Nexstar Media Group
NXST
#2584
Rank
C$8.97 B
Marketcap
C$296.04
Share price
-2.96%
Change (1 day)
19.55%
Change (1 year)

P/E ratio for Nexstar Media Group (NXST)

P/E ratio as of March 2026 (TTM): 70.0

According to Nexstar Media Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 69.9901. At the end of 2024 the company had a P/E ratio of 7.00.

P/E ratio history for Nexstar Media Group from 2004 to 2025

PE ratio at the end of each year

Year P/E ratio Change
20247.00
20226.38-4.79%
20216.7129.16%
20205.19-73.67%
201919.7158.67%
20187.6224.67%
20176.12-63.67%
201616.8-7.94%
201518.3-3.45%
201418.9-102.24%
2013-844-67331.97%
20121.26

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
Walt Disney
DIS
13.6-80.61%๐Ÿ‡บ๐Ÿ‡ธ USA
Comcast
CMCSA
5.23-92.52%๐Ÿ‡บ๐Ÿ‡ธ USA
Sinclair, Inc.
SBGI
-21.8-131.19%๐Ÿ‡บ๐Ÿ‡ธ USA
E. W. Scripps Company
SSP
-8.49-112.14%๐Ÿ‡บ๐Ÿ‡ธ USA
Gray Media
GTN
9.79-86.01%๐Ÿ‡บ๐Ÿ‡ธ USA
Entravision Communications
EVC
-2.31-103.30%๐Ÿ‡บ๐Ÿ‡ธ USA
Montrose Environmental
MEG
-25.6-136.61%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.