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Relatively High Forward P/E Ratio Detected in Shares of News Corp-Cl B in the Publishing Industry (NWS, NWSA, NYT, SCHL, GCI)

By Amy Schwartz

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 27.19. News Corp-Cl A is next with a a forward P/E ratio of 26.74. New York Times-A ranks third highest with a a forward P/E ratio of 26.58.

Scholastic Corp follows with a a forward P/E ratio of 20.31, and Gannett Co Inc rounds out the top five with a a forward P/E ratio of 10.34.

SmarTrend is tracking the current trend status for Gannett Co Inc and will alert subscribers who have GCI in their portfolio or watchlist when shares have changed trend direction.

Keywords: highest forward p/e ratio news corp-cl b news corp-cl a new york times-a scholastic corp gannett co inc

Ticker(s): NWS NWSA NYT SCHL GCI