SPHR PE Ratio & Valuation,Is SPHR Overvalued

SPHR Relative Valuation

SPHR's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, SPHR is overvalued; if below, it's undervalued.

Historical Valuation

Sphere Entertainment Co (SPHR) is now in the Overvalued zone, suggesting that its current forward PS ratio of 2.42 is considered Overvalued compared with the five-year average of 12.28. The fair price of Sphere Entertainment Co (SPHR) is between 30.90 to 72.49 according to relative valuation methord. Compared to the current price of 89.86 USD , Sphere Entertainment Co is Overvalued By 23.95%.

Relative Value

Fair Zone

30.90-72.49

Current Price：89.86

23.95%

Overvalued

-28.25

13.26

EV/EBITDA

Sphere Entertainment Co. (SPHR) has a current EV/EBITDA of 13.26. The 5-year average EV/EBITDA is 24.19. The thresholds are as follows: Strongly Undervalued below -14.32, Undervalued between -14.32 and 4.93, Fairly Valued between 43.44 and 4.93, Overvalued between 43.44 and 62.69, and Strongly Overvalued above 62.69. The current Forward EV/EBITDA of 13.26 falls within the Historic Trend Line -Fairly Valued range.

-33.92

EV/EBIT

Sphere Entertainment Co. (SPHR) has a current EV/EBIT of -33.92. The 5-year average EV/EBIT is 1.65. The thresholds are as follows: Strongly Undervalued below -132.79, Undervalued between -132.79 and -65.57, Fairly Valued between 68.88 and -65.57, Overvalued between 68.88 and 136.10, and Strongly Overvalued above 136.10. The current Forward EV/EBIT of -33.92 falls within the Historic Trend Line -Fairly Valued range.

2.42

Sphere Entertainment Co. (SPHR) has a current PS of 2.42. The 5-year average PS is 1.51. The thresholds are as follows: Strongly Undervalued below 0.11, Undervalued between 0.11 and 0.81, Fairly Valued between 2.21 and 0.81, Overvalued between 2.21 and 2.91, and Strongly Overvalued above 2.91. The current Forward PS of 2.42 falls within the Overvalued range.

15.25

P/OCF

Sphere Entertainment Co. (SPHR) has a current P/OCF of 15.25. The 5-year average P/OCF is -729.87. The thresholds are as follows: Strongly Undervalued below -6960.61, Undervalued between -6960.61 and -3845.24, Fairly Valued between 2385.50 and -3845.24, Overvalued between 2385.50 and 5500.87, and Strongly Overvalued above 5500.87. The current Forward P/OCF of 15.25 falls within the Historic Trend Line -Fairly Valued range.

16.93

P/FCF

Sphere Entertainment Co. (SPHR) has a current P/FCF of 16.93. The 5-year average P/FCF is 2.25. The thresholds are as follows: Strongly Undervalued below -26.69, Undervalued between -26.69 and -12.22, Fairly Valued between 16.72 and -12.22, Overvalued between 16.72 and 31.19, and Strongly Overvalued above 31.19. The current Forward P/FCF of 16.93 falls within the Overvalued range.

Sphere Entertainment Co (SPHR) has a current Price-to-Book (P/B) ratio of 1.47. Compared to its 3-year average P/B ratio of 0.66 , the current P/B ratio is approximately 123.39% higher. Relative to its 5-year average P/B ratio of 0.79, the current P/B ratio is about 86.53% higher. Sphere Entertainment Co (SPHR) has a Forward Free Cash Flow (FCF) yield of approximately -0.01%. Compared to its 3-year average FCF yield of -37.71%, the current FCF yield is approximately -99.99% lower. Relative to its 5-year average FCF yield of -33.89% , the current FCF yield is about -99.98% lower.

1.47

P/B

Median3y

0.66

Median5y

0.79

-0.01

FCF Yield

Median3y

-37.71

Median5y

-33.89

Competitors Valuation Multiple

The average P/S ratio for SPHR's competitors is 0.81, providing a benchmark for relative valuation. Sphere Entertainment Co Corp (SPHR) exhibits a P/S ratio of 2.42, which is 200% above the industry average. Given its robust revenue growth of -18.30%, this premium appears unsustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

Revenue Growth

Market Cap

Performance Decomposition

Market capitalization of SPHR increased by 122.69% over the past 1 year. The primary factor behind the change was an decrease in P/E Change from -4.69 to -12.07.

The secondary factor is the Margin Expansion, contributed -16.54%to the performance.

Overall, the performance of SPHR in the past 1 year is driven by P/E Change. Which is more unsustainable.

-18.30%

321.33M → 262.51M

Revenue Growth

-16.54%

-46.19 → -38.55

Margin Expansion

157.53%

-4.69 → -12.07

P/E Change

122.69%

40.32 → 89.79

Mkt Cap Growth

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Frequently Asked Questions

Is Sphere Entertainment Co (SPHR) currently overvalued or undervalued?

What is Sphere Entertainment Co (SPHR) fair value?

SPHR's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average , adjusted by weights. The fair price of Sphere Entertainment Co (SPHR) is between 30.90 to 72.49 according to relative valuation methord.

How does SPHR's valuation metrics compare to the industry average?

The average P/S ratio for SPHR's competitors is 0.81, providing a benchmark for relative valuation. Sphere Entertainment Co Corp (SPHR) exhibits a P/S ratio of 2.42, which is 200.00% above the industry average. Given its robust revenue growth of -18.30%, this premium appears unsustainable.

What is the current P/B ratio for Sphere Entertainment Co (SPHR) as of Dec 15 2025?

As of Dec 15 2025, Sphere Entertainment Co (SPHR) has a P/B ratio of 1.47. This indicates that the market values SPHR at 1.47 times its book value.

What is the current FCF Yield for Sphere Entertainment Co (SPHR) as of Dec 15 2025?

As of Dec 15 2025, Sphere Entertainment Co (SPHR) has a FCF Yield of -0.01%. This means that for every dollar of Sphere Entertainment Co’s market capitalization, the company generates -0.01 cents in free cash flow.

What is the current Forward P/E ratio for Sphere Entertainment Co (SPHR) as of Dec 15 2025?

As of Dec 15 2025, Sphere Entertainment Co (SPHR) has a Forward P/E ratio of -28.25. This means the market is willing to pay $-28.25 for every dollar of Sphere Entertainment Co’s expected earnings over the next 12 months.

What is the current Forward P/S ratio for Sphere Entertainment Co (SPHR) as of Dec 15 2025?

As of Dec 15 2025, Sphere Entertainment Co (SPHR) has a Forward P/S ratio of 2.42. This means the market is valuing SPHR at $2.42 for every dollar of expected revenue over the next 12 months.

SPHR Valuation