P/E ratio for E. W. Scripps Company (SSP)
P/E ratio as of June 2024 (TTM): -0.3729
According to E. W. Scripps Company 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.372928. At the end of 2022 the company had a P/E ratio of 7.85.
P/E ratio history for E. W. Scripps Company from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.85 | -67.13% |
| 2021 | 23.9 | 403.09% |
| 2020 | 4.75 | -106.87% |
| 2019 | -69.1 | -202.1% |
| 2018 | 67.7 | -164.94% |
| 2017 | -104 | -536.64% |
| 2016 | 23.9 | -225.6% |
| 2015 | -19.0 | -117.25% |
| 2014 | 110 | -111.43% |
| 2013 | -964 | -7031.92% |
| 2012 | 13.9 | -152.81% |
| 2011 | -26.3 | -696.26% |
| 2010 | 4.41 | -378.8% |
| 2009 | -1.58 | 610.62% |
| 2008 | -0.2228 | -99.99% |
| 2007 | < -1000 | -19657.83% |
| 2006 | 20.4 | -26.67% |
| 2005 | 27.8 | 27.41% |
| 2004 | 21.9 | -8.16% |
| 2003 | 23.8 | -19.49% |
| 2002 | 29.6 | -11.67% |
| 2001 | 33.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Comcast CMCSA | 10.7 | -2,967.71% | 🇺🇸 USA |
 Nexstar Media Group
NXST | 8.80 | -2,459.07% | 🇺🇸 USA |
 New York Times NYT | 47.4 | -12,798.19% | 🇺🇸 USA |
 Lee Enterprises
LEE | -7.78 | 1,986.68% | 🇺🇸 USA |
 Gannett GCI | -22.1 | 5,815.03% | 🇺🇸 USA |
 Montrose Environmental MEG | -25.1 | 6,621.19% | 🇺🇸 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.