As at May 1, 2024, the NXST stock has a PE ratio of 16.53. This is based on the current EPS of $9.78 and the stock price of $161.65 per share. An increase of 47% has been seen in the P/E ratio compared to the average of 11.3 of the last 4 quarters.
The mean historical PE ratio of Nexstar Media Group over the last ten years is 18.64. The current 16.53 PE ratio is 11% below the historical average. Over the past ten years, NXST's PE ratio was at its highest in the Jun 2014 quarter at 172.03, with a price of $51.61 and an EPS of $0.3. The Mar 2018 quarter recorded the bottom point at 5.91, with a price of $66.5 and an EPS of $11.26.
Maximum annual increase: 153.52% in 2019
Maximum annual decrease: -74.15% in 2020
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 16.03 | 126.09% |
| 2022 | 7.09 | -6.96% |
| 2021 | 7.62 | 25.95% |
| 2020 | 6.05 | -74.15% |
| 2019 | 23.4 | 153.52% |
| 2018 | 9.23 | 22.58% |
| 2017 | 7.53 | -64.55% |
| 2016 | 21.24 | -9.54% |
| 2015 | 23.48 | -4.79% |
| 2014 | 24.66 | N/A |
The current PE ratio of NXST is greater than its 3 and 5-year historical averages, but it is below the 10-year average.
NXST's PE ratio is lower than its peer stocks DIS and FOXA, but it is greater than CMCSA's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CMCSA Comcast Corp | 10.15 | $150.49B |
| NXST Nexstar Media Group Inc | 16.82 | $5.5B |
| FOXA Fox Corp | 18.74 | $15.04B |
| DIS Walt Disney Co | 68.67 | $206.58B |
| SBGI Sinclair Broadcast Group Inc | N/A | $844.63M |
| EVC Entravision Communications Corp | N/A | $205.89M |
| SSP EW SCRIPPS Co | N/A | $357.92M |
| MEG Montrose Environmental Group Inc | N/A | $1.34B |
| GTN Gray Television Inc | N/A | $625.99M |
The price to earnings ratio for NXST stock as of May 1, 2024, stands at 16.53.
As an average over the last 3 years, NXST stock has a PE ratio of 8.75.
As an average over the last 5 years, NXST stock has a PE ratio of 9.91.
Over the last ten years, the quarterly PE ratio reached a historic high of 172.03 in the Jun 2014 quarter.
NXST's current price to earnings ratio is 11% below its 10-year historical average.
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (May 1, 2024), Nexstar Media Group's stock price is $161.65. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $9.78. Therefore, Nexstar Media Group's P/E ratio for today is 16.53. PE RATIO(16.53) = STOCK PRICE($161.65) / TTM EPS($9.78)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.