As of Apr 26, 2024, the Sphere Entertainment stock's PE ratio is 3.67. This takes into account the latest EPS of $10.84 and stock price of $39.77.
The PE ratio of Sphere Entertainment has averaged 16.72 over the last four years. The current price-to-earnings ratio of 3.67 is 78% less than the historical average. Analyzing the last four 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 | 3.67 | $1.4B |
| ROKU Roku Inc | N/A | $8.12B |
The price to earnings ratio for SPHR stock as of Apr 26, 2024, stands at 3.67.
The highest quarterly PE ratio in the last four years has been 71.95 and it was in the Dec 2020 quarter.
SPHR's price to earnings ratio is currently 78% below its 4-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 (Apr 26, 2024), Sphere Entertainment's share price is $39.77. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $10.84. Therefore, Sphere Entertainment's price to earnings ratio for today is 3.67. PE RATIO(3.67) = STOCK PRICE($39.77) / TTM EPS($10.84)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.