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Universal Music Group NV (Universal Music Group NV) PB Ratio

: 19.05 (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 (2024-04-16), Universal Music Group NV's share price is $29.00. Universal Music Group NV's Book Value per Share for the quarter that ended in Jun. 2023 was $1.52. Hence, Universal Music Group NV's PB Ratio of today is 19.05.

The historical rank and industry rank for Universal Music Group NV's PB Ratio or its related term are showing as below:

UMGNF' s PB Ratio Range Over the Past 10 Years
Min: 14.29   Med: 18.64   Max: 30.3
Current: 19.33

During the past 6 years, Universal Music Group NV's highest PB Ratio was 30.30. The lowest was 14.29. And the median was 18.64.

UMGNF's PB Ratio is ranked worse than
96.85% of 951 companies
in the Media - Diversified industry
Industry Median: 1.44 vs UMGNF: 19.33

During the past 12 months, Universal Music Group NV's average Book Value Per Share Growth Rate was 15.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -7.60% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Universal Music Group NV was -7.60% per year. The lowest was -12.20% per year. And the median was -9.90% per year.

Back to Basics: PB Ratio


Universal Music Group NV PB Ratio Historical Data

The historical data trend for Universal Music Group NV'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.

Universal Music Group NV Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
PB Ratio
Premium Member Only - - - 22.13 17.49

Universal Music Group NV Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
PB Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 22.13 15.33 17.49 15.24

Competitive Comparison

For the Entertainment subindustry, Universal Music Group NV'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.


Universal Music Group NV PB Ratio Distribution

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

* The bar in red indicates where Universal Music Group NV's PB Ratio falls into.



Universal Music Group NV 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.

Universal Music Group NV's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2023)
=29.00/1.522
=19.05

* 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.


Universal Music Group NV  (OTCPK:UMGNF) 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.


Universal Music Group NV PB Ratio Related Terms

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Universal Music Group NV (Universal Music Group NV) Business Description

Address
Gravelandseweg 80, Hilversum, NH, NLD, 1217 EW
Universal Music Group is the largest of the three major global record labels with Sony Music in second and Warner Music in third. Universal's larger segment, recorded music, consists of iconic labels like Interscope, Capitol Music, Decca, EMI, and Motown and popular artists such as Drake, Taylor Swift, J Balvin, and Luke Bryan. Universal Music Publishing Group owns and administers almost 4 million compositions and is the second-largest music publisher behind Sony. Universal Music was spun out of Vivendi in September 2021, with 60% distributed to Vivendi shareholders, 20% to Tencent, 10% to Pershing Square Capital, and 10% remaining at Vivendi.