Nexstar Media Group Inc stock PB Ratio (=2.48) is close to 2-year high of 2.64.
The historical rank and industry rank for Nexstar Media Group's PB Ratio or its related term are showing as below:
NXST'
s PB Ratio Range Over the Past 10 Years
Min: 1.1 Med: 2.4 Max: 32.8
Current: 2.44
During the past 13 years, Nexstar Media Group's highest PB Ratio was 32.80. The lowest was 1.10. And the median was 2.40.
NXST's PB Ratio is ranked worse than 69.63% of 945
companies
in the Media - Diversified industry
Industry Median: 1.41
vs NXST: 2.44
During the past 12 months, Nexstar Media Group's average Book Value Per Share Growth Rate was 7.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 1.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 9.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 45.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Nexstar Media Group was 226.00% per year. The lowest was -72.80% per year. And the median was 19.10% per year.
Back to Basics: PB Ratio
Nexstar Media Group PB Ratio Historical Data
The historical data trend for Nexstar Media Group'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.
Competitive Comparison of Nexstar Media Group's PB Ratio
For the Broadcasting subindustry, Nexstar Media 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.
Nexstar Media Group's PB Ratio Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Nexstar Media Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where Nexstar Media Group's PB Ratio falls into.
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.
* 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.
Nexstar Media Group (NAS:NXST) PB Ratio Explanation
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.
Nexstar Media Group PB Ratio Related Terms
Thank you for viewing the detailed overview of Nexstar Media Group's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Nexstar is the largest television station owner-operator in the United States with over 200 stations in 116 markets, reaching 220 million people. Of its 200 stations, 155 are affiliated with the four national broadcast networks: CBS, Fox, NBC, and ABC. The 2019 merger with Tribune made Nexstar the top broadcast affiliate for both Fox and CBS as well as the number two partner for NBC and number three for ABC. The firm maintains stations in 13 of the top 20 television markets and reaches 68% of US TV households. Nexstar also owns NewsNation (formerly WGN), a cable news network, 75% of the fifth national broadcaster, the CW, and a 31% stake in Food Network and Cooking Channel.
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