Live Nation Entertainment (STU:3LN) Cyclically Adjusted PS Ratio: (As of Sep. 22, 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.

STU:3LN Live Nation Entertainment Inc STU:3LN
84 GF Score
Price €148.00
GF Value €129.32
Valuation Modestly Overvalued
! 9 Warning Signs
View Full Analysis

What is Live Nation Entertainment Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Live Nation Entertainment  (STU:3LN) 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 2.99 1.58 1.74 2.26 1.95

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 2.21 2.32 2.00 2.11 2.48

STU:3LN 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.


STU:3LN
84GF Score
Live Nation Entertainment Inc STU:3LN
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 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)
=27.02/333.9520*333.9520
=27.020

Current CPI (Jun. 2026) = 333.9520.

Live Nation Entertainment Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 13.050 241.428 18.051
201612 8.186 241.432 11.323
201703 6.508 243.801 8.914
201706 11.402 244.955 15.545
201709 13.137 246.819 17.775
201712 9.472 246.524 12.831
201803 5.835 249.554 7.808
201806 11.192 251.989 14.832
201809 15.210 252.439 20.121
201812 10.852 251.233 14.425
201903 7.284 254.202 9.569
201906 12.772 256.143 16.652
201909 15.501 256.759 20.161
201912 12.212 256.974 15.870
202003 5.874 258.115 7.600
202006 0.318 257.797 0.412
202009 0.741 260.280 0.951
202012 0.913 260.474 1.171
202103 1.125 264.877 1.418
202106 2.216 271.696 2.724
202109 10.555 274.310 12.850
202112 10.526 278.802 12.608
202203 7.242 287.504 8.412
202206 17.078 296.311 19.247
202209 25.069 296.808 28.206
202212 18.200 296.797 20.478
202303 12.775 301.836 14.134
202306 21.233 305.109 23.240
202309 30.699 307.789 33.309
202312 23.197 306.746 25.254
202403 15.256 312.332 16.312
202406 22.836 314.175 24.274
202409 28.390 315.301 30.069
202412 22.378 315.605 23.679
202503 13.898 319.799 14.513
202506 26.370 322.561 27.301
202509 30.981 324.800 31.854
202512 23.041 324.054 23.745
202603 13.950 330.213 14.108
202606 27.020 333.952 27.020

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 (STU:3LN) Overvalued in 2026?

Based on GuruFocus' analysis, Live Nation Entertainment stock appears to be overvalued. The current stock price of €148.00 is trading 14.4% above its estimated GF Value™ of €129.32. GuruFocus considers Live Nation Entertainment to be Modestly Overvalued.

Key valuation signals for STU:3LN:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €129.32 vs. price of €148.00 (14.4% above fair value)
  • GF Score™: 84/100 with 9 warning signs

No single metric tells the full story. See the STU:3LN 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.
84GF Score

Get the complete analysis for STU:3LN

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

€148.00
Price
€129.32
GF Value