GTN
Gray Television
PE ratio, current and historical analysis
- Stocks
- Communication Services
- NYSE: GTN
- PE Ratio
The current PE ratio of GTN can't be determined, as the TTM EPS of -$1.51 is negative. The last recorded PE ratio for Gray Television was 12.57 in September 2025.
GTN PE ratio history
The average historical PE ratio of Gray Television for the last ten years is 11.21. 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.
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 |
|---|---|---|---|---|
| 2025 | N/A | N/A | $4.84 | -$1.41 |
| 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 |
Gray Television PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | N/A | N/A | $4.34 | -$1.51 |
| Dec 2025 | N/A | N/A | $4.84 | -$1.41 |
| Sep 2025 | 12.57 | 334.95% | $5.78 | $0.46 |
| Jun 2025 | 2.89 | 58.79% | $4.53 | $1.57 |
| Mar 2025 | 1.82 | 95.7% | $4.32 | $2.37 |
| 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 |
GTN Price vs fair value
GTN 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.
PE comparison
GTN PE vs peers
| Stock name | PE ratio | Market cap |
|---|---|---|
| FOXA Fox Corp | 12.67 | $20.5B |
| SBGI Sinclair Broadcast Group Inc | 14.86 | $1.01B |
| DIS Walt Disney Co | 16.51 | $179.78B |
| NXST Nexstar Media Group Inc | 34.44 | $5.1B |
| ONT Onterris Inc | 120 | $607.14M |
| EVC Entravision Communications Corp | N/A | $997.7M |
| SSP EW SCRIPPS Co | N/A | $259.06M |
| GTN Gray Television Inc | N/A | $403.76M |
Frequently asked questions
What is Gray Television's PE ratio?
The current price to earnings ratio of GTN can't be calculated, as its EPS of -$1.51 is negative.
What is the 3-year average PE ratio for Gray Television (GTN)?
The 3-year average price to earnings ratio for GTN stock is 12.4.
What is the 5-year average PE ratio for Gray Television (GTN)?
The 5-year average price to earnings ratio for GTN stock is 13.9.
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.
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.