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TGNA Tegna PE ratio, current and historical analysis

The price-to-earnings ratio for Tegna stock stands at 4.99 as of May 22, 2024. This is based on the current EPS of $2.89 and the stock price of $14.42 per share. A decrease of 11% has been recorded in the P/E ratio compared to the average of 5.6 of the last 4 quarters.

TGNA PE ratio history

How has TGNA's PE ratio performed in the past

Over the last ten years, the average PE ratio of Tegna has been 9.33. The current 4.99 PE ratio is 47% below the historical average. In the past ten years, TGNA's PE ratio was at its highest in the Sep 2017 quarter at 27.2, with a price of $13.33 and an EPS of $0.49. The Sep 2018 quarter recorded the bottom point at 4.69, with a price of $11.96 and an EPS of $2.55.

Average
9.33
Median
8.18
Minimum
4.69
Maximum
27.2

Tegna PE ratio by year

Maximum annual increase: 118.69% in 2019

Maximum annual decrease: -60.62% in 2014

Year PE ratio Change
2023 6.68 -11.05%
2022 7.51 -12.98%
2021 8.63 36.12%
2020 6.34 -49.84%
2019 12.64 118.69%
2018 5.78 -47.88%
2017 11.09 4.72%
2016 10.59 -15.35%
2015 12.51 84.79%
2014 6.77 -60.62%

TGNA average PE ratio chart

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

TGNA's current P/E ratio is lower than the 3, 5 and 10-year averages.

3-year avg
7.21
5-year avg
7.84
10-year avg
9.33
15-year avg
9.4

TGNA PE vs peers

What is TGNA's PE ratio compared to its peers

TGNA's PE ratio is lower than its peer stock SCHL.

Stock name PE ratio Market cap
TGNA Tegna Inc 4.99 $2.45B
SCHL Scholastic Corp 24.75 $1.06B
SSP EW SCRIPPS Co N/A $248.48M
LEE LEE ENTERPRISES Inc N/A $75.87M

Frequently asked questions

What is Tegna's PE ratio?

As of May 22, 2024, TGNA stock has a price to earnings ratio of 4.99.

What is the 3-year average PE ratio for Tegna (TGNA)?

Over the last 3 years, the average price to earnings ratio for TGNA stock is 7.21.

What is the 5-year average PE ratio for Tegna (TGNA)?

Over the last 5 years, the average price to earnings ratio for TGNA stock is 7.84.

What is the highest PE ratio for TGNA?

Over the last ten years, the quarterly PE ratio reached a historic high of 27.2 in the Sep 2017 quarter.

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

TGNA's current price to earnings ratio is 47% below its 10-year historical average.

Why is Tegna's PE ratio so low?

A company with a lower PE ratio may indicate that the market has lower growth expectations for the company's future earnings.

How is TGNA's PE ratio calculated (Tegna PE ratio formula)?

The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (May 22, 2024), Tegna's stock price is $14.42. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.89. Therefore, Tegna's P/E ratio for today is 4.99. PE RATIO(4.99) = STOCK PRICE($14.42) / TTM EPS($2.89)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.