Gray Media, Inc. (GTN) P/E Ratio History
Historical price-to-earnings valuation from 1996 to 2025
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GTN Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 8, 2026, Gray Media, Inc. (GTN) trades at a price-to-earnings ratio of -5.0x, with a stock price of $4.43 and trailing twelve-month earnings per share of $-0.79.
The current P/E is 145% below its 5-year average of 11.1x. Over the past five years, GTN's P/E has ranged from a low of 0.9x to a high of 70.5x, placing the current valuation at the 0th percentile of its historical range.
Compared to the Communication Services sector median P/E of 15.4x, GTN trades at a 133% discount to its sector peers. The sector includes 108 companies with P/E ratios ranging from 0.1x to 179.7x.
Relative to the broader market, GTN trades at a notable discount to the S&P 500 median P/E of 25.1x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our GTN DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
GTN P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $6B | 64.8 | - | -86% | |
| $13B | 11.5 | 0.46 | +57% | |
| $68B | 93.5 | - | +106% | |
| $193B | 15.9 | - | +152%Best | |
| $96B | 4.9 | 0.26 | +30% | |
| $20B | 4.4Lowest | 0.24Best | +4% | |
| $9B | 11.9 | 0.24 | +146% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
GTN Historical P/E Data (1996–2025)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2025 Q3 | $5.78 | $0.55 | 10.5x | -67% | |
| FY2025 Q2 | Mon Jun 30 2025 00:00:00 GM | $4.53 | $1.51 | 3.0x | -90% |
| FY2025 Q1 | Mon Mar 31 2025 00:00:00 GM | $4.32 | $2.31 | 1.9x | -94% |
| FY2024 Q4 | $3.15 | $3.33 | 0.9x | -97% | |
| FY2024 Q3 | Mon Sep 30 2024 00:00:00 GM | $5.36 | $1.50 | 3.6x | -89% |
| FY2024 Q2 | Sun Jun 30 2024 00:00:00 GM | $5.20 | $0.07 | 70.5x | +123% |
| FY2023 Q3 | Sat Sep 30 2023 00:00:00 GM | $6.92 | $0.87 | 7.9x | -75% |
| FY2023 Q2 | Fri Jun 30 2023 00:00:00 GM | $7.88 | $2.61 | 3.0x | -90% |
| FY2023 Q1 | Fri Mar 31 2023 00:00:00 GM | $8.72 | $3.76 | 2.3x | -93% |
| FY2022 Q4 | Sat Dec 31 2022 00:00:00 GM | $11.19 | $4.76 | 2.4x | -93% |
| FY2022 Q3 | Fri Sep 30 2022 00:00:00 GM | $14.32 | $3.05 | 4.7x | -85% |
| FY2022 Q2 | $16.89 | $1.70 | 9.9x | -69% |
Average P/E for displayed period: 31.6x
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Start ComparisonGTN — Frequently Asked Questions
Quick answers to the most common questions about buying GTN stock.
Is GTN stock overvalued or undervalued?
GTN trades at -5.0x P/E, below its 5-year average of 11.1x. At the N/A percentile of historical range, the stock is priced at a discount to its own history.
How does GTN's valuation compare to peers?
Gray Media, Inc. P/E of -5.0x compares to sector median of 15.4x. The discount suggests lower growth expectations or higher risk.
What is GTN's PEG ratio?
GTN PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 1996-2025.