MSGS (Madison Square Garden Sports) Cyclically Adjusted PB Ratio: 7.92 (As of Aug. 06, 2026) — 141% Above Median

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MSGS Madison Square Garden Sports Corp MSGS
52 GF Score
Price $391.56
GF Value $224.35
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Madison Square Garden Sports Cyclically Adjusted PB Ratio?

Madison Square Garden Sports MSGS +0.05% 52 Cyclically Adjusted PB Ratio is 7.92 as of Aug. 06, 2026, which is 141% above its 10-year median of 3.29. GuruFocus rates MSGS with a GF Score™ of 52/100 and a GF Value™ of $224.35 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 700 Media - Diversified companies, Madison Square Garden Sports ranks worse than 95.71% on this metric.

As of today (2026-08-06), Madison Square Garden Sports's current share price is $391.56. Madison Square Garden Sports's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $49.41. Madison Square Garden Sports's Cyclically Adjusted PB Ratio for today is 7.92.

The historical rank and industry rank for Madison Square Garden Sports's Cyclically Adjusted PB Ratio or its related term are showing as below:

MSGS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.33   Med: 3.29   Max: 8.03
Current: 7.92

During the past years, Madison Square Garden Sports's highest Cyclically Adjusted PB Ratio was 8.03. The lowest was 2.33. And the median was 3.29.

MSGS's Cyclically Adjusted PB Ratio is ranked worse than
95.71% of 700 companies
in the Media - Diversified industry
Industry Median: 0.97 vs MSGS: 7.92

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.

Madison Square Garden Sports's adjusted book value per share data for the three months ended in Mar. 2026 was $-12.271. 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 $49.41 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Madison Square Garden Sports  (NYSE:MSGS) 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.


Madison Square Garden Sports Cyclically Adjusted PB Ratio Related Terms


Madison Square Garden Sports Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Madison Square Garden Sports'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.

Madison Square Garden Sports Cyclically Adjusted PB Ratio Chart

Madison Square Garden Sports Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 2.82 3.46

Madison Square Garden Sports Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3.15 3.46 4.00 4.93 6.50

MSGS vs PSKY, SIRI, LLYVA: Cyclically Adjusted PB Ratio Comparison

For the Entertainment subindustry, Madison Square Garden Sports'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.


Madison Square Garden Sports Cyclically Adjusted PB Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Madison Square Garden Sports's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Madison Square Garden Sports's Cyclically Adjusted PB Ratio falls into.


MSGS
52GF Score
Madison Square Garden Sports Corp MSGS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Madison Square Garden Sports 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.

Madison Square Garden Sports's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=391.56/49.41
=7.92

* 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.

Madison Square Garden Sports's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Madison Square Garden Sports's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-12.271/330.2130*330.2130
=-12.271

Current CPI (Mar. 2026) = 330.2130.

Madison Square Garden Sports Quarterly Data

Book Value per Share CPI Adj_Book
201606 106.406 241.018 145.784
201609 103.952 241.428 142.180
201612 107.138 241.432 146.536
201703 105.777 243.801 143.268
201706 102.284 244.955 137.885
201709 101.531 246.819 135.836
201712 109.706 246.524 146.949
201803 109.325 249.554 144.660
201806 107.178 251.989 140.449
201809 106.526 252.439 139.346
201812 110.628 251.233 145.406
201903 113.133 254.202 146.962
201906 110.295 256.143 142.189
201909 105.746 256.759 135.998
201912 111.287 256.974 143.004
202003 106.497 258.115 136.244
202006 -8.626 257.797 -11.049
202009 -10.072 260.280 -12.778
202012 -11.115 260.474 -14.091
202103 -10.687 264.877 -13.323
202106 -8.472 271.696 -10.297
202109 -9.679 274.310 -11.652
202112 -8.758 278.802 -10.373
202203 -7.420 287.504 -8.522
202206 -6.071 296.311 -6.766
202209 -7.125 296.808 -7.927
202212 -16.193 296.797 -18.016
202303 -13.969 301.836 -15.282
202306 -14.114 305.109 -15.275
202309 -14.980 307.789 -16.071
202312 -14.167 306.746 -15.251
202403 -12.276 312.332 -12.979
202406 -11.118 314.175 -11.686
202409 -11.566 315.301 -12.113
202412 -11.378 315.605 -11.905
202503 -11.803 319.799 -12.187
202506 -11.718 322.561 -11.996
202509 -12.227 324.800 -12.431
202512 -11.719 324.054 -11.942
202603 -12.271 330.213 -12.271

