Corus Entertainment (Corus Entertainment) PB Ratio

: 0.31 (As of Today)

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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 (2024-04-19), Corus Entertainment's share price is $0.375. Corus Entertainment's Book Value per Share for the quarter that ended in Feb. 2024 was $1.23. Hence, Corus Entertainment's PB Ratio of today is 0.31.

Good Sign:

Corus Entertainment Inc stock PB Ratio (=0.31) is close to 3-year low of 0.31

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

CJREF' s PB Ratio Range Over the Past 10 Years
Min: 0.27 Med: 0.93 Max: 1.83
Current: 0.31

During the past 13 years, Corus Entertainment's highest PB Ratio was 1.83. The lowest was 0.27. And the median was 0.93.

CJREF's PB Ratio is ranked better than
91.79% of 950 companies
in the Media - Diversified industry
Industry Median: 1.46 vs CJREF: 0.31

During the past 12 months, Corus Entertainment's average Book Value Per Share Growth Rate was -56.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -28.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -23.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -18.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Corus Entertainment was 7.80% per year. The lowest was -28.50% per year. And the median was -0.80% per year.

Back to Basics: PB Ratio

Corus Entertainment PB Ratio Historical Data

The historical data trend for Corus 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.

Corus Entertainment Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

PB Ratio

0.69

0.77

1.23

0.99

0.87

Corus Entertainment Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
PB Ratio																0.50	0.93	0.87	0.34	0.42

Competitive Comparison

For the Entertainment subindustry, Corus 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.

Corus Entertainment PB Ratio Distribution

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

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

Corus 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Feb. 2024)
	=	0.375	/	1.227
	=	0.31

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Corus Entertainment (OTCPK:CJREF) 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.

Corus Entertainment PB Ratio Related Terms

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Corus Entertainment (Corus Entertainment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Corus Entertainment Inc (OTCPK:CJREF) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

9CO:Germany CJR.B:Canada

Address

25 Dockside Drive, Corus Quay, Toronto, ON, CAN, M5A 0B5

Website

https://www.corusent.com

Corus Entertainment Inc is a media and content company that operates in the diversified media industry. The company has two business segments, which includes television, and radio. The television business segment has a portfolio of television channels. The radio business segment controls a number of stations that cater to the music, news, and talk radio markets. Television segment is the key revenue driver for the group. The company generates the vast majority of its revenue in Canada.