NXST
Nexstar Media Group
PE ratio, current and historical analysis
- Stocks
- Communication Services
- NASDAQ: NXST
- PE Ratio
As at Jul 13, 2026, the NXST stock has a PE ratio of 36.18. This is based on the current EPS of $4.85 and the stock price of $175.46 per share. An increase of 16% has been seen in the P/E ratio compared to the average of 31.3 of the last 4 quarters.
NXST PE ratio history
The mean historical PE ratio of Nexstar Media Group over the last ten years is 13.54. The current 36.18 PE ratio is 167% above the historical average. Over the past ten years, NXST's PE ratio was at its highest in the Dec 2025 quarter at 66.79, with a price of $203.05 and an EPS of $3.04. The Mar 2018 quarter recorded the bottom point at 5.91, with a price of $66.5 and an EPS of $11.26.
Nexstar Media Group PE ratio by year
Maximum annual increase: 818.71% in 2025
Maximum annual decrease: -74.15% in 2020
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 66.79 | 818.71% | $203.05 | $3.04 |
| 2024 | 7.27 | -54.65% | $157.97 | $21.73 |
| 2023 | 16.03 | 126.09% | $156.75 | $9.78 |
| 2022 | 7.09 | -6.96% | $175.03 | $24.68 |
| 2021 | 7.62 | 25.95% | $150.98 | $19.81 |
| 2020 | 6.05 | -74.15% | $109.19 | $18.06 |
| 2019 | 23.4 | 153.52% | $117.25 | $5.01 |
| 2018 | 9.23 | 22.58% | $78.64 | $8.52 |
| 2017 | 7.53 | -64.55% | $78.2 | $10.38 |
| 2016 | 21.24 | -9.54% | $63.3 | $2.98 |
| 2015 | 23.48 | -4.79% | $58.7 | $2.5 |
| 2014 | 24.66 | N/A | $51.79 | $2.1 |
| 2013 | N/A | N/A | $55.73 | -$0.06 |
| 2012 | 1.68 | N/A | $10.59 | $6.31 |
| 2011 | N/A | N/A | $7.84 | -$0.42 |
Nexstar Media Group PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 37.28 | -44.18% | $180.83 | $4.85 |
| Dec 2025 | 66.79 | 447.91% | $203.05 | $3.04 |
| Sep 2025 | 12.19 | 36.81% | $197.74 | $16.22 |
| Jun 2025 | 8.91 | -1.11% | $172.95 | $19.4 |
| Mar 2025 | 9.01 | 23.93% | $179.22 | $19.9 |
| Dec 2024 | 7.27 | -23.07% | $157.97 | $21.73 |
| Sep 2024 | 9.45 | -26.8% | $165.35 | $17.49 |
| Jun 2024 | 12.91 | -10.47% | $166.01 | $12.86 |
| Mar 2024 | 14.42 | -10.04% | $172.29 | $11.95 |
| Dec 2023 | 16.03 | 32.92% | $156.75 | $9.78 |
| Sep 2023 | 12.06 | 34.9% | $143.37 | $11.89 |
| Jun 2023 | 8.94 | 11.89% | $166.55 | $18.63 |
| Mar 2023 | 7.99 | 12.69% | $172.66 | $21.61 |
| Dec 2022 | 7.09 | 9.08% | $175.03 | $24.68 |
| Sep 2022 | 6.5 | -11.08% | $166.85 | $25.65 |
NXST Price vs fair value
NXST average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
The current PE ratio of NXST is greater than its 3, 5 and 10-year historical averages.
PE comparison
With a P/E of 36.18, NXST is above the Communication Services sector, the industry and its peers average. Compared to its Communication Services sector average of 25.64, Nexstar Media Group's P/E is 41% higher.
NXST PE vs peers
NXST's PE ratio is lower than its peer stock ONT, but it is greater than DIS's and CMCSA's. Nexstar Media Group's current PE ratio of 36.18 is above the average of its peers, which is 12.42.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CMCSA Comcast Corp | 4.68 | $85.63B |
| FOXA Fox Corp | 14.52 | $23.49B |
| SBGI Sinclair Broadcast Group Inc | 15.16 | $1.03B |
| DIS Walt Disney Co | 15.31 | $166.71B |
| NXST Nexstar Media Group Inc | 36.18 | $5.36B |
| ONT Onterris Inc | 143.07 | $723.87M |
| EVC Entravision Communications Corp | N/A | $1.03B |
| SSP EW SCRIPPS Co | N/A | $271.88M |
| GTN Gray Television Inc | N/A | $400.68M |
Frequently asked questions
What is Nexstar Media Group's PE ratio?
The price to earnings ratio for NXST stock as of Jul 13, 2026, stands at 36.18.
What is the 3-year average PE ratio for Nexstar Media Group (NXST)?
As an average over the last 3 years, NXST stock has a PE ratio of 18.76.
What is the 5-year average PE ratio for Nexstar Media Group (NXST)?
As an average over the last 5 years, NXST stock has a PE ratio of 14.09.
What is the highest PE ratio for NXST?
Over the last ten years, the quarterly PE ratio reached a historic high of 66.79 in the Dec 2025 quarter.
How does the current PE ratio for NXST compare to its historical average?
NXST's current price to earnings ratio is 167% above its 10-year historical average.
How is NXST's PE ratio calculated (Nexstar Media Group PE ratio formula)?
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Jul 13, 2026), Nexstar Media Group's stock price is $175.46. The earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $4.85. Therefore, Nexstar Media Group's P/E ratio for today is 36.18. PE RATIO(36.18) = STOCK PRICE($175.46) / TTM EPS($4.85)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.