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China VTV (China VTV) PB Ratio : 328.13 (As of Jun. 10, 2024)


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What is China VTV PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-06-10), China VTV's share price is $5.25. China VTV's Book Value per Share for the quarter that ended in Aug. 2020 was $0.02. Hence, China VTV's PB Ratio of today is 328.13.

The historical rank and industry rank for China VTV's PB Ratio or its related term are showing as below:

CVTV's PB Ratio is not ranked *
in the Interactive Media industry.
Industry Median: 1.965
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


China VTV PB Ratio Historical Data

The historical data trend for China VTV's PB Ratio 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.

China VTV PB Ratio Chart

China VTV Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20
PB Ratio
Get a 7-Day Free Trial - - - - -

China VTV Quarterly Data
Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 115.38 165.63

Competitive Comparison of China VTV's PB Ratio

For the Internet Content & Information subindustry, China VTV's PB Ratio, along with its competitors' market caps and PB Ratio 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.


China VTV's PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, China VTV's PB Ratio distribution charts can be found below:

* The bar in red indicates where China VTV's PB Ratio falls into.



China VTV PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

China VTV's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Aug. 2020)
=5.25/0.016
=328.13

* 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.

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

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


China VTV  (OTCPK:CVTV) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

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


China VTV PB Ratio Related Terms

Thank you for viewing the detailed overview of China VTV's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


China VTV (China VTV) Business Description

Traded in Other Exchanges
N/A
Address
315-321 Lockhart Road, 23 Floor, Flat C, Wan Chai, Hong Kong, HKG
China VTV Ltd is an early stage internet-based online entertainment media company that focuses on audience interaction, entertainment, and business opportunities. It has established a Blockchain cloud-based platform that distributes news, videos, television shows, travel programs, and other entertainment programs via the internet to the end devices, such as computers, smart TVs, smartphones, and tablets. The company generates revenue from the sales of copyrights, original stories, and finished products, licensing literal copyrights, and advertising services.
Executives
Jack Chen director, 10 percent owner, officer: See Remarks ROOM 701, BUILDING 13, LANE 51 SHANGZHONG ROAD, XUHUI DISTRICT SHANGHAI F4 00000

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