P/E ratio for Fox Corporation (FOX)
P/E ratio as of March 2023 (TTM): 14.7
According to Fox Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.7192. At the end of 2021 the company had a P/E ratio of 14.0.
P/E ratio history for Fox Corporation from 2019 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 14.0 | 22.54% |
| 2020 | 11.4 | -10% |
| 2019 | 12.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Walt Disney DIS | 40.2 | 173.18% | 🇺🇸 USA |
 Discovery DISCA | N/A | N/A | 🇺🇸 USA |
 Comcast CMCSA | 29.5 | 100.59% | 🇺🇸 USA |
 AMC Networks
AMCX | 2.32 | -84.21% | 🇺🇸 USA |
 New York Times NYT | 38.9 | 164.60% | 🇺🇸 USA |
 Pearson PSO | 13.1 | -11.01% | 🇬🇧 UK |
 Graham Holdings GHC | 19.4 | 31.99% | 🇺🇸 USA |
 Gannett GCI | -1.90 | -112.89% | 🇺🇸 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.