Live Nation Entertainment (LTS:0JVD) Cyclically Adjusted PS Ratio: 2.51 (As of Aug. 04, 2026) — 47% Above Median

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
83 GF Score
Price $180.04
GF Value $147.60
Valuation Modestly Overvalued
! 10 Warning Signs
View Full Analysis

What is Live Nation Entertainment Cyclically Adjusted PS Ratio?

Live Nation Entertainment LTS:0JVD +2.92% 83 Cyclically Adjusted PS Ratio is 2.51 as of Aug. 04, 2026, which is 47% above its 10-year median of 1.71. GuruFocus rates LTS:0JVD with a GF Score™ of 83/100 and a GF Value™ of $147.60 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 728 Media - Diversified companies, Live Nation Entertainment ranks worse than 82.69% on this metric.

As of today (2026-08-04), Live Nation Entertainment's current share price is $180.04. Live Nation Entertainment's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $71.67. Live Nation Entertainment's Cyclically Adjusted PS Ratio for today is 2.51.

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

LTS:0JVD' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.6   Med: 1.71   Max: 3.15
Current: 2.53

During the past years, Live Nation Entertainment's highest Cyclically Adjusted PS Ratio was 3.15. The lowest was 0.60. And the median was 1.71.

LTS:0JVD's Cyclically Adjusted PS Ratio is ranked worse than
82.69% of 728 companies
in the Media - Diversified industry
Industry Median: 0.77 vs LTS:0JVD: 2.53

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Live Nation Entertainment's adjusted revenue per share data for the three months ended in Jun. 2026 was $31.417. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $71.67 for the trailing ten years ended in Jun. 2026.

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 2.96 1.51 1.77 2.17 2.12

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 2.38 2.48 2.12 2.20 2.55

LTS:0JVD vs FWONA, FOXA, 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
83GF Score
Live Nation Entertainment Inc LTS:0JVD
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=180.04/71.67
=2.51

* 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 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 6.264 241.432 8.664
201703 6.101 243.801 8.357
201706 12.547 244.955 17.106
201709 15.418 246.819 20.861
201712 11.266 246.524 15.261
201803 7.171 249.554 9.596
201806 13.334 251.989 17.671
201809 17.691 252.439 23.403
201812 12.504 251.233 16.621
201903 8.271 254.202 10.866
201906 14.351 256.143 18.710
201909 17.235 256.759 22.417
201912 13.708 256.974 17.814
202003 6.471 258.115 8.372
202006 0.350 257.797 0.453
202009 0.866 260.280 1.111
202012 1.111 260.474 1.424
202103 1.355 264.877 1.708
202106 2.670 271.696 3.282
202109 12.059 274.310 14.681
202112 12.198 278.802 14.611
202203 8.125 287.504 9.438
202206 18.200 296.311 20.512
202209 25.252 296.808 28.412
202212 18.913 296.797 21.281
202303 13.707 301.836 15.165
202306 23.109 305.109 25.294
202309 33.398 307.789 36.237
202312 25.407 306.746 27.660
202403 16.558 312.332 17.704
202406 24.585 314.175 26.133
202409 31.188 315.301 33.033
202412 23.910 315.605 25.300
202503 14.627 319.799 15.274
202506 29.890 322.561 30.946
202509 36.205 324.800 37.225
202512 27.183 324.054 28.013
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.

What does a Cyclically Adjusted PS Ratio of 2.51 mean?
Live Nation Entertainment (LTS:0JVD) has a Cyclically Adjusted PS Ratio of 2.51 as of Aug. 04, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Live Nation Entertainment and its competitors. This is 47% above median its historical median of 1.71. Over the past decade, Live Nation Entertainment's Cyclically Adjusted PS Ratio has ranged from 0.60 to 3.15. According to the industry distribution chart, Live Nation Entertainment ranks #602 out of 728 companies in the Media - Diversified industry, placing it in the top 82.7%.
Is Live Nation Entertainment's Cyclically Adjusted PS Ratio too high?
Live Nation Entertainment's current Cyclically Adjusted PS Ratio of 2.51 is 47% above median its 10-year median of 1.71. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 3.15. The Media - Diversified industry median Cyclically Adjusted PS Ratio is 0.77. Live Nation Entertainment's value of 2.51 is 226% above this industry median. Based on the distribution chart, Live Nation Entertainment ranks #602 out of 728 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 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Live Nation Entertainment's Cyclically Adjusted PS Ratio compare to FWONA and FOXA?
According to the Media - Diversified industry distribution chart, Live Nation Entertainment ranks #602 out of 728 companies for Cyclically Adjusted PS Ratio. This places Live Nation Entertainment in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.77. Live Nation Entertainment's value of 2.51 is 226% above this benchmark. Historically, Live Nation Entertainment's own Cyclically Adjusted PS Ratio has ranged from 0.60 to 3.15 over the past decade. While the company's 10-year median is 1.71 vs. the industry median of 0.77, 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 PS Ratio for a Media - Diversified company?
The median Cyclically Adjusted PS Ratio among Media - Diversified companies is 0.77, based on 728 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS 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 PS Ratio of 2.51 is 226% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue 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 PS Ratio is 0.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Live Nation Entertainment's current Cyclically Adjusted PS Ratio is 2.51, which is 47% above median its own 10-year median of 1.71. 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?
Based on GuruFocus' analysis, Live Nation Entertainment (LTS:0JVD) is currently considered Modestly Overvalued. The stock's GF Value™ is $147.60, compared to a current price of $180.04 — trading 22% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.51, which is 47% above median its 10-year median of 1.71 and 226% above the Media - Diversified industry median of 0.77. 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 PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Live Nation Entertainment (LTS:0JVD), the current Cyclically Adjusted PS Ratio is 2.51 as of Aug. 04, 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 (LTS:0JVD) Overvalued in 2026?

Based on GuruFocus' analysis, Live Nation Entertainment stock appears to be overvalued. The current stock price of $180.04 is trading 22% above its estimated GF Value™ of $147.60. GuruFocus considers Live Nation Entertainment to be Modestly Overvalued.

Key valuation signals for LTS:0JVD:

  • Cyclically Adjusted PS Ratio: 2.51 (47% above median its 10-year median of 1.71)
  • GF Value™: $147.60 vs. price of $180.04 (22% above fair value)
  • GF Score™: 83/100 with 10 warning signs
  • Industry Position: 226% above the Media - Diversified median (#602 of 728)

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.
83GF 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.

$180.04
Price
$147.60
GF Value