New York Times
NYT
#1802
Rank
C$12.83 B
Marketcap
$78.28
Share price
0.86%
Change (1 day)
30.16%
Change (1 year)
The New York Times Company is an American mass media company which publishes its namesake newspaper.

P/E ratio for New York Times (NYT)

P/E ratio as of November 2024 (TTM): 52.6

According to New York Times's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 52.5981. At the end of 2022 the company had a P/E ratio of 30.9.

P/E ratio history for New York Times from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202230.9-15.51%
202136.6-57.59%
202086.3125.3%
201938.328.86%
201829.7-95.18%
2017617740.19%
201673.4113.3%
201534.4-42.74%
201460.166.6%
201336.1276.33%
20129.58-131%
2011-30.9-333.48%
201013.2-86.07%
200995.1-618.84%
2008-18.3-251.58%
200712.1-286.61%
2006-6.48-142.62%
200515.2-27.35%
200420.9-12%
200323.82.94%
200223.151.13%
200115.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-0.3232-100.61%๐Ÿ‡บ๐Ÿ‡ธ USA
-32.6-162.07%๐Ÿ‡บ๐Ÿ‡ธ USA
27.5-47.77%๐Ÿ‡ฌ๐Ÿ‡ง UK
-46.7-188.79%๐Ÿ‡บ๐Ÿ‡ธ USA
-10.8-120.63%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.