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Madison Square Garden Sports (NYSE:MSGS) 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 .
Madison Square Garden Sports Forward PE Ratio Related Terms
Madison Square Garden Sports 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.
Madison Square Garden Sports Forward PE Ratio Chart
Madison Square Garden Sports Annual Data
Trend
2016-06
2020-06
2021-06
2023-06
2024-06
2025-06
Forward PE Ratio
120.48
285.71
163.93
53.48
68.97
254.35
Madison Square Garden Sports Quarterly Data
2016-06
2020-06
2021-03
2021-06
2021-09
2023-06
2023-09
2023-12
2024-03
2024-06
2024-12
2025-03
2025-06
Forward PE Ratio
120.48
285.71
185.19
163.93
454.55
53.48
80.00
121.95
71.94
68.97
314.96
133.45
254.35
MSGS vs PSKY, SIRI, LLYVA: Forward PE Ratio Comparison
For the Entertainment subindustry, Madison Square Garden Sports'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.
Madison Square Garden Sports Forward PE Ratio vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Madison Square Garden Sports's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Madison Square Garden Sports's Forward PE Ratio falls into.
Madison Square Garden Sports 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.
Madison Square Garden Sports (MSGS) has a Forward PE Ratio of 181449.04 as of Aug. 06, 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 Madison Square Garden Sports and its competitors. According to the industry distribution chart, Madison Square Garden Sports ranks #378 out of 378 companies in the Media - Diversified industry.
Is Madison Square Garden Sports' Forward PE Ratio too high?
Madison Square Garden Sports' current Forward PE Ratio is 181449.04. The Media - Diversified industry median Forward PE Ratio is 14.27. Madison Square Garden Sports' value of 181449.04 is 1271887.7% above this industry median. Based on the distribution chart, Madison Square Garden Sports ranks #378 out of 378 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Madison Square Garden Sports has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Madison Square Garden Sports' Forward PE Ratio compare to PSKY and SIRI?
According to the Media - Diversified industry distribution chart, Madison Square Garden Sports ranks #378 out of 378 companies for Forward PE Ratio. This places Madison Square Garden Sports in the lower half of its industry. The industry median Forward PE Ratio is 14.27. Madison Square Garden Sports' value of 181449.04 is 1271887.7% 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 14.27, based on 378 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. Madison Square Garden Sports's current Forward PE Ratio of 181449.04 is 1271887.7% 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 Madison Square Garden Sports and its competitors. For the Media - Diversified industry, the median Forward PE Ratio is 14.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Madison Square Garden Sports's current Forward PE Ratio is 181449.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Madison Square Garden Sports stock overvalued right now?
Based on GuruFocus' analysis, Madison Square Garden Sports (MSGS) is currently considered Significantly Overvalued. The stock's GF Value™ is $224.35, compared to a current price of $391.56 — trading 74.5% above its estimated fair value. The current Forward PE Ratio is 181449.04 and 1271887.7% above the Media - Diversified industry median of 14.27. Madison Square Garden Sports' overall GF Score™ is 52/100 with 6 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 Madison Square Garden Sports (MSGS), the current Forward PE Ratio is 181449.04 as of Aug. 06, 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 Madison Square Garden Sports (MSGS) Overvalued in 2026?
Based on GuruFocus' analysis, Madison Square Garden Sports stock appears to be overvalued.
The current stock price of $391.56 is trading 74.5% above its estimated GF Value™ of $224.35.
GuruFocus considers Madison Square Garden Sports to be Significantly Overvalued.
Key valuation signals for MSGS:
Forward PE Ratio: 181449.04
GF Value™: $224.35 vs. price of $391.56 (74.5% above fair value)
Industry Position: 1271887.7% above the Media - Diversified median (#378 of 378)
No single metric tells the full story. See the MSGS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Madison Square Garden Sports Corp owns and operates a portfolio of assets featuring some of the recognized sports teams, including the Knicks of the NBA and the Rangers of the NHL. It generates revenue from several sources: ticket sales and a portion of suite rental fees at The Garden and others. It has one operating and reportable segment and one reporting unit for goodwill impairment testing purposes.
52GF Score
Get the complete analysis for MSGS
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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