P/E ratio for Fox Corporation (FOX)
P/E ratio as of June 2024 (TTM): 15.1
According to Fox Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.1366. 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 |
|---|---|---|
| 2022 | 10.4 | -25.19% |
| 2021 | 13.9 | 22.52% |
| 2020 | 11.4 | -10.35% |
| 2019 | 12.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Walt Disney DIS | 81.9 | 440.88% | 🇺🇸 USA |
 Discovery DISCA | N/A | N/A | 🇺🇸 USA |
 Comcast CMCSA | 10.3 | -32.18% | 🇺🇸 USA |
 AMC Networks
AMCX | -56.6 | -474.00% | 🇺🇸 USA |
 New York Times NYT | 46.4 | 206.68% | 🇺🇸 USA |
 Pearson PSO | 21.4 | 41.27% | 🇬🇧 UK |
 Graham Holdings GHC | 21.4 | 41.36% | 🇺🇸 USA |
 Gannett GCI | -25.8 | -270.21% | 🇺🇸 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.