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Hemisphere Media is Among the Companies in the Broadcasting Industry With the Highest Forward P/E Ratio (HMTV, TRCO, MEG, GTN, SBGI)

By Nick Russo

Below are the three companies in the Broadcasting industry with the highest forward price to earnings (P/E) ratios. Forward P/E uses estimated earnings to compare relative value among companies in the same industry. Generally, the lower the forward P/E, the more undervalued a company is believed to be.

Hemisphere Media ranks highest with a a forward P/E ratio of 27.36. Following is Tribune Media -A with a a forward P/E ratio of 25.81. Media General ranks third highest with a a forward P/E ratio of 24.91.

Gray Television follows with a a forward P/E ratio of 16.54, and Sinclair Broad-A rounds out the top five with a a forward P/E ratio of 15.12.

SmarTrend is tracking the current trend status for Sinclair Broad-A and will alert subscribers who have SBGI in their portfolio or watchlist when shares have changed trend direction.

Keywords: highest forward p/e ratio hemisphere media tribune media -a :meg media general gray television sinclair broad-a

Ticker(s): HMTV TRCO GTN SBGI