Madison Square Garden Entertainment Corp. (MSGE) P/E Ratio History
ExpensiveTrading at 95.4x vs 5Y avg 40.4x · 92th percentile · Material premium to history · Data 2020–2026
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P/E Ratio Analysis
As of June 22, 2026, Madison Square Garden Entertainment Corp. (MSGE) trades at a price-to-earnings ratio of 95.4x, with a stock price of $73.43 and trailing twelve-month earnings per share of $1.37.
The current P/E is 136% above its 5-year average of 40.4x. Over the past five years, MSGE's P/E has ranged from a low of 11.2x to a high of 101.4x, placing the current valuation at the 92th percentile of its historical range.
Compared to the Communication Services sector median P/E of 15.3x, MSGE trades at a 523% premium to its sector peers. The sector includes 110 companies with P/E ratios ranging from 0.1x to 161.8x.
Relative to the broader market, MSGE commands a significant premium over the S&P 500 median P/E of 24.4x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our MSGE DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
MSGE Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
MSGE P/E vs Peers
Live Events and Sports Operators peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $4B | 17.5 | - | +105% | |
| $6B | 16.6 | 0.17Best | -6% | |
| $4B | 32.5 | - | -50% | |
| $2B | 70.4 | - | +31% | |
| $39B | 88.0 | 73.79 | +4032%Best | |
| $96B | 38.9 | - | +91% | |
| $180B | 15.2 | - | +152% | |
| $82B | 4.2Lowest | 0.22 | +30% |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
MSGE Historical P/E Data (2020–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q3 | - | $58.91 | $1.08 | 54.5x | +35% |
| FY2026 Q2 | Dec 31 2025 | $53.89 | $1.08 | 49.9x | +24% |
| FY2026 Q1 | - | $45.24 | $0.70 | 64.6x | +60% |
| FY2025 Q4 | Jun 30 2025 | $39.97 | $0.76 | 52.6x | +30% |
| FY2025 Q3 | Mar 31 2025 | $32.74 | $2.74 | 11.9x | -70% |
| FY2025 Q2 | - | $35.60 | $2.63 | 13.5x | -66% |
| FY2025 Q1 | Sep 30 2024 | $42.53 | $3.66 | 11.6x | -71% |
| FY2024 Q4 | Jun 30 2024 | $34.23 | $3.06 | 11.2x | -72% |
| FY2024 Q3 | Mar 31 2024 | $39.21 | $1.17 | 33.6x | -17% |
| FY2024 Q2 | Dec 31 2023 | $31.79 | $1.53 | 20.8x | -49% |
| FY2024 Q1 | Sep 30 2023 | $32.91 | $0.84 | 39.2x | -3% |
| FY2023 Q4 | Jun 30 2023 | $33.62 | $0.56 | 60.0x | +49% |
| FY2020 Q4 | - | $75.00 | $0.74 | 101.4x | +151% |
Average P/E for displayed period: 40.4x
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
6+ years return with dividends reinvested.
DCA Calculator
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Peer Comparison
Compare growth, multiples, and margins vs sector.
MSGE — Frequently Asked Questions
Quick answers to the most common questions about buying MSGE stock.
What is MSGE's P/E ratio?
Madison Square Garden Entertainment Corp. (MSGE) trailing twelve-month P/E ratio is 95.4x, based on TTM diluted EPS of $1.37. The 5-year average P/E is 40.4x and the historical range spans 11.2x to 101.4x.
Is MSGE stock overvalued or undervalued?
MSGE trades at 95.4x P/E, above its 5-year average of 40.4x. The 92th percentile ranking within the 11.2x–101.4x historical range indicates a premium to historical valuation.
Is MSGE stock expensive?
Yes, MSGE is expensive relative to its own history. The current P/E of 95.4x is above the 5-year average of 40.4x and also above the Communication Services sector median of 15.3x. The stock sits at the 92th percentile of its 5-year valuation range.
What is MSGE's historical P/E range?
Over the past 5 years, MSGE's P/E ratio has ranged from 11.2x to 101.4x, with a median of 39.2x and an average of 40.4x. The current P/E of 95.4x places the stock at the 92th percentile of this range. Full historical data spans 2020–2026.
How does MSGE's P/E compare to the S&P 500?
MSGE trades at 95.4x P/E versus the S&P 500 median of 24.4x. The 291% premium to the market typically reflects higher expected earnings growth or quality.
How does MSGE's valuation compare to Communication Services peers?
Madison Square Garden Entertainment Corp. P/E of 95.4x compares to the Communication Services sector median of 15.3x. The premium reflects expected growth above peers or stronger fundamentals. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.
What is MSGE's PEG ratio?
MSGE PEG ratio is N/A, based on a P/E of 95.4x and EPS growth of -74.1%. PEG normalises P/E by growth and helps compare stocks with different earnings trajectories.
What is MSGE's earnings yield?
MSGE earnings yield is 1.05%, the inverse of its 95.4x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.