Sky Network Television (ASX:SKT) Price-to-Tangible-Book : 2.82 (As of Apr. 25, 2024)

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What is Sky Network Television Price-to-Tangible-Book?

As of today (2024-04-25), Sky Network Television's share price is A$2.59. Sky Network Television's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.92. Hence, Sky Network Television's Price to Tangible Book Ratio of today is 2.82.

The historical rank and industry rank for Sky Network Television's Price-to-Tangible-Book or its related term are showing as below:

ASX:SKT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.09 Med: 2.77 Max: 5.16
Current: 2.88

During the past 13 years, Sky Network Television's highest Price to Tangible Book Ratio was 5.16. The lowest was 2.09. And the median was 2.77.

ASX:SKT's Price-to-Tangible-Book is ranked worse than
66.32% of 778 companies
in the Media - Diversified industry
Industry Median: 1.87 vs ASX:SKT: 2.88

A closely related ratio is called PB Ratio. As of today, Sky Network Television's share price is A$2.59. Sky Network Television's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$2.90. Hence, Sky Network Television's P/B Ratio of today is 0.89.

Sky Network Television Price-to-Tangible-Book Historical Data

The historical data trend for Sky Network Television'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.

* Premium members only.

Sky Network Television Price-to-Tangible-Book Chart

Sky Network Television Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Tangible-Book

Get a 7-Day Free Trial

5.15

2.70

2.11

2.64

Sky Network Television Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															3.18	2.11	2.67	2.64	2.78

Competitive Comparison of Sky Network Television's Price-to-Tangible-Book

For the Entertainment subindustry, Sky Network Television'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.

Sky Network Television's Price-to-Tangible-Book Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Sky Network Television's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Sky Network Television's Price-to-Tangible-Book falls into.

Sky Network Television Price-to-Tangible-Book Calculation

Sky Network Television's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	2.59	/	0.918
	=	2.82

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Sky Network Television Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Sky Network Television's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Sky Network Television (ASX:SKT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Sky Network Television Ltd (ASX:SKT) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

SYKWF:USA SKT:New Zealand

Address

10 Panorama Road, Mt Wellington, Auckland, NZL, 1060

Website

https://www.sky.co.nz

Sky Network Television is the monopoly satellite pay-TV service provider in New Zealand, and distributes local and overseas content to its customers through a digital satellite network. It generates subscription and content revenue from these customers. This business is augmented by a free-to-air television channel (Prime) and expansion into other distribution channels such as online video on demand and online access to live sports.