MSGE (Madison Square Garden Entertainment) PB Ratio: 75.38 (As of Jun. 24, 2026) — Near Median


MSGE Madison Square Garden Entertainment Corp MSGE
74 GF Score
Price $76.51
GF Value $43.10
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Madison Square Garden Entertainment PB Ratio?

Madison Square Garden Entertainment MSGE +0.09% 74 PB Ratio is 75.38 as of Jun. 24, 2026, which is 6% below its 10-year median of 80.12. GuruFocus rates MSGE with a GF Score™ of 74/100 and a GF Value™ of $43.10 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 931 Media - Diversified companies, Madison Square Garden Entertainment ranks worse than 98.93% on this metric.

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 (2026-06-24), Madison Square Garden Entertainment's share price is $76.51. Madison Square Garden Entertainment's Book Value per Share for the quarter that ended in Mar. 2026 was $1.02. Hence, Madison Square Garden Entertainment's PB Ratio of today is 75.38.

The historical rank and industry rank for Madison Square Garden Entertainment's PB Ratio or its related term are showing as below:

MSGE' s PB Ratio Range Over the Past 10 Years
Min: 34.05   Med: 80.12   Max: 201.49
Current: 75.01

During the past 6 years, Madison Square Garden Entertainment's highest PB Ratio was 201.49. The lowest was 34.05. And the median was 80.12.

MSGE's PB Ratio is ranked worse than
98.93% of 931 companies
in the Media - Diversified industry
Industry Median: 1.28 vs MSGE: 75.01

During the past 12 months, Madison Square Garden Entertainment's average Book Value Per Share Growth Rate was 405.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -112.90% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Madison Square Garden Entertainment was -112.90% per year. The lowest was -112.90% per year. And the median was -112.90% per year.

Back to Basics: PB Ratio


Madison Square Garden Entertainment  (NYSE:MSGE) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


Madison Square Garden Entertainment PB Ratio Related Terms


Madison Square Garden Entertainment PB Ratio Historical Data

* Premium members only.

The historical data trend for Madison Square Garden 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.

Madison Square Garden Entertainment PB Ratio Chart

Madison Square Garden Entertainment Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
PB Ratio
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Madison Square Garden Entertainment Quarterly Data
Jun21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio 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 162.89 0.00 0.00 70.72 58.04

MSGE vs CNK, BATRA, MANU: PB Ratio Comparison

For the Entertainment subindustry, Madison Square Garden 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.


Madison Square Garden Entertainment PB Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Madison Square Garden Entertainment's PB Ratio distribution charts can be found below:

* The bar in red indicates where Madison Square Garden Entertainment's PB Ratio falls into.


MSGE
74GF Score
Madison Square Garden Entertainment Corp MSGE
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Madison Square Garden 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.

Madison Square Garden Entertainment's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=76.51/1.015
=75.38

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 75.38 mean?
Madison Square Garden Entertainment (MSGE) has a PB Ratio of 75.38 as of Jun. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Madison Square Garden Entertainment and its competitors. This is near median its historical median of 80.12. Over the past decade, Madison Square Garden Entertainment's PB Ratio has ranged from 34.05 to 201.49. According to the industry distribution chart, Madison Square Garden Entertainment ranks #921 out of 931 companies in the Media - Diversified industry, placing it in the top 98.9%.
Is Madison Square Garden Entertainment's PB Ratio too high?
Madison Square Garden Entertainment's current PB Ratio of 75.38 is near median its 10-year median of 80.12. Over the past 10 years, this metric has ranged from a low of 34.05 to a high of 201.49. The Media - Diversified industry median PB Ratio is 1.28. Madison Square Garden Entertainment's value of 75.38 is 5789.1% above this industry median. Based on the distribution chart, Madison Square Garden Entertainment ranks #921 out of 931 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Madison Square Garden Entertainment has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Madison Square Garden Entertainment's PB Ratio compare to CNK and BATRA?
According to the Media - Diversified industry distribution chart, Madison Square Garden Entertainment ranks #921 out of 931 companies for PB Ratio. This places Madison Square Garden Entertainment in the lower half of its industry. The industry median PB Ratio is 1.28. Madison Square Garden Entertainment's value of 75.38 is 5789.1% above this benchmark. Historically, Madison Square Garden Entertainment's own PB Ratio has ranged from 34.05 to 201.49 over the past decade. While the company's 10-year median is 80.12 vs. the industry median of 1.28, Madison Square Garden Entertainment has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Media - Diversified company?
The median PB Ratio among Media - Diversified companies is 1.28, based on 931 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Madison Square Garden Entertainment's current PB Ratio of 75.38 is 5789.1% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Madison Square Garden Entertainment and its competitors. For the Media - Diversified industry, the median PB Ratio is 1.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Madison Square Garden Entertainment's current PB Ratio is 75.38, which is near median its own 10-year median of 80.12. 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 Entertainment stock overvalued right now?
Based on GuruFocus' analysis, Madison Square Garden Entertainment (MSGE) is currently considered Significantly Overvalued. The stock's GF Value™ is $43.10, compared to a current price of $76.51 — trading 77.5% above its estimated fair value. The current PB Ratio is 75.38, which is near median its 10-year median of 80.12 and 5789.1% above the Media - Diversified industry median of 1.28. Madison Square Garden Entertainment's overall GF Score™ is 74/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Madison Square Garden Entertainment (MSGE), the current PB Ratio is 75.38 as of Jun. 24, 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 Entertainment (MSGE) Overvalued in 2026?

Based on GuruFocus' analysis, Madison Square Garden Entertainment stock appears to be overvalued. The current stock price of $76.51 is trading 77.5% above its estimated GF Value™ of $43.10. GuruFocus considers Madison Square Garden Entertainment to be Significantly Overvalued.

Key valuation signals for MSGE:

  • PB Ratio: 75.38 (near median its 10-year median of 80.12)
  • GF Value™: $43.10 vs. price of $76.51 (77.5% above fair value)
  • GF Score™: 74/100 with 7 warning signs
  • Industry Position: 5789.1% above the Media - Diversified median (#921 of 931)

No single metric tells the full story. See the MSGE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Madison Square Garden Entertainment Business Description

Address Two Penn Plaza, New York, NY, USA, 10121
Madison Square Garden Entertainment Corp provides live entertainment, delivering unforgettable experiences while forging deep connections with diverse and passionate audiences. The company's portfolio includes a collection of world-renowned venues - New York's Madison Square Garden, The Theater at Madison Square Garden, Radio City Music Hall, and Beacon Theatre; and The Chicago Theatre - that showcase a broad array of sporting events, concerts, family shows, and special events for millions of guests annually. In addition, the company features the original production, the Christmas Spectacular Starring the Radio City Rockettes, which has been a holiday tradition for 89 years.
74GF Score

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PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$76.51
Price
$43.10
GF Value