What is Saga Communications Price-to-Tangible-Book?
As of today (2024-04-24), Saga Communications's share price is $22.74. Saga Communications's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $9.71. Hence, Saga Communications's Price to Tangible Book Ratio of today is 2.34.
The historical rank and industry rank for Saga Communications's Price-to-Tangible-Book or its related term are showing as below:
SGA'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.68 Med: 2.64 Max: 9.09
Current: 2.34
During the past 13 years, Saga Communications's highest Price to Tangible Book Ratio was 9.09. The lowest was 1.68. And the median was 2.64.
SGA's Price-to-Tangible-Book is ranked worse than 58.17% of 777
companies
in the Media - Diversified industry
Industry Median: 1.87
vs SGA: 2.34
A closely related ratio is called PB Ratio. As of today, Saga Communications's share price is $22.74. Saga Communications's Book Value per Sharefor the quarter that ended in Dec. 2023 was $27.28. Hence, Saga Communications's P/B Ratio of today is 0.83.
Saga Communications Price-to-Tangible-Book Historical Data
The historical data trend for Saga Communications's Price-to-Tangible-Book 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 Saga Communications's Price-to-Tangible-Book
For the Broadcasting subindustry, Saga Communications's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.
Saga Communications's Price-to-Tangible-Book Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Saga Communications's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Saga Communications's Price-to-Tangible-Book 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
Saga Communications Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Saga Communications's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Saga Communications (Saga Communications) Business Description
Saga Communications Inc is a broadcast company engaged in acquiring, developing, and operating broadcast properties. The company's objective is to operate top-billing radio stations in mid-sized markets and It derives a majority of its revenue from the sale of advertising for broadcast on its stations.
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