P/E ratio for E. W. Scripps Company (SSP)
P/E ratio as of September 2023 (TTM): -0.7707
According to E. W. Scripps Company 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.770718. At the end of 2021 the company had a P/E ratio of 24.0.
P/E ratio history for E. W. Scripps Company from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 24.0 | |
| 2019 | -69.1 | -202.1% |
| 2018 | 67.7 | -164.94% |
| 2017 | -104 | -536.64% |
| 2016 | 23.9 | -225.6% |
| 2015 | -19.0 | -117.25% |
| 2014 | 110 | -111.43% |
| 2013 | -964 | -7031.92% |
| 2012 | 13.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Comcast CMCSA | 28.1 | -3,745.65% | 🇺🇸 USA |
 Nexstar Media Group
NXST | 7.57 | -1,082.13% | 🇺🇸 USA |
 New York Times NYT | 38.4 | -5,077.76% | 🇺🇸 USA |
 Lee Enterprises
LEE | -6.33 | 720.96% | 🇺🇸 USA |
 Gannett GCI | -14.2 | 1,747.02% | 🇺🇸 USA |
 Montrose Environmental MEG | -15.9 | 1,959.77% | 🇺🇸 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.