Stingray Group's book value per share for the quarter that ended in Dec. 2024 was C$3.91.
During the past 12 months, Stingray Group's average Book Value Per Share Growth Rate was -11.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -1.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 0.40% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.
During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Stingray Group was 28.70% per year. The lowest was -1.70% per year. And the median was 10.90% per year.
Stingray Group's current price is C$8.76. Its book value per share for the quarter that ended in Dec. 2024 was C$3.91. Hence, today's PB Ratio of Stingray Group is 2.24.
During the past 10 years, the highest P/B Ratio of Stingray Group was 5.93. The lowest was 0.91. And the median was 1.91.
Warning Sign:
Stingray Group Inc stock PB Ratio (=2.22) is close to 5-year high of 2.31.
Stingray Group Book Value per Share Historical Data
The historical data trend for Stingray Group's Book Value per Share 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.
Competitive Comparison of Stingray Group's Book Value per Share
For the Broadcasting subindustry, Stingray Group'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.
Stingray Group's PB Ratio Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Stingray Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where Stingray Group's PB Ratio falls into.
* 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.
Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.
Stingray Group (TSX:RAY.B) Book Value per Share Explanation
Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.
For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.
Stingray Group Book Value per Share Related Terms
Thank you for viewing the detailed overview of Stingray Group's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Stingray Group Inc is a provider of multi-platform music services. It broadcasts music and video content on several platforms including radio stations, premium television channels, digital TV, satellite TV, IPTV, the Internet, mobile devices, and game consoles. The company's reportable segments are; Broadcasting and commercial music, Radio, and Corporate and eliminations. The maximum revenue is generated from its Broadcasting and commercial music segment which specializes in the broadcast of music and videos on multiple platforms and digital signage experiences and generates revenues from subscriptions or contracts. Geographically, the company derives its key revenue from Canada and the rest from the United States and other countries.
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