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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 06 Jun 2023 | US$39.4b | US$71.1b | US$2.2b | 6.8x | 18x | 0.6x |
| Thu, 04 May 2023 | US$46.3b | US$70.5b | US$4.4b | 9.1x | 10.5x | 0.7x |
| Sat, 01 Apr 2023 | US$48.1b | US$75.0b | US$6.6b | 6.5x | 7.3x | 0.6x |
| Mon, 27 Feb 2023 | US$52.3b | US$74.5b | US$6.6b | 8.2x | 7.9x | 0.7x |
| Wed, 25 Jan 2023 | US$49.4b | US$74.1b | US$8.4b | 6.2x | 5.9x | 0.7x |
| Fri, 23 Dec 2022 | US$44.6b | US$74.1b | US$8.4b | 5.5x | 5.3x | 0.6x |
| Sun, 20 Nov 2022 | US$46.6b | US$74.1b | US$8.4b | 5.9x | 5.5x | 0.6x |
| Tue, 18 Oct 2022 | US$47.5b | US$73.8b | US$9.1b | 8.1x | 5.2x | 0.6x |
| Thu, 15 Sep 2022 | US$52.8b | US$73.8b | US$9.1b | 8.6x | 5.8x | 0.7x |
| Sat, 13 Aug 2022 | US$59.0b | US$73.8b | US$9.1b | 8.9x | 6.5x | 0.8x |
| Mon, 11 Jul 2022 | US$54.1b | US$72.6b | US$9.2b | 7.6x | 5.9x | 0.7x |
| Wed, 08 Jun 2022 | US$60.8b | US$72.6b | US$9.2b | 8.1x | 6.6x | 0.8x |
| Fri, 06 May 2022 | US$76.1b | US$77.5b | US$7.8b | 11.5x | 9.7x | 1x |
| Sun, 03 Apr 2022 | US$85.5b | US$77.5b | US$8.3b | 11.7x | 10.3x | 1.1x |
| Tue, 01 Mar 2022 | US$84.7b | US$77.6b | US$8.5b | 10.9x | 10x | 1.1x |
| Thu, 27 Jan 2022 | US$78.2b | US$75.8b | US$7.9b | 8.3x | 9.9x | 1x |
| Sat, 25 Dec 2021 | US$77.2b | US$75.8b | US$7.9b | 8.2x | 9.8x | 1x |
| Mon, 22 Nov 2021 | US$82.7b | US$75.8b | US$7.9b | 8.9x | 10.5x | 1.1x |
| Wed, 20 Oct 2021 | US$87.6b | US$73.4b | US$8.6b | 10.9x | 10.2x | 1.2x |
| Fri, 17 Sep 2021 | US$86.7b | US$73.4b | US$8.6b | 9.6x | 10.1x | 1.2x |
| Sun, 15 Aug 2021 | US$85.9b | US$73.4b | US$8.5b | 9.6x | 10.1x | 1.2x |
| Thu, 10 Jun 2021 | US$92.4b | US$70.3b | US$7.0b | 10.6x | 13.3x | 1.3x |
| Wed, 03 Mar 2021 | US$111.7b | US$69.8b | US$4.5b | 10.3x | 24.7x | 1.6x |
| Sat, 05 Dec 2020 | US$71.4b | US$68.2b | US$2.5b | 9.9x | 28.4x | 1x |
| Tue, 08 Sep 2020 | US$63.2b | US$74.1b | US$2.0b | 11.5x | 31.7x | 0.9x |
Price to Earnings Ratio
29x
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 Market | 2.08% | |
| Telecom | 1.12% | |
| Media | 1.25% | |
| Broadcasting | 2.37% | |
| Advertising | 5.58% | |
| Publishing | 2.30% | |
| 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| FOXA Fox | US$32.19 | 2.5% +US$398.7m | -5.5% | PE13.9x | |
| TGNA TEGNA | US$16.20 | 5.4% +US$186.8m | -25.2% | PE6.1x | |
| NXST Nexstar Media Group | US$156.77 | 2.8% +US$152.4m | -10.4% | PE6.8x | |
| PARA Paramount Global | US$15.13 | 1.5% +US$143.3m | -50.3% | PS0.3x | |
| IHRT iHeartMedia | US$3.18 | 33.3% +US$118.0m | -72.0% | PS0.1x |
