As of Jul 25, 2024, the Sphere Entertainment stock's PE ratio is 3.84. This takes into account the latest EPS of $11.15 and stock price of $42.81. The PE ratio has increased by 33% from its last 4 quarters average of 2.9.
The PE ratio of Sphere Entertainment has averaged 15.18 over the last five years. The current price-to-earnings ratio of 3.84 is 75% less than the historical average. Analyzing the last five years, SPHR's PE ratio reached its highest point in the Dec 2020 quarter at 71.95, when the price was $105.04 and the EPS was $1.46. 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.
Year | PE ratio | Change |
---|---|---|
2023 | 1.89 | N/A |
2022 | N/A | N/A |
2021 | N/A | N/A |
2020 | 14.4 | N/A |
2019 | N/A | N/A |
2018 | N/A | N/A |
2017 | N/A | N/A |
Stock name | PE ratio | Market cap |
---|---|---|
SPHR Sphere Entertainment Co | 3.86 | $1.52B |
ROKU Roku Inc | N/A | $8.51B |
The price to earnings ratio for SPHR stock as of Jul 25, 2024, stands at 3.84.
The highest quarterly PE ratio in the last five years has been 71.95 and it was in the Dec 2020 quarter.
SPHR's price to earnings ratio is currently 75% below its 5-year historical average.
SPHR's PE ratio is low because its earnings per share (EPS) is high relative to its stock price.
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Jul 25, 2024), Sphere Entertainment's share price is $42.81. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $11.15. Therefore, Sphere Entertainment's price to earnings ratio for today is 3.84. PE RATIO(3.84) = STOCK PRICE($42.81) / TTM EPS($11.15)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.