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LYV (Live Nation Entertainment) Cyclically Adjusted Revenue per Share : $59.70 (As of Dec. 2024)


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What is Live Nation Entertainment Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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 for the three months ended in Dec. 2024 was $23.910. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $59.70 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Live Nation Entertainment's average Cyclically Adjusted Revenue Growth Rate was 12.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 13.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 9.00% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 2.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Live Nation Entertainment was 13.90% per year. The lowest was -3.10% per year. And the median was -0.50% per year.

As of today (2025-04-12), Live Nation Entertainment's current stock price is $129.60. Live Nation Entertainment's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2024 was $59.70. Live Nation Entertainment's Cyclically Adjusted PS Ratio of today is 2.17.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Live Nation Entertainment was 3.15. The lowest was 0.46. And the median was 1.56.


Live Nation Entertainment Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Live Nation Entertainment's Cyclically Adjusted Revenue per Share 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 Revenue per Share Chart

Live Nation Entertainment Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.42 40.38 46.08 52.91 59.70

Live Nation Entertainment Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Cyclically Adjusted Revenue per Share 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 52.91 54.77 56.49 58.31 59.70

Competitive Comparison of Live Nation Entertainment's Cyclically Adjusted Revenue per Share

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's Cyclically Adjusted PS Ratio Distribution in the 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.


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Live Nation Entertainment Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Live Nation Entertainment's adjusted Revenue per Share data for the three months ended in Dec. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=23.91/133.1571*133.1571
=23.910

Current CPI (Dec. 2024) = 133.1571.

Live Nation Entertainment Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201503 5.597 99.621 7.481
201506 8.458 100.684 11.186
201509 12.566 100.392 16.667
201512 8.616 99.792 11.497
201603 5.988 100.470 7.936
201606 10.447 101.688 13.680
201609 14.564 101.861 19.039
201612 6.264 101.863 8.188
201703 6.101 102.862 7.898
201706 12.547 103.349 16.166
201709 15.418 104.136 19.715
201712 11.266 104.011 14.423
201803 7.171 105.290 9.069
201806 13.334 106.317 16.700
201809 17.691 106.507 22.118
201812 12.504 105.998 15.708
201903 8.271 107.251 10.269
201906 14.351 108.070 17.682
201909 17.235 108.329 21.185
201912 13.708 108.420 16.836
202003 6.471 108.902 7.912
202006 0.350 108.767 0.428
202009 0.866 109.815 1.050
202012 1.111 109.897 1.346
202103 1.355 111.754 1.615
202106 2.670 114.631 3.102
202109 12.059 115.734 13.874
202112 12.198 117.630 13.808
202203 8.125 121.301 8.919
202206 18.200 125.017 19.385
202209 25.252 125.227 26.851
202212 18.913 125.222 20.112
202303 13.707 127.348 14.332
202306 23.109 128.729 23.904
202309 33.398 129.860 34.246
202312 25.407 129.419 26.141
202403 16.558 131.776 16.732
202406 24.585 132.554 24.697
202409 31.188 133.029 31.218
202412 23.910 133.157 23.910

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


Live Nation Entertainment  (NYSE:LYV) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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 Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=129.60/59.70
=2.17

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Live Nation Entertainment was 3.15. The lowest was 0.46. And the median was 1.56.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Live Nation Entertainment Cyclically Adjusted Revenue per Share Related Terms

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


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 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.
Executives
Jeffrey T. Hinson director 3721 POTOMAC AVE., DALLAS TX 75205
Brian Capo officer: Chief Accounting Officer C/O LIVE NATION, INC., 9348 CIVIC CENTER DRIVE, BEVERLY HILLS CA 90210
Michael Rowles officer: EVP & General Counsel C/O LIVE NATION, INC., 9348 CIVIC CENTER DRIVE, BEVERLY HILLS CA 90210
Joe Berchtold officer: Chief Operating Officer C/O LIVE NATION ENTERTAINMENT, INC., 9348 CIVIC CENTER DRIVE, BEVERLY HILLS CA 90210
Michael Rapino director, officer: Chief Executive Officer 9348 CIVIC CENTER DRIVE, FOURTH FLOOR, BEVERLY HILLS CA 90210
Ping Fu director C/O LIVE NATION ENTERTAINMENT, INC., 9348 CIVIC CENTER DRIVE, BEVERLY HILLS CA 90210
Richard A. Paul director 80 PINE STREET, SUITE 3202, NEW YORK NY 10005
Jimmy Iovine director C/O LIVE NATION ENTERTAINMENT, INC., 9348 CIVIC CENTER DRIVE, BEVERLY HILLS CA 90210
James S Kahan director 175 E HOUSTON STREET, --, SAN ANTONIO TX 78205-2233
John Hopmans officer: EVP, M&A and Strategic Finance C/O LIVE NATION ENTERTAINMENT, INC., 9348 CIVIC CENTER DRIVE, BEVERLY HILLS CA 90210
Latriece Watkins director C/O LIVE NATION ENTERTAINMENT, INC., 9348 CIVIC CENTER DRIVE, BEVERLY HILLS CA 90210
Elizabeth Kathleen Willard officer: Chief Accounting Officer 2000 WEST LOOP SOUTH, SUITE 1300, HOUSTON TX 77027
Chad Hollingsworth director 6262 SUNSET DRIVE, MIAMI FL 33143
Ariel Emanuel director C/O SOURCE INTERLINK COMPANIES, INC., 27500 RIVERVIEW CENTER BLVD, SUITE 400, BONITA SPRINGS FL 34134
Enloe Robert Ted Iii director LEGGETT & PLATT, INCORPORATED, NO. 1 LEGGETT ROAD, CARTHAGE MO 64836