As at Jul 25, 2024, the NXST stock has a PE ratio of 14.83. This is based on the current EPS of $11.95 and the stock price of $177.22 per share. An increase of 15% has been seen in the P/E ratio compared to the average of 12.9 of the last 4 quarters.
The mean historical PE ratio of Nexstar Media Group over the last ten years is 14.6. The current 14.83 PE ratio is comparable to the historical average. Over the past ten years, NXST's PE ratio was at its highest in the Sep 2014 quarter at 59.44, with a price of $40.42 and an EPS of $0.68. 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, 5 and 10-year historical averages.
NXST's PE ratio is lower than its peer stock DIS, but it is greater than CMCSA's and FOXA's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CMCSA Comcast Corp | 10.53 | $153.76B |
| FOXA Fox Corp | 11.72 | $17.51B |
| NXST Nexstar Media Group Inc | 15.35 | $6.02B |
| DIS Walt Disney Co | 96.7 | $163.95B |
| SBGI Sinclair Broadcast Group Inc | N/A | $1.02B |
| EVC Entravision Communications Corp | N/A | $199.2M |
| SSP EW SCRIPPS Co | N/A | $330.46M |
| MEG Montrose Environmental Group Inc | N/A | $1.08B |
| GTN Gray Television Inc | N/A | $642.41M |
The price to earnings ratio for NXST stock as of Jul 25, 2024, stands at 14.83.
As an average over the last 3 years, NXST stock has a PE ratio of 9.44.
As an average over the last 5 years, NXST stock has a PE ratio of 10.02.
Over the last ten years, the quarterly PE ratio reached a historic high of 59.44 in the Sep 2014 quarter.
NXST's current price to earnings ratio is 1.6% above 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 (Jul 25, 2024), Nexstar Media Group's stock price is $177.22. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $11.95. Therefore, Nexstar Media Group's P/E ratio for today is 14.83. PE RATIO(14.83) = STOCK PRICE($177.22) / TTM EPS($11.95)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.