The PE ratio for News stock stands at 47.65 as of Nov 21, 2024. The calculation is based on the latest EPS of $0.62 and the stock price of $29.54 per share. A decrease of 19% has been observed in the PE ratio compared to its average of 58.9 of the last four quarters.
Over the last ten years, the average PE ratio of News has been 43.61. The current 47.65 P/E ratio is 9% 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 |
---|---|---|
2024 | 58.66 | -21.79% |
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 |
Currently, NWSA's PE ratio is higher than its 3, 5 and 10-year averages.
NWSA's PE ratio stands higher than its peer stocks DIS and NYT.
Stock name | PE ratio | Market cap |
---|---|---|
NYT New York Times Co | 31.14 | $8.73B |
DIS Walt Disney Co | 42.18 | $207.75B |
NWSA News Corp | 47.65 | $16.8B |
GCI Gannett Co Inc | N/A | $759.16M |
LEE LEE ENTERPRISES Inc | N/A | $99.67M |
NWSA's price to earnings ratio is 47.65 as of Nov 21, 2024.
Over the last 3 years, the average price to earnings ratio for NWSA stock is 45.74.
Over the last 5 years, the average price to earnings ratio for NWSA stock is 44.52.
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 9% 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 (Nov 21, 2024), News's share price is $29.54. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $0.62. Therefore, News's PE ratio for today is 47.65. PE RATIO(47.65) = STOCK PRICE($29.54) / TTM EPS($0.62)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.