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News Corp-Cl B has the Highest Forward P/E Ratio in the Publishing Industry (NWS, NWSA, NYT, SCHL, NEWM)

By David Diaz

Below are the three companies in the Publishing 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.

News Corp-Cl B ranks highest with a a forward P/E ratio of 27.17. News Corp-Cl A is next with a a forward P/E ratio of 26.44. New York Times-A ranks third highest with a a forward P/E ratio of 25.77.

Scholastic Corp follows with a a forward P/E ratio of 18.34, and New Media Invest rounds out the top five with a a forward P/E ratio of 10.24.

SmarTrend is monitoring the recent change of momentum in New Media Invest. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of New Media Invest in search of a potential trend change.

Keywords: highest forward p/e ratio news corp-cl b news corp-cl a new york times-a scholastic corp new media invest

Ticker(s): NWS NWSA NYT SCHL NEWM