P/E ratio for Sinclair Broadcast (SBGI)
P/E ratio as of May 2024 (TTM): 11.8
According to Sinclair Broadcast's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.7803. At the end of 2022 the company had a P/E ratio of 0.4216.
P/E ratio history for Sinclair Broadcast from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 0.4216 | -108.77% |
| 2021 | -4.81 | 393.67% |
| 2020 | -0.9734 | -101.49% |
| 2019 | 65.4 | 753.76% |
| 2018 | 7.66 | 15.51% |
| 2017 | 6.63 | -47.33% |
| 2016 | 12.6 | -29.61% |
| 2015 | 17.9 | 43.11% |
| 2014 | 12.5 | -72.38% |
| 2013 | 45.2 | 541.5% |
| 2012 | 7.05 | -41.51% |
| 2011 | 12.1 | 39.98% |
| 2010 | 8.61 | -458.95% |
| 2009 | -2.40 | 122.08% |
| 2008 | -1.08 | -103.42% |
| 2007 | 31.6 | 86.45% |
| 2006 | 16.9 | 347.32% |
| 2005 | 3.79 | -93.42% |
| 2004 | 57.6 | -38.52% |
| 2003 | 93.6 | -5501.75% |
| 2002 | -1.73 | -69.77% |
| 2001 | -5.73 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Walt Disney DIS | 85.0 | 621.20% | 🇺🇸 USA |
 Comcast CMCSA | 10.9 | -7.28% | 🇺🇸 USA |
 Nexstar Media Group
NXST | 9.67 | -17.90% | 🇺🇸 USA |
 E. W. Scripps Company
SSP | -0.5007 | -104.25% | 🇺🇸 USA |
 Gray Television
GTN | 2.97 | -74.82% | 🇺🇸 USA |
 Entravision Communications
EVC | 25.3 | 115.05% | 🇺🇸 USA |
 Montrose Environmental MEG | -25.4 | -315.22% | 🇺🇸 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.