P/E ratio for Live Nation (LYV)
P/E ratio as of April 2024 (TTM): 66.1
According to Live Nation 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 66.0728. At the end of 2022 the company had a P/E ratio of 109.
P/E ratio history for Live Nation from 2005 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 109 | -382.23% |
| 2021 | -38.6 | 325.61% |
| 2020 | -9.07 | -99.75% |
| 2019 | < -1000 | 553.03% |
| 2018 | -547 | 517.02% |
| 2017 | -88.7 | -23.32% |
| 2016 | -116 | 55.33% |
| 2015 | -74.5 | 39.73% |
| 2014 | -53.3 | -35.28% |
| 2013 | -82.3 | 678.23% |
| 2012 | -10.6 | -40.16% |
| 2011 | -17.7 | 127.59% |
| 2010 | -7.77 | -27.88% |
| 2009 | -10.8 | 502.41% |
| 2008 | -1.79 | -97.41% |
| 2007 | -69.1 | 48.16% |
| 2006 | -46.7 | 630.69% |
| 2005 | -6.39 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 eBay EBAY | 20.4 | -69.07% | 🇺🇸 USA |
 World Wrestling Entertainment WWE | 44.9 | -31.99% | 🇺🇸 USA |
 Sinclair Broadcast SBGI | 8.94 | -86.47% | 🇺🇸 USA |
 E. W. Scripps Company
SSP | -0.4323 | -100.65% | 🇺🇸 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.