Live Nation Entertainment (MEX:LYV) Cyclically Adjusted PB Ratio: 77.91 (As of Aug. 23, 2026) — 466% Above Median

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
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MEX:LYV Live Nation Entertainment Inc MEX:LYV
83 GF Score
Price MXN2,395.00
GF Value MXN1,969.66
! 10 Warning Signs
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What is Live Nation Entertainment Cyclically Adjusted PB Ratio?

Live Nation Entertainment MEX:LYV 83 Cyclically Adjusted PB Ratio is 77.91 as of Aug. 23, 2026, which is 466% above its 10-year median of 13.77. GuruFocus rates MEX:LYV with a GF Score™ of 83/100 and a GF Value™ of MXN1,969.66. The stock has 10 warning signs investors should review. Among 675 Media - Diversified companies, Live Nation Entertainment ranks worse than 99.7% on this metric.

As of today (2026-08-23), Live Nation Entertainment's current share price is MXN2395.00. Live Nation Entertainment's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN30.74. Live Nation Entertainment's Cyclically Adjusted PB Ratio for today is 77.91.

The historical rank and industry rank for Live Nation Entertainment's Cyclically Adjusted PB Ratio or its related term are showing as below:

MEX:LYV' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.94   Med: 13.77   Max: 80.2
Current: 77.42

During the past years, Live Nation Entertainment's highest Cyclically Adjusted PB Ratio was 80.20. The lowest was 2.94. And the median was 13.77.

MEX:LYV's Cyclically Adjusted PB Ratio is ranked worse than
99.7% of 675 companies
in the Media - Diversified industry
Industry Median: 0.99 vs MEX:LYV: 77.42

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Live Nation Entertainment's adjusted book value per share data for the three months ended in Jun. 2026 was MXN6.152. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is MXN30.74 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Live Nation Entertainment  (MEX:LYV) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Live Nation Entertainment Cyclically Adjusted PB Ratio Related Terms


Live Nation Entertainment Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Live Nation Entertainment's Cyclically Adjusted PB Ratio can be seen below:

* 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.

Live Nation Entertainment Cyclically Adjusted PB Ratio Chart

Live Nation Entertainment Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.16 14.22 22.88 39.21 53.17

Live Nation Entertainment Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 50.18 56.99 53.17 60.67 77.97

MEX:LYV vs FWONA, FOXA, ROKU: Cyclically Adjusted PB Ratio Comparison

For the Entertainment subindustry, Live Nation Entertainment's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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 Cyclically Adjusted PB Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Live Nation Entertainment's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Live Nation Entertainment's Cyclically Adjusted PB Ratio falls into.


MEX:LYV
83GF Score
Live Nation Entertainment Inc MEX:LYV
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Live Nation Entertainment Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Live Nation Entertainment's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2395.00/30.74
=77.91

* 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.

Live Nation Entertainment's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Live Nation Entertainment's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=6.152/333.9520*333.9520
=6.152

Current CPI (Jun. 2026) = 333.9520.

Live Nation Entertainment Quarterly Data

Book Value per Share CPI Adj_Book
201609 121.729 241.428 168.380
201612 113.761 241.432 157.356
201703 102.329 243.801 140.167
201706 107.563 244.955 146.643
201709 121.014 246.819 163.735
201712 111.489 246.524 151.028
201803 98.952 249.554 132.417
201806 109.315 251.989 144.871
201809 117.597 252.439 155.569
201812 102.693 251.233 136.505
201903 96.616 254.202 126.927
201906 106.937 256.143 139.421
201909 120.604 256.759 156.863
201912 101.119 256.974 131.410
202003 95.122 258.115 123.070
202006 37.136 257.797 48.106
202009 -10.292 260.280 -13.205
202012 -43.045 260.474 -55.188
202103 -69.258 264.877 -87.319
202106 -83.967 271.696 -103.207
202109 -37.125 274.310 -45.197
202112 -53.199 278.802 -63.722
202203 -46.124 287.504 -53.576
202206 -36.646 296.311 -41.301
202209 -6.615 296.808 -7.443
202212 -30.987 296.797 -34.866
202303 -36.296 301.836 -40.158
202306 -14.023 305.109 -15.349
202309 16.849 307.789 18.281
202312 -3.806 306.746 -4.144
202403 -8.292 312.332 -8.866
202406 -3.442 314.175 -3.659
202409 24.590 315.301 26.045
202412 15.418 315.605 16.314
202503 9.357 319.799 9.771
202506 29.230 322.561 30.262
202509 41.185 324.800 42.345
202512 20.727 324.054 21.360
202603 -10.803 330.213 -10.925
202606 6.152 333.952 6.152

