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MSGE logoMadison Square Garden Entertainment Corp. (MSGE) P/E Ratio History

Historical price-to-earnings valuation from 2020 to 2026

Current P/E
86.6
Overvalued
5Y Avg P/E
41.4
+109% vs avg
PE Percentile
92%
High
PEG Ratio
N/A
N/A
TTM EPS$1.18
Price$66.71
5Y PE Range11.2 - 101.4
Earnings Yield1.15%

Loading P/E history...

MSGE Valuation Context

How does the current P/E compare to historical and market benchmarks?

vs. 5Y Average
86.6vs41.4
+109%
Premium vs History
vs. Communication Services
86.6vs15.4
+464%
Above Sector
vs. S&P 500
86.6vs25.1
+245%
Above Market
PEG Analysis
N/A
P/E ÷ EPS Growth
Based on -74% EPS growth (1Y)
Export Data

P/E Ratio Analysis

As of May 8, 2026, Madison Square Garden Entertainment Corp. (MSGE) trades at a price-to-earnings ratio of 86.6x, with a stock price of $66.71 and trailing twelve-month earnings per share of $1.18.

The current P/E is 109% above its 5-year average of 41.4x. 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 15.4x, MSGE trades at a 464% premium to its sector peers. The sector includes 108 companies with P/E ratios ranging from 0.1x to 179.7x.

Relative to the broader market, MSGE commands a significant premium over the S&P 500 median P/E of 25.1x. 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 P/E vs Peers

P/E ratio compared to closely matched public peers

CompanyMarket CapP/E RatioPEG RatioEPS Growth (1Y)
EPR logoEPREPR Properties
$4B17.6-+105%
CHDN logoCHDNChurchill Downs Incorporated
$6B16.70.17Best-6%
CNK logoCNKCinemark Holdings, Inc.
$3B26.4--50%
IMAX logoIMAXIMAX Corporation
$2B56.6-+31%
TKO logoTKOTKO Group Holdings, Inc.
$37B83.069.62+4032%Best
SPOT logoSPOTSpotify Technology S.A.
$88B34.7-+91%
DIS logoDISThe Walt Disney Company
$193B15.9-+152%
CMCSA logoCMCSAComcast Corporation
$96B4.9Lowest0.26+30%

Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.

MSGE Historical P/E Data (2020–2026)

Quarterly P/E ratios calculated from closing price and TTM EPS

QuarterDatePriceTTM EPSP/E Ratiovs Avg
FY2026 Q3$58.91$0.8767.7x+64%
FY2026 Q2Wed Dec 31 2025 00:00:00 GM$53.89$1.0849.9x+21%
FY2026 Q1$45.24$0.7064.6x+56%
FY2025 Q4Mon Jun 30 2025 00:00:00 GM$39.97$0.7652.6x+27%
FY2025 Q3Mon Mar 31 2025 00:00:00 GM$32.74$2.7411.9x-71%
FY2025 Q2$35.60$2.6313.5x-67%
FY2025 Q1Mon Sep 30 2024 00:00:00 GM$42.53$3.6611.6x-72%
FY2024 Q4Sun Jun 30 2024 00:00:00 GM$34.23$3.0611.2x-73%
FY2024 Q3Sun Mar 31 2024 00:00:00 GM$39.21$1.1733.6x-19%
FY2024 Q2Sun Dec 31 2023 00:00:00 GM$31.79$1.5320.8x-50%
FY2024 Q1Sat Sep 30 2023 00:00:00 GM$32.91$0.8439.2x-5%
FY2023 Q4Fri Jun 30 2023 00:00:00 GM$33.62$0.5660.0x+45%

Average P/E for displayed period: 41.4x

See MSGE's True Return

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Is MSGE Undervalued?

DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.

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Compare MSGE vs NFLX

Side-by-side business, growth, and profitability comparison vs Netflix, Inc..

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MSGE — Frequently Asked Questions

Quick answers to the most common questions about buying MSGE stock.

Is MSGE stock overvalued or undervalued?

MSGE trades at 86.6x P/E, above its 5-year average of 41.4x. The 92th percentile ranking indicates a premium to historical valuation.

How does MSGE's valuation compare to peers?

Madison Square Garden Entertainment Corp. P/E of 86.6x compares to sector median of 15.4x. The premium reflects expected growth above peers.

What is MSGE's PEG ratio?

MSGE PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 2020-2026.

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MSGE P/E Ratio History (2020–2026)

P/E ratio calculated as closing price divided by trailing 12-month diluted EPS at each quarter end.