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 7.92 mean?
Madison Square Garden Sports (MSGS) has a Cyclically Adjusted PB Ratio of 7.92 as of Aug. 06, 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 Madison Square Garden Sports and its competitors. This is 141% above median its historical median of 3.29. Over the past decade, Madison Square Garden Sports' Cyclically Adjusted PB Ratio has ranged from 2.33 to 8.03. According to the industry distribution chart, Madison Square Garden Sports ranks #670 out of 700 companies in the Media - Diversified industry, placing it in the top 95.7%.
Is Madison Square Garden Sports' Cyclically Adjusted PB Ratio too high?
Madison Square Garden Sports' current Cyclically Adjusted PB Ratio of 7.92 is 141% above median its 10-year median of 3.29. Over the past 10 years, this metric has ranged from a low of 2.33 to a high of 8.03. The Media - Diversified industry median Cyclically Adjusted PB Ratio is 0.97. Madison Square Garden Sports' value of 7.92 is 716.5% above this industry median. Based on the distribution chart, Madison Square Garden Sports ranks #670 out of 700 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Madison Square Garden Sports has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Madison Square Garden Sports' Cyclically Adjusted PB Ratio compare to PSKY and SIRI?
According to the Media - Diversified industry distribution chart, Madison Square Garden Sports ranks #670 out of 700 companies for Cyclically Adjusted PB Ratio. This places Madison Square Garden Sports in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.97. Madison Square Garden Sports' value of 7.92 is 716.5% above this benchmark. Historically, Madison Square Garden Sports' own Cyclically Adjusted PB Ratio has ranged from 2.33 to 8.03 over the past decade. While the company's 10-year median is 3.29 vs. the industry median of 0.97, Madison Square Garden Sports 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 0.97, based on 700 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. Madison Square Garden Sports's current Cyclically Adjusted PB Ratio of 7.92 is 716.5% 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 Madison Square Garden Sports and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PB Ratio is 0.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Madison Square Garden Sports's current Cyclically Adjusted PB Ratio is 7.92, which is 141% above median its own 10-year median of 3.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Madison Square Garden Sports stock overvalued right now?
Based on GuruFocus' analysis, Madison Square Garden Sports (MSGS) is currently considered Significantly Overvalued. The stock's GF Value™ is $224.35, compared to a current price of $391.56 — trading 74.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 7.92, which is 141% above median its 10-year median of 3.29 and 716.5% above the Media - Diversified industry median of 0.97. Madison Square Garden Sports' overall GF Score™ is 52/100 with 6 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 Madison Square Garden Sports (MSGS), the current Cyclically Adjusted PB Ratio is 7.92 as of Aug. 06, 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 Madison Square Garden Sports (MSGS) Overvalued in 2026?

Based on GuruFocus' analysis, Madison Square Garden Sports stock appears to be overvalued. The current stock price of $391.56 is trading 74.5% above its estimated GF Value™ of $224.35. GuruFocus considers Madison Square Garden Sports to be Significantly Overvalued.

Key valuation signals for MSGS:

  • Cyclically Adjusted PB Ratio: 7.92 (141% above median its 10-year median of 3.29)
  • GF Value™: $224.35 vs. price of $391.56 (74.5% above fair value)
  • GF Score™: 52/100 with 6 warning signs
  • Industry Position: 716.5% above the Media - Diversified median (#670 of 700)

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


Madison Square Garden Sports Business Description

Other Exchanges MS8:Germany
Address Two Penn Plaza, New York, NY, USA, 10121
Madison Square Garden Sports Corp owns and operates a portfolio of assets featuring some of the recognized sports teams, including the Knicks of the NBA and the Rangers of the NHL. It generates revenue from several sources: ticket sales and a portion of suite rental fees at The Garden and others. It has one operating and reportable segment and one reporting unit for goodwill impairment testing purposes.
52GF Score

Get the complete analysis for MSGS

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

$391.56
Price
$224.35
GF Value