• Nexstar Media average price/book ratio for 2024 was 2.24, a 7.18% increase from 2023.
• Nexstar Media average price/book ratio for 2023 was 2.09, a 0.95% increase from 2022.
• Nexstar Media average price/book ratio for 2022 was 2.11, a 3.43% decline from 2021.

Price/book ratio can be defined as