Madison Square Garden Entertainment Corp. (MSGE) P/E Ratio History
Historical price-to-earnings valuation from 2020 to 2026
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Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of February 28, 2026, Madison Square Garden Entertainment Corp. (MSGE) trades at a price-to-earnings ratio of 82.0x, with a stock price of $63.14 and trailing twelve-month earnings per share of $1.09.
The current P/E is 109% above its 5-year average of 39.2x. 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 15.1x, MSGE trades at a 442% premium to its sector peers. The sector includes 108 companies with P/E ratios ranging from 0.5x to 181.8x.
Relative to the broader market, MSGE commands a significant premium over the S&P 500 median P/E of 26.2x. 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.
Peer Comparison
P/E metrics vs. Live Events and Sports Operators peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
TKOTKO Group Holdings, Inc. | $26B | 99.1 | 83.11Best | +4032%Best |
MSGEMadison Square Garden Entertainment Corp. | $3B | 82.0 | - | -74% |
TDICDreamland Limited Class A Ordinary Shares | $6M | 6.3Lowest | - | -9% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
Historical P/E Data
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q2 | Wed Dec 31 2025 00:00:00 GM | $53.89 | $1.08 | 49.9x | +27% |
| FY2026 Q1 | $45.24 | $0.70 | 64.6x | +65% | |
| FY2025 Q4 | Mon Jun 30 2025 00:00:00 GM | $39.97 | $0.76 | 52.6x | +34% |
| FY2025 Q3 | Mon Mar 31 2025 00:00:00 GM | $32.74 | $2.74 | 11.9x | -70% |
| FY2025 Q2 | $35.60 | $2.63 | 13.5x | -65% | |
| FY2025 Q1 | Mon Sep 30 2024 00:00:00 GM | $42.53 | $3.66 | 11.6x | -70% |
| FY2024 Q4 | Sun Jun 30 2024 00:00:00 GM | $34.23 | $3.06 | 11.2x | -71% |
| FY2024 Q3 | Sun Mar 31 2024 00:00:00 GM | $39.21 | $1.17 | 33.6x | -14% |
| FY2024 Q2 | Sun Dec 31 2023 00:00:00 GM | $31.79 | $1.53 | 20.8x | -47% |
| FY2024 Q1 | Sat Sep 30 2023 00:00:00 GM | $32.91 | $0.84 | 39.2x | -0% |
| FY2023 Q4 | Fri Jun 30 2023 00:00:00 GM | $33.62 | $0.56 | 60.0x | +53% |
| FY2020 Q4 | $75.00 | $0.74 | 101.4x | +159% |
Average P/E for displayed period: 39.2x
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Start ComparisonFrequently Asked Questions
Is MSGE stock overvalued or undervalued?
MSGE trades at 82.0x P/E, above its 5-year average of 39.2x. 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 82.0x compares to sector median of 15.1x. 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.