.19B |
| ROKU Roku Inc | 103.9 | $21.01B |
Frequently asked questions
What is Sphere Entertainment's PE ratio?
The price to earnings ratio for SPHR stock as of Jul 13, 2026, stands at 46.17.
What is the 3-year average PE ratio for Sphere Entertainment (SPHR)?
The 3-year average PE ratio for SPHR stock is 29.85.
What is the 5-year average PE ratio for Sphere Entertainment (SPHR)?
The 5-year average PE ratio for SPHR stock is 25.19.
What is the highest PE ratio for SPHR?
The highest quarterly PE ratio in the last seven years has been 102.24 and it was in the Dec 2025 quarter.
How does the current PE ratio for SPHR compare to its historical average?
SPHR's price to earnings ratio is currently 77% above its 7-year historical average.
How is SPHR's PE ratio calculated (Sphere Entertainment PE ratio formula)?
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Jul 13, 2026), Sphere Entertainment's share price is $144.98. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $3.14. Therefore, Sphere Entertainment's price to earnings ratio for today is 46.17. PE RATIO(46.17) = STOCK PRICE($144.98) / TTM EPS($3.14)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.