Fox Corporation
FOX
#1189
Rank
$15.08 B
Marketcap
$31.09
Share price
-0.13%
Change (1 day)
6.29%
Change (1 year)
Fox Corporation or simply Fox is an American media company that primarily deals with TV channels, news broadcasts and sports broadcasts.

P/E ratio for Fox Corporation (FOX)

P/E ratio as of May 2024 (TTM): 15.2

According to Fox Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.1659. At the end of 2022 the company had a P/E ratio of 10.4.

P/E ratio history for Fox Corporation from 2019 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202210.4-25.19%
202113.922.52%
202011.4-10.35%
201912.7

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
82.6 444.73%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
10.6-30.08%๐Ÿ‡บ๐Ÿ‡ธ USA
-94.8-724.94%๐Ÿ‡บ๐Ÿ‡ธ USA
46.4 205.84%๐Ÿ‡บ๐Ÿ‡ธ USA
21.2 39.48%๐Ÿ‡ฌ๐Ÿ‡ง UK
22.4 47.50%๐Ÿ‡บ๐Ÿ‡ธ USA
-22.2-246.23%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.