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 (2024-04-19), News's share price is $24.03. News's Book Value per Share for the quarter that ended in Dec. 2023 was $14.32. Hence, News's PB Ratio of today is 1.68.
The historical rank and industry rank for News's PB Ratio or its related term are showing as below:
NWSA'
s PB Ratio Range Over the Past 10 Years
Min: 0.53 Med: 0.84 Max: 1.98
Current: 1.68
During the past 13 years, News's highest PB Ratio was 1.98. The lowest was 0.53. And the median was 0.84.
NWSA's PB Ratio is ranked worse than 56.9% of 949
companies
in the Media - Diversified industry
Industry Median: 1.45
vs NWSA: 1.68
During the past 12 months, News's average Book Value Per Share Growth Rate was 1.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 3.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -2.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -5.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of News was 10.50% per year. The lowest was -11.40% per year. And the median was -3.95% per year.
Back to Basics: PB Ratio
News PB Ratio Historical Data
The historical data trend for News'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.
News Annual Data
Trend
Jun14
Jun15
Jun16
Jun17
Jun18
Jun19
Jun20
Jun21
Jun22
Jun23
PB Ratio
0.86
0.92
1.85
1.11
1.38
News Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
PB Ratio
1.29
1.23
1.38
1.46
1.71
Competitive Comparison
For the Entertainment subindustry, News'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.
News PB Ratio Distribution
For the Media - Diversified industry and Communication Services sector, News's PB Ratio distribution charts can be found below:
* The bar in red indicates where News's PB Ratio falls into.
News 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.
News's PB Ratio for today is calculated as follows:
* 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.
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.
News PB Ratio Related Terms
Thank you for viewing the detailed overview of News's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
News Corporation is a diversified media conglomerate with significant presence in the U.S, the U.K., and Australia. Key mastheads include The Wall Street Journal, Herald Sun, and The Times. The company also has a strong presence in the Australian pay-TV market through Fox Sports and Foxtel (both 65%-owned), while its 61%-owned REA Group is the dominant real estate classified business in Australia. In addition, it owns HarperCollins, one of the largest book publishers in the world, and also has a substantial digital property advertising business (Move) in the U.S.
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