Question 1

What is Live Nation Entertainment's P/B ratio?

Accepted Answer

Live Nation Entertainment (LYV) P/B ratio is 136.9× as of May 4, 2026. The ratio is calculated by dividing market capitalisation by book value of equity, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/B ratio calculated?

Accepted Answer

P/B = Market Capitalisation ÷ Book Value of Equity (most recent quarterly shareholders' equity), or equivalently Share Price ÷ Book Value Per Share. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/B ratio?

Accepted Answer

The price-to-book (P/B) ratio compares a company's market capitalisation to its book value of equity (total shareholders' equity) on the most recent quarterly balance sheet. It is calculated as market cap ÷ book value of equity (equivalent to share price ÷ book value per share). A P/B below 1× implies the market values the business below its accounting net worth; values well above 1× reflect intangible assets, brand value, or a high return on equity.

Question 4

What is a good P/B ratio for Live Nation Entertainment?

Accepted Answer

A "good" P/B depends on the business model. Banks, insurers, and other capital-heavy financials typically trade near 1×; asset-light technology and consumer-brand companies can sustainably trade at 5×+ because much of their value is intangible. P/B is most informative when paired with return on equity (ROE). For Live Nation Entertainment specifically, the relevant sector benchmark is the current sector median of 3.7×.

Question 5

Is Live Nation Entertainment's P/B ratio high or low?

Accepted Answer

Live Nation Entertainment's P/B ratio of 136.9× is above its own 5-year average of 132.0× and above the sector median of 3.7×. That places the current reading at the 69th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Live Nation Entertainment's historical P/B ratio range?

Accepted Answer

In the available daily series, Live Nation Entertainment (LYV) P/B ratio has ranged from a low of 0.4× in 2009 to a high of 335.2× in 2025. The 5-year average is 132.0× and the 5-year median is 97.4×.

Question 7

What was Live Nation Entertainment's P/B ratio in 2025?

Accepted Answer

Live Nation Entertainment (LYV) P/B ratio at the end of 2025 was 123.8×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month book value figure available at that date.

Question 8

Why does Live Nation Entertainment's P/B ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (book value). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$33.55B	$271.01M	123.8×	-48.2×	Dec 31, 2025
2024	$29.80B	$173.26M	172.0×	—	Dec 31, 2024
2023	$21.84B	−$17.15M	—	—	Dec 31, 2023
2022	$16.13B	−$367.57M	—	—	Dec 31, 2022
2021	$25.96B	−$582.65M	—	—	Dec 31, 2021
2020	$15.62B	−$471.77M	—	—	Dec 31, 2020
2019	$15.06B	$1.15B	13.1×	+3.8×	Dec 31, 2019
2018	$10.25B	$1.10B	9.3×	+1.9×	Dec 31, 2018
2017	$8.77B	$1.18B	7.4×	+2.6×	Dec 31, 2017
2016	$5.39B	$1.13B	4.8×	+0.8×	Dec 31, 2016
2015	$4.95B	$1.24B	4.0×	-0.0×	Dec 31, 2015
2014	$5.21B	$1.30B	4.0×	+1.3×	Dec 31, 2014
2013	$3.90B	$1.41B	2.8×	+1.5×	Dec 31, 2013
2012	$1.74B	$1.36B	1.3×	+0.2×	Dec 31, 2012
2011	$1.55B	$1.46B	1.1×	-0.4×	Dec 31, 2011
2010	$1.95B	$1.36B	1.4×	-0.5×	Dec 31, 2010
2009	$1.25B	$652.32M	1.9×	+1.2×	Dec 31, 2009
2008	$447.55M	$622.26M	0.7×	-0.5×	Dec 31, 2008
2007	$1.06B	$867.07M	1.2×	-1.1×	Dec 31, 2007
2006	$1.47B	$638.66M	2.3×	+0.9×	Dec 31, 2006
2005	$885.10M	$636.70M	1.4×	—	Dec 31, 2005


Take-Two Interactive Software (TTWO)	10.4×
Reddit (RDDT)	8.1×
Electronic Arts (EA)	7.5×
Alphabet (GOOGL)	7.3×
DoorDash (DASH)	6.4×
Meta (META)	5.9×
Roku (ROKU)	5.2×
TKO Group Holdings (TKO)	4.6×
Trade Desk (TTD)	4.4×
T-Mobile US (TMUS)	4.1×
Pinterest (PINS)	4.1×
Snap (SNAP)	3.7×
Nebius Group (NBIS)	3.7×
Fox (FOXA)	2.3×
John Wiley & Sons (WLY)	2.2×
Warner Bros. Discovery (WBD)	2.1×
Verizon (VZ)	2.0×
AT&T (T)	1.8×
Charter Communications (CHTR)	1.7×
Omnicom Group (OMC)	1.6×
News (NWSA)	1.6×
Walt Disney (DIS)	1.5×
Comcast (CMCSA)	1.2×
Telephone and Data Systems (TDS)	1.0×
Paramount Skydance (PSKY)	0.6×

P/B Ratio for Live Nation Entertainment (LYV)

P/B Ratio daily chart for Live Nation Entertainment (LYV)

Historical P/B Ratio for Live Nation Entertainment (LYV) from 2005 to 2025

About P/B Ratio at Live Nation Entertainment (LYV)

Live Nation Entertainment P/B Ratio by Year

Live Nation Entertainment P/B Ratio 2025: 123.8×

Live Nation Entertainment P/B Ratio 2024: 172.0×

Live Nation Entertainment P/B Ratio 2019: 13.1×

Live Nation Entertainment P/B Ratio 2018: 9.3×

Live Nation Entertainment P/B Ratio 2017: 7.4×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

Live Nation Entertainment (LYV) Key Financials

P/B Ratio daily chart for Live Nation Entertainment (LYV)

Historical P/B Ratio for Live Nation Entertainment (LYV) from 2005 to 2025

About P/B Ratio at Live Nation Entertainment (LYV)

Live Nation Entertainment P/B Ratio by Year

Live Nation Entertainment P/B Ratio 2025: 123.8×

Live Nation Entertainment P/B Ratio 2024: 172.0×

Live Nation Entertainment P/B Ratio 2019: 13.1×

Live Nation Entertainment P/B Ratio 2018: 9.3×

Live Nation Entertainment P/B Ratio 2017: 7.4×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

+What is Live Nation Entertainment's P/B ratio?

+How is the P/B ratio calculated?

+What is the P/B ratio?

+What is a good P/B ratio for Live Nation Entertainment?

+Is Live Nation Entertainment's P/B ratio high or low?

+What is Live Nation Entertainment's historical P/B ratio range?

+What was Live Nation Entertainment's P/B ratio in 2025?

+Why does Live Nation Entertainment's P/B ratio change over time?

Live Nation Entertainment (LYV) Key Financials