Gray Television (GTN.A) P/E Ratio
P/E Ratio as of Jan 9, 2026: 31.31
Average25.83
Median25.16
Minimum18.71
Maximum31.89
31.31
11.36 (56.94%)past month
The P/E ratio for Gray Television (GTN.A) is 31.31 as of Jan 9, 2026. This represents a increase of 295.33% compared to its 12-month average P/E ratio of 7.92. A higher P/E ratio suggests that investors expect strong future earnings growth, while a lower P/E ratio may indicate a potentially undervalued stock or slowing growth.
Gray Television P/E Ratio Formula = Stock Price ÷ Earnings Per Share (EPS)
Gray Television’s P/E ratio represents the valuation of the company based on its earnings. It’s calculated by dividing the company’s latest stock price by its diluted earnings per share (EPS) over the past 12 months. The P/E ratio helps investors assess how much they are paying for each dollar of earnings, offering valuable insights when comparing Gray Television to industry peers.
Gray Television P/E Ratio Formula = Stock Price ÷ Earnings Per Share (EPS)
Gray Television’s P/E ratio represents the valuation of the company based on its earnings. It’s calculated by dividing the company’s latest stock price by its diluted earnings per share (EPS) over the past 12 months. The P/E ratio helps investors assess how much they are paying for each dollar of earnings, offering valuable insights when comparing Gray Television to industry peers.
Gray Television (GTN.A) P/E Ratio Insights
See Gray Television’s latest P/E ratio, historical trends, and valuation insights with AI-powered fundamental data and custom analysis.
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Gray Television (GTN.A) P/E Ratio Historic Data
| Date | Stock price | P/E ratio |
|---|---|---|
| Dec 1, 2025 | $9.00 | 21.73 |
| Nov 3, 2025 | $9.27 | 6.15 |
| Oct 1, 2025 | $9.70 | 6.44 |
| Sep 2, 2025 | $10.63 | 7.05 |
| Aug 1, 2025 | $10.65 | 4.61 |
| Jul 1, 2025 | $10.22 | 4.42 |
| Jun 2, 2025 | $8.23 | 3.56 |
| May 1, 2025 | $7.78 | 2.34 |
| Apr 1, 2025 | $7.88 | 2.37 |
| Mar 3, 2025 | $6.59 | 1.98 |
| Feb 3, 2025 | $7.40 | 4.93 |
| Jan 2, 2025 | $7.19 | 4.79 |
Gray Television (GTN.A) End of Year P/E Ratio
| Date | P/E ratio | Change |
|---|---|---|
| 2026 | 31.31 | +8.08% |
| 2025 | 28.97 | +497.32% |
| 2024 | 4.85 | -58.37% |
| 2023 | 11.65 | +182.08% |
| 2022 | 4.13 | -91.02% |
| 2021 | 45.98 | — |
FAQs About Gray Television (GTN.A) P/E ratio
The latest P/E ratio of Gray Television (GTN.A) is 31.31, as of Jan 9, 2026. This is calculated based on its current stock price and earnings per share (EPS).
Gray Television’s last 12-month average P/E ratio is 7.92, compared to its current P/E ratio of 31.31. This reflects a increase of 295.33%.
Gray Television’s current P/E ratio of 31.31 is higher than its last 12-month average P/E of 7.92. A higher P/E can indicate strong future growth expectations, while a lower P/E might suggest undervaluation.
Gray Television’s average P/E ratio over the last 3 years is 12.85. Comparing this to the current P/E helps assess recent valuation trends and whether the stock is trading above or below its mid-term historical range.
Gray Television’s average P/E ratio over the last 5 years is 13.79. A deviation from this historical average may indicate shifts in growth expectations, profitability, or broader market conditions affecting valuation.