Nexstar Media Group
NXST
#1928
Rank
$6.58 B
Marketcap
$174.63
Share price
-0.30%
Change (1 day)
11.99%
Change (1 year)

P/E ratio for Nexstar Media Group (NXST)

P/E ratio as of November 2022 (TTM): 6.79

According to Nexstar Media Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.79494. At the end of 2021 the company had a P/E ratio of 7.61.

P/E ratio history for Nexstar Media Group from 2004 to 2022

PE ratio at the end of each year

Year P/E ratio Change
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

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
55.3 714.02%๐Ÿ‡บ๐Ÿ‡ธ USA
30.3 346.01%๐Ÿ‡บ๐Ÿ‡ธ USA
0.5243-92.28%๐Ÿ‡บ๐Ÿ‡ธ USA
11.5 68.72%๐Ÿ‡บ๐Ÿ‡ธ USA
4.02-40.86%๐Ÿ‡บ๐Ÿ‡ธ USA
19.8 191.18%๐Ÿ‡บ๐Ÿ‡ธ USA
-34.0-600.15%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.