As of today (2024-04-23), SP Plus's share price is $50.25. SP Plus's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $-17.86. Hence, SP Plus's Price to Tangible Book Ratio of today is .
The historical rank and industry rank for SP Plus's Price-to-Tangible-Book or its related term are showing as below:
SP's Price-to-Tangible-Book is not ranked *
in the Business Services industry.
Industry Median: 2.05 * Ranked among companies with meaningful Price-to-Tangible-Book only.
A closely related ratio is called PB Ratio. As of today, SP Plus's share price is $50.25. SP Plus's Book Value per Sharefor the quarter that ended in Dec. 2023 was $12.67. Hence, SP Plus's P/B Ratio of today is 3.97.
SP Plus Price-to-Tangible-Book Historical Data
The historical data trend for SP Plus's Price-to-Tangible-Book can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Specialty Business Services subindustry, SP Plus's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
SP Plus Price-to-Tangible-Book Distribution
For the Business Services industry and Industrials sector, SP Plus's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where SP Plus's Price-to-Tangible-Book falls into.
SP Plus Price-to-Tangible-Book Calculation
SP Plus's price-to-tangible-book ratio for today is calculated as:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
SP Plus Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of SP Plus's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
SP Plus Corp Provides parking management, ground transportation, and other ancillary services to commercial, institutional, and municipal clients in urban markets and airports across the United States, Canada, and Puerto Rico. Its services include a comprehensive set of on-site parking management and ground transportation services, In addition, the company also provides a range of ancillary services such as airport and municipal shuttle operations, valet services, taxi and livery dispatch services, and municipal meter revenue collection and enforcement services. Its reportable segments are Commercial and Aviation. The company generates a majority of its revenue from the Commercial segment.
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