InvestorsObserver gives Gray Television, Inc. (GTN) a strong valuation score of 74 from its analysis. The proprietary scoring system considers the underlying health of a company by analyzing its stock price, earnings, and growth rate. GTN currently holds a better value than 74% of stocks based on these metrics. Long term investors focused on buying-and-holding should find the valuation ranking system most relevant when making investment decisions.
GTN gets a 74 Valuation Rank today. Find out what this means to you and get the rest of the rankings on GTN!
GTN has a trailing twelve month Price to Earnings (PE) ratio of 8.5 which places it below the histroical average of roughly 15. GTN is currently trading at a good value due to investors paying less than what the stock is worth in relation to its earnings. GTN's trailing-12-month earnings per share (EPS) of 1.84 does justify its share price in the market. Trailing PE ratios do not factor in the company's projected growth rate, thus, some firms will have high PE ratios caused by high growth recruiting more investors even if the underlying company has produced low earnings so far.
GTN currently has a 12-month-forward-PE-to-Growth (PEG) ratio of 1.55. The market is currently overvaluing GTN in relation to its projected growth due to the PEG ratio being above the fair market value of 1. GTN's PEG comes from its forward price to earnings ratio being divided by its growth rate. Because PEG ratios include more fundamentals of a company's overall health with additional focus on the future, they are one of the most used valuation metrics by analysts.
