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Meredith Corp is Among the Companies in the Publishing Industry With the Lowest Forward P/E Ratio (MDP, GCI, NEWM, SCHL, NWSA)

By Nick Russo

Below are the three companies in the Publishing industry with the lowest 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.

Meredith Corp ranks lowest with a a forward P/E ratio of 5.64. Gannett Co Inc is next with a a forward P/E ratio of 6.45. New Media Invest ranks third lowest with a a forward P/E ratio of 8.01.

Scholastic Corp follows with a a forward P/E ratio of 20.23, and News Corp-Cl A rounds out the bottom five with a a forward P/E ratio of 25.42.

SmarTrend is tracking the current trend status for News Corp-Cl A and will alert subscribers who have NWSA in their portfolio or watchlist when shares have changed trend direction.

Keywords: lowest forward p/e ratio meredith corp gannett co inc new media invest scholastic corp news corp-cl a

Ticker(s): MDP GCI NEWM SCHL NWSA