Smart Parking (ASX:SPZ) PB Ratio : 6.13 (As of May. 15, 2024)

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What is Smart Parking PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-15), Smart Parking's share price is A$0.46. Smart Parking's Book Value per Share for the quarter that ended in Dec. 2023 was A$0.08. Hence, Smart Parking's PB Ratio of today is 6.13.

The historical rank and industry rank for Smart Parking's PB Ratio or its related term are showing as below:

ASX:SPZ' s PB Ratio Range Over the Past 10 Years
Min: 1.23 Med: 4.08 Max: 8.25
Current: 6.14

During the past 13 years, Smart Parking's highest PB Ratio was 8.25. The lowest was 1.23. And the median was 4.08.

ASX:SPZ's PB Ratio is ranked worse than
92.35% of 1621 companies
in the Construction industry
Industry Median: 1.25 vs ASX:SPZ: 6.14

During the past 12 months, Smart Parking's average Book Value Per Share Growth Rate was 38.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 23.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -0.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -1.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Smart Parking was 23.60% per year. The lowest was -44.70% per year. And the median was -10.30% per year.

Back to Basics: PB Ratio

Smart Parking PB Ratio Historical Data

The historical data trend for Smart Parking's PB Ratio 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.

* Premium members only.

Smart Parking PB Ratio Chart

Smart Parking Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

PB Ratio

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1.79

2.78

3.88

3.67

3.75

Smart Parking Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial															4.27	3.67	4.72	3.75	4.67

Competitive Comparison of Smart Parking's PB Ratio

For the Infrastructure Operations subindustry, Smart Parking's PB Ratio, along with its competitors' market caps and PB Ratio 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.

Smart Parking's PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Smart Parking's PB Ratio distribution charts can be found below:

* The bar in red indicates where Smart Parking's PB Ratio falls into.

Smart Parking PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Smart Parking's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	0.46	/	0.075
	=	6.13

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Smart Parking (ASX:SPZ) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

Smart Parking PB Ratio Related Terms

Thank you for viewing the detailed overview of Smart Parking's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Smart Parking (ASX:SPZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Smart Parking Ltd (ASX:SPZ) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

85 Dundas Place, Albert Park, VIC, AUS, 3206

Website

https://www.smartparking.com

Smart Parking Ltd engages in the provision of design, development, and management of parking technology. It operates through three segments. The Technology segment consists of the sale of Smart City and IoT technology products and solutions predominantly to the parking market globally; the Parking Management segment, which is the key revenue driver, consists of the provision of car parking management services on behalf of third party car park owners and on sites leased by the company and managed on its own behalf in the UK; and Research and Development segment includes costs to research, develop and enhance software/hardware for both the Technology and Parking Management divisions. Geographically, it has a presence in North America; UK and Europe; Asia, and Australia.

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