GTN (Gray Media) ROE % Adjusted to Book Value: -13.67% (As of Mar. 2026)


GTN Gray Media Inc GTN
66 GF Score
Price $3.93
GF Value $4.19
Valuation Fairly Valued
! 8 Warning Signs
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What is Gray Media ROE % Adjusted to Book Value?

Gray Media GTN +3.42% 66 ROE % Adjusted to Book Value is -13.67% as of Mar. 2026. GuruFocus rates GTN with a GF Score™ of 66/100 and a GF Value™ of $4.19 (Fairly Valued). The stock has 8 warning signs investors should review.

Gray Media's ROE % for the quarter that ended in Mar. 2026 was -2.87%. Gray Media's PB Ratio for the quarter that ended in Mar. 2026 was 0.21. Gray Media's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was -13.67%.


Gray Media ROE % Adjusted to Book Value Related Terms


Gray Media ROE % Adjusted to Book Value Historical Data

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The historical data trend for Gray Media's ROE % Adjusted to Book Value 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.

Gray Media ROE % Adjusted to Book Value Chart

Gray Media Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.43 35.90 -6.56 96.43 -12.87

Gray Media Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Adjusted to Book Value Get a 7-Day Free Trial 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 -2.67 -51.10 -5.26 -6.22 -13.67

GTN vs CAST, FUBO, SSP: ROE % Adjusted to Book Value Comparison

For the Broadcasting subindustry, Gray Media's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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.


Gray Media ROE % Adjusted to Book Value vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Gray Media's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Gray Media's ROE % Adjusted to Book Value falls into.


GTN
66GF Score
Gray Media Inc GTN
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Gray Media ROE % Adjusted to Book Value Calculation

Gray Media's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-2.96% / 0.23
=-12.87%

Gray Media's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-2.87% / 0.21
=-13.67%

* 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.

What does a ROE % Adjusted to Book Value of -13.67% mean?
Gray Media (GTN) has a ROE % Adjusted to Book Value of -13.67% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Gray Media and its competitors.
Is Gray Media's ROE % Adjusted to Book Value too high?
Gray Media's current ROE % Adjusted to Book Value is -13.67%. Overall, Gray Media has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Gray Media's ROE % Adjusted to Book Value compare to CAST and FUBO?
Gray Media's ROE % Adjusted to Book Value of -13.67% can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for a Media - Diversified company?
A good ROE % Adjusted to Book Value depends on the Media - Diversified industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Gray Media and its competitors. Gray Media's current ROE % Adjusted to Book Value is -13.67%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gray Media stock overvalued right now?
Based on GuruFocus' analysis, Gray Media (GTN) is currently considered Fairly Valued. The stock's GF Value™ is $4.19, compared to a current price of $3.93 — trading 6.2% below its estimated fair value. The current ROE % Adjusted to Book Value is -13.67%. Gray Media's overall GF Score™ is 66/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Gray Media (GTN), the current ROE % Adjusted to Book Value is -13.67% as of Mar. 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 Gray Media (GTN) Overvalued in 2026?

Based on GuruFocus' analysis, Gray Media stock appears to be undervalued. The current stock price of $3.93 is trading 6.2% below its estimated GF Value™ of $4.19. GuruFocus considers Gray Media to be Fairly Valued.

Key valuation signals for GTN:

  • ROE % Adjusted to Book Value: -13.67%
  • GF Value™: $4.19 vs. price of $3.93 (6.2% below fair value)
  • GF Score™: 66/100 with 8 warning signs

No single metric tells the full story. See the GTN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gray Media Business Description

Other Exchanges GTN.A:USAGCZB:Germany
Address 4370 Peachtree Road NE, Suite 400, Atlanta, GA, USA, 30319
Gray Media Inc is a multimedia company. The company owns and operates local television stations and digital assets. It also owns Gray Digital Media, a full-service digital agency offering national and local clients digital marketing strategies with digital products and services. Its additional media properties include video production companies Raycom Sports, Tupelo Media Group, and PowerNation Studios, and studio production facilities Assembly Atlanta and Third Rail Studios. The company's segments include Broadcasting and Production Companies. The majority of revenue is derived from broadcast and digital advertising and from retransmission consent fees.
66GF Score

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ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.93
Price
$4.19
GF Value