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Circle Entertainment (Circle Entertainment) PB Ratio : (As of Jun. 10, 2024)


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What is Circle Entertainment 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), Circle Entertainment's share price is $0.004. Circle Entertainment's Book Value per Share for the quarter that ended in Dec. 2014 was $-0.28. Hence, Circle Entertainment's PB Ratio of today is .

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

CEXE's PB Ratio is not ranked *
in the Media - Diversified industry.
Industry Median: 1.415
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Circle Entertainment PB Ratio Historical Data

The historical data trend for Circle Entertainment'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.

Circle Entertainment PB Ratio Chart

Circle Entertainment Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
PB Ratio
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Circle Entertainment Quarterly Data
Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14
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Competitive Comparison of Circle Entertainment's PB Ratio

For the Entertainment subindustry, Circle Entertainment'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.


Circle Entertainment's PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Circle Entertainment's PB Ratio distribution charts can be found below:

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



Circle Entertainment 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.

Circle Entertainment's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2014)
=0.004/-0.282
=

* 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.


Circle Entertainment  (OTCPK:CEXE) 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.


Circle Entertainment PB Ratio Related Terms

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


Circle Entertainment (Circle Entertainment) Business Description

Traded in Other Exchanges
N/A
Address
70 East 55th Street, New York, NY, USA, 10022
Circle Entertainment Inc is involved in the development of location-based entertainment line of business.
Executives
John Miller director STARVEST MANAGEMENT, 750 LEXINGTON AVENUE, NEW YORK NY 10022

Circle Entertainment (Circle Entertainment) Headlines

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