Townsquare Media (TSQ)

P/B ratio as of September 2024 : -2.40

According to Townsquare Media's latest financial reports the company has a price-to-book ratio of -2.40.
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.

Townsquare Media - P/B ratio (from 2014 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	17.5	869.07%
2022-12-31	1.81	-60.06%
2021-12-31	4.53	259.95%
2020-12-31	1.26	21.45%
2019-12-31	1.04	242.55%
2018-12-31	0.3025	-18.77%
2017-12-31	0.3724	-24.14%
2016-12-31	0.4909	-16.49%
2015-12-31	0.5878	-11.78%
2014-12-31	0.6664
2013-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
iHeartMedia IHRT	-0.1721	-92.82%	🇺🇸 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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Townsquare Media (TSQ) - P/B ratio