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Eastern Media International (TPE:2614) PB Ratio : 1.74 (As of Jun. 13, 2024)


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What is Eastern Media International 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 (2024-06-13), Eastern Media International's share price is NT$19.45. Eastern Media International's Book Value per Share for the quarter that ended in Mar. 2024 was NT$11.15. Hence, Eastern Media International's PB Ratio of today is 1.74.

Good Sign:

Eastern Media International Corp stock PB Ratio (=1.8) is close to 3-year low of 1.66

The historical rank and industry rank for Eastern Media International's PB Ratio or its related term are showing as below:

TPE:2614' s PB Ratio Range Over the Past 10 Years
Min: 0.5   Med: 1.16   Max: 5.38
Current: 1.75

During the past 13 years, Eastern Media International's highest PB Ratio was 5.38. The lowest was 0.50. And the median was 1.16.

TPE:2614's PB Ratio is ranked worse than
73.41% of 519 companies
in the Conglomerates industry
Industry Median: 1.01 vs TPE:2614: 1.75

During the past 12 months, Eastern Media International's average Book Value Per Share Growth Rate was -7.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -19.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -13.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -6.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Eastern Media International was 10.70% per year. The lowest was -23.90% per year. And the median was -6.55% per year.

Back to Basics: PB Ratio


Eastern Media International PB Ratio Historical Data

The historical data trend for Eastern Media International'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.

Eastern Media International PB Ratio Chart

Eastern Media International 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 0.99 1.55 2.80 3.15 2.06

Eastern Media International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.48 2.37 1.81 2.06 1.82

Competitive Comparison of Eastern Media International's PB Ratio

For the Conglomerates subindustry, Eastern Media International'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.


Eastern Media International's PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Eastern Media International's PB Ratio distribution charts can be found below:

* The bar in red indicates where Eastern Media International's PB Ratio falls into.



Eastern Media International 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.

Eastern Media International's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=19.45/11.15
=1.74

* 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.


Eastern Media International  (TPE:2614) 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.


Eastern Media International PB Ratio Related Terms

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


Eastern Media International (TPE:2614) Business Description

Traded in Other Exchanges
N/A
Address
Fuxing South Road, 5th Floor, 8th Floor., No. 368, Section 1, Da'an District, Taipei, TWN, 106
Eastern Media International Corp is mainly based on business diversification. In addition to land development, grain trading, and consumer product development and sales, the company has diversified into new businesses such as cross-strait trade platforms and multimedia shopping through its investment in subsidiaries. It engages in forwarding, loading, and unloading cargo onto/from ships, handling and operating wharf and transit shed facilities, selling pet food and supplies, providing pet beauty service, video advertising services, and the production of related shows.

Eastern Media International (TPE:2614) Headlines

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