The current PE ratio for New York Times stock as of Apr 26, 2024 is 30.62. This is calculated based on the TTM EPS of $1.41 and the stock price of $43.17 per share. The PE ratio marks a decrease of 13% from its last 4 quarters average of 35.2.
The average historical PE ratio of New York Times for the last ten years is 78.78. The current P/E ratio of 30.62 is 61% lower than the historical average. Looking back at the last ten years, NYT's PE ratio peaked in the Dec 2017 quarter at 616.67, when the price was $18.5 and the EPS was $0.03. The lowest point was in the Jun 2022 quarter, when it reached 25.79 with a price of $29.66 and an EPS of $1.15.
Maximum annual increase: 716.13% in 2017
Maximum annual decrease: -95.22% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 34.74 | 11.31% |
| 2022 | 31.21 | -13.71% |
| 2021 | 36.17 | -57.74% |
| 2020 | 85.58 | 124.33% |
| 2019 | 38.15 | 29.45% |
| 2018 | 29.47 | -95.22% |
| 2017 | 616.67 | 716.13% |
| 2016 | 75.56 | 109.13% |
| 2015 | 36.13 | -41.47% |
| 2014 | 61.73 | 72.24% |
NYT's current PE ratio is lower than its 3, 5 and 10-year averages.
NYT's PE ratio stands lower than its peer stock NWSA, but it is higher than DJCO's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| DJCO Daily Journal Corp | 28.6 | $464.33M |
| NYT New York Times Co | 30.96 | $7.16B |
| NWSA News Corp | 60.44 | $13.81B |
| SSP EW SCRIPPS Co | N/A | $327.39M |
| GCI Gannett Co Inc | N/A | $360.13M |
| LEE LEE ENTERPRISES Inc | N/A | $78.02M |
NYT stock has a price to earnings ratio of 30.62 as of Apr 26, 2024.
The average PE ratio for NYT stock over the past 3 years is 37.31.
The average PE ratio for NYT stock over the past 5 years is 43.04.
Over the last ten years, the quarterly PE ratio reached its highest level at 616.67 in the Dec 2017 quarter.
The current PE ratio of NYT is 61% lower than the 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Apr 26, 2024), New York Times's share price is $43.17. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $1.41. Therefore, New York Times's PE ratio for today is 30.62. PE RATIO(30.62) = STOCK PRICE($43.17) / TTM EPS($1.41)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.