Townsquare Media Inc

NYSE TSQ

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Townsquare Media Inc Price to Book Ratio (P/B) on June 03, 2024: -78.30

Townsquare Media Inc Price to Book Ratio (P/B) is -78.30 on June 03, 2024, a -2,685.87% change year over year. The price to book ratio compares the market price per share of a company's stock to its book value per share. It is calculated by dividing the market capitalization by the shareholders' equity minus treasury stock, divided by the number of outstanding shares. This ratio provides insights into how the market values a company relative to its book value. A ratio above 1 indicates the market values the company more than its book value, suggesting positive market sentiment.
  • Townsquare Media Inc 52-week high Price to Book Ratio (P/B) is 114.49 on May 06, 2024, which is 246.22% above the current Price to Book Ratio (P/B).
  • Townsquare Media Inc 52-week low Price to Book Ratio (P/B) is -88.63 on May 10, 2024, which is -13.20% below the current Price to Book Ratio (P/B).
  • Townsquare Media Inc average Price to Book Ratio (P/B) for the last 52 weeks is 8.33.
NYSE: TSQ

Townsquare Media Inc

CEO Mr. Steven Price
IPO Date Jan. 25, 2000
Location United States
Headquarters One Manhattanville Road, Purchase, NY, United States, 10577
Employees 2,159
Sector Communication Services
Industry Advertising agencies
Description

Townsquare Media, Inc. operates as a digital media and marketing solutions company in small and medium-sized businesses. It operates through three segments: Subscription Digital Marketing Solutions, Digital Advertising, and Broadcast Advertising. The Subscription Digital Marketing Solutions segment offers website design, creation, and development, as well as hosting services; and search engine optimization, online directory optimization, e-commerce solutions, online reputation monitoring, social media management, appointment scheduling, payment and invoice, customer management, and email and SMS marketing services. The Digital Advertising segment provides digital advertising on its owned and operated, digital programmatic advertising, and data analytics and management platform. The Broadcast Advertising segment engages in the sale of advertising on local radio stations to local, regional, and national spot advertisers, as well as national network advertisers. It also owns and operates live events, including concerts, expositions, and other experiential events; and operates local media under the WYRK.com, WJON.com, and NJ101.5.com brands, as well as national music under the XXLmag.com, TasteofCountry.com, UltimateClassicRock.com, and Loudwire.com brands. The company was formerly known as Regent Communications, Inc. and changed its name to Townsquare Media, Inc. in May 2010. Townsquare Media, Inc. is headquartered in Purchase, New York.

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StockViz Staff

September 16, 2024

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