Live Nation Entertainment Inc Price/Sales

What is the Price/Sales of Live Nation Entertainment Inc?

The Price/Sales of Live Nation Entertainment Inc is 0.71

What is the definition of Price/Sales?

Price to sales ratio is a company’s stock price compared to its revenues.

ttm (trailing twelve months)

The price to sales ratio, Price/Sales ratio, P/S ratio, or PSR, is a valuation metric for stocks. It is calculated by dividing the company's market cap by the revenue in the most recent year. It can also be calculated by dividing the per-share stock price by per-share revenue. The price to sales ratio is for trailing twelve months so the reported sales are for the four previous quarters. Longer time periods can be examined at times.

A smaller price to sales ratio is usually thought to be a better investment since the investor is paying less for each unit of sales. However, sales do not reveal the whole picture, as the company may be unprofitable with a low P/S ratio. Because of the limitations, this ratio is usually used only for unprofitable companies, since they don't have a price to earnings ratio (P/E ratio). The metric can be used to determine the value of a stock relative to its past performance. It may also be used to determine relative valuation of a sector or the market as a whole.

Price to sales ratios vary greatly between sectors, so they are most useful in comparing similar stocks within a sector or sub-sector. Comparing P/S ratios carries the implicit assumption that all firms in the comparison have an identical capital structure.

What does Live Nation Entertainment Inc do?

named one of the top 100 indemand employers in north america by linkedin, live nation is the global leader in live entertainment and ticketing, and we offer a world of opportunity. our ticketmaster team doesn't just embrace new technology, we develop ground-breaking software and applications to support our world-leading ticketing platform. our mix of legendary and brand new venues and restaurants, including the house of blues, offer an array of hospitality careers. and our unparalleled roster of artists are supported by diverse professionals in all facets of finance, marketing and other corporate operations. generous vacation, healthcare and retirement benefits are just the foundation of supporting our global workforce of more than 10,000. we offer continuing professional development in addition to tuition reimbursement. we also provide paid time off to bond with a new child (plus a bonus to help with expenses); paid time off to care for a sick child and to volunteer for causes that

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