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Live Nation Entertainment (MEX:LYV) Cyclically Adjusted Revenue per Share : MXN860.31 (As of Mar. 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 Mar. 2024 was MXN274.797. 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 MXN860.31 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Live Nation Entertainment's average Cyclically Adjusted Revenue Growth Rate was 15.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 11.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.30% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 0.60% 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 11.30% per year. The lowest was -3.10% per year. And the median was -1.00% per year.

As of today (2024-06-25), Live Nation Entertainment's current stock price is MXN1647.00. Live Nation Entertainment's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was MXN860.31. Live Nation Entertainment's Cyclically Adjusted PS Ratio of today is 1.91.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Live Nation Entertainment was 3.15. The lowest was 0.44. And the median was 1.29.


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 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 765.91 785.40 927.83 842.26

Live Nation Entertainment Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 873.80 821.94 863.86 842.26 860.31

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.



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 Mar. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=274.797/131.7762*131.7762
=274.797

Current CPI (Mar. 2024) = 131.7762.

Live Nation Entertainment Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 104.881 100.560 137.439
201409 151.612 100.428 198.937
201412 116.122 99.070 154.458
201503 85.330 99.621 112.872
201506 132.702 100.684 173.682
201509 212.332 100.392 278.712
201512 148.156 99.792 195.640
201603 103.074 100.470 135.191
201606 193.201 101.688 250.366
201609 281.600 101.861 364.302
201612 129.136 101.863 167.059
201703 114.868 102.862 147.157
201706 226.803 103.349 289.187
201709 279.811 104.136 354.081
201712 221.257 104.011 280.320
201803 130.274 105.290 163.046
201806 262.016 106.317 324.760
201809 330.913 106.507 409.425
201812 245.516 105.998 305.225
201903 160.436 107.251 197.124
201906 275.676 108.070 336.150
201909 340.250 108.329 413.894
201912 258.535 108.420 314.229
202003 151.732 108.902 183.603
202006 8.078 108.767 9.787
202009 19.122 109.815 22.946
202012 22.092 109.897 26.490
202103 27.690 111.754 32.651
202106 53.151 114.631 61.101
202109 247.950 115.734 282.318
202112 250.221 117.630 280.314
202203 161.772 121.301 175.742
202206 366.149 125.017 385.946
202209 507.940 125.227 534.507
202212 368.725 125.222 388.025
202303 247.065 127.348 255.656
202306 396.177 128.729 405.556
202309 581.573 129.860 590.157
202312 432.764 129.419 440.645
202403 274.797 131.776 274.797

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


Live Nation Entertainment  (MEX: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
=1647.00/860.31
=1.91

* 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 0.44. And the median was 1.29.


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 (MEX:LYV) Business Description

Traded in Other Exchanges
Address
9348 Civic Center Drive, Beverly Hills, CA, USA, 90210
Live Nation is the largest live entertainment firm in the world with over 670 million fans served in 48 countries in 2022 by the company's concert and ticketing platforms. Via either owning, operating, or holding exclusive booking rights, Live Nation controls over 338 venues including the House of Blues. Live Nation also owns one of the largest ticketing services, Ticketmaster, which sold over 550 million tickets for over 12,000 clients in 2022. Its artist management agencies have over 400 clients. This large live entertainment footprint helped Live Nation become one of the largest advertising and sponsorship platforms aimed at music fans. Liberty Media owns 31% of Live Nation, held under its Sirius XM tracking stock. Liberty plans to spin off its stake into a dedicated tracking stock.