Sparc AI (Sparc AI) PB Ratio : 103.65 (As of Jun. 05, 2024)

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What is Sparc AI 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 (2024-06-05), Sparc AI's share price is $0.2073. Sparc AI's Book Value per Share for the quarter that ended in Mar. 2024 was $0.00. Hence, Sparc AI's PB Ratio of today is 103.65.

Warning Sign:

Sparc AI Inc stock PB Ratio (=100) is close to 1-year high of 100

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

During the past 5 years, Sparc AI's highest PB Ratio was 170.00. The lowest was 11.43. And the median was 37.50.

EGTTF's PB Ratio is not ranked ^*
in the Software industry.
Industry Median: 2.6
* Ranked among companies with meaningful PB Ratio only.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Sparc AI was 18.30% per year. The lowest was 18.30% per year. And the median was 18.30% per year.

Back to Basics: PB Ratio

Sparc AI PB Ratio Historical Data

The historical data trend for Sparc AI'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.

Sparc AI PB Ratio Chart

Sparc AI Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

45.74

18.33

Sparc AI Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
PB Ratio	Get a 7-Day Free Trial														-	36.67	110.00	18.33	112.64

Competitive Comparison of Sparc AI's PB Ratio

For the Software - Application subindustry, Sparc AI'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.

Sparc AI's PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Sparc AI's PB Ratio distribution charts can be found below:

* The bar in red indicates where Sparc AI's PB Ratio falls into.

Sparc AI 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.

Sparc AI's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Mar. 2024)
	=	0.2073	/	0.002
	=	103.65

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.

Sparc AI (OTCPK:EGTTF) 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.

Sparc AI PB Ratio Related Terms

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Sparc AI (Sparc AI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sparc AI Inc (OTCPK:EGTTF) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

SPAI:Canada

Address

71 Victoria Crescent, Building 17, Abbotsford, VIC, AUS, 3067

Website

https://www.eyefigroup.com

Sparc AI Inc Formerly EYEFI Group Technologies Inc is a software and electronics engineering company that has developed, patented and commercialized an innovative spatial technology; spatial, predictive, approximation and radial convolution (SPARC) and an associated product suite, that turns sensors, cameras and smartphones (fixed, mobile, airborne, portable or handheld) into geo-target co-ordinate acquisition devices. The company has also developed IIoT sensor hardware and associated cloud software, as a second pillar within its product offering. Its Cloud is a next-generation cloