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Phoenix New MediaFENG -2.03%52 Price-to-Tangible-Book is 0.10 as of Sep. 09, 2026. GuruFocus rates FENG with a GF Score™ of 52/100 and a GF Value™ of $2.40 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 441 Interactive Media companies, Phoenix New Media ranks better than 98.87% on this metric.
Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
Phoenix New Media Price-to-Tangible-Book Related Terms
Phoenix New Media Price-to-Tangible-Book Historical Data
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The historical data trend for Phoenix New Media's Price-to-Tangible-Book 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.
FENG vs CHAI, NAMI, GITS: Price-to-Tangible-Book Comparison
For the Internet Content & Information subindustry, Phoenix New Media's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.
Phoenix New Media Price-to-Tangible-Book vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Phoenix New Media's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Phoenix New Media's Price-to-Tangible-Book falls into.
* 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 PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
Phoenix New Media (FENG) has a Price-to-Tangible-Book of 0.10 as of Sep. 09, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Phoenix New Media and its competitors. According to the industry distribution chart, Phoenix New Media ranks #5 out of 441 companies in the Interactive Media industry, placing it in the top 1.1%.
Is Phoenix New Media's Price-to-Tangible-Book too high?
Phoenix New Media's current Price-to-Tangible-Book is 0.10. The Interactive Media industry median Price-to-Tangible-Book is 2.52. Phoenix New Media's value of 0.10 is 96% below this industry median. Based on the distribution chart, Phoenix New Media ranks #5 out of 441 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, Phoenix New Media has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Phoenix New Media's Price-to-Tangible-Book compare to CHAI and NAMI?
According to the Interactive Media industry distribution chart, Phoenix New Media ranks #5 out of 441 companies for Price-to-Tangible-Book. This places Phoenix New Media in the top 1% of its industry — outperforming the majority of peers. The industry median Price-to-Tangible-Book is 2.52. Phoenix New Media's value of 0.10 is 96% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Tangible-Book for an Interactive Media company?
The median Price-to-Tangible-Book among Interactive Media companies is 2.52, based on 441 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Phoenix New Media's current Price-to-Tangible-Book of 0.10 is 96% 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 Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Phoenix New Media and its competitors. For the Interactive Media industry, the median Price-to-Tangible-Book is 2.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Phoenix New Media's current Price-to-Tangible-Book is 0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phoenix New Media stock overvalued right now?
Based on GuruFocus' analysis, Phoenix New Media (FENG) is currently considered Possible Value Trap. The stock's GF Value™ is $2.40, compared to a current price of $1.45 — trading 39.6% below its estimated fair value. The current Price-to-Tangible-Book is 0.10 and 96% below the Interactive Media industry median of 2.52. Phoenix New Media's overall GF Score™ is 52/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For Phoenix New Media (FENG), the current Price-to-Tangible-Book is 0.10 as of Sep. 09, 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 Phoenix New Media (FENG) Overvalued in 2026?
Based on GuruFocus' analysis, Phoenix New Media stock appears to be undervalued.
The current stock price of $1.45 is trading 39.6% below its estimated GF Value™ of $2.40.
GuruFocus considers Phoenix New Media to be Possible Value Trap.
Key valuation signals for FENG:
Price-to-Tangible-Book: 0.10
GF Value™: $2.40 vs. price of $1.45 (39.6% below fair value)
Industry Position: 96% below the Interactive Media median (#5 of 441)
No single metric tells the full story. See the FENG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Phoenix New Media Ltd is a media company providing premium content on an integrated platform across the internet, mobile and TV channels in China. The company organizes its operations into two main segments: Net advertising services and Paid services. It provides its content and services through three channels: ifeng.com channel, video channel, and mobile channel. The company also offers a wide range of paid services including mobile value-added services, games, and content sales. It generates the majority of its revenue from Net advertising services. Geographically, it derives all of its revenue from PRC.
52GF Score
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