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Salem Media Group (Salem Media Group) PE Ratio

: At Loss (As of Today)
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The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2024-04-19), Salem Media Group's share price is $0.35. Salem Media Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2023 was $-1.68. Therefore, Salem Media Group's PE Ratio for today is At Loss.


The historical rank and industry rank for Salem Media Group's PE Ratio or its related term are showing as below:

SALM' s PE Ratio Range Over the Past 10 Years
Min: At Loss   Med: 14.52   Max: 61
Current: At Loss


During the past 13 years, the highest PE Ratio of Salem Media Group was 61.00. The lowest was 0.00. And the median was 14.52.


SALM's PE Ratio is ranked worse than
100% of 567 companies
in the Media - Diversified industry
Industry Median: 19.13 vs SALM: At Loss

Salem Media Group's Earnings per Share (Diluted) for the three months ended in Sep. 2023 was $-1.15. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2023 was $-1.68.

As of today (2024-04-19), Salem Media Group's share price is $0.35. Salem Media Group's EPS without NRI for the trailing twelve months (TTM) ended in Sep. 2023 was $-0.44. Therefore, Salem Media Group's PE Ratio without NRI for today is At Loss.

During the past 13 years, Salem Media Group's highest PE Ratio without NRI was 48.25. The lowest was 0.00. And the median was 15.21.

Salem Media Group's EPS without NRI for the three months ended in Sep. 2023 was $-0.14. Its EPS without NRI for the trailing twelve months (TTM) ended in Sep. 2023 was $-0.44.

During the past 12 months, Salem Media Group's average EPS without NRI Growth Rate was -190.30% per year.

During the past 13 years, Salem Media Group's highest 3-Year average EPS without NRI Growth Rate was 376.20% per year. The lowest was -99.40% per year. And the median was 1.45% per year.

Salem Media Group's EPS (Basic) for the three months ended in Sep. 2023 was $-1.15. Its EPS (Basic) for the trailing twelve months (TTM) ended in Sep. 2023 was $-1.68.


Salem Media Group PE Ratio Historical Data

The historical data trend for Salem Media Group's PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Salem Media Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only At Loss At Loss At Loss 2.01 At Loss

Salem Media Group Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
PE Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.11 At Loss At Loss At Loss At Loss

Competitive Comparison

For the Broadcasting subindustry, Salem Media Group's PE Ratio, along with its competitors' market caps and PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Salem Media Group PE Ratio Distribution

For the Media - Diversified industry and Communication Services sector, Salem Media Group's PE Ratio distribution charts can be found below:

* The bar in red indicates where Salem Media Group's PE Ratio falls into.



Salem Media Group PE Ratio Calculation

The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

Salem Media Group's PE Ratio for today is calculated as

PE Ratio=Share Price/Earnings per Share (Diluted) (TTM)
=0.35/-1.680
=At Loss

Salem Media Group's Share Price of today is $0.35.
Salem Media Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.68.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:


There are at least three kinds of PE Ratios used by different investors. They are Trailing Twelve Month PE Ratio or PE Ratio (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio, the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.


Salem Media Group  (OTCPK:SALM) PE Ratio Explanation

The PE Ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.

If a company loses money, the PE Ratio becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio divided by the growth ratio. He thinks a company with a PE Ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio of 20, instead of a company growing 10% a year with a PE Ratio of 10.

Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratios are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .

PE Ratio can also be affected by non-recurring-items such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio.


Salem Media Group PE Ratio Related Terms

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Salem Media Group (Salem Media Group) Business Description

Traded in Other Exchanges
Address
6400 North Belt Line Road, Irving, TX, USA, 75063
Salem Media Group Inc is a domestic multimedia company with integrated operations including radio broadcasting, digital media, and publishing. The company has three operating segments, Broadcast, Digital Media, and Publishing. Digital media-based businesses provide Christian, conservative, investing and health-themed content, e-commerce, audio and video streaming, and other resources digitally through the web.
Executives
Jacki L Pick director 6400 N BELT LINE ROAD, IRVING TX 75063
Eugene Allen Power officer: President Broadcast Media 6400 NORTH BELT LINE ROAD, IRVING TX 75063
Epperson 2022 Gst Trust 10 percent owner 3780 WILL SCARLET ROAD, WINSTON SALEM NC 27104
Epperson Stuart W. Jr. director, 10 percent owner 4880 SANTA ROSA RD., CAMARILLO CA 93012
Stuart W Epperson 10 percent owner 3780 WILL SCARLET RD, WINSTON SALEM NC 27104
Evan D Masyr officer: V.P. and Corporate Controller 4880 SANTA ROSA ROAD, STE 300, CAMARILLO CA 93012
David P Santrella officer: President - Broadcast Media 4880 SANTA ROSA ROAD, CAMARILLO CA 93012
Christopher J Henderson officer: SVP, General Counsel & Secy 4880 SANTA ROSA ROAD, CAMARILLO CA 93012
David Evans officer: Senior Vice President and CFO 4880 SANTA ROSA ROAD, CAMARILLO CA 93012
Atsinger Edward G Iii director, 10 percent owner, officer: CEO and President 4880 SANTA ROSA RD, CAMARILLO CA 93012
Heather W Grizzle director 4880 SANTA ROSA ROAD, CAMARILLO CA 93010
James Keet Lewis director 4880 SANTA ROSA ROAD, CAMARILLO CA 93012
Edward C. Atsinger director 6400 NORTH BELT LINE ROAD, IRVING TX 75063
Jonathan Venverloh director 4880 SANTA ROSA ROAD, CAMARILLO CA 93012
Eric H Halvorson director 4880 SANTA ROSA RD, CAMARILLO CA 93012