P/E ratio for New York Times (NYT)
P/E ratio as of April 2024 (TTM): 40.4
According to New York Times's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 40.3738. At the end of 2022 the company had a P/E ratio of 30.9.
P/E ratio history for New York Times from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 30.9 | -15.51% |
| 2021 | 36.6 | -57.59% |
| 2020 | 86.3 | 125.3% |
| 2019 | 38.3 | 28.86% |
| 2018 | 29.7 | -95.18% |
| 2017 | 617 | 740.19% |
| 2016 | 73.4 | 113.3% |
| 2015 | 34.4 | -42.74% |
| 2014 | 60.1 | 66.6% |
| 2013 | 36.1 | 276.33% |
| 2012 | 9.58 | -131% |
| 2011 | -30.9 | -333.48% |
| 2010 | 13.2 | -86.07% |
| 2009 | 95.1 | -618.84% |
| 2008 | -18.3 | -251.58% |
| 2007 | 12.1 | -286.61% |
| 2006 | -6.48 | -142.62% |
| 2005 | 15.2 | -27.35% |
| 2004 | 20.9 | -12% |
| 2003 | 23.8 | 2.94% |
| 2002 | 23.1 | 51.13% |
| 2001 | 15.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Daily Journal DJCO | -28.8 | -171.38% | 🇺🇸 USA |
 E. W. Scripps Company
SSP | -0.5117 | -101.27% | 🇺🇸 USA |
 Pearson PSO | 21.9 | -45.72% | 🇬🇧 UK |
 Lee Enterprises
LEE | -7.72 | -119.12% | 🇺🇸 USA |
 Gannett GCI | -15.1 | -137.52% | 🇺🇸 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.