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Fox (FOXA) PB Ratio

: 1.46 (As of Today)
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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 (2024-04-19), Fox's share price is $31.504. Fox's Book Value per Share for the quarter that ended in Dec. 2023 was $21.52. Hence, Fox's PB Ratio of today is 1.46.

Good Sign:

Fox Corp stock PB Ratio (=1.43) is close to 3-year low of 1.34

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

FOXA' s PB Ratio Range Over the Past 10 Years
Min: 1.24   Med: 1.68   Max: 2.78
Current: 1.46

During the past 8 years, Fox's highest PB Ratio was 2.78. The lowest was 1.24. And the median was 1.68.

FOXA's PB Ratio is ranked better than
50.79% of 949 companies
in the Media - Diversified industry
Industry Median: 1.45 vs FOXA: 1.46

During the past 12 months, Fox's average Book Value Per Share Growth Rate was -0.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 7.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.00% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Fox was 19.30% per year. The lowest was 7.60% per year. And the median was 8.20% per year.

Back to Basics: PB Ratio


Fox PB Ratio Historical Data

The historical data trend for Fox'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.

Fox Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
PB Ratio
Premium Member Only Premium Member Only Premium Member Only 2.29 1.61 1.92 1.56 1.63

Fox Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio 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 Premium Member Only Premium Member Only Premium Member Only 1.40 1.69 1.63 1.46 1.38

Competitive Comparison

For the Entertainment subindustry, Fox'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.


Fox PB Ratio Distribution

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

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



Fox 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=31.504/21.519
=1.46

* 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.


Fox  (NAS:FOXA) 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.


Fox PB Ratio Related Terms

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


Fox (FOXA) Business Description

Traded in Other Exchanges
Address
1211 Avenue of the Americas, New York, NY, USA, 10036
Fox represents the assets not sold to Disney by predecessor firm, Twenty First Century Fox, in 2019. The remaining assets include Fox News, the FOX broadcast network, FS1 and FS2, Fox Business, Big Ten Network, 28 owned and operated local television stations of which 17 are affiliated with the Fox Network, Tubi, and the Fox Studios lot. Since the Disney sale, Fox has acquired other related and unrelated assets including Credible Labs, a consumer fintech firm. The Murdoch family continues to control the successor firm, which represents a large-scale bet on the value of live sports and news in the U.S. market.
Executives
William A Burck director 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Cruden Financial Services Llc 10 percent owner C/O MCDONALD CARANO WILSON LLP, 100 LIBERTY STREET, RENO NV 89501
Murdoch Family Trust 10 percent owner C/O MCDONALD CARANO WILSON LLP, 100 LIBERTY STREET, RENO NV 89501
Roland A Hernandez director 300 NORTH SAN RAFAEL AVE, PASADENA CA 91105
Chase Carey director C/O NEWS AMERICA INCORPORATED, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Paul D Ryan director 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Anne Dias director 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Lachlan K Murdoch director, officer: See Remarks C/O NEWS AMERICA INCORPORATED, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Keith Rupert Murdoch director, officer: Co-Chairman C/O FOX CORPORATION, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
John Nallen officer: Chief Operating Officer C/O NEWS AMERICA INCORPORATED, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Twenty-first Century Fox, Inc. 10 percent owner 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Jacques A Nasser director
Viet D Dinh officer: Chief Legal and Policy Officer GEORGETOWN UNIVERSITY LAW CENTER, 600 NEW JERSEY AVENUE NW, WASHINGTON DC 20001
Steven Tomsic officer: Chief Financial Officer 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036