National CineMedia (FRA:XWM0) PB Ratio: 1.06 (As of Jul. 11, 2026) — Near Median


FRA:XWM0 National CineMedia Inc FRA:XWM0
60 GF Score
Price €3.38
GF Value €3.87
! 3 Warning Signs
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What is National CineMedia PB Ratio?

National CineMedia FRA:XWM0 +1.20% 60 PB Ratio is 1.06 as of Jul. 11, 2026, which is 8% below its 10-year median of 1.15. GuruFocus rates FRA:XWM0 with a GF Score™ of 60/100 and a GF Value™ of €3.87. The stock has 3 warning signs investors should review. Among 924 Media - Diversified companies, National CineMedia ranks better than 59.2% on this metric.

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 (2026-07-11), National CineMedia's share price is €3.38. National CineMedia's Book Value per Share for the quarter that ended in Mar. 2026 was €3.19. Hence, National CineMedia's PB Ratio of today is 1.06.

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

FRA:XWM0' s PB Ratio Range Over the Past 10 Years
Min: 0.76   Med: 1.15   Max: 1.8
Current: 1.06

During the past 13 years, National CineMedia's highest PB Ratio was 1.80. The lowest was 0.76. And the median was 1.15.

FRA:XWM0's PB Ratio is ranked better than
59.2% of 924 companies
in the Media - Diversified industry
Industry Median: 1.29 vs FRA:XWM0: 1.06

During the past 12 months, National CineMedia's average Book Value Per Share Growth Rate was -5.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of National CineMedia was 17.40% per year. The lowest was -11.00% per year. And the median was 6.50% per year.

Back to Basics: PB Ratio


National CineMedia  (FRA:XWM0) 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.


National CineMedia PB Ratio Related Terms


National CineMedia PB Ratio Historical Data

* Premium members only.

The historical data trend for National CineMedia'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.

National CineMedia PB Ratio Chart

National CineMedia Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.73 0.73 0.92

National CineMedia Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.45 1.26 1.19 0.92 0.82

FRA:XWM0 vs NEXN, TC, TSQ: PB Ratio Comparison

For the Advertising Agencies subindustry, National CineMedia'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.


National CineMedia PB Ratio vs Media - Diversified Industry

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

* The bar in red indicates where National CineMedia's PB Ratio falls into.


FRA:XWM0
60GF Score
National CineMedia Inc FRA:XWM0
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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National CineMedia 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.

National CineMedia's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=3.38/3.188
=1.06

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 1.06 mean?
National CineMedia (FRA:XWM0) has a PB Ratio of 1.06 as of Jul. 11, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on National CineMedia and its competitors. This is near median its historical median of 1.15. Over the past decade, National CineMedia's PB Ratio has ranged from 0.76 to 1.80. According to the industry distribution chart, National CineMedia ranks #377 out of 924 companies in the Media - Diversified industry, placing it in the top 40.8%.
Is National CineMedia's PB Ratio too high?
National CineMedia's current PB Ratio of 1.06 is near median its 10-year median of 1.15. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 1.80. The Media - Diversified industry median PB Ratio is 1.29. National CineMedia's value of 1.06 is 17.8% below this industry median. Based on the distribution chart, National CineMedia ranks #377 out of 924 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, National CineMedia has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does National CineMedia's PB Ratio compare to NEXN and TC?
According to the Media - Diversified industry distribution chart, National CineMedia ranks #377 out of 924 companies for PB Ratio. This puts National CineMedia in the upper half of its industry. The industry median PB Ratio is 1.29. National CineMedia's value of 1.06 is 17.8% below this benchmark. Historically, National CineMedia's own PB Ratio has ranged from 0.76 to 1.80 over the past decade. While the company's 10-year median is 1.15 vs. the industry median of 1.29, National CineMedia has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Media - Diversified company?
The median PB Ratio among Media - Diversified companies is 1.29, based on 924 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. National CineMedia's current PB Ratio of 1.06 is 17.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on National CineMedia and its competitors. For the Media - Diversified industry, the median PB Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National CineMedia's current PB Ratio is 1.06, which is near median its own 10-year median of 1.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National CineMedia stock overvalued right now?
National CineMedia (FRA:XWM0) has a current PB Ratio of 1.06. The stock's GF Value™ is €3.87, compared to a current price of €3.38 — trading 12.7% below its estimated fair value. The current PB Ratio is 1.06, which is near median its 10-year median of 1.15 and 17.8% below the Media - Diversified industry median of 1.29. National CineMedia's overall GF Score™ is 60/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For National CineMedia (FRA:XWM0), the current PB Ratio is 1.06 as of Jul. 11, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is National CineMedia (FRA:XWM0) Overvalued in 2026?

Based on GuruFocus' analysis, National CineMedia stock appears to be undervalued. The current stock price of €3.38 is trading 12.7% below its estimated GF Value™ of €3.87.

Key valuation signals for FRA:XWM0:

  • PB Ratio: 1.06 (near median its 10-year median of 1.15)
  • GF Value™: €3.87 vs. price of €3.38 (12.7% below fair value)
  • GF Score™: 60/100 with 3 warning signs
  • Industry Position: 17.8% below the Media - Diversified median (#377 of 924)

No single metric tells the full story. See the FRA:XWM0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


National CineMedia Business Description

Other Exchanges NCMI:USA
Address 6300 South Syracuse Way, Suite 300, Centennial, CO, USA, 80111
National CineMedia Inc is a cinema advertising platform in the U.S. It derives revenue from the sale of advertising to national, regional and local businesses through The Noovie Show and the CineLife Show, the cinema advertising and entertainment show seen on movie screens across the U.S., on LEN, a series of strategically-placed screens located in movie theater lobbies, as well as other forms of advertising and promotions in theater lobbies.
60GF Score

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PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€3.38
Price
€3.87
GF Value