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New York Times Co (New York Times Co) PB Ratio : 1.73 (As of May. 14, 2024)


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What is New York Times Co 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 (2024-05-14), New York Times Co's share price is $18.20. New York Times Co's Book Value per Share for the quarter that ended in Mar. 2024 was $10.53. Hence, New York Times Co's PB Ratio of today is 1.73.

The historical rank and industry rank for New York Times Co's PB Ratio or its related term are showing as below:

NYTAB' s PB Ratio Range Over the Past 10 Years
Min: 2.03   Med: 3.82   Max: 6.84
Current: 4.52

During the past 13 years, New York Times Co's highest PB Ratio was 6.84. The lowest was 2.03. And the median was 3.82.

NYTAB's PB Ratio is ranked worse than
84.66% of 952 companies
in the Media - Diversified industry
Industry Median: 1.47 vs NYTAB: 4.52

During the past 12 months, New York Times Co's average Book Value Per Share Growth Rate was 11.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 10.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 11.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 8.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of New York Times Co was 18.10% per year. The lowest was -29.50% per year. And the median was 4.75% per year.

Back to Basics: PB Ratio


New York Times Co PB Ratio Historical Data

The historical data trend for New York Times Co'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.

New York Times Co PB Ratio Chart

New York Times Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
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New York Times Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of New York Times Co's PB Ratio

For the Publishing subindustry, New York Times Co'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.


New York Times Co's PB Ratio Distribution in the Media - Diversified Industry

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

* The bar in red indicates where New York Times Co's PB Ratio falls into.



New York Times Co 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.

New York Times Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=18.20/10.527
=1.73

* 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.


New York Times Co  (GREY:NYTAB) 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.


New York Times Co PB Ratio Related Terms

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New York Times Co (New York Times Co) Business Description

Traded in Other Exchanges
Address
620 Eighth Avenue, New York, NY, USA, 10018
New York Times Co is an American media company known for publishing its flagship newspaper, The New York Times. The company also operates the International New York Times newspaper, as well as digital properties such as nytimes and various smartphone applications. Circulation of The New York Times is the source of revenue for the company, followed by print and digital advertising and its paid digital-only subscription to The New York Times. The company has a daily print circulation of over 3,00,000 and 7,40,000 on Sundays. The source of growth for The New York Times is its digital subscription service, which has over 1,000,000 paid users.