P/E ratio for News Corp (NWS)
P/E ratio as of June 2024 (TTM): 102
According to News Corp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 102.481. At the end of 2022 the company had a P/E ratio of 35.5.
P/E ratio history for News Corp from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 35.5 | 32.39% |
| 2021 | 26.8 | -320.07% |
| 2020 | -12.2 | -74% |
| 2019 | -46.8 | 811.81% |
| 2018 | -5.13 | -76.19% |
| 2017 | -21.6 | 16.93% |
| 2016 | -18.4 | -73.59% |
| 2015 | -69.8 | -308.29% |
| 2014 | 33.5 | -301.78% |
| 2013 | -16.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Walt Disney DIS | 80.6 | -21.33% | 🇺🇸 USA |
 New York Times NYT | 46.4 | -54.68% | 🇺🇸 USA |
 Thomson Reuters
TRI | 33.7 | -67.16% | 🇨🇦 Canada |
 Pearson PSO | 21.3 | -79.24% | 🇬🇧 UK |
 Lee Enterprises
LEE | -7.58 | -107.40% | 🇺🇸 USA |
 Gannett GCI | -25.9 | -125.26% | 🇺🇸 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.