GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Comcast Corp (NAS:CMCSA) » Definitions » PB Ratio

Comcast (Comcast) PB Ratio

: 1.91 (As of Today)
View and export this data going back to 1988. Start your Free Trial

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 (2024-04-18), Comcast's share price is $39.61. Comcast's Book Value per Share for the quarter that ended in Dec. 2023 was $20.79. Hence, Comcast's PB Ratio of today is 1.91.

Good Sign:

Comcast Corp stock PB Ratio (=1.88) is close to 1-year low of 1.88

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

CMCSA' s PB Ratio Range Over the Past 10 Years
Min: 1.54   Med: 2.47   Max: 3.62
Current: 1.91

During the past 13 years, Comcast's highest PB Ratio was 3.62. The lowest was 1.54. And the median was 2.47.

CMCSA's PB Ratio is ranked worse than
55.07% of 365 companies
in the Telecommunication Services industry
Industry Median: 1.71 vs CMCSA: 1.91

During the past 12 months, Comcast's average Book Value Per Share Growth Rate was 8.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 4.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 8.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Comcast was 152.30% per year. The lowest was -586.00% per year. And the median was 6.30% per year.

Back to Basics: PB Ratio


Comcast PB Ratio Historical Data

The historical data trend for Comcast'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.

Comcast Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.48 2.66 2.37 1.82 2.11

Comcast Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio 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 Premium Member Only Premium Member Only Premium Member Only 1.82 1.92 2.04 2.18 2.11

Competitive Comparison

For the Telecom Services subindustry, Comcast'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.


Comcast PB Ratio Distribution

For the Telecommunication Services industry and Communication Services sector, Comcast's PB Ratio distribution charts can be found below:

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



Comcast 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.

Comcast's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=39.61/20.786
=1.91

* 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.


Comcast  (NAS:CMCSA) 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.


Comcast PB Ratio Related Terms

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


Comcast (Comcast) Business Description

Address
One Comcast Center, Philadelphia, PA, USA, 19103-2838
Comcast is made up of three parts. The core cable business owns networks capable of providing television, internet access, and phone services to 62 million U.S. homes and businesses, or nearly half of the country. About 55% of the homes in this territory subscribe to at least one Comcast service. Comcast acquired NBCUniversal from General Electric in 2011. NBCU owns several cable networks, including CNBC, MSNBC, and USA, the NBC broadcast network, the Peacock streaming platform, several local NBC affiliates, Universal Studios, and several theme parks. Sky, acquired in 2018, is the dominant television provider in the U.K. and has invested heavily in proprietary content to build this position. Sky is also the largest pay-television provider in Italy and has a presence in Germany and Austria.
Executives
Jason Armstrong officer: CFO & Treasurer C/O COMCAST CORP, ONE COMCAST CENTER, PHILADELPHIA PA 19103
Louise F. Brady director 22 SYLVAN WAY, PARSIPPANY NY 07054
Baltimore Thomas J Jr director PARK HOTELS & RESORTS INC., 1775 TYSONS BLVD, 7TH FLOOR, TYSONS VA 22102
Jennifer Khoury officer: Chief Communications Officer C/O COMCAST CORP, ONE COMCAST CENTER, PHILADELPHIA PA 19103
Kenneth J Bacon director 5404 WISCONSIN AVENUE, SUITE 410, CHEVY CHASE MD 20815
Daniel C. Murdock officer: SVP & Chief Accounting Officer 1500 MARKET STREET, PHILADELPHIA PA 19102
David N Watson officer: Sr. EVP 1100 CASSATT ROAD, BERWYN PA 19312
Brian L Roberts director, officer: Chairman of Board, Pres. & CEO COMCAST CORP, ONE COMCAST CENTER, 1701 JFK BOULEVARD, PHILIDELPHIA PA 19103
Maritza Gomez Montiel director C/O APTARGROUP, INC., 265 EXCHANGE DRIVE, SUITE 100, CRYSTAL LAKE IL 60014
Adam Louis Miller officer: Sr. EVP ONE COMCAST CENTER, PHILADELPHIA PA 19103-2838
Dana Strong officer: CEO - Sky C/O COMCAST CORPORATION, ONE COMCAST CENTER, PHILADELPHIA PA 19103-2838
Jeff Shell officer: CEO - NBCUniversal C/O COMCAST CORPORATION, ONE COMCAST CENTER, PHILADELPHIA PA 19103
Naomi M. Bergman director 210 E. EARLL DRIVE, PHOENIX AZ 85012
Sheldon M Bonovitz director
David L Cohen officer: Executive Vice President