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Shares of Meredith Corp Rank the Lowest in Terms of Forward P/E Ratio in the Publishing Industry (MDP, GCI, NEWM, SCHL, NWSA)

By James Quinn

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 5.79. Following is Gannett Co Inc with a a forward P/E ratio of 10.72. New Media Invest ranks third lowest with a a forward P/E ratio of 11.27.

Scholastic Corp follows with a a forward P/E ratio of 21.12, and News Corp-Cl A rounds out the bottom five with a a forward P/E ratio of 27.21.

SmarTrend is tracking the current trend status for New Media Invest and will alert subscribers who have NEWM 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