Sphere Entertainment (SPHR)

P/B ratio as of October 2026 : 1.73

According to Sphere Entertainment's latest financial reports the company has a price-to-book ratio of 2.83318.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Sphere Entertainment - P/B ratio (from 2020 to 2026)

P/B ratio by year

Year	P/B ratio	Change
2026-12-31	N/A	-100%
2025-12-31	1.51	142.1%
2024-12-31	0.6242	29.05%
2023-12-31	0.4837	-31.23%
2022-12-31	0.7033	-33.63%
2021-12-31	1.06	13.23%
2020-12-31	0.9358
2019-12-31	N/A

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Sphere Entertainment (SPHR) - P/B ratio