NXST Nexstar Media Group PE ratio, current and historical analysis
As at Feb 21, 2025, the NXST stock has a PE ratio of 8.55. This is based on the current EPS of $17.49 and the stock price of $149.56 per share. A decrease of 35% has been seen in the P/E ratio compared to the average of 13.2 of the last 4 quarters.
NXST PE ratio history
The mean historical PE ratio of Nexstar Media Group over the last ten years is 13.01. The current 8.55 PE ratio is 34% below the historical average. Over the past ten years, NXST's PE ratio was at its highest in the Mar 2017 quarter at 29.11, with a price of $70.15 and an EPS of $2.41. 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: 153.52% in 2019
Maximum annual decrease: -74.15% in 2020
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 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 |
| 2010 | N/A | N/A | $5.99 | -$0.06 |
| 2009 | N/A | N/A | $4.05 | -$0.44 |
Nexstar Media Group PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 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 |
| Jun 2022 | 7.31 | -17.31% | $162.88 | $22.27 |
| Mar 2022 | 8.84 | 16.01% | $188.48 | $21.31 |
| Dec 2021 | 7.62 | 8.24% | $150.98 | $19.81 |
| Sep 2021 | 7.04 | 3.68% | $151.96 | $21.6 |
| Jun 2021 | 6.79 | -6.86% | $147.88 | $21.77 |
| Mar 2021 | 7.29 | 20.5% | $140.43 | $19.27 |
NXST average PE ratio chart
The current PE ratio of NXST is below the 3, 5 and 10-year averages.
NXST PE vs peers
NXST's PE ratio is lower than its peer stocks DIS and CMCSA, but it is greater than GTN's. Nexstar Media Group's current PE ratio of 8.55 is below the average of its peers, which is 14.61.
| Stock name | PE ratio | Market cap |
|---|---|---|
| GTN Gray Television Inc | 2.5 | $378.74M |
| NXST Nexstar Media Group Inc | 8.55 | $4.64B |
| CMCSA Comcast Corp | 8.69 | $137.02B |
| FOXA Fox Corp | 12.09 | $25.82B |
| DIS Walt Disney Co | 35.17 | $196.43B |
| SBGI Sinclair Broadcast Group Inc | N/A | $963.1M |
| EVC Entravision Communications Corp | N/A | $197.97M |
| SSP EW SCRIPPS Co | N/A | $154.59M |
| MEG Montrose Environmental Group Inc | N/A | $608.5M |
Frequently asked questions
What is Nexstar Media Group's PE ratio?
The price to earnings ratio for NXST stock as of Feb 21, 2025, stands at 8.55.
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 10.14.
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 9.06.
What is the highest PE ratio for NXST?
Over the last ten years, the quarterly PE ratio reached a historic high of 29.11 in the Mar 2017 quarter.
How does the current PE ratio for NXST compare to its historical average?
NXST's current price to earnings ratio is 34% below its 10-year historical average.
Why is Nexstar Media Group's PE ratio so low?
NXST's PE ratio is low because its earnings per share (EPS) is high relative to its stock price.
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 (Feb 21, 2025), Nexstar Media Group's stock price is $149.56. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $17.49. Therefore, Nexstar Media Group's P/E ratio for today is 8.55. PE RATIO(8.55) = STOCK PRICE($149.56) / TTM EPS($17.49)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.