Valuation ratios measure the quantity of an asset or flaw (e.g., earnings) associated with ownership of a specified claim (e.g., a share of ownership of the enterprise).

Current Valuation Ratios
Historical Valuation Ratios (Summary)
Price to Earnings (P/E)
Price to Operating Profit (P/OP)
Price to Sales (P/S)
Price to Book Value (P/BV)

Twenty-First Century Fox Inc., current price multiples

	Twenty-First Century Fox Inc.		Charter Communications Inc.	Comcast Corp.	Netflix Inc.	Walt Disney Co.		Media		Consumer Services
Selected Financial Data
Current share price (P)
No. shares of common stock outstanding
Growth rate (g)

Earnings per share (EPS)
Next year expected EPS
Operating profit per share
Sales per share
Book value per share (BVPS)
Valuation Ratios (Price Multiples)
Price to earnings (P/E)
Price to next year expected earnings
Price-earnings-growth (PEG)
Price to operating profit (P/OP)
Price to sales (P/S)
Price to book value (P/BV)

Based on: 10-K (filing date: 2018-08-13).

If the company price multiple is lower then the price multiple of benchmark then company stock is relatively undervalued.
Otherwise, if the company price multiple is higher then the price multiple of benchmark then company stock is relatively overvalued.

Twenty-First Century Fox Inc., historical price multiples

		Jun 30, 2018	Jun 30, 2017	Jun 30, 2016	Jun 30, 2015	Jun 30, 2014	Jun 30, 2013
	Price to earnings (P/E)
	Price to operating profit (P/OP)
	Price to sales (P/S)
	Price to book value (P/BV)

Based on: 10-K (filing date: 2018-08-13), 10-K (filing date: 2017-08-14), 10-K (filing date: 2016-08-11), 10-K (filing date: 2015-08-13), 10-K (filing date: 2014-08-14), 10-K (filing date: 2013-08-19).

Valuation ratio	Description	The company
P/E ratio	The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings.	Twenty-First Century Fox Inc.’s P/E ratio increased from 2016 to 2017 and from 2017 to 2018.
P/OP ratio	Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit.	Twenty-First Century Fox Inc.’s P/OP ratio decreased from 2016 to 2017 but then increased from 2017 to 2018 exceeding 2016 level.
P/S ratio	An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative.	Twenty-First Century Fox Inc.’s P/S ratio increased from 2016 to 2017 and from 2017 to 2018.
P/BV ratio	The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company’s required rate of return and its actual rate of return.	Twenty-First Century Fox Inc.’s P/BV ratio decreased from 2016 to 2017 but then increased from 2017 to 2018 exceeding 2016 level.

Twenty-First Century Fox Inc., historical P/E calculation, comparison to benchmarks

		Jun 30, 2018	Jun 30, 2017	Jun 30, 2016	Jun 30, 2015	Jun 30, 2014	Jun 30, 2013
	No. shares of common stock outstanding¹
	Selected Financial Data (US$)
	Net income attributable to Twenty-First Century Fox, Inc. stockholders (in millions)
	Earnings per share (EPS)²
	Share price^1, 3
	Valuation Ratio
	P/E ratio⁴
	Benchmarks
	P/E Ratio, Competitors⁵
	Charter Communications Inc.
	Comcast Corp.
	Netflix Inc.
	Walt Disney Co.
	P/E Ratio, Sector
	Media
	P/E Ratio, Industry
	Consumer Services

Based on: 10-K (filing date: 2018-08-13), 10-K (filing date: 2017-08-14), 10-K (filing date: 2016-08-11), 10-K (filing date: 2015-08-13), 10-K (filing date: 2014-08-14), 10-K (filing date: 2013-08-19).

¹ Data adjusted for splits and stock dividends.

² 2018 Calculation
EPS = Net income attributable to Twenty-First Century Fox, Inc. stockholders ÷ No. shares of common stock outstanding
= ÷ =

³ Closing price as at the filing date of Twenty-First Century Fox Inc.’s Annual Report.

⁴ 2018 Calculation
P/E ratio = Share price ÷ EPS
= ÷ =

⁵ Click competitor name to see calculations.

Valuation ratio	Description	The company
P/E ratio	The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings.	Twenty-First Century Fox Inc.’s P/E ratio increased from 2016 to 2017 and from 2017 to 2018.

Twenty-First Century Fox Inc., historical P/OP calculation, comparison to benchmarks

		Jun 30, 2018	Jun 30, 2017	Jun 30, 2016	Jun 30, 2015	Jun 30, 2014	Jun 30, 2013
	No. shares of common stock outstanding¹
	Selected Financial Data (US$)
	Operating income (in millions)
	Operating profit per share²
	Share price^1, 3
	Valuation Ratio
	P/OP ratio⁴
	Benchmarks
	P/OP Ratio, Competitors⁵
	Charter Communications Inc.
	Comcast Corp.
	Netflix Inc.
	Walt Disney Co.
	P/OP Ratio, Sector
	Media
	P/OP Ratio, Industry
	Consumer Services

Based on: 10-K (filing date: 2018-08-13), 10-K (filing date: 2017-08-14), 10-K (filing date: 2016-08-11), 10-K (filing date: 2015-08-13), 10-K (filing date: 2014-08-14), 10-K (filing date: 2013-08-19).

