Question 1

What is News's P/B ratio?

Accepted Answer

News (NWSA) P/B ratio is 1.8× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by book value of equity, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/B ratio calculated?

Accepted Answer

P/B = Market Capitalisation ÷ Book Value of Equity (most recent quarterly shareholders' equity), or equivalently Share Price ÷ Book Value Per Share. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/B ratio?

Accepted Answer

The price-to-book (P/B) ratio compares a company's market capitalisation to its book value of equity (total shareholders' equity) on the most recent quarterly balance sheet. It is calculated as market cap ÷ book value of equity (equivalent to share price ÷ book value per share). A P/B below 1× implies the market values the business below its accounting net worth; values well above 1× reflect intangible assets, brand value, or a high return on equity.

Question 4

What is a good P/B ratio for News?

Accepted Answer

A "good" P/B depends on the business model. Banks, insurers, and other capital-heavy financials typically trade near 1×; asset-light technology and consumer-brand companies can sustainably trade at 5×+ because much of their value is intangible. P/B is most informative when paired with return on equity (ROE). For News specifically, the relevant sector benchmark is the current sector median of 3.7×.

Question 5

Is News's P/B ratio high or low?

Accepted Answer

News's P/B ratio of 1.8× is above its own 5-year average of 1.6× and below the sector median of 3.7×. That places the current reading at the 65th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is News's historical P/B ratio range?

Accepted Answer

In the available daily series, News (NWSA) P/B ratio has ranged from a low of 0.5× in 2015 to a high of 2.1× in 2025. The 5-year average is 1.6× and the 5-year median is 1.7×.

Question 7

What was News's P/B ratio in 2025?

Accepted Answer

News (NWSA) P/B ratio at the end of 2025 was 1.9×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month book value figure available at that date.

Question 8

Why does News's P/B ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (book value). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$16.86B	$8.77B	1.9×	+0.0×	Jun 30, 2025
2024	$15.56B	$8.12B	1.9×	+0.5×	Jun 30, 2024
2023	$11.17B	$8.06B	1.4×	+0.3×	Jun 30, 2023
2022	$9.13B	$8.22B	1.1×	-0.7×	Jun 30, 2022
2021	$15.23B	$8.21B	1.9×	+0.9×	Jun 30, 2021
2020	$6.93B	$7.58B	0.9×	+0.0×	Jun 30, 2020
2019	$7.96B	$9.14B	0.9×	-0.1×	Jun 30, 2019
2018	$9.04B	$9.31B	1.0×	+0.2×	Jun 30, 2018
2017	$7.97B	$10.81B	0.7×	+0.2×	Jun 30, 2017
2016	$6.38B	$11.58B	0.6×	-0.2×	Jun 30, 2016
2015	$9.01B	$11.96B	0.8×	-0.1×	Jun 30, 2015
2014	$11.63B	$13.26B	0.9×	+0.2×	Jun 30, 2014
2013	$8.56B	$12.58B	0.7×	-0.4×	Jun 30, 2013
2012	$9.14B	$8.81B	1.0×	—	Jun 30, 2012


Spotify (SPOT)	10.8×
Take-Two Interactive Software (TTWO)	10.4×
Reddit (RDDT)	8.1×
Electronic Arts (EA)	7.5×
Alphabet (GOOGL)	7.3×
DoorDash (DASH)	6.4×
Meta (META)	5.9×
Roku (ROKU)	5.2×
TKO Group Holdings (TKO)	4.6×
Trade Desk (TTD)	4.4×
T-Mobile US (TMUS)	4.1×
Pinterest (PINS)	4.1×
Snap (SNAP)	3.7×
Nebius Group (NBIS)	3.7×
Fox (FOXA)	2.3×
John Wiley & Sons (WLY)	2.2×
Warner Bros. Discovery (WBD)	2.1×
Verizon (VZ)	2.0×
AT&T (T)	1.8×
Charter Communications (CHTR)	1.7×
Omnicom Group (OMC)	1.6×
Walt Disney (DIS)	1.5×
Comcast (CMCSA)	1.2×
Telephone and Data Systems (TDS)	1.0×
Paramount Skydance (PSKY)	0.6×

P/B Ratio for News (NWSA)

P/B Ratio daily chart for News (NWSA)

Historical P/B Ratio for News (NWSA) from 2012 to 2025

About P/B Ratio at News (NWSA)

News P/B Ratio by Year

News P/B Ratio 2025: 1.9×

News P/B Ratio 2024: 1.9×

News P/B Ratio 2023: 1.4×

News P/B Ratio 2022: 1.1×

News P/B Ratio 2021: 1.9×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

News (NWSA) Key Financials

P/B Ratio daily chart for News (NWSA)

Historical P/B Ratio for News (NWSA) from 2012 to 2025

About P/B Ratio at News (NWSA)

News P/B Ratio by Year

News P/B Ratio 2025: 1.9×

News P/B Ratio 2024: 1.9×

News P/B Ratio 2023: 1.4×

News P/B Ratio 2022: 1.1×

News P/B Ratio 2021: 1.9×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

+What is News's P/B ratio?

+How is the P/B ratio calculated?

+What is the P/B ratio?

+What is a good P/B ratio for News?

+Is News's P/B ratio high or low?

+What is News's historical P/B ratio range?

+What was News's P/B ratio in 2025?

+Why does News's P/B ratio change over time?

News (NWSA) Key Financials