Phoenix Price Book Value Ratio from 2010 to 2024

FENG Stock  USD 2.52  0.05  2.02%   
Phoenix New's Price Book Value Ratio is decreasing over the last several years with slightly volatile swings. Price Book Value Ratio is predicted to flatten to 0.09. During the period from 2010 to 2024 Phoenix New Media Price Book Value Ratio regressed destribution of quarterly values had coefficient of variationof  186.05 and r-value of (0.61). View All Fundamentals
 
Price Book Value Ratio  
First Reported
2010-12-31
Previous Quarter
0.09347273
Current Value
0.0888
Quarterly Volatility
3.33614613
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Phoenix New financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Phoenix New's main balance sheet or income statement drivers, such as Depreciation And Amortization of 27.2 M, Interest Expense of 34.3 M or Selling General Administrative of 157.5 M, as well as many indicators such as Price To Sales Ratio of 0.16, Dividend Yield of 0.0097 or PTB Ratio of 0.0888. Phoenix financial statements analysis is a perfect complement when working with Phoenix New Valuation or Volatility modules.
  
Check out the analysis of Phoenix New Correlation against competitors.

Latest Phoenix New's Price Book Value Ratio Growth Pattern

Below is the plot of the Price Book Value Ratio of Phoenix New Media over the last few years. It is Phoenix New's Price Book Value Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Phoenix New's overall financial position and show how it may be relating to other accounts over time.
Price Book Value Ratio10 Years Trend
Slightly volatile
   Price Book Value Ratio   
       Timeline  

Phoenix Price Book Value Ratio Regression Statistics

Arithmetic Mean1.79
Geometric Mean0.71
Coefficient Of Variation186.05
Mean Deviation1.75
Median0.72
Standard Deviation3.34
Sample Variance11.13
Range13.3732
R-Value(0.61)
Mean Square Error7.50
R-Squared0.37
Significance0.02
Slope(0.46)
Total Sum of Squares155.82

Phoenix Price Book Value Ratio History

2024 0.0888
2023 0.0935
2022 0.17
2021 0.28
2020 0.35
2019 0.3
2018 0.51

About Phoenix New Financial Statements

Phoenix New stakeholders use historical fundamental indicators, such as Phoenix New's Price Book Value Ratio, to determine how well the company is positioned to perform in the future. Although Phoenix New investors may analyze each financial statement separately, they are all interrelated. For example, changes in Phoenix New's assets and liabilities are reflected in the revenues and expenses on Phoenix New's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Phoenix New Media. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price Book Value Ratio 0.09  0.09 

Currently Active Assets on Macroaxis

When determining whether Phoenix New Media is a strong investment it is important to analyze Phoenix New's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Phoenix New's future performance. For an informed investment choice regarding Phoenix Stock, refer to the following important reports:
Check out the analysis of Phoenix New Correlation against competitors.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Interactive Media & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Phoenix New. If investors know Phoenix will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Phoenix New listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.86)
Earnings Share
(0.53)
Revenue Per Share
56.873
Quarterly Revenue Growth
(0.07)
Return On Assets
(0.02)
The market value of Phoenix New Media is measured differently than its book value, which is the value of Phoenix that is recorded on the company's balance sheet. Investors also form their own opinion of Phoenix New's value that differs from its market value or its book value, called intrinsic value, which is Phoenix New's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Phoenix New's market value can be influenced by many factors that don't directly affect Phoenix New's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Phoenix New's value and its price as these two are different measures arrived at by different means. Investors typically determine if Phoenix New is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Phoenix New's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.