Start with its own history
At 14.95×, TGNA is 85.6% above its 10-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NYSE · TGNABroadcastingUpdated Nov 1, 2026
TEGNA Inc. P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
14.95×
85.6% abovethe 10-year annual average
Share price20.03
÷Earnings per share1.34
Price and EPS in quote currency. Calculation details
Investors are paying 14.95 for every 1 of reported earnings per share.
P/E over time
2016 – 2025
Annual P/ESelected-period average 8.05×
3-year average8.70×3 positive annual observations
5-year average8.45×5 positive annual observations
10-year average8.05×10 positive annual observations
Peer median · TTM16.22×7 peers with positive P/E
Historical P/E ratios
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2025 | 14.27× | +177.0% |
| Dec 31, 2024 | 5.15× | -22.9% |
| Dec 31, 2023 | 6.68× | -11.1% |
| Dec 31, 2022 | 7.51× | -13.0% |
| Dec 31, 2021 | 8.63× | +36.1% |
| Dec 31, 2020 | 6.34× | -49.9% |
| Dec 31, 2019 | 12.64× | +116.4% |
| Dec 31, 2018 | 5.84× | -13.7% |
View all 25 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2017 | 6.77× | +1.2% |
| Dec 31, 2016 | 6.69× | -35.0% |
| Dec 31, 2015 | 10.28× | +194.8% |
| Dec 31, 2014 | 3.49× | -60.9% |
| Dec 31, 2013 | 8.91× | +76.7% |
| Dec 31, 2012 | 5.04× | +41.4% |
| Dec 31, 2011 | 3.57× | +14.0% |
| Dec 31, 2010 | 3.13× | -37.5% |
| Dec 31, 2009 | 5.01× | N/M |
| Dec 31, 2008 | N/M | N/M |
| Dec 31, 2007 | 4.41× | -30.1% |
| Dec 31, 2006 | 6.31× | +3.3% |
| Dec 31, 2005 | 6.11× | -27.5% |
| Dec 31, 2004 | 8.42× | -17.2% |
| Dec 31, 2003 | 10.17× | +20.3% |
| Dec 31, 2002 | 8.46× | -25.1% |
| Dec 31, 2001 | 11.29× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How TGNA compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 TGNA This stockTEGNA Inc. | 14.95× |
 KYIVKyivstar Group Ltd. Common Shares | 20.03× |
 CNKCinemark Holdings, Inc. | 16.22× |
 WBWeibo Corporation | 4.85× |
 TEOTelecom Argentina S.A. | 10.32× |
 JOYYJOYY, Inc. Sponsored ADR Class A | 19.00× |
 VEONVEON Ltd. | 116.19× |
 MANUManchester United plc | N/M |
 PHIPLDT Inc. | 9.00× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does TGNA’s P/E tell you?
Compare like with like
The median of the 7 positive peer ratios above is 16.22×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
Check what drives earnings
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Take TGNA into your spreadsheet
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore WisesheetsQuarterly P/E · latest quarterLQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data
=WISE("TGNA", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 20.03 ÷ EPS 1.34 = 14.95×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 1, 2026; this is not a real-time trading quote.
History & averages
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
Data definitions and limitations
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
TGNA P/E ratio: common questions
The essentials behind the numbers.
TEGNA Inc.'s current P/E is 14.95× based on the quote data last updated Nov 1, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.