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PB Ratio of 77.91 mean?
Live Nation Entertainment (MEX:LYV) has a Cyclically Adjusted PB Ratio of 77.91 as of Aug. 23, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Live Nation Entertainment and its competitors. This is 466% above median its historical median of 13.77. Over the past decade, Live Nation Entertainment's Cyclically Adjusted PB Ratio has ranged from 2.94 to 80.20. According to the industry distribution chart, Live Nation Entertainment ranks #673 out of 675 companies in the Media - Diversified industry, placing it in the top 99.7%.
Is Live Nation Entertainment's Cyclically Adjusted PB Ratio too high?
Live Nation Entertainment's current Cyclically Adjusted PB Ratio of 77.91 is 466% above median its 10-year median of 13.77. Over the past 10 years, this metric has ranged from a low of 2.94 to a high of 80.20. The Media - Diversified industry median Cyclically Adjusted PB Ratio is 0.99. Live Nation Entertainment's value of 77.91 is 7769.7% above this industry median. Based on the distribution chart, Live Nation Entertainment ranks #673 out of 675 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Live Nation Entertainment has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Live Nation Entertainment's Cyclically Adjusted PB Ratio compare to FWONA and FOXA?
According to the Media - Diversified industry distribution chart, Live Nation Entertainment ranks #673 out of 675 companies for Cyclically Adjusted PB Ratio. This places Live Nation Entertainment in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.99. Live Nation Entertainment's value of 77.91 is 7769.7% above this benchmark. Historically, Live Nation Entertainment's own Cyclically Adjusted PB Ratio has ranged from 2.94 to 80.20 over the past decade. While the company's 10-year median is 13.77 vs. the industry median of 0.99, Live Nation Entertainment has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Media - Diversified company?
The median Cyclically Adjusted PB Ratio among Media - Diversified companies is 0.99, based on 675 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Live Nation Entertainment's current Cyclically Adjusted PB Ratio of 77.91 is 7769.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Live Nation Entertainment and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PB Ratio is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Live Nation Entertainment's current Cyclically Adjusted PB Ratio is 77.91, which is 466% above median its own 10-year median of 13.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Live Nation Entertainment stock overvalued right now?
Live Nation Entertainment (MEX:LYV) has a current Cyclically Adjusted PB Ratio of 77.91. The stock's GF Value™ is MXN1,969.66, compared to a current price of MXN2,395.00 — trading 21.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 77.91, which is 466% above median its 10-year median of 13.77 and 7769.7% above the Media - Diversified industry median of 0.99. Live Nation Entertainment's overall GF Score™ is 83/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Live Nation Entertainment (MEX:LYV), the current Cyclically Adjusted PB Ratio is 77.91 as of Aug. 23, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Live Nation Entertainment (MEX:LYV) Overvalued in 2026?

Based on GuruFocus' analysis, Live Nation Entertainment stock appears to be overvalued. The current stock price of MXN2,395.00 is trading 21.6% above its estimated GF Value™ of MXN1,969.66.

Key valuation signals for MEX:LYV:

  • Cyclically Adjusted PB Ratio: 77.91 (466% above median its 10-year median of 13.77)
  • GF Value™: MXN1,969.66 vs. price of MXN2,395.00 (21.6% above fair value)
  • GF Score™: 83/100 with 10 warning signs
  • Industry Position: 7769.7% above the Media - Diversified median (#673 of 675)

No single metric tells the full story. See the MEX:LYV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Live Nation Entertainment Business Description

Address 9348 Civic Center Drive, Beverly Hills, CA, USA, 90210
Live Nation is the largest live entertainment company in the world, serving as a concert promoter, venue operator, and ticketing platform. In addition, the firm generates revenue from sponsorships and advertising. With offices in 51 countries, Live Nation promotes concerts globally and it owned, operated, or had exclusive booking rights to more than 400 venues worldwide at the end of 2025, which the firm says makes it the second-largest operator of music venues globally. In 2025, Live Nation promoted nearly 55,000 events, drawing roughly 160 million fans. Ticketmaster is a dominant global ticketing service, selling nearly 650 million tickets in 2025.
83GF Score

Get the complete analysis for MEX:LYV

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN2,395.00
Price
MXN1,969.66
GF Value