Broadcasting Companies By Book Value Per Share Ratio

Book Value Per Share
Book Value Per ShareEfficiencyMarket RiskExp Return
1BBGI Beasley Broadcast Group
94.97
(0.17)
 3.30 
(0.58)
2NXST Nexstar Broadcasting Group
73.71
 0.11 
 2.14 
 0.23 
3SGA Saga Communications
26.51
 0.10 
 2.38 
 0.23 
4FOXA Fox Corp Class
25.3
 0.14 
 1.42 
 0.20 
5FOX Fox Corp Class
25.3
 0.12 
 1.39 
 0.17 
6PARA Paramount Global Class
24.32
 0.13 
 1.62 
 0.20 
7GTN Gray Television
23.92
 0.18 
 4.07 
 0.73 
8GTN-A Gray Television
23.92
 0.07 
 4.37 
 0.28 
9AMCX AMC Networks
19.39
(0.15)
 3.21 
(0.49)
10TGNA Tegna Inc
18.79
 0.00 
 1.75 
 0.00 
11SSP E W Scripps
10.4
 0.12 
 9.01 
 1.08 
12SBGI Sinclair Broadcast Group
8.78
 0.03 
 2.67 
 0.07 
13UONEK Urban One Class
5.64
(0.10)
 3.86 
(0.38)
14EVC Entravision Communications
1.61
 0.00 
 5.03 
(0.01)
15CURIW CuriosityStream
1.02
 0.10 
 20.94 
 2.07 
16CMLS Cumulus Media Class
0.41
(0.06)
 6.66 
(0.40)
17TSQ Townsquare Media
-2.02
(0.05)
 2.14 
(0.12)
18IHRT iHeartMedia Class A
-9.05
(0.01)
 5.61 
(0.07)
The analysis above is based on a 90-day investment horizon and a default level of risk. Use the Portfolio Analyzer to fine-tune all your assumptions. Check your current assumptions here.
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation. The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.