Nexstar Media Group, Inc.
NXST
Rank in Stocks
#3354
Nexstar Media Group, Inc. is a diversified U.S. media corporation focused on... Nexstar Media Group, Inc. is a diversified U.S. media corporation focused on broadcast television and digital content. The company specializes in the strategic acquisition, development, and management of local television stations, along with operating interactive community-focused websites and a variety of digital media services. It provides no-cost programming to television viewers across the nation. By the end of 2020, Nexstar directly owned, operated, programmed, or offered sales and other services to 198 television stations. Furthermore, it extended sales, programming, and other support through local service agreements to an additional 37 independent power television stations. The company also furnishes advanced video and display advertising solutions, which can be deployed both locally and nationally across its own digital platforms and various third-party websites and mobile applications. Nexstar is also the proprietor of WGN America, a national cable channel featuring general entertainment. Its broad network of stations is affiliated with major broadcast networks such as ABC, NBC, FOX, CBS, The CW, and MyNetworkTV, among others. Originally known as Nexstar Broadcasting Group, Inc., the company adopted its current name, Nexstar Media Group, Inc., in January 2017. Founded in 1996, its corporate headquarters are located in Irving, Texas.
Share Price
$168.99
Market Cap
$5.21B
Change (1 day)
1.92%
Change (1 year)
-13.02%
Country
US
Trade Nexstar Media Group, Inc. (NXST)
Category
Communication Services
P/B ratio for Nexstar Media Group, Inc. (NXST)
P/B ratio as of October 2026 TTM: 2.17
According to Nexstar Media Group, Inc. latest financial reports and stock price the company's current price-to-book ratio (TTM) is 2.17. At the end of 2023 the company had a P/B ratio of 2.41.
P/B ratio history for Nexstar Media Group, Inc. from 2000 to 2026
P/B ratio at the end of each year
| Year | P/B Ratio | Change |
|---|---|---|
| 2026 (TTM) | 2.17 | -4.12% |
| 2024 | 2.26 | -6.08% |
| 2023 | 2.41 | -4.17% |
| 2022 | 2.51 | 12.59% |
| 2021 | 2.23 | 14.59% |
| 2020 | 1.95 | -26.62% |
| 2019 | 2.65 | 36.77% |
| 2018 | 1.94 | -14.82% |
| 2017 | 2.28 | -80.16% |
| 2016 | 11.48 | -49.25% |
| 2015 | 22.63 | -25.41% |
| 2014 | 30.34 | -124.21% |
| 2013 | -125.31 | -220.78% |
| 2012 | 103.75 | -8,578.30% |
| 2011 | -1.22 | 25.86% |
| 2010 | -0.97 | 48.85% |
| 2009 | -0.65 | 643.12% |
| 2008 | -0.09 | -96.97% |
| 2007 | -2.90 | 61.30% |
| 2006 | -1.80 | -16.35% |
| 2005 | -2.15 | -85.77% |
| 2004 | -15.12 | -122.69% |
| 2003 | 66.63 | -1,103.83% |
| 2002 | -6.64 | -105.74% |
| 2001 | 115.66 | 0.00% |
| 2000 | 0.00 | 0.00% |
P/B ratio for similar companies or competitors
| Company | P/B Ratio | P/B Ratio Difference | Country |
|---|---|---|---|
| - | - |
US
|
|
| 0.9567 | -55.85% |
US
|
|
| 0.7502 | -65.38% |
US
|
|
| 0.5696 | -73.71% |
JP
|
|
| 1.1511 | -46.88% |
LU
|
