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Tegna (TGNA) PB Ratio : 1.05 (As of Dec. 16, 2024)


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What is Tegna PB Ratio?

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 (2024-12-16), Tegna's share price is $18.50. Tegna's Book Value per Share for the quarter that ended in Sep. 2024 was $17.67. Hence, Tegna's PB Ratio of today is 1.05.

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

TGNA' s PB Ratio Range Over the Past 10 Years
Min: 0.79   Med: 1.61   Max: 5.09
Current: 1.05

During the past 13 years, Tegna's highest PB Ratio was 5.09. The lowest was 0.79. And the median was 1.61.

TGNA's PB Ratio is ranked better than
62.21% of 942 companies
in the Media - Diversified industry
Industry Median: 1.51 vs TGNA: 1.05

During the past 12 months, Tegna's average Book Value Per Share Growth Rate was 17.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 17.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 20.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Tegna was 28.60% per year. The lowest was -47.40% per year. And the median was 11.75% per year.

Back to Basics: PB Ratio


Tegna PB Ratio Historical Data

The historical data trend for Tegna'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.

* Premium members only.

Tegna PB Ratio Chart

Tegna Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.28 1.49 1.63 1.54 1.02

Tegna Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.97 1.02 0.91 0.83 0.89

Competitive Comparison of Tegna's PB Ratio

For the Broadcasting subindustry, Tegna'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.


Tegna's PB Ratio Distribution in the Media - Diversified Industry

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

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



Tegna 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.

Tegna's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=18.50/17.672
=1.05

* 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.


Tegna  (NYSE:TGNA) 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.


Tegna PB Ratio Related Terms

Thank you for viewing the detailed overview of Tegna's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Tegna Business Description

Traded in Other Exchanges
Address
8350 Broad Street, Suite 2000, Tysons, VA, USA, 22102-5151
Tegna Inc is a media company with a portfolio of broadcast stations and digital sites. The firm has television stations and radio stations in approximately U.S. markets. The company owns multicast networks of True Crime Network, Twist, and Quest. Each television station also has a robust digital presence across online, mobile, connected television, and social platforms, reaching consumers on all devices and platforms used to consume news content. It generates key revenue from advertising and marketing services, subscriptions, political advertising, and other services.
Executives
Lynn B. Trelstad officer: EVP and COO - Media Operations C/O TEGNA INC., 7950 JONES BRANCH DRIVE, MCLEAN VA 22107
David T Lougee officer: President, TEGNA Media GANNETT CO., 7950 JONES BRANCH DRIVE, MCLEAN VA 22107
Mcclelland Clifton A. Iii officer: VP, Cntlr. and Prin. Acc. Off. C/O GANNETT CO., INC., 7950 JONES BRANCH DRIVE, MCLEAN VA 22107
Standard General L.p. 10 percent owner 767 FIFTH AVENUE, 12TH FLOOR, NEW YORK NY 10153
Soohyung Kim 10 percent owner C/O STANDARD GENERAL L.P., 767 FIFTH AVENUE, 12TH FLOOR, NEW YORK NY 10153
Karen H. Grimes director TOLL BROTHERS, INC., 1140 VIRGINIA DRIVE, FORT WASHINGTON PA 19034
Neal Shapiro director GANNETT CO., INC., 7950 JONES BRANCH DRIVE, MCLEAN VA 22107
Akinyale S. Harrison officer: SVP, General Counsel and Sec. C/O TEGNA INC., 7950 JONES BRANCH DRIVE, MCLEAN VA 22107
Scott K Mccune director C/O GANNETT CO., INC., 7950 JONES BRANCH DRIVE, MCLEAN VA 22107
Gina L Bianchini director 312 WALNUT STREET, SUITE 1800, CINCINNATI OH 45202
Stuart J. Epstein director C/O TEGNA INC., 7950 JONES BRANCH DRIVE, MCLEAN VA 22107
Melinda Witmer director C/O TEGNA INC., 7950 JONES BRANCH DRIVE, MCLEAN VA 22107
Todd A. Mayman officer: EVP, Chief Legal and Admin Off C/O GANNETT CO., INC., 7950 JONES BRANCH DRIVE, MCLEAN VA 22107
William A. Behan officer: SVP, Labor Relations C/O GANNETT CO., INC., 7950 JONES BRANCH DRIVE, MCLEAN VA 22107
Howard D Elias director C/O EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748