Price to Sales ratio Analysis of Live Nation Entertainment Inc - Deep Dive
Latest FY PS
Period Ending - Dec-23
Very Good PS
0.967
Period Ending - Dec-22
Very Good PS
1.23
Growth
-21.51 %
Trailing Twelve Months PS
Period Ending - Dec-23
Very Good PS
0.901
PS Analysis of Live Nation Entertainment Inc
P/S Ratio 0.901 of Live Nation Entertainment Inc indicates that stock price is low compared to sales of the company and may be undervalued. |
PS Ratio of LYV drastically fell by -21.51 % this year. |
PS Ratio with value of 10.12 was highest in Year Dec-20 in last Five Years. |
PS Ratio of LYV trending down for at least three Years. |
Latest PS Ratio with value of 0.967 is lower than Average PS of 3.39 in last five years. |
Other PS Related Info of LYV that may interest you.
Live Nation Entertainment Inc Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
LYV | 88.75 | 89.06 | 0.348 % | Entertainment |
Defination of Price to Sales
The Price to Sales Ratio indicates how much investors are willing to pay for each rupee of sales generated by a company. Price-to-Sales Ratio is used to determine whether a stock is currently profitable or less profitable, which is helpful for better investment decisions. more ..![Price to Sales Formula Price to Sales Formula](https://my.stockaio.com/help/template/FinDef/ValuationRatios/PriceToSales.jpg)
PS Related Ratios
PriceToBookRatio | PriceToEarningRatio | AssetTurnoverRatio |
Tsr Value Index
Low Value Stock |
FY - Historical Price to Sales of Live Nation Entertainment Inc
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
PS | 0.967 | 1.23 | 3.01 | 10.12 | 1.61 | 1.71 | 1.76 |
Change | -21.51 % | -59.01 % | -70.31 % | 526.93 % | -5.39 % | -3.00 % | -18.04 % |
FY Chart of Price to Sales of Live Nation Entertainment Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)