Live Nation Entertainment (LTS:0JVD) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LTS:0JVD Live Nation Entertainment Inc LTS:0JVD
81 GF Score
Price $167.39
GF Value $149.96
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Live Nation Entertainment Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Live Nation Entertainment  (LTS:0JVD) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Live Nation Entertainment Cyclically Adjusted PS Ratio Related Terms


Live Nation Entertainment Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Live Nation Entertainment's Cyclically Adjusted PS 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 PS Ratio Chart

Live Nation Entertainment Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.86 1.45 1.72 2.11 2.08

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 PS 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 2.36 2.51 2.12 2.15 2.53

LTS:0JVD vs FOXA, FWONA, ROKU: Cyclically Adjusted PS Ratio Comparison

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

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

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


LTS:0JVD
81GF Score
Live Nation Entertainment Inc LTS:0JVD
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Live Nation Entertainment Cyclically Adjusted PS Ratio Calculation

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

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=31.417/333.9520*333.9520
=31.417

Current CPI (Jun. 2026) = 333.9520.

Live Nation Entertainment Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 14.564 241.428 20.145
201612 8.827 241.432 12.210
201703 6.937 243.801 9.502
201706 12.547 244.955 17.106
201709 15.418 246.819 20.861
201712 11.152 246.524 15.107
201803 7.171 249.554 9.596
201806 13.334 251.989 17.671
201809 17.691 252.439 23.403
201812 12.382 251.233 16.459
201903 8.271 254.202 10.866
201906 14.352 256.143 18.712
201909 17.235 256.759 22.417
201912 13.520 256.974 17.570
202003 6.471 258.115 8.372
202006 0.350 257.797 0.453
202009 0.866 260.280 1.111
202012 1.089 260.474 1.396
202103 1.355 264.877 1.708
202106 2.670 271.696 3.282
202109 12.443 274.310 15.148
202112 12.031 278.802 14.411
202203 8.125 287.504 9.438
202206 18.200 296.311 20.512
202209 25.252 296.808 28.412
202212 18.553 296.797 20.876
202303 13.707 301.836 15.165
202306 23.109 305.109 25.294
202309 33.398 307.789 36.237
202312 24.940 306.746 27.152
202403 16.558 312.332 17.704
202406 24.585 314.175 26.133
202409 31.188 315.301 33.033
202412 23.870 315.605 25.258
202503 14.627 319.799 15.274
202506 29.890 322.561 30.946
202509 36.205 324.800 37.225
202512 26.818 324.054 27.637
202603 16.321 330.213 16.506
202606 31.417 333.952 31.417

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.

Is Live Nation Entertainment (LTS:0JVD) Overvalued in 2026?

Based on GuruFocus' analysis, Live Nation Entertainment stock appears to be overvalued. The current stock price of $167.39 is trading 11.6% above its estimated GF Value™ of $149.96. GuruFocus considers Live Nation Entertainment to be Modestly Overvalued.

Key valuation signals for LTS:0JVD:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $149.96 vs. price of $167.39 (11.6% above fair value)
  • GF Score™: 81/100 with 9 warning signs

No single metric tells the full story. See the LTS:0JVD 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.
81GF Score

Get the complete analysis for LTS:0JVD

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

$167.39
Price
$149.96
GF Value