Investors Observer gives Gray Television, Inc. (GTN) a strong review score of 74 based on its analysis. The proprietary rating system takes into account the underlying health of a business by analyzing its stock price, earnings and rate of growth. GTN currently holds better value than 74% of the shares based on these metrics. Long-term buy and hold investors should find the most relevant valuation ranking system when making investment decisions.
GTN has a twelve-month price-to-earnings (PE) ratio of 8.5, which puts it below the historical average of around 15. GTN is currently trading at a good value as investors pay less than the value of. action in relation to its benefits. . GTN’s earnings per share (EPS) of 1.84 over the last 12 months justify its share price in the market. The tracking PE ratios do not take into account the company’s projected growth rate. So, some companies will have high PE ratios due to high growth recruiting more investors even though the underlying company has produced low profits so far. GTN currently has a 12-month forward PEG to Growth Ratio of 1.55. The market is currently overvaluing GTN relative to its projected growth due to the PEG ratio above fair market value of 1. GTN’s PEG is derived from its forward price / earnings ratio divided by its growth rate. Because PEG ratios include more of a company’s overall health fundamentals with an additional focus on the future, they are one of the valuation metrics most used by analysts.
GTN ‘has a low valuation at its current market price due to an overvalued PEG ratio due to strong growth. GTN’s PE and PEG are below the market average, resulting in a below-average valuation score. Click here for the full Gray Television, Inc. (GTN) stock report.