Comcast (WBO:CMCS) PB Ratio: 0.94 (As of Jun. 24, 2026) — 55% Below Median


WBO:CMCS Comcast Corp WBO:CMCS
56 GF Score
Price €19.98
GF Value €36.11
Valuation Possible Value Trap
! 2 Warning Signs
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What is Comcast PB Ratio?

Comcast WBO:CMCS -0.21% 56 PB Ratio is 0.94 as of Jun. 24, 2026, which is 55% below its 10-year median of 2.10. GuruFocus rates WBO:CMCS with a GF Score™ of 56/100 and a GF Value™ of €36.11 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 342 Telecommunication Services companies, Comcast ranks better than 76.02% on this metric.

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 (2026-06-24), Comcast's share price is €19.982. Comcast's Book Value per Share for the quarter that ended in Mar. 2026 was €21.35. Hence, Comcast's PB Ratio of today is 0.94.

Good Sign:

Comcast Corp stock PB Ratio (=0.92) is close to 10-year low of 0.91.

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

WBO:CMCS' s PB Ratio Range Over the Past 10 Years
Min: 0.91   Med: 2.1   Max: 3.39
Current: 0.92

During the past 13 years, Comcast's highest PB Ratio was 3.39. The lowest was 0.91. And the median was 2.10.

WBO:CMCS's PB Ratio is ranked better than
76.02% of 342 companies
in the Telecommunication Services industry
Industry Median: 1.87 vs WBO:CMCS: 0.92

During the past 12 months, Comcast's average Book Value Per Share Growth Rate was 6.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 11.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 5.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 8.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Comcast was 152.30% per year. The lowest was -586.00% per year. And the median was 5.90% per year.

Back to Basics: PB Ratio


Comcast  (WBO:CMCS) 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.


Comcast PB Ratio Related Terms


Comcast PB Ratio Historical Data

* Premium members only.

The historical data trend for Comcast'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.

Comcast PB Ratio Chart

Comcast Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.24 1.70 1.96 1.58 1.03

Comcast Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.48 1.25 1.12 1.03 1.18

WBO:CMCS vs SATS, CHTR, TIGO: PB Ratio Comparison

For the Telecom Services subindustry, Comcast'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.


Comcast PB Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Comcast's PB Ratio distribution charts can be found below:

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


WBO:CMCS
56GF Score
Comcast Corp WBO:CMCS
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Comcast 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=19.982/21.347
=0.94

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 0.94 mean?
Comcast (WBO:CMCS) has a PB Ratio of 0.94 as of Jun. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Comcast and its competitors. This is 55% below median its historical median of 2.10. Over the past decade, Comcast's PB Ratio has ranged from 0.91 to 3.39. According to the industry distribution chart, Comcast ranks #82 out of 342 companies in the Telecommunication Services industry, placing it in the top 24%.
Is Comcast's PB Ratio too high?
Comcast's current PB Ratio of 0.94 is 55% below median its 10-year median of 2.10. Over the past 10 years, this metric has ranged from a low of 0.91 to a high of 3.39. The Telecommunication Services industry median PB Ratio is 1.87. Comcast's value of 0.94 is 49.7% below this industry median. Based on the distribution chart, Comcast ranks #82 out of 342 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Comcast has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Comcast's PB Ratio compare to SATS and CHTR?
According to the Telecommunication Services industry distribution chart, Comcast ranks #82 out of 342 companies for PB Ratio. This places Comcast in the top 24% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.87. Comcast's value of 0.94 is 49.7% below this benchmark. Historically, Comcast's own PB Ratio has ranged from 0.91 to 3.39 over the past decade. While the company's 10-year median is 2.10 vs. the industry median of 1.87, Comcast has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Telecommunication Services company?
The median PB Ratio among Telecommunication Services companies is 1.87, based on 342 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Comcast's current PB Ratio of 0.94 is 49.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Comcast and its competitors. For the Telecommunication Services industry, the median PB Ratio is 1.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Comcast's current PB Ratio is 0.94, which is 55% below median its own 10-year median of 2.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Comcast stock overvalued right now?
Based on GuruFocus' analysis, Comcast (WBO:CMCS) is currently considered Possible Value Trap. The stock's GF Value™ is €36.11, compared to a current price of €19.98 — trading 44.7% below its estimated fair value. The current PB Ratio is 0.94, which is 55% below median its 10-year median of 2.10 and 49.7% below the Telecommunication Services industry median of 1.87. Comcast's overall GF Score™ is 56/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Comcast (WBO:CMCS), the current PB Ratio is 0.94 as of Jun. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Comcast (WBO:CMCS) Overvalued in 2026?

Based on GuruFocus' analysis, Comcast stock appears to be undervalued. The current stock price of €19.98 is trading 44.7% below its estimated GF Value™ of €36.11. GuruFocus considers Comcast to be Possible Value Trap.

Key valuation signals for WBO:CMCS:

  • PB Ratio: 0.94 (55% below median its 10-year median of 2.10)
  • GF Value™: €36.11 vs. price of €19.98 (44.7% below fair value)
  • GF Score™: 56/100 with 2 warning signs
  • Industry Position: 49.7% below the Telecommunication Services median (#82 of 342)

No single metric tells the full story. See the WBO:CMCS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Comcast Business Description

Address One Comcast Center, Philadelphia, PA, USA, 19103-2838
Comcast is made up of three parts. The core cable business owns networks that provide television, internet access, and phone services to 65 million US homes and businesses, or nearly half of the country. The firm provides services to about half the locations in this territory. Comcast acquired NBCUniversal from General Electric in 2011. Following the spinoff of several cable networks, including CNBC, MSNBC, and USA, NBCU now consists of the NBC network, several local NBC affiliates, Bravo, the Peacock streaming platform, Universal Studios, and several theme parks. Finally, Sky, acquired in 2018, is a large television provider in the UK and Italy.
56GF Score

Get the complete analysis for WBO:CMCS

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€19.98
Price
€36.11
GF Value