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Sing Tao News (FRA:PVGB) PB Ratio : 0.11 (As of May. 12, 2024)


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What is Sing Tao News 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 (2024-05-12), Sing Tao News's share price is €0.0255. Sing Tao News's Book Value per Share for the quarter that ended in Dec. 2023 was €0.23. Hence, Sing Tao News's PB Ratio of today is 0.11.

Good Sign:

Sing Tao News Corp Ltd stock PB Ratio (=0.16) is close to 10-year low of 0.15

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

FRA:PVGB' s PB Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.42   Max: 0.75
Current: 0.16

During the past 13 years, Sing Tao News's highest PB Ratio was 0.75. The lowest was 0.15. And the median was 0.42.

FRA:PVGB's PB Ratio is ranked better than
97.69% of 952 companies
in the Media - Diversified industry
Industry Median: 1.475 vs FRA:PVGB: 0.16

During the past 12 months, Sing Tao News's average Book Value Per Share Growth Rate was -1.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -4.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -4.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -2.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Sing Tao News was 22.50% per year. The lowest was -5.40% per year. And the median was 2.50% per year.

Back to Basics: PB Ratio


Sing Tao News PB Ratio Historical Data

The historical data trend for Sing Tao 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.

Sing Tao News PB Ratio Chart

Sing Tao News Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.41 0.21 0.17 0.16

Sing Tao News Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
PB Ratio Get a 7-Day Free Trial 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 0.21 0.23 0.17 0.19 0.16

Competitive Comparison of Sing Tao News's PB Ratio

For the Publishing subindustry, Sing Tao 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.


Sing Tao News's PB Ratio Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Sing Tao News's PB Ratio falls into.



Sing Tao 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.

Sing Tao News's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=0.0255/0.227
=0.11

* 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.


Sing Tao News  (FRA:PVGB) 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.


Sing Tao News PB Ratio Related Terms

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


Sing Tao News (FRA:PVGB) Business Description

Traded in Other Exchanges
Address
7 Chun Cheong Street, Sing Tao News Corporation Building, Tseung Kwan O Industrial Estate, Tseung Kwan O, New Territories, Hong Kong, HKG
Sing Tao News Corp Ltd is an investment holding company. It is principally engaged in the business of publishing and distribution of newspapers, magazines and books to readers in Hong Kong, Canada, the United States of America and Europe, and sales of respective content of such publications in the People's Republic of China including Hong Kong.

Sing Tao News (FRA:PVGB) Headlines

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