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U.S. Broadcasting Industry Analysis

UpdatedJun 05, 2023
DataAggregated Company Financials
Companies27
  • 7D2.4%
  • 3M-16.9%
  • 1Y-30.5%
  • YTD-7.1%

Over the last 7 days, the Broadcasting industry has risen 2.4%, driven by gains from Paramount Global of 3.3%. Meanwhile, Sinclair actually underperformed within the industry, shrinking 6.1% in the last week. In contrast, the industry has lost 30% in the last 12 months. Looking forward, earnings are forecast to grow by 22% annually.

Industry Valuation and Performance

Has the U.S. Broadcasting Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 06 Jun 2023US$39.4bUS$71.1bUS$2.2b6.8x18x0.6x
Thu, 04 May 2023US$46.3bUS$70.5bUS$4.4b9.1x10.5x0.7x
Sat, 01 Apr 2023US$48.1bUS$75.0bUS$6.6b6.5x7.3x0.6x
Mon, 27 Feb 2023US$52.3bUS$74.5bUS$6.6b8.2x7.9x0.7x
Wed, 25 Jan 2023US$49.4bUS$74.1bUS$8.4b6.2x5.9x0.7x
Fri, 23 Dec 2022US$44.6bUS$74.1bUS$8.4b5.5x5.3x0.6x
Sun, 20 Nov 2022US$46.6bUS$74.1bUS$8.4b5.9x5.5x0.6x
Tue, 18 Oct 2022US$47.5bUS$73.8bUS$9.1b8.1x5.2x0.6x
Thu, 15 Sep 2022US$52.8bUS$73.8bUS$9.1b8.6x5.8x0.7x
Sat, 13 Aug 2022US$59.0bUS$73.8bUS$9.1b8.9x6.5x0.8x
Mon, 11 Jul 2022US$54.1bUS$72.6bUS$9.2b7.6x5.9x0.7x
Wed, 08 Jun 2022US$60.8bUS$72.6bUS$9.2b8.1x6.6x0.8x
Fri, 06 May 2022US$76.1bUS$77.5bUS$7.8b11.5x9.7x1x
Sun, 03 Apr 2022US$85.5bUS$77.5bUS$8.3b11.7x10.3x1.1x
Tue, 01 Mar 2022US$84.7bUS$77.6bUS$8.5b10.9x10x1.1x
Thu, 27 Jan 2022US$78.2bUS$75.8bUS$7.9b8.3x9.9x1x
Sat, 25 Dec 2021US$77.2bUS$75.8bUS$7.9b8.2x9.8x1x
Mon, 22 Nov 2021US$82.7bUS$75.8bUS$7.9b8.9x10.5x1.1x
Wed, 20 Oct 2021US$87.6bUS$73.4bUS$8.6b10.9x10.2x1.2x
Fri, 17 Sep 2021US$86.7bUS$73.4bUS$8.6b9.6x10.1x1.2x
Sun, 15 Aug 2021US$85.9bUS$73.4bUS$8.5b9.6x10.1x1.2x
Thu, 10 Jun 2021US$92.4bUS$70.3bUS$7.0b10.6x13.3x1.3x
Wed, 03 Mar 2021US$111.7bUS$69.8bUS$4.5b10.3x24.7x1.6x
Sat, 05 Dec 2020US$71.4bUS$68.2bUS$2.5b9.9x28.4x1x
Tue, 08 Sep 2020US$63.2bUS$74.1bUS$2.0b11.5x31.7x0.9x
Price to Earnings Ratio

29x


Total Market Cap: US$57.9bTotal Earnings: US$2.0bTotal Revenue: US$74.1bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Broadcasting Industry Price to Earnings3Y Average 13.3x202120222023
Current Industry PE
  • Investors are optimistic on the American Broadcasting industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 18.0x which is higher than its 3-year average PE of 13.3x.
  • The industry is trading close to its 3-year average PS ratio of 0.96x.
Past Earnings Growth
  • The earnings for companies in the Broadcasting industry have grown 3.2% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Comparison

How does U.S. Broadcasting compare with similar industries?

US Market2.08%
Telecom1.12%
Media1.25%
Broadcasting2.37%
Advertising5.58%
Publishing2.30%
Cable and Satellite-0.47%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
FOXA FoxUS$32.192.5%
+US$398.7m
-5.5%PE13.9x
TGNA TEGNAUS$16.205.4%
+US$186.8m
-25.2%PE6.1x
NXST Nexstar Media GroupUS$156.772.8%
+US$152.4m
-10.4%PE6.8x
PARA Paramount GlobalUS$15.131.5%
+US$143.3m
-50.3%PS0.3x
IHRT iHeartMediaUS$3.1833.3%
+US$118.0m
-72.0%PS0.1x
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Latest News

NXST

US$156.77

Nexstar Media Group

7D

2.8%

1Y

-10.4%

TSQ

US$10.91

Townsquare Media

7D

21.6%

1Y

10.9%

UONE.K

US$5.54

Urban One

7D

-3.1%

1Y

4.5%

TGNA

US$16.20

TEGNA

7D

5.4%

1Y

-25.2%

PARA

US$15.13

Paramount Global

7D

1.5%

1Y

-50.3%

SALM

US$0.95

Salem Media Group

7D

-1.8%

1Y

-66.2%

SGA

US$19.90

Saga Communications

7D

3.0%

1Y

-13.9%

CMLS

US$3.20

Cumulus Media

7D

-0.9%

1Y

-72.3%

IHRT

US$3.18

iHeartMedia

7D

33.3%

1Y

-72.0%