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Live Nation Entertainment (STU:3LN) Cyclically Adjusted PB Ratio : 43.19 (As of Jun. 02, 2025)


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What is Live Nation Entertainment Cyclically Adjusted PB Ratio?

As of today (2025-06-02), Live Nation Entertainment's current share price is €119.20. Live Nation Entertainment's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €2.76. Live Nation Entertainment's Cyclically Adjusted PB Ratio for today is 43.19.

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

STU:3LN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.19   Med: 9.34   Max: 46.73
Current: 43.45

During the past years, Live Nation Entertainment's highest Cyclically Adjusted PB Ratio was 46.73. The lowest was 2.19. And the median was 9.34.

STU:3LN's Cyclically Adjusted PB Ratio is ranked worse than
99.26% of 679 companies
in the Media - Diversified industry
Industry Median: 1.1 vs STU:3LN: 43.45

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 Mar. 2025 was €0.423. 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 €2.76 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Live Nation Entertainment Cyclically Adjusted PB Ratio Historical Data

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.

* Premium members only.

Live Nation Entertainment Cyclically Adjusted PB Ratio Chart

Live Nation Entertainment Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.30 21.16 14.22 22.88 39.21

Live Nation Entertainment Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 26.96 25.32 31.30 39.21 41.35

Competitive Comparison of Live Nation Entertainment's Cyclically Adjusted PB Ratio

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's Cyclically Adjusted PB Ratio Distribution in the 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.


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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
=119.20/2.76
=43.19

* 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 Mar. 2025 is calculated as:

For example, Live Nation Entertainment's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.423/134.9266*134.9266
=0.423

Current CPI (Mar. 2025) = 134.9266.

Live Nation Entertainment Quarterly Data

Book Value per Share CPI Adj_Book
201506 5.510 100.684 7.384
201509 5.863 100.392 7.880
201512 5.608 99.792 7.582
201603 5.241 100.470 7.038
201606 5.209 101.688 6.912
201609 5.609 101.861 7.430
201612 5.231 101.863 6.929
201703 5.081 102.862 6.665
201706 5.296 103.349 6.914
201709 5.595 104.136 7.249
201712 4.797 104.011 6.223
201803 4.417 105.290 5.660
201806 4.762 106.317 6.043
201809 5.388 106.507 6.826
201812 4.597 105.998 5.852
201903 4.408 107.251 5.545
201906 4.927 108.070 6.151
201909 5.547 108.329 6.909
201912 4.825 108.420 6.005
202003 3.671 108.902 4.548
202006 1.429 108.767 1.773
202009 -0.396 109.815 -0.487
202012 -1.779 109.897 -2.184
202103 -2.846 111.754 -3.436
202106 -3.501 114.631 -4.121
202109 -1.535 115.734 -1.790
202112 -2.295 117.630 -2.632
202203 -2.103 121.301 -2.339
202206 -1.723 125.017 -1.860
202209 -0.332 125.227 -0.358
202212 -1.500 125.222 -1.616
202303 -1.881 127.348 -1.993
202306 -0.755 128.729 -0.791
202309 0.906 129.860 0.941
202312 -0.206 129.419 -0.215
202403 -0.460 131.776 -0.471
202406 -0.175 132.554 -0.178
202409 1.125 133.029 1.141
202412 0.706 133.157 0.715
202503 0.423 134.927 0.423

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.


Live Nation Entertainment  (STU:3LN) 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

Thank you for viewing the detailed overview of Live Nation Entertainment's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Live Nation Entertainment Business Description

Traded in Other Exchanges
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 45 countries, Live Nation promotes concerts globally and it owns, operates, or had exclusive booking rights to nearly 400 venues worldwide at the end of 2024, which the firm says makes it the second-largest operator of music venues globally. In 2024, Live Nation promoted nearly 55,000 events, drawing more than 150 million fans. Ticketmaster is a dominant global ticketing service, selling almost 640 million tickets in 2024.

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