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Nexstar Media GroupNXST +4.35%84 Cyclically Adjusted PS Ratio is 1.53 as of Jul. 15, 2026, which is 47% below its 10-year median of 2.91. GuruFocus rates NXST with a GF Score™ of 84/100 and a GF Value™ of $226.62 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 736 Media - Diversified companies, Nexstar Media Group ranks worse than 66.85% on this metric.
The historical rank and industry rank for Nexstar Media Group's Cyclically Adjusted PS Ratio or its related term are showing as below:
NXST'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.37 Med: 2.91 Max: 4.28
Current: 1.47
During the past years, Nexstar Media Group's highest Cyclically Adjusted PS Ratio was 4.28. The lowest was 1.37. And the median was 2.91.
NXST's Cyclically Adjusted PS Ratio is ranked worse than 66.85% of 736
companies
in the Media - Diversified industry
Industry Median: 0.79
vs NXST: 1.47
The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.
Nexstar Media Group's adjusted revenue per share data for the three months ended in Mar. 2026 was $44.792. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $119.50 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Nexstar Media Group (NAS:NXST) Cyclically Adjusted PS Ratio Explanation
Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.
Nexstar Media Group Cyclically Adjusted PS Ratio Related Terms
Nexstar Media Group Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Nexstar Media Group's Cyclically Adjusted PS 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.
Nexstar Media Group Cyclically Adjusted PS Ratio Chart
NXST vs SBGI, NMAX, IHRT: Cyclically Adjusted PS Ratio Comparison
For the Broadcasting subindustry, Nexstar Media Group's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.
Nexstar Media Group Cyclically Adjusted PS Ratio vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Nexstar Media Group's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Nexstar Media Group's Cyclically Adjusted PS Ratio falls into.
Nexstar Media Group Cyclically Adjusted PS Ratio Calculation
Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.
Nexstar Media Group's Cyclically Adjusted PS Ratio for today is calculated as
* 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.
Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.
What does a Cyclically Adjusted PS Ratio of 1.53 mean?
Nexstar Media Group (NXST) has a Cyclically Adjusted PS Ratio of 1.53 as of Jul. 15, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Nexstar Media Group and its competitors. This is 47% below median its historical median of 2.91. Over the past decade, Nexstar Media Group's Cyclically Adjusted PS Ratio has ranged from 1.37 to 4.28. According to the industry distribution chart, Nexstar Media Group ranks #492 out of 736 companies in the Media - Diversified industry, placing it in the top 66.8%.
Is Nexstar Media Group's Cyclically Adjusted PS Ratio too high?
Nexstar Media Group's current Cyclically Adjusted PS Ratio of 1.53 is 47% below median its 10-year median of 2.91. Over the past 10 years, this metric has ranged from a low of 1.37 to a high of 4.28. The Media - Diversified industry median Cyclically Adjusted PS Ratio is 0.79. Nexstar Media Group's value of 1.53 is 93.7% above this industry median. Based on the distribution chart, Nexstar Media Group ranks #492 out of 736 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Nexstar Media Group has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nexstar Media Group's Cyclically Adjusted PS Ratio compare to SBGI and NMAX?
According to the Media - Diversified industry distribution chart, Nexstar Media Group ranks #492 out of 736 companies for Cyclically Adjusted PS Ratio. This places Nexstar Media Group in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.79. Nexstar Media Group's value of 1.53 is 93.7% above this benchmark. Historically, Nexstar Media Group's own Cyclically Adjusted PS Ratio has ranged from 1.37 to 4.28 over the past decade. While the company's 10-year median is 2.91 vs. the industry median of 0.79, Nexstar Media Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Media - Diversified company?
The median Cyclically Adjusted PS Ratio among Media - Diversified companies is 0.79, based on 736 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nexstar Media Group's current Cyclically Adjusted PS Ratio of 1.53 is 93.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Nexstar Media Group and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PS Ratio is 0.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nexstar Media Group's current Cyclically Adjusted PS Ratio is 1.53, which is 47% below median its own 10-year median of 2.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nexstar Media Group stock overvalued right now?
Based on GuruFocus' analysis, Nexstar Media Group (NXST) is currently considered Modestly Undervalued. The stock's GF Value™ is $226.62, compared to a current price of $183.13 — trading 19.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.53, which is 47% below median its 10-year median of 2.91 and 93.7% above the Media - Diversified industry median of 0.79. Nexstar Media Group's overall GF Score™ is 84/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Nexstar Media Group (NXST), the current Cyclically Adjusted PS Ratio is 1.53 as of Jul. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Nexstar Media Group (NXST) Overvalued in 2026?
Based on GuruFocus' analysis, Nexstar Media Group stock appears to be undervalued.
The current stock price of $183.13 is trading 19.2% below its estimated GF Value™ of $226.62.
GuruFocus considers Nexstar Media Group to be Modestly Undervalued.
Key valuation signals for NXST:
Cyclically Adjusted PS Ratio: 1.53 (47% below median its 10-year median of 2.91)
GF Value™: $226.62 vs. price of $183.13 (19.2% below fair value)
Industry Position: 93.7% above the Media - Diversified median (#492 of 736)
No single metric tells the full story. See the NXST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nexstar is the largest television station owner-operator in the United States with over 200 stations in 116 markets, reaching 220 million people. Of its 200 stations, 155 are affiliated with the four national broadcast networks: CBS, Fox, NBC, and ABC. Assuming its merger with Tegna is affirmed Nexstar's station total would exceed 259 and reach 80% of the US population. Nexstar also owns NewsNation (formerly WGN), a cable news network, 75% of the fifth national broadcaster, the CW, and a 31% stake in Food Network and Cooking Channel.
84GF Score
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