P/E ratio for E. W. Scripps Company (SSP)

P/E ratio history for E. W. Scripps Company from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Montrose Environmental MEG	-10.5	4,210.39%	🇺🇸 USA
Gannett GCI	-29.2	11,904.78%	🇺🇸 USA
New York Times NYT	49.0	-20,276.02%	🇺🇸 USA
Lee Enterprises LEE	-9.76	3,915.16%	🇺🇸 USA
Nexstar Media Group NXST	8.69	-3,673.19%	🇺🇸 USA
Comcast CMCSA	11.8	-4,951.50%	🇺🇸 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.