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SPHR Sphere Entertainment PE ratio, current and historical analysis

As of Jun 14, 2024, the Sphere Entertainment stock's PE ratio is 3.09. This takes into account the latest EPS of $11.15 and stock price of $34.4. The PE ratio has increased by 7% from its last 4 quarters average of 2.9.

SPHR PE ratio history

How has SPHR's PE ratio performed in the past

The PE ratio of Sphere Entertainment has averaged 15.18 over the last four years. The current price-to-earnings ratio of 3.09 is 80% 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.

Average
15.18
Median
7.48
Minimum
1.89
Maximum
71.95

Sphere Entertainment PE ratio by year

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

SPHR average PE ratio chart

What is the average PE ratio of SPHR for the past years
3-year avg
N/A
5-year avg
N/A
10-year avg
N/A
15-year avg
N/A

SPHR PE vs peers

What is SPHR's PE ratio compared to its peers
Stock name PE ratio Market cap
SPHR Sphere Entertainment Co 3.09 $1.22B
ROKU Roku Inc N/A $7.86B

Frequently asked questions

What is Sphere Entertainment's PE ratio?

The price to earnings ratio for SPHR stock as of Jun 14, 2024, stands at 3.09.

What is the highest PE ratio for SPHR?

The highest quarterly PE ratio in the last four years has been 71.95 and it was in the Dec 2020 quarter.

How does the current PE ratio for SPHR compare to its historical average?

SPHR's price to earnings ratio is currently 80% below its 4-year historical average.

Why is Sphere Entertainment's PE ratio so low?

SPHR's PE ratio is low because its earnings per share (EPS) is high relative to its stock price.

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 (Jun 14, 2024), Sphere Entertainment's share price is $34.4. 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 3.09. PE RATIO(3.09) = STOCK PRICE($34.4) / TTM EPS($11.15)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.