As of today (2024-04-18), News's share price is $24.03. News's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.95. Hence, News's Price to Tangible Book Ratio of today is 25.19.
The historical rank and industry rank for News's Price-to-Tangible-Book or its related term are showing as below:
NWSA'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.14 Med: 4.6 Max: 32.63
Current: 25.29
During the past 13 years, News's highest Price to Tangible Book Ratio was 32.63. The lowest was 1.14. And the median was 4.60.
NWSA's Price-to-Tangible-Book is ranked worse than 96.01% of 776
companies
in the Media - Diversified industry
Industry Median: 1.865
vs NWSA: 25.29
A closely related ratio is called PB Ratio. As of today, News's share price is $24.03. News's Book Value per Sharefor the quarter that ended in Dec. 2023 was $14.32. Hence, News's P/B Ratio of today is 1.68.
News Price-to-Tangible-Book Historical Data
The historical data trend for News'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.
News Annual Data
Trend
Jun14
Jun15
Jun16
Jun17
Jun18
Jun19
Jun20
Jun21
Jun22
Jun23
Price-to-Tangible-Book
5.02
3.95
11.04
23.82
25.62
News Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Price-to-Tangible-Book
28.84
24.88
25.62
30.96
25.73
Competitive Comparison
For the Entertainment subindustry, News'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.
News Price-to-Tangible-Book Distribution
For the Media - Diversified industry and Communication Services sector, News's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where News's Price-to-Tangible-Book falls into.
News Price-to-Tangible-Book Calculation
News'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.
News Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of News's Price-to-Tangible-Book 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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