PR Value Calculator
Calculate the advertising value equivalency (AVE) and earned media value (EMV) of your press coverage. Quantify PR impact for stakeholders.
EMV accounts for the credibility premium of earned vs paid media
Media Coverage
Media Hits
3
Total Reach
175,000
Avg CPM
$82.86
Total AVE
$14,500
Total Earned Media Value
AVE × 3x credibility multiplier
$47,400
About PR Value Metrics:
- AVE: Ad Value Equivalency - what you'd pay for equivalent ad space
- EMV: Earned Media Value - accounts for third-party credibility
- Quality multipliers reflect depth of coverage impact
How to Use This Calculator
Set your earned media value multiplier.
Add each media placement with outlet details.
Enter reach, ad rates, and coverage quality.
Review total AVE and EMV for your coverage.
Frequently Asked Questions
What is the difference between AVE and EMV?
AVE (Advertising Value Equivalency) measures what you would have paid for equivalent ad space. EMV (Earned Media Value) multiplies AVE by a credibility factor (typically 2-5x) because earned coverage is more trusted than advertising. EMV better reflects the true value of PR.
Why are AVE and EMV controversial?
Critics argue these metrics don't measure actual business impact—awareness, sentiment, or conversions. However, they remain popular because they're easy to understand and compare to ad budgets. Best practice is to use them alongside outcome-based metrics like message penetration and lead attribution.
What EMV multiplier should I use?
Industry standard is 3x, reflecting that earned media is roughly three times more credible than advertising. Use 2x for conservative estimates or 5x for coverage in highly trusted publications. The key is consistency—use the same multiplier across all campaigns.
How do I find equivalent ad rates?
Request media kits from publications for ad rates, use services like Cision or Meltwater that track ad values, or estimate based on CPM and audience size. For broadcast, use average 30-second spot rates. For online, use display CPMs multiplied by average page views.
Should negative coverage affect the calculation?
Yes—negative coverage should reduce or negate value. Some practitioners apply a -1x multiplier for negative mentions. Others exclude negative coverage entirely. At minimum, track positive vs negative coverage separately to give stakeholders accurate context.
Why Use This Calculator
- Calculate AVE for all media placements
- Apply credibility multipliers for earned media value
- Adjust for coverage quality and media type
- Generate reports for stakeholders and clients
- Compare PR value across campaigns
Need Expert Help?
Our team can help you build a customized communications strategy.
Talk to an ExpertEmbed This Calculator
Add this calculator to your website for free.
"These calculators helped us price our retainer packages more accurately. Our margins improved significantly."
Agency Principal, PR Agency