Madison Square Garden Historical PE Ratio
This MSGE historical PE ratio page, which was last updated 8/10/2026, presents historical price to earnings information for Madison Square Garden under both the TTM method and
the annualized method, and presented in both tabular and graphical format for ease of study.
MSGE Historical PE Ratio Notes
— Madison Square Garden Entertainment Corp. (MSGE) is a leading live entertainment company operating iconic venues, including Madison Square Garden, Radio City Music Hall, Beacon Theatre, and Chicago Theatre. It generates revenue primarily through ticket sales, premium hospitality, advertising, and sponsorships associated with concerts, family shows, and other live events. MSGE's financial performance & historical P/E ratio are highly influenced by the cyclical and event-driven nature of live entertainment. External factors like economic downturns, public health crises (such as the COVID-19 pandemic), and touring schedules can cause significant swings in earnings, leading to considerable volatility in the company’s historical P/E ratios. For example, during periods with limited live events—whether from industry-wide disruptions or fewer noteworthy bookings—earnings may drop sharply, inflating the P/E ratio, sometimes to levels that may not reflect the company’s long-term earning potential. Conversely, years packed with high-demand events can boost earnings, resulting in a lower P/E ratio. As you review MSGE’s historical P/E data, it is important to contextualize fluctuations in light of these operational dynamics and external impacts, rather than viewing the ratios in isolation.
How should the MSGE historical PE ratio be determined?
Realizing that PE stands for Price to Earnings ratio, we need two values to compute it: stock price and earnings per share. The stock price at any given date is a known historical value, but what about the earnings number to use?
✔️Accepted answer:
There are a number of different approaches when it comes to calculating a historical PE ratio for a company like Madison Square Garden. We like to take our measurements on each of the past quarterly earnings reports. That only leaves the question of whether the earnings number at that quarterly report should be used on an annualized basis, or some other method. We approach this question using three different methods, on this MSGE Historical PE Ratio page.
What is the average historical PE for MSGE based on annualized quarterly earnings?
As we look back through earnings history, what is the resulting PE calculation if at each measurement period we use that quarter's earnings result annualized?
✔️Accepted answer:
The MSGE historical PE ratio using the annualized quarterly earnings method works out to 73.1.
What is the average historical PE for MSGE based on trailing twelve month earnings?
As we look back through earnings history, what is the resulting PE calculation if at each measurement period we use the trailing twelve months combined earnings result in the calculation?
✔️Accepted answer:
The MSGE historical PE ratio using the TTM earnings method works out to 37.7.
On this page we presented the
MSGE Historical PE Ratio information for Madison Square Garden' stock.
The average MSGE historical PE based on using the annualized quarterly earnings result at each measurement period (for the "E" in the PE calculation; and the closing price on earnings date as the "P") is 73.1. Meanwhile, using the trailing twelve month (TTM) quarterly earnings result as our method of calculation the "E" value at each measurement period, the average MSGE historical PE based on this TTM earnings result method is 37.7. Note: any PE calculations involving negative earnings were discarded as not meaningful.
Let's now compare this MSGE historical PE result, against the recent PE: when this page was posted on 8/7/2026, the most recent closing price for MSGE had been 76.55, and the most recent quarterly earnings result, annualized, was 0.44. Meanwhile, the most recent TTM earnings summed to 1.02. From these numbers, we calculate the recent MSGE PE on 8/7/2026 based on annualized quarterly EPS was 174.0. Based on MSGE's history, that recent PE is elevated relative to the historical average, with the recent PE 138.0% higher than the historical average PE across our data set for Madison Square Garden. Looking at the recent MSGE PE on 8/7/2026 based on TTM EPS, we calculate the ratio at 75.0. Based on MSGE's history, that recent PE is elevated relative to the historical average, with the recent PE 98.9% higher than the historical average PE across our Madison Square Garden data set with TTM EPS used in the calculation at each period.
For self directed investors doing their due diligence on MSGE or any other given stock, valuation analysis for MSGE
can greatly benefit from studying the past earnings and resulting PE calculations. This exercise can help inform an analysis
as to whether the past earnings trajectory and current versus historical PE ratios justify the current stock value.
That's why we bring you
HistoricalPERatio.com to make it easy for investors to investigate
Madison Square Garden PE history or the past PE information for any stock in our coverage universe.
And in your continued research we hope you will be sure to check out the further links included for earnings
surprises history (beat/miss data) as well as next earnings dates for MSGE. Thanks for visiting, and the next
time you need to research
MSGE Historical PE Ratio or the ratio for another stock, we hope you'll think of our site, as your
go-to historical PE ratio research resource of choice.