The current PE ratio for Gray Television stock as of Dec 20, 2024 is 1.97. This is calculated based on the current EPS of $1.52 and the stock price of $2.99 per share.
The average historical PE ratio of Gray Television for the last ten years is 12.91. The current P/E ratio of 1.97 is 85% 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 2022 quarter, when it reached 2.55 with a price of $11.19 and an EPS of $4.38.
Maximum annual increase: 950% in 2021
Maximum annual decrease: -94.94% in 2022
Year | PE ratio | Change |
---|---|---|
2023 | N/A | N/A |
2022 | 2.55 | -94.94% |
2021 | 50.4 | 950% |
2020 | 4.8 | -71.34% |
2019 | 16.75 | 171.47% |
2018 | 6.17 | 32.12% |
2017 | 4.67 | -62.55% |
2016 | 12.47 | -55.62% |
2015 | 28.1 | 108.3% |
2014 | 13.49 | -70.99% |
The current PE ratio of GTN is lower than the 3, 5 and 10-year averages.
In comparison to its peer stocks DIS and FOXA, GTN's PE ratio is lower.
Stock name | PE ratio | Market cap |
---|---|---|
GTN Gray Television Inc | 1.97 | $298M |
NXST Nexstar Media Group Inc | 9.06 | $4.92B |
FOXA Fox Corp | 12.02 | $22.62B |
DIS Walt Disney Co | 41.19 | $202.88B |
SBGI Sinclair Broadcast Group Inc | N/A | $1.07B |
EVC Entravision Communications Corp | N/A | $221.37M |
SSP EW SCRIPPS Co | N/A | $169.27M |
MEG Montrose Environmental Group Inc | N/A | $584.14M |
The price to earnings ratio for GTN stock is 1.97 as of Dec 20, 2024.
The 3-year average price to earnings ratio for GTN stock is 18.88.
The 5-year average price to earnings ratio for GTN stock is 13.91.
Over the last ten years, the quarterly PE ratio reached a historic high of 65 in the Jun 2024 quarter.
The current price to earnings ratio of GTN is 85% lower than the 10-year historical average.
GTN's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.
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 (Dec 20, 2024), Gray Television's stock price is $2.99. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $1.52. Therefore, Gray Television's PE ratio for today is 1.97. PE RATIO(1.97) = STOCK PRICE($2.99) / TTM EPS($1.52)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.