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Pop Culture Group Co (Pop Culture Group Co) PB Ratio : 0.18 (As of May. 17, 2024)


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What is Pop Culture Group Co 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 (2024-05-17), Pop Culture Group Co's share price is $1.89. Pop Culture Group Co's Book Value per Share for the quarter that ended in Dec. 2023 was $10.23. Hence, Pop Culture Group Co's PB Ratio of today is 0.18.

The historical rank and industry rank for Pop Culture Group Co's PB Ratio or its related term are showing as below:

CPOP' s PB Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.43   Max: 49.32
Current: 0.18

During the past 5 years, Pop Culture Group Co's highest PB Ratio was 49.32. The lowest was 0.08. And the median was 0.43.

CPOP's PB Ratio is ranked better than
96.54% of 954 companies
in the Media - Diversified industry
Industry Median: 1.455 vs CPOP: 0.18

During the past 12 months, Pop Culture Group Co's average Book Value Per Share Growth Rate was -47.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 14.00% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Pop Culture Group Co was 75.10% per year. The lowest was 14.00% per year. And the median was 44.55% per year.

Back to Basics: PB Ratio


Pop Culture Group Co PB Ratio Historical Data

The historical data trend for Pop Culture Group Co'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.

Pop Culture Group Co PB Ratio Chart

Pop Culture Group Co Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
PB Ratio
- - 27.98 0.69 0.45

Pop Culture Group Co Semi-Annual Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.62 0.69 0.40 0.45 0.10

Competitive Comparison of Pop Culture Group Co's PB Ratio

For the Entertainment subindustry, Pop Culture Group Co'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.


Pop Culture Group Co's PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Pop Culture Group Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Pop Culture Group Co's PB Ratio falls into.



Pop Culture Group Co 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.

Pop Culture Group Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=1.89/10.23
=0.18

* 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.


Pop Culture Group Co  (NAS:CPOP) 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.


Pop Culture Group Co PB Ratio Related Terms

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Pop Culture Group Co (Pop Culture Group Co) Business Description

Traded in Other Exchanges
N/A
Address
3rd Floor, No. 168 Fengqi Road, Jimei District, Fujian Province, Xiamen, CHN, 361008
Pop Culture Group Co Ltd hosts entertainment events, operates hip-hop-related online programs, and provides event planning and execution services and marketing services to corporate clients. It generates revenue from our Event Hosting business by providing sponsorship packages to advertisers in exchange for sponsorship fees and by selling tickets for those concerts.