The PE ratio for News stock stands at 60.0 as of May 2, 2024. The calculation is based on the latest EPS of $0.4 and the stock price of $24 per share. A decrease of 5% has been observed in the PE ratio compared to its average of 63.3 of the last four quarters.
Over the last ten years, the average PE ratio of News has been 40.54. The current 60.0 P/E ratio is 48% higher than the historical average. Looking back at the last ten years, NWSA's PE ratio peaked in the Sep 2023 quarter at 80.24, with a price of $20.06 and an EPS of $0.25. The Jun 2022 quarter marked the lowest point at 14.7, with a price of $15.58 and an EPS of $1.06.
Maximum annual increase: 410.2% in 2023
Maximum annual decrease: -68.06% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 75 | 410.2% |
| 2022 | 14.7 | -68.06% |
| 2021 | 46.02 | N/A |
| 2020 | N/A | N/A |
| 2019 | 49.96 | N/A |
| 2018 | N/A | N/A |
| 2017 | N/A | N/A |
| 2016 | 37.83 | N/A |
| 2015 | N/A | N/A |
| 2014 | 43.76 | N/A |
Currently, NWSA's PE ratio is higher than its 3, 5 and 10-year averages.
NWSA's PE ratio stands lower than its peer stock DIS, but it is higher than NYT's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NYT New York Times Co | 31.52 | $7.29B |
| NWSA News Corp | 60 | $13.71B |
| DIS Walt Disney Co | 68.67 | $206.58B |
| GCI Gannett Co Inc | N/A | $451.5M |
| LEE LEE ENTERPRISES Inc | N/A | $76.79M |
NWSA's price to earnings ratio is 60 as of May 2, 2024.
Over the last 3 years, the average price to earnings ratio for NWSA stock is 40.81.
Over the last 5 years, the average price to earnings ratio for NWSA stock is 41.58.
Over the last ten years, the Sep 2023 quarter recorded the highest quarterly PE ratio at 80.24.
NWSA's current price to earnings ratio is 48% above its 10-year historical average.
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (May 2, 2024), News's share price is $24. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $0.4. Therefore, News's PE ratio for today is 60. PE RATIO(60) = STOCK PRICE($24) / TTM EPS($0.4)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.