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Live Nation Entertainment (LTS:0JVD) Shiller PE Ratio : (As of Oct. 31, 2024)


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What is Live Nation Entertainment Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Live Nation Entertainment Shiller PE Ratio Historical Data

The historical data trend for Live Nation Entertainment's Shiller PE 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.

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Live Nation Entertainment Shiller PE Ratio Chart

Live Nation Entertainment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
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Live Nation Entertainment Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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Competitive Comparison of Live Nation Entertainment's Shiller PE Ratio

For the Entertainment subindustry, Live Nation Entertainment's Shiller PE Ratio, along with its competitors' market caps and Shiller 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's Shiller PE Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Live Nation Entertainment's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Live Nation Entertainment's Shiller PE Ratio falls into.



Live Nation Entertainment Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Live Nation Entertainment's E10 for the quarter that ended in Jun. 2024 is calculated as:

For example, Live Nation Entertainment's adjusted earnings per share data for the three months ended in Jun. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=1.03/132.5538*132.5538
=1.030

Current CPI (Jun. 2024) = 132.5538.

Live Nation Entertainment Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201409 0.490 100.428 0.647
201412 -0.950 99.070 -1.271
201503 -0.310 99.621 -0.412
201506 0.060 100.684 0.079
201509 0.380 100.392 0.502
201512 -0.470 99.792 -0.624
201603 -0.290 100.470 -0.383
201606 0.130 101.688 0.169
201609 0.490 101.861 0.638
201612 -0.580 101.863 -0.755
201703 -0.220 102.862 -0.284
201706 0.290 103.349 0.372
201709 0.530 104.136 0.675
201712 -1.130 104.011 -1.440
201803 -0.240 105.290 -0.302
201806 0.240 106.317 0.299
201809 0.700 106.507 0.871
201812 -0.830 105.998 -1.038
201903 -0.310 107.251 -0.383
201906 0.410 108.070 0.503
201909 0.710 108.329 0.869
201912 -0.880 108.420 -1.076
202003 -0.940 108.902 -1.144
202006 -2.670 108.767 -3.254
202009 -2.450 109.815 -2.957
202012 -2.040 109.897 -2.461
202103 -1.440 111.754 -1.708
202106 -0.900 114.631 -1.041
202109 0.190 115.734 0.218
202112 -0.960 117.630 -1.082
202203 -0.390 121.301 -0.426
202206 0.660 125.017 0.700
202209 1.390 125.227 1.471
202212 -1.130 125.222 -1.196
202303 -0.250 127.348 -0.260
202306 1.020 128.729 1.050
202309 1.780 129.860 1.817
202312 -1.250 129.419 -1.280
202403 -0.530 131.776 -0.533
202406 1.030 132.554 1.030

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Live Nation Entertainment  (LTS:0JVD) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Live Nation Entertainment Shiller PE Ratio Related Terms

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Live Nation Entertainment Business Description

Traded in Other Exchanges
Address
9348 Civic Center Drive, Beverly Hills, CA, USA, 90210
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 45 countries, Live Nation promotes concerts globally and it owns, operates, or had exclusive booking rights to 373 venues worldwide at the end of 2023, which the firm says makes it the second-largest operator of music venues globally. In 2023, Live Nation promoted more than 50,000 events, drawing more than 145 million fans. Ticketmaster is a dominant global ticketing service, selling more than 620 million tickets in 2023.

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