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Gray Television Stock

Gray Television P/S 2024

Gray Television P/S

0.15

Ticker

GTN

ISIN

US3893751061

WKN

902961

As of Oct 5, 2024, Gray Television's P/S ratio stood at 0.15, a -21.05% change from the 0.19 P/S ratio recorded in the previous year.

The Gray Television P/S history

Gray Television Aktienanalyse

What does Gray Television do?

Gray Television Inc. is an American media company that operates television stations in the United States and also offers digital media platforms. The company was founded in 1946 by James Harrison Gray and is headquartered in Atlanta, Georgia. Gray Television is known for its regional television stations that focus on local news, sports, and other programs. The company currently owns and operates 101 stations in 57 markets, representing 44 states in the U.S. In addition, Gray Television is present with digital platforms such as Raycom Sports Interactive and PureCars. Gray Television has established itself as a leading media company in the U.S. over the past decades. In addition to expanding through acquisitions of other TV stations and companies, the company has also heavily invested in digital technology. Gray Television's strategic focus is consistently on media consolidation and expanding digital platforms due to the challenging environment of today's media market. Gray Television has been successful in expanding for years through the acquisition of regional television and radio stations. One of Gray Television's most successful acquisitions was the purchase of Raycom Media in 2018. This acquisition made Gray Television one of the largest owners and operators of local TV stations in the U.S. The acquisition also allowed Gray Television to reach a broader audience in many markets and add multiple award-winning journalism teams. Another important feature of Gray's strategy is that the company has focused on developing innovative digital platforms. These platforms include interactive applications with social networks, mobile and video content, and a stronger presence in the digital advertising market. To this end, PureCars was acquired in 2015, which offers comprehensive digital marketing technology and services for car dealers and car marketers. Gray Television has also been involved in attracting foreign media companies to the U.S. These efforts occurred when the U.S. federal government relaxed the guidelines for foreign ownership of television stations. The acquisition of KYTV-TV by a Thai investor in 2013 is one of the more well-known acquisitions in this context. The company has also started offering a fly-on-the-wall service in the form of a subscription. With this access, users can observe Gray Television's studio and experience reports up close. In conclusion, Gray Television Inc. has been successful as a media company for many years. Through the expansion of its national television and radio network and the expansion of digital platforms, Gray Television has shown that the company has capitalized on the opportunities and challenges of the media market and is working to secure its place in the future of television. Gray Television ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Gray Television's P/S Ratio

Gray Television's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing Gray Television's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating Gray Television's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in Gray Television’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

Frequently Asked Questions about Gray Television stock

What is the price-to-earnings ratio of Gray Television?

The price-earnings ratio of Gray Television is currently 0.15.

How has the price-earnings ratio of Gray Television changed compared to last year?

The price-to-earnings ratio of Gray Television has increased by -21.05% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Gray Television high compared to other companies?

Yes, the price-to-earnings ratio of Gray Television is high compared to other companies.

How does an increase in the price-earnings ratio of Gray Television affect the company?

An increase in the price-earnings ratio of Gray Television would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Gray Television affect the company?

A decrease in the price-earnings ratio of Gray Television would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Gray Television?

Some factors that influence the price-earnings ratio of Gray Television are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Gray Television pay?

Over the past 12 months, Gray Television paid a dividend of 0.32 USD . This corresponds to a dividend yield of about 5.88 %. For the coming 12 months, Gray Television is expected to pay a dividend of 0.35 USD.

What is the dividend yield of Gray Television?

The current dividend yield of Gray Television is 5.88 %.

When does Gray Television pay dividends?

Gray Television pays a quarterly dividend. This is distributed in the months of January, April, July, October.

How secure is the dividend of Gray Television?

Gray Television paid dividends every year for the past 2 years.

What is the dividend of Gray Television?

For the upcoming 12 months, dividends amounting to 0.35 USD are expected. This corresponds to a dividend yield of 6.47 %.

In which sector is Gray Television located?

Gray Television is assigned to the 'Communication' sector.

Wann musste ich die Aktien von Gray Television kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Gray Television from 9/30/2024 amounting to 0.08 USD, you needed to have the stock in your portfolio before the ex-date on 9/13/2024.

When did Gray Television pay the last dividend?

The last dividend was paid out on 9/30/2024.

What was the dividend of Gray Television in the year 2023?

In the year 2023, Gray Television distributed 0.32 USD as dividends.

In which currency does Gray Television pay out the dividend?

The dividends of Gray Television are distributed in USD.

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Andere Kennzahlen von Gray Television

Our stock analysis for Gray Television Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Gray Television Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.