The PE ratio for News stock stands at 75.42 as of Jul 25, 2024. The calculation is based on the latest EPS of $0.36 and the stock price of $27.15 per share. An increase of 4.3% has been observed in the PE ratio compared to its average of 72.3 of the last four quarters.
Over the last ten years, the average PE ratio of News has been 42.24. The current 75.42 P/E ratio is 79% 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 | 35.21 | $8.85B |
| NWSA News Corp | 76.31 | $15.65B |
| DIS Walt Disney Co | 96.7 | $163.95B |
| GCI Gannett Co Inc | N/A | $714.13M |
| LEE LEE ENTERPRISES Inc | N/A | $61.12M |
NWSA's price to earnings ratio is 75.42 as of Jul 25, 2024.
Over the last 3 years, the average price to earnings ratio for NWSA stock is 43.24.
Over the last 5 years, the average price to earnings ratio for NWSA stock is 43.47.
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 79% above its 10-year historical average.
NWSA's PE ratio is high because the stock price is relatively expensive compared to the earnings generated by the company.
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jul 25, 2024), News's share price is $27.15. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $0.36. Therefore, News's PE ratio for today is 75.42. PE RATIO(75.42) = STOCK PRICE($27.15) / TTM EPS($0.36)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.