Nexstar Media Group, Inc. (NXST) P/E Ratio History
Historical price-to-earnings valuation from 2011 to 2026
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NXST Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 8, 2026, Nexstar Media Group, Inc. (NXST) trades at a price-to-earnings ratio of 64.8x, with a stock price of $194.26 and trailing twelve-month earnings per share of $5.29.
The current P/E is 361% above its 5-year average of 14.0x. Over the past five years, NXST's P/E has ranged from a low of 6.7x to a high of 69.3x, placing the current valuation at the 95th percentile of its historical range.
Compared to the Communication Services sector median P/E of 15.4x, NXST trades at a 322% premium 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, NXST commands a significant premium over 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 NXST 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.
NXST P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $3B | 14.9 | - | -62% | |
| $13B | 11.5 | 0.46 | +57% | |
| $14B | 12.8 | 0.51 | +57% | |
| $68B | 93.5 | - | +106%Best | |
| $96B | 4.9 | 0.26 | +30% | |
| $20B | 4.4Lowest | 0.24Best | +4% | |
| $176B | 8.3 | - | +104% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
NXST Historical P/E Data (2011–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q1 | $180.83 | $4.65 | 38.9x | +56% | |
| FY2025 Q4 | Wed Dec 31 2025 00:00:00 GM | $203.05 | $2.93 | 69.3x | +178% |
| FY2025 Q3 | $197.74 | $16.13 | 12.3x | -51% | |
| FY2025 Q2 | Mon Jun 30 2025 00:00:00 GM | $172.95 | $19.75 | 8.8x | -65% |
| FY2025 Q1 | Mon Mar 31 2025 00:00:00 GM | $179.22 | $20.23 | 8.9x | -64% |
| FY2024 Q4 | $157.97 | $22.02 | 7.2x | -71% | |
| FY2024 Q3 | Mon Sep 30 2024 00:00:00 GM | $165.35 | $17.82 | 9.3x | -63% |
| FY2024 Q2 | Sun Jun 30 2024 00:00:00 GM | $166.01 | $12.77 | 13.0x | -48% |
| FY2024 Q1 | Sun Mar 31 2024 00:00:00 GM | $172.29 | $11.87 | 14.5x | -42% |
| FY2023 Q4 | Sun Dec 31 2023 00:00:00 GM | $156.75 | $9.67 | 16.2x | -35% |
| FY2023 Q3 | Sat Sep 30 2023 00:00:00 GM | $143.37 | $11.62 | 12.3x | -51% |
| FY2023 Q2 | Fri Jun 30 2023 00:00:00 GM | $166.55 | $18.22 | 9.1x | -63% |
Average P/E for displayed period: 25.0x
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Start ComparisonNXST — Frequently Asked Questions
Quick answers to the most common questions about buying NXST stock.
Is NXST stock overvalued or undervalued?
NXST trades at 64.8x P/E, above its 5-year average of 14.0x. The 95th percentile ranking indicates a premium to historical valuation.
How does NXST's valuation compare to peers?
Nexstar Media Group, Inc. P/E of 64.8x compares to sector median of 15.4x. The premium reflects expected growth above peers.
What is NXST's PEG ratio?
NXST PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 2011-2026.