¹ Data adjusted for splits and stock dividends.

² 2018 Calculation
Operating profit per share = Operating income ÷ No. shares of common stock outstanding
= ÷ =

³ Closing price as at the filing date of Twenty-First Century Fox Inc.’s Annual Report.

⁴ 2018 Calculation
P/OP ratio = Share price ÷ Operating profit per share
= ÷ =

⁵ Click competitor name to see calculations.

Valuation ratio	Description	The company
P/OP ratio	Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit.	Twenty-First Century Fox Inc.’s P/OP ratio decreased from 2016 to 2017 but then increased from 2017 to 2018 exceeding 2016 level.

Twenty-First Century Fox Inc., historical P/S calculation, comparison to benchmarks

		Jun 30, 2018	Jun 30, 2017	Jun 30, 2016	Jun 30, 2015	Jun 30, 2014	Jun 30, 2013
	No. shares of common stock outstanding¹
	Selected Financial Data (US$)
	Revenues (in millions)
	Sales per share²
	Share price^1, 3
	Valuation Ratio
	P/S ratio⁴
	Benchmarks
	P/S Ratio, Competitors⁵
	Charter Communications Inc.
	Comcast Corp.
	Netflix Inc.
	Walt Disney Co.
	P/S Ratio, Sector
	Media
	P/S Ratio, Industry
	Consumer Services

Based on: 10-K (filing date: 2018-08-13), 10-K (filing date: 2017-08-14), 10-K (filing date: 2016-08-11), 10-K (filing date: 2015-08-13), 10-K (filing date: 2014-08-14), 10-K (filing date: 2013-08-19).

¹ Data adjusted for splits and stock dividends.

² 2018 Calculation
Sales per share = Revenues ÷ No. shares of common stock outstanding
= ÷ =

³ Closing price as at the filing date of Twenty-First Century Fox Inc.’s Annual Report.

⁴ 2018 Calculation
P/S ratio = Share price ÷ Sales per share
= ÷ =

⁵ Click competitor name to see calculations.

Valuation ratio	Description	The company
P/S ratio	An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative.	Twenty-First Century Fox Inc.’s P/S ratio increased from 2016 to 2017 and from 2017 to 2018.

Twenty-First Century Fox Inc., historical P/BV calculation, comparison to benchmarks

		Jun 30, 2018	Jun 30, 2017	Jun 30, 2016	Jun 30, 2015	Jun 30, 2014	Jun 30, 2013
	No. shares of common stock outstanding¹
	Selected Financial Data (US$)
	Total Twenty-First Century Fox, Inc. stockholders’ equity (in millions)
	Book value per share (BVPS)²
	Share price^1, 3
	Valuation Ratio
	P/BV ratio⁴
	Benchmarks
	P/BV Ratio, Competitors⁵
	Charter Communications Inc.
	Comcast Corp.
	Netflix Inc.
	Walt Disney Co.
	P/BV Ratio, Sector
	Media
	P/BV Ratio, Industry
	Consumer Services

Based on: 10-K (filing date: 2018-08-13), 10-K (filing date: 2017-08-14), 10-K (filing date: 2016-08-11), 10-K (filing date: 2015-08-13), 10-K (filing date: 2014-08-14), 10-K (filing date: 2013-08-19).

¹ Data adjusted for splits and stock dividends.

² 2018 Calculation
BVPS = Total Twenty-First Century Fox, Inc. stockholders’ equity ÷ No. shares of common stock outstanding
= ÷ =

³ Closing price as at the filing date of Twenty-First Century Fox Inc.’s Annual Report.

⁴ 2018 Calculation
P/BV ratio = Share price ÷ BVPS
= ÷ =

⁵ Click competitor name to see calculations.

Valuation ratio	Description	The company
P/BV ratio	The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company’s required rate of return and its actual rate of return.	Twenty-First Century Fox Inc.’s P/BV ratio decreased from 2016 to 2017 but then increased from 2017 to 2018 exceeding 2016 level.

	Twenty-First Century Fox Inc.	Other companies (not purchased previously)
Financial Statements
Common-Size Financial Statements
Analysis of Financial Ratios
Relative Valuation
Discounted Cash Flow (DCF) Valuation
Economic Value Added (EVA)
Long-term Trends
Analysis of Components of Financial Statements
Financial Reporting Quality

	All companies
Financial Statements
Common-Size Financial Statements
Analysis of Financial Ratios
Relative Valuation
Discounted Cash Flow (DCF) Valuation
Economic Value Added (EVA)
Long-term Trends
Analysis of Components of Financial Statements
Financial Reporting Quality

Twenty-First Century Fox Inc. (FOX)

Common Stock Valuation Ratios (Price Multiples)

Current Valuation Ratios

Historical Valuation Ratios (Summary)

Price to Earnings (P/E)

Price to Operating Profit (P/OP)

Price to Sales (P/S)

Price to Book Value (P/BV)