Stingray Group Inc
TSX:RAY.A
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P/B
Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.
Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.
Valuation Scenarios
If P/B returns to its 3-Year Average (2.1), the stock would be worth CA$8.42 (48% downside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 4 | CA$16.2 |
0%
|
| 3-Year Average | 2.1 | CA$8.42 |
-48%
|
| 5-Year Average | 1.7 | CA$7.07 |
-56%
|
| Industry Average | 3.2 | CA$12.83 |
-21%
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| Country Average | 2.7 | CA$10.82 |
-33%
|
Forward P/B
Today’s price vs future total equity
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| CA |
|
Stingray Group Inc
TSX:RAY.A
|
434.4m CAD | 4 | 22.2 | |
| US |
|
Fox Corp
NASDAQ:FOXA
|
26.7B USD | 2.4 | 14.1 | |
| US |
V
|
ViacomCBS Inc
LSE:0A65
|
24.3B USD | 2.1 | -39.2 | |
| US |
|
Paramount Global
NASDAQ:PARA
|
7.4B USD | 0.4 | -1.4 | |
| LU |
|
RTL Group SA
XETRA:RRTL
|
5.7B EUR | 1.2 | 5.8 | |
| US |
|
Nexstar Media Group Inc
NASDAQ:NXST
|
6.2B USD | 3 | 67.2 | |
| JP |
|
TBS Holdings Inc
TSE:9401
|
876.8B JPY | 0.8 | 15.7 | |
| JP |
N
|
Nippon Television Holdings Inc
TSE:9404
|
739.2B JPY | 0.7 | 11.8 | |
| UK |
|
ITV PLC
LSE:ITV
|
3B GBP | 1.7 | 13.8 | |
| JP |
|
Fuji Media Holdings Inc
TSE:4676
|
600B JPY | 1.2 | -48.1 | |
| SA |
M
|
MBC Group CJSC
SAU:4072
|
12.8B SAR | 2.8 | 33.6 |
Market Distribution
| Min | 0 |
| 30th Percentile | 1.6 |
| Median | 2.7 |
| 70th Percentile | 4.9 |
| Max | 1 402.4 |
Other Multiples
Stingray Group Inc
Glance View
Stingray Group, Inc. engages in the provision of multi-platform music services. The company is headquartered in Montreal, Quebec and currently employs 1,000 full-time employees. The firm provides curated direct-to-consumer and business-to-business (B2B) services, including audio television channels, radio stations, subscription video-on-demand (SVOD) content, television channels, fast channels, karaoke products, digital signage, in-store music, and music applications. The firm also provides relaxation, mindfulness and sleep music. The firm offers SVOD services on a wide range of Internet-capable devices including smart televisions (TVs), smartphones, tablets, video game consoles and multimedia devices. The firm offers Stingray Karaoke, Stingray Classica, Stingray DJAZZ and Stingray Qello. The firm also offers business to consumers (B2C) mobile applications that includes Stingray Music, Yokee Music, Yokee Piano and Yokee Guitar. The firm has approximately 400 million subscribers in over 160 countries.
