TGNA Tegna PE ratio, current and historical analysis
The price-to-earnings ratio for Tegna stock stands at 6.54 as of Nov 22, 2024. This is based on the current EPS of $2.86 and the stock price of $18.71 per share. An increase of 13% has been recorded in the P/E ratio compared to the average of 5.8 of the last 4 quarters.
TGNA PE ratio history
Over the last ten years, the average PE ratio of Tegna has been 8.85. The current 6.54 PE ratio is 26% 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.
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
TGNA's current P/E ratio is lower than the 3, 5 and 10-year averages.
TGNA PE vs peers
TGNA's PE ratio is lower than its peer stock SCHL.
| Stock name | PE ratio | Market cap |
|---|---|---|
| TGNA Tegna Inc | 6.54 | $3.01B |
| SCHL Scholastic Corp | 42.43 | $716.38M |
| SSP EW SCRIPPS Co | N/A | $181.36M |
| LEE LEE ENTERPRISES Inc | N/A | $103.69M |
Frequently asked questions
What is Tegna's PE ratio?
As of Nov 22, 2024, TGNA stock has a price to earnings ratio of 6.54.
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 6.96.
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 7.54.
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 26% 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 (Nov 22, 2024), Tegna's stock price is $18.71. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $2.86. Therefore, Tegna's P/E ratio for today is 6.54. PE RATIO(6.54) = STOCK PRICE($18.71) / TTM EPS($2.86)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.