* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
Live Nation Entertainment Forward PE Ratio Chart
Live Nation Entertainment Annual Data
Trend
2015-12
2016-12
2017-12
2018-12
2019-12
2020-03
2021-12
2022-12
2023-12
2024-04
Forward PE Ratio
90.91
188.68
322.58
151.52
120.48
88.50
138.89
63.29
47.62
56.18
Live Nation Entertainment Quarterly Data
2015-12
2016-03
2016-06
2016-09
2016-12
2017-03
2017-06
2017-12
2018-03
2018-06
2018-09
2018-12
2019-03
2019-06
2019-09
2019-12
2020-03
2021-09
2021-12
2022-03
2022-06
2022-09
2022-12
2023-03
2023-06
2023-09
2023-12
2024-03
Forward PE Ratio
90.91
51.28
125.00
227.27
188.68
277.78
312.50
322.58
175.44
344.83
250.00
151.52
95.24
208.33
103.09
120.48
88.50
256.41
138.89
1,666.67
256.41
74.07
63.29
71.43
120.48
49.51
47.62
66.23
Competitive Comparison of Live Nation Entertainment's Forward PE Ratio
For the Entertainment subindustry, Live Nation Entertainment's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Live Nation Entertainment's Forward PE Ratio Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Live Nation Entertainment's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Live Nation Entertainment's Forward PE Ratio falls into.
Live Nation Entertainment Forward PE Ratio Calculation
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Live Nation Entertainment (NYSE:LYV) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Live Nation Entertainment Forward PE Ratio Related Terms
Thank you for viewing the detailed overview of Live Nation Entertainment's Forward PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Live Nation Entertainment (Live Nation Entertainment) Business Description
Live Nation is the largest live entertainment firm in the world with over 670 million fans served in 48 countries in 2022 by the company's concert and ticketing platforms. Via either owning, operating, or holding exclusive booking rights, Live Nation controls over 338 venues including the House of Blues. Live Nation also owns one of the largest ticketing services, Ticketmaster, which sold over 550 million tickets for over 12,000 clients in 2022. Its artist management agencies have over 400 clients. This large live entertainment footprint helped Live Nation become one of the largest advertising and sponsorship platforms aimed at music fans. Liberty Media owns 31% of Live Nation, held under its Sirius XM tracking stock. Liberty plans to spin off its stake into a dedicated tracking stock.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
LYV has been successfully added to your