TEGNA Inc. (TGNA) P/E Ratio History
Historical price-to-earnings valuation from 1990 to 2025
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TGNA Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 8, 2026, TEGNA Inc. (TGNA) trades at a price-to-earnings ratio of 14.9x, with a stock price of $20.03 and trailing twelve-month earnings per share of $1.34.
The current P/E is 102% above its 5-year average of 7.4x. Over the past five years, TGNA's P/E has ranged from a low of 5.1x to a high of 14.4x, placing the current valuation at the 100th percentile of its historical range.
Compared to the Communication Services sector median P/E of 15.4x, TGNA is roughly in line with its sector peers. The sector includes 108 companies with P/E ratios ranging from 0.1x to 179.7x.
Relative to the broader market, TGNA 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 TGNA 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.
TGNA 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% | |
| $14B | 12.8 | 0.51 | +57% | |
| $68B | 93.5 | - | +106% | |
| $20B | 4.4Lowest | 0.24Best | +4% | |
| $96B | 4.9 | 0.26 | +30% | |
| $9B | 11.9 | 0.24 | +146%Best |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
TGNA Historical P/E Data (1990–2025)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2025 Q4 | Wed Dec 31 2025 00:00:00 GM | $19.41 | $1.35 | 14.4x | +83% |
| FY2025 Q3 | $20.33 | $2.12 | 9.6x | +22% | |
| FY2025 Q2 | Mon Jun 30 2025 00:00:00 GM | $16.76 | $2.78 | 6.0x | -23% |
| FY2025 Q1 | Mon Mar 31 2025 00:00:00 GM | $18.22 | $2.84 | 6.4x | -18% |
| FY2024 Q4 | $18.29 | $3.54 | 5.2x | -34% | |
| FY2024 Q3 | Mon Sep 30 2024 00:00:00 GM | $15.78 | $2.83 | 5.6x | -29% |
| FY2024 Q2 | Sun Jun 30 2024 00:00:00 GM | $13.94 | $2.42 | 5.8x | -27% |
| FY2024 Q1 | Sun Mar 31 2024 00:00:00 GM | $14.94 | $2.86 | 5.2x | -33% |
| FY2023 Q4 | Sun Dec 31 2023 00:00:00 GM | $15.30 | $2.26 | 6.8x | -14% |
| FY2023 Q3 | Sat Sep 30 2023 00:00:00 GM | $14.57 | $2.83 | 5.1x | -34% |
| FY2023 Q2 | Fri Jun 30 2023 00:00:00 GM | $16.24 | $3.00 | 5.4x | -31% |
| FY2023 Q1 | Fri Mar 31 2023 00:00:00 GM | $16.91 | $2.67 | 6.3x | -19% |
Average P/E for displayed period: 7.8x
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Start ComparisonTGNA — Frequently Asked Questions
Quick answers to the most common questions about buying TGNA stock.
Is TGNA stock overvalued or undervalued?
TGNA trades at 14.9x P/E, above its 5-year average of 7.4x. The 100th percentile ranking indicates a premium to historical valuation.
How does TGNA's valuation compare to peers?
TEGNA Inc. P/E of 14.9x compares to sector median of 15.4x. The discount suggests lower growth expectations or higher risk.
What is TGNA's PEG ratio?
TGNA PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 1990-2025.