P/E ratio for Live Nation (LYV)
P/E ratio as of September 2023 (TTM): 70.6
According to Live Nation 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 70.5752. At the end of 2021 the company had a P/E ratio of -38.7.
P/E ratio history for Live Nation from 2006 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -38.7 | 321.86% |
| 2020 | -9.18 | -99.74% |
| 2019 | < -1000 | 563.31% |
| 2018 | -537 | 505.25% |
| 2017 | -88.7 | -23.32% |
| 2016 | -116 | 54.02% |
| 2015 | -75.1 | 38.43% |
| 2014 | -54.2 | -39.79% |
| 2013 | -90.1 | 708.87% |
| 2012 | -11.1 | -38.35% |
| 2011 | -18.1 | 112.44% |
| 2010 | -8.50 | -28.32% |
| 2009 | -11.9 | 628.56% |
| 2008 | -1.63 | -98.04% |
| 2007 | -83.1 | 78.11% |
| 2006 | -46.7 | 598.22% |
| 2005 | -6.68 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 eBay EBAY | 17.3 | -75.46% | 🇺🇸 USA |
 World Wrestling Entertainment WWE | 44.9 | -36.33% | 🇺🇸 USA |
 Sinclair Broadcast SBGI | 4.86 | -93.11% | 🇺🇸 USA |
 E. W. Scripps Company
SSP | -0.8370 | -101.19% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.