Nexstar Media Group
NXST
#2678
Rank
ยฃ4.09 B
Marketcap
ยฃ132.14
Share price
0.11%
Change (1 day)
9.35%
Change (1 year)

P/E ratio for Nexstar Media Group (NXST)

P/E ratio as of November 2024 (TTM): 8.98

According to Nexstar Media Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.97901. At the end of 2022 the company had a P/E ratio of 7.09.

P/E ratio history for Nexstar Media Group from 2003 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20227.09-6.76%
20217.6126.71%
20206.00-74.35%
201923.4153.85%
20189.2222.14%
20177.55-64.35%
201621.2-9.84%
201523.5-4.79%
201424.7-102.21%
2013< -1000-66091.9%
20121.69-109.05%
2011-18.7-81.3%
2010-99.8984.61%
2009-9.204845.19%
2008-0.1861-98.55%
2007-12.9-11.41%
2006-14.5398.88%
2005-2.91-77.25%
2004-12.8520.2%
2003-2.06

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
26.6 195.75%๐Ÿ‡บ๐Ÿ‡ธ USA
12.5 39.21%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.2611-102.91%๐Ÿ‡บ๐Ÿ‡ธ USA
-9.75-208.59%๐Ÿ‡บ๐Ÿ‡ธ USA
92.1 926.23%๐Ÿ‡บ๐Ÿ‡ธ USA
11.8 31.73%๐Ÿ‡บ๐Ÿ‡ธ USA
1.78-80.13%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.