Tegna (TGNA) - P/B ratio

P/B ratio as of December 2024 : 1.02

According to Tegna's latest financial reports the company has a price-to-book ratio of 0.999216.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Tegna - P/B ratio (from 2001 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	1.02	-7.43%
2023-12-31	1.11	-27.76%
2022-12-31	1.53	-5.42%
2021-12-31	1.62	9.77%
2020-12-31	1.48	-35.35%
2019-12-31	2.28	30.48%
2018-12-31	1.75	-42.56%
2017-12-31	3.05	72.58%
2016-12-31	1.76	-21.93%
2015-12-31	2.26	9.56%
2014-12-31	2.06	-10.85%
2013-12-31	2.31	42.44%
2012-12-31	1.62	28.75%
2011-12-31	1.26	-15.59%
2010-12-31	1.49	-22.52%
2009-12-31	1.93	33.77%
2008-12-31	1.44	45.15%
2007-12-31	0.9934	-41.16%
2006-12-31	1.69	-11.06%
2005-12-31	1.90	-24.59%
2004-12-31	2.52	-11.75%
2003-12-31	2.85	2.49%
2002-12-31	2.78

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
E. W. Scripps Company SSP	0.1424	-86.07%	🇺🇸 USA
Scholastic SCHL	0.6109	-40.23%	🇺🇸 USA
Lee Enterprises LEE	-12.1	-1,285.89%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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