What is Live Nation Entertainment Median PS Value?
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
The historical rank and industry rank for Live Nation Entertainment's Median PS Value or its related term are showing as below:
BSP:L1YV34'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.9 Med: 1.92 Max: 30.34
Current: 0.99
During the past 13 years, the highest Price to Median PS Value of Live Nation Entertainment was 30.34. The lowest was 0.90. And the median was 1.92.
BSP:L1YV34's Price-to-Median-PS-Value is ranked worse than 62.71% of 539
companies
in the Media - Diversified industry
Industry Median: 0.82
vs BSP:L1YV34: 0.99
Live Nation Entertainment Median PS Value 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.
Competitive Comparison of Live Nation Entertainment's Median PS Value
For the Entertainment subindustry, Live Nation Entertainment's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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 Price-to-Median-PS-Value Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Live Nation Entertainment's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Live Nation Entertainment's Price-to-Median-PS-Value falls into.
Live Nation Entertainment Median PS Value Calculation
10-Year Median PS Ratio is 1.0927.
Live Nation Entertainment's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was R$96.886.
* 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 (BSP:L1YV34) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
Live Nation Entertainment's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
104.40
/
105.87
=
0.99
* 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 Median PS Value Related Terms
Thank you for viewing the detailed overview of Live Nation Entertainment's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Live Nation Entertainment (BSP:L1YV34) 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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