GTN Gray Television PE ratio, current and historical analysis

The current PE ratio for Gray Television stock as of Apr 1, 2025 is 1.27. This is calculated based on the current EPS of $3.4 and the stock price of $4.32 per share.

GTN PE ratio history

How has GTN's PE ratio performed in the past

The average historical PE ratio of Gray Television for the last ten years is 12.51. The current P/E ratio of 1.27 is 90% lower than the historical average. In the past ten years, GTN's PE ratio peaked in the Jun 2024 quarter at 65, when the stock price was $5.2 and the EPS was $0.08. The lowest point was in the Dec 2024 quarter, when it reached 0.93 with a price of $3.15 and an EPS of $3.4.

Today
1.29
Average
12.51
Median
8.53
Minimum
0.93
Maximum
65

Gray Television PE ratio by year

Maximum annual increase: 950% in 2021

Maximum annual decrease: -94.94% in 2022

Year PE ratio PE change Price EPS
2024 0.93 N/A $3.15 $3.4
2023 N/A N/A $8.96 -$1.39
2022 2.55 -94.94% $11.19 $4.38
2021 50.4 950% $20.16 $0.4
2020 4.8 -71.34% $17.89 $3.73
2019 16.75 171.47% $21.44 $1.28
2018 6.17 32.12% $14.74 $2.39
2017 4.67 -62.55% $16.75 $3.59
2016 12.47 -55.62% $10.85 $0.87
2015 28.1 108.3% $16.3 $0.58
2014 13.49 -70.99% $11.2 $0.83
2013 46.5 787.4% $14.88 $0.32
2012 5.24 -90.3% $2.2 $0.42
2011 54 361.93% $1.62 $0.03
2010 11.69 N/A $1.87 $0.16

Gray Television PE ratio by quarter (TTM)

Year PE ratio PE change Price EPS
Dec 2024 0.93 -73.65% $3.15 $3.4
Sep 2024 3.53 -94.57% $5.36 $1.52
Jun 2024 65 N/A $5.2 $0.08
Mar 2024 N/A N/A $6.32 -$0.11
Dec 2023 N/A N/A $8.96 -$1.39
Sep 2023 9.11 174.4% $6.92 $0.76
Jun 2023 3.32 29.18% $7.88 $2.37
Mar 2023 2.57 0.78% $8.72 $3.39
Dec 2022 2.55 -52.6% $11.19 $4.38
Sep 2022 5.38 -58.58% $14.32 $2.66
Jun 2022 12.99 -61.74% $16.89 $1.3
Mar 2022 33.95 -32.64% $22.07 $0.65
Dec 2021 50.4 439.04% $20.16 $0.4
Sep 2021 9.35 56.35% $22.82 $2.44
Jun 2021 5.98 17.72% $23.4 $3.91

GTN average PE ratio chart

What is the average PE ratio of GTN for the past years

The current PE ratio of GTN is lower than the 3, 5 and 10-year averages.

3-year avg
11.71
5-year avg
13.48
10-year avg
12.51
15-year avg
15.13

GTN PE vs peers

What is GTN's PE ratio compared to its peers

In comparison to its peer stocks DIS and FOXA, GTN's PE ratio is lower. Gray Television's current PE ratio of 1.27 is lower than the average of its peers, which is 11.61.

Stock name PE ratio Market cap
GTN Gray Television Inc 1.29 $444.76M
SSP EW SCRIPPS Co 3 $262.7M
SBGI Sinclair Broadcast Group Inc 3.35 $1.05B
NXST Nexstar Media Group Inc 8.21 $5.44B
FOXA Fox Corp 11.8 $25.21B
DIS Walt Disney Co 31.18 $174.2B
EVC Entravision Communications Corp N/A $191.96M
MEG Montrose Environmental Group Inc N/A $467.02M

Frequently asked questions

What is Gray Television's PE ratio?

The price to earnings ratio for GTN stock is 1.27 as of Apr 1, 2025.

What is the 3-year average PE ratio for Gray Television (GTN)?

The 3-year average price to earnings ratio for GTN stock is 11.71.

What is the 5-year average PE ratio for Gray Television (GTN)?

The 5-year average price to earnings ratio for GTN stock is 13.48.

What is the highest PE ratio for GTN?

Over the last ten years, the quarterly PE ratio reached a historic high of 65 in the Jun 2024 quarter.

How does the current PE ratio for GTN compare to its historical average?

The current price to earnings ratio of GTN is 90% lower than the 10-year historical average.

Why is Gray Television's PE ratio so low?

GTN's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.

How is GTN's PE ratio calculated (Gray Television PE ratio formula)?

The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Apr 1, 2025), Gray Television's stock price is $4.32. The earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $3.4. Therefore, Gray Television's PE ratio for today is 1.27. PE RATIO(1.27) = STOCK PRICE($4.32) / TTM EPS($3.4)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.