As of today (2024-05-05), Meredith's share price is $59.07. Meredith's Tangible Book per Share of Sep. 2021 for the quarter that ended in Sep. 2021 was $-56.43. Hence, Meredith's Price to Tangible Book Ratio of today is .
The historical rank and industry rank for Meredith's Price-to-Tangible-Book or its related term are showing as below:
MDP's Price-to-Tangible-Book is not ranked *
in the Media - Diversified industry.
Industry Median: 1.95 * Ranked among companies with meaningful Price-to-Tangible-Book only.
A closely related ratio is called PB Ratio. As of today, Meredith's share price is $59.07. Meredith's Book Value per Sharefor the quarter that ended in Sep. 2021 was $14.86. Hence, Meredith's P/B Ratio of today is 3.97.
Meredith Price-to-Tangible-Book Historical Data
The historical data trend for Meredith'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.
Competitive Comparison of Meredith's Price-to-Tangible-Book
For the Publishing subindustry, Meredith'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.
Meredith's Price-to-Tangible-Book Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Meredith's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Meredith's Price-to-Tangible-Book falls into.
Meredith Price-to-Tangible-Book Calculation
Meredith's price-to-tangible-book ratio for today is calculated as:
* 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 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.
Meredith Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Meredith's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Meredith Corp is an American media company that focuses on publications and marketing services around the home, family, food, and lifestyle markets. The company operates two divisions: national media and local media. The national media segment publishes magazines such as Every Day with Rachael Ray, Better Homes and Gardens, Family Fun, and Parents; this segment is the source of the majority of Meredith's revenue. The local media segment owns over 15 television stations around the United States. In 2014, the company announced a 10-year licensing agreement with Martha Stewart Omnimedia to acquire the rights to Martha Stewart Living, Martha Stewart Weddings, and marthastewart.com.
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