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GTN.A (Gray Media) Shiller PE Ratio : 3.14 (As of Apr. 29, 2025)


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What is Gray Media Shiller PE Ratio?

As of today (2025-04-29), Gray Media's current share price is $7.03. Gray Media's E10 for the quarter that ended in Dec. 2024 was $2.24. Gray Media's Shiller PE Ratio for today is 3.14.

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

GTN.A' s Shiller PE Ratio Range Over the Past 10 Years
Min: 2.88   Med: 11.29   Max: 218.57
Current: 3.14

During the past years, Gray Media's highest Shiller PE Ratio was 218.57. The lowest was 2.88. And the median was 11.29.

GTN.A's Shiller PE Ratio is ranked better than
94.5% of 382 companies
in the Media - Diversified industry
Industry Median: 16.955 vs GTN.A: 3.14

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Gray Media's adjusted earnings per share data for the three months ended in Dec. 2024 was $1.590. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.24 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gray Media Shiller PE Ratio Historical Data

The historical data trend for Gray Media's Shiller 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.

Gray Media Shiller PE Ratio Chart

Gray Media Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.29 11.61 5.27 4.38 3.26

Gray Media Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Shiller PE Ratio 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 4.38 4.17 4.34 3.24 3.26

Competitive Comparison of Gray Media's Shiller PE Ratio

For the Broadcasting subindustry, Gray Media's Shiller PE Ratio, along with its competitors' market caps and Shiller 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.


Gray Media's Shiller PE Ratio Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Gray Media's Shiller PE Ratio falls into.


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Gray Media Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Gray Media's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=7.03/2.24
=3.14

* 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's E10 for the quarter that ended in Dec. 2024 is calculated as:

For example, Gray Media's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=1.59/133.1571*133.1571
=1.590

Current CPI (Dec. 2024) = 133.1571.

Gray Media Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201503 0.100 99.621 0.134
201506 0.170 100.684 0.225
201509 0.090 100.392 0.119
201512 0.210 99.792 0.280
201603 0.120 100.470 0.159
201606 0.240 101.688 0.314
201609 -0.003 101.861 -0.004
201612 0.490 101.863 0.641
201703 0.140 102.862 0.181
201706 0.970 103.349 1.250
201709 0.210 104.136 0.269
201712 2.130 104.011 2.727
201803 0.220 105.290 0.278
201806 0.460 106.317 0.576
201809 0.690 106.507 0.863
201812 1.000 105.998 1.256
201903 -0.310 107.251 -0.385
201906 0.310 108.070 0.382
201909 0.460 108.329 0.565
201912 0.810 108.420 0.995
202003 0.400 108.902 0.489
202006 -0.020 108.767 -0.024
202009 1.140 109.815 1.382
202012 2.220 109.897 2.690
202103 0.270 111.754 0.322
202106 0.270 114.631 0.314
202109 -0.320 115.734 -0.368
202112 0.170 117.630 0.192
202203 0.520 121.301 0.571
202206 0.910 125.017 0.969
202209 1.030 125.227 1.095
202212 1.880 125.222 1.999
202303 -0.480 127.348 -0.502
202306 -0.100 128.729 -0.103
202309 -0.570 129.860 -0.584
202312 -0.240 129.419 -0.247
202403 0.790 131.776 0.798
202406 0.090 132.554 0.090
202409 0.860 133.029 0.861
202412 1.590 133.157 1.590

Add all the adjusted EPS together and divide 10 will get our E10.

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.


Gray Media  (NYSE:GTN.A) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Gray Media Shiller PE Ratio Related Terms

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Gray Media Business Description

Traded in Other Exchanges
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.