Believe (XPAR:BLV) Price-to-Tangible-Book : 15.24 (As of May. 30, 2024)

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What is Believe Price-to-Tangible-Book?

As of today (2024-05-30), Believe's share price is €15.00. Believe's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was €0.98. Hence, Believe's Price to Tangible Book Ratio of today is 15.24.

The historical rank and industry rank for Believe's Price-to-Tangible-Book or its related term are showing as below:

XPAR:BLV' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4.66 Med: 7.59 Max: 15.67
Current: 15.31

During the past 7 years, Believe's highest Price to Tangible Book Ratio was 15.67. The lowest was 4.66. And the median was 7.59.

XPAR:BLV's Price-to-Tangible-Book is ranked worse than
94.34% of 778 companies
in the Media - Diversified industry
Industry Median: 1.835 vs XPAR:BLV: 15.31

A closely related ratio is called PB Ratio. As of today, Believe's share price is €15.00. Believe's Book Value per Sharefor the quarter that ended in Jun. 2023 was €3.87. Hence, Believe's P/B Ratio of today is 3.87.

Believe Price-to-Tangible-Book Historical Data

The historical data trend for Believe's Price-to-Tangible-Book can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Believe Price-to-Tangible-Book Chart

Believe Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

8.76

6.41

Believe Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial				8.76	4.66	6.41	11.57	-

Competitive Comparison of Believe's Price-to-Tangible-Book

For the Entertainment subindustry, Believe's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Believe's Price-to-Tangible-Book Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Believe's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Believe's Price-to-Tangible-Book falls into.

Believe Price-to-Tangible-Book Calculation

Believe's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2023 )
	=	15.00	/	0.984
	=	15.24

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Believe Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Believe's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Believe (XPAR:BLV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Believe SA (XPAR:BLV) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

8T6:Germany

Address

24 rue Toulouse Lautrec, Paris, FRA, 75017

Website

https://www.believemusic.com

Believe SA specializes in the sale and promotion of audio and video content from artists and independent labels. The Company has identified two operating segments which is Premium Solutions and Automated Solutions. Premium solutions this consists mainly of the sale, promotion and delivery of digital content provided by artists and labels for which the Group is responsible for developing their catalog on digital platforms and social media, as appropriate, using a split revenue model. Automated Solutions whereby the Group enablesartists, via its TuneCore digital platform, to distribute their audio content in an automated manner to streaming and social media platforms in return for a subscription fee or margin. The company generated majority of its revenue from Premium Solutions.

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