GURUFOCUS.COM » STOCK LIST » USA » NYSE » Tegna Inc (NYSE:TGNA) » Definitions » PB Ratio
Switch to:

Tegna PB Ratio

: 1.77 (As of Today)
View and export this data going back to 1972. Start your Free Trial

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 (2022-08-18), Tegna's share price is $21.82. Tegna's Book Value per Share for the quarter that ended in Jun. 2022 was $12.29. Hence, Tegna's PB Ratio of today is 1.77.

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: 0.45   Med: 1.52   Max: 5.09
Current: 1.77

During the past 13 years, Tegna's highest PB Ratio was 5.09. The lowest was 0.45. And the median was 1.52.

TGNA's PB Ratio is ranked worse than
52.91% of 928 companies
in the Media - Diversified industry
Industry Median: 1.63 vs TGNA: 1.77

During the past 12 months, Tegna's average Book Value Per Share Growth Rate was 20.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 22.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -3.10% 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 11.65% 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 Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
PB Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.04 1.75 2.28 1.49 1.63

Tegna Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 1.84 1.80 1.63 1.91 1.71

Competitive Comparison

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 PB Ratio Distribution

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: Jun. 2022)
=21.82/12.293
=1.77

* 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

Tegna logo
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 around 64 television stations and 2 radio stations in approximately 51 U.S markets. The company owns multicast networks of True Crime Network and Quest. It generates key revenue from advertising and marketing services, subscription, political advertising, and other services.
Executives
Kim Soohyung 10 percent owner C/O STANDARD GENERAL L.P. 767 FIFTH AVENUE, 12TH FLOOR NEW YORK NY 10153
Standard General L.p. 10 percent owner 767 FIFTH AVENUE 12TH FLOOR NEW YORK NY 10153
Grimes Karen H. director TOLL BROTHERS, INC. 1140 VIRGINIA DRIVE FORT WASHINGTON PA 19034
Harrison Akinyale S. officer: SVP, General Counsel and Sec. C/O TEGNA INC. 7950 JONES BRANCH DRIVE MCLEAN VA 22107
Bianchini Gina L director 312 WALNUT STREET, SUITE 1800 CINCINNATI OH 45202
Epstein Stuart J. director C/O TEGNA INC. 7950 JONES BRANCH DRIVE MCLEAN VA 22107
Witmer Melinda director C/O TEGNA INC. 7950 JONES BRANCH DRIVE MCLEAN VA 22107
Trelstad Lynn B. officer: EVP and COO - Media Operations C/O TEGNA INC. 7950 JONES BRANCH DRIVE MCLEAN VA 22107
Nolop Bruce P director C/O E*TRADE FINANCIAL CORPORATE SERVICES 135 EAST 57TH STREET NEW YORK NY 10022
Mccune Scott K director C/O GANNETT CO., INC. 7950 JONES BRANCH DRIVE MCLEAN VA 22107
Shapiro Neal director GANNETT CO., INC. 7950 JONES BRANCH DRIVE MCLEAN VA 22107
Ness Susan director C/O ADELPHIA COMMUNICATIONS CORP 5619 DTC PARKWAY EDGEWOOD CO 80111
Elias Howard D director C/O EMC CORPORATION 176 SOUTH STREET HOPKINTON MA 01748
Greenthal Jill A director MARTHA STEWART LIVING OMNIMEDIA INC 11 WEST 42ND STREET 25TH FLOOR NEW YORK NY 10036
Mcgee Henry Wadsworth Iii director 1300 MORRIS DRIVE CHESTERBROOK PA 19087

Tegna Headlines

From GuruFocus

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)