The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-04-18), Live Nation Entertainment's share price is $91.82. Live Nation Entertainment's Book Value per Share for the quarter that ended in Dec. 2023 was $-0.07. Hence, Live Nation Entertainment's PB Ratio of today is .
The historical rank and industry rank for Live Nation Entertainment's PB Ratio or its related term are showing as below:
During the past 13 years, Live Nation Entertainment's highest PB Ratio was 96.79. The lowest was 1.90. And the median was 5.23.
LYV's PB Ratio is not ranked *
in the Media - Diversified industry.
Industry Median: 1.46 * Ranked among companies with meaningful PB Ratio only.
During the past 3 years, the average Book Value Per Share Growth Rate was 67.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Live Nation Entertainment was 70.80% per year. The lowest was -65.10% per year. And the median was -4.10% per year.
Back to Basics: PB Ratio
Live Nation Entertainment PB Ratio Historical Data
The historical data trend for Live Nation Entertainment's PB 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.
* Premium members only.
Live Nation Entertainment Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
PB Ratio
13.33
-
-
-
-
Live Nation Entertainment Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
PB Ratio
-
-
-
85.87
-
Competitive Comparison
For the Entertainment subindustry, Live Nation Entertainment's PB Ratio, along with its competitors' market caps and PB 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 PB Ratio Distribution
For the Media - Diversified industry and Communication Services sector, Live Nation Entertainment's PB Ratio distribution charts can be found below:
* The bar in red indicates where Live Nation Entertainment's PB Ratio falls into.
Live Nation Entertainment PB Ratio Calculation
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
Live Nation Entertainment's PB Ratio for today is calculated as follows:
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Live Nation Entertainment (NYSE:LYV) PB Ratio Explanation
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Live Nation Entertainment PB Ratio Related Terms
Thank you for viewing the detailed overview of Live Nation Entertainment's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Live Nation Entertainment (Live Nation Entertainment) Business Description
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.
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