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Live Nation Entertainment (BSP:L1YV34) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Live Nation Entertainment Forward PE Ratio Related Terms
Live Nation Entertainment Forward PE Ratio Historical Data
* 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 Forward PE Ratio Chart
Live Nation Entertainment Annual Data
Trend
2021-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
135.14
63.29
46.51
53.61
63.33
Live Nation Entertainment Quarterly Data
2021-09
2021-12
2022-03
2022-06
2022-09
2022-12
2023-03
2023-06
2023-09
2023-12
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
232.56
135.14
1,666.67
238.10
74.07
63.29
70.92
119.05
49.26
46.51
66.67
66.67
64.94
53.61
46.53
67.21
56.48
63.33
102.56
BSP:L1YV34 vs FWONA, FOXA, ROKU: Forward PE Ratio Comparison
For the Entertainment subindustry, Live Nation Entertainment's Forward PE Ratio, along with its competitors' market caps and Forward PE 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 Forward PE Ratio vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Live Nation Entertainment's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Live Nation Entertainment's Forward PE Ratio falls into.
Live Nation Entertainment Forward PE Ratio Calculation
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Live Nation Entertainment (BSP:L1YV34) has a Forward PE Ratio of 106.87 as of Aug. 05, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Live Nation Entertainment and its competitors. According to the industry distribution chart, Live Nation Entertainment ranks #378 out of 379 companies in the Media - Diversified industry, placing it in the top 99.7%.
Is Live Nation Entertainment's Forward PE Ratio too high?
Live Nation Entertainment's current Forward PE Ratio is 106.87. The Media - Diversified industry median Forward PE Ratio is 14.32. Live Nation Entertainment's value of 106.87 is 646.3% above this industry median. Based on the distribution chart, Live Nation Entertainment ranks #378 out of 379 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Live Nation Entertainment has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Live Nation Entertainment's Forward PE Ratio compare to FWONA and FOXA?
According to the Media - Diversified industry distribution chart, Live Nation Entertainment ranks #378 out of 379 companies for Forward PE Ratio. This places Live Nation Entertainment in the lower half of its industry. The industry median Forward PE Ratio is 14.32. Live Nation Entertainment's value of 106.87 is 646.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Media - Diversified company?
The median Forward PE Ratio among Media - Diversified companies is 14.32, based on 379 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Live Nation Entertainment's current Forward PE Ratio of 106.87 is 646.3% 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 Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Live Nation Entertainment and its competitors. For the Media - Diversified industry, the median Forward PE Ratio is 14.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Live Nation Entertainment's current Forward PE Ratio is 106.87. 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 (BSP:L1YV34) is currently considered Modestly Overvalued. The stock's GF Value™ is R$152.60, compared to a current price of R$179.51 — trading 17.6% above its estimated fair value. The current Forward PE Ratio is 106.87 and 646.3% above the Media - Diversified industry median of 14.32. Live Nation Entertainment's overall GF Score™ is 79/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Live Nation Entertainment (BSP:L1YV34), the current Forward PE Ratio is 106.87 as of Aug. 05, 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 (BSP:L1YV34) Overvalued in 2026?
Based on GuruFocus' analysis, Live Nation Entertainment stock appears to be overvalued.
The current stock price of R$179.51 is trading 17.6% above its estimated GF Value™ of R$152.60.
GuruFocus considers Live Nation Entertainment to be Modestly Overvalued.
Key valuation signals for BSP:L1YV34:
Forward PE Ratio: 106.87
GF Value™: R$152.60 vs. price of R$179.51 (17.6% above fair value)
Industry Position: 646.3% above the Media - Diversified median (#378 of 379)
No single metric tells the full story. See the BSP:L1YV34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
79GF Score
Get the complete analysis for BSP:L1YV34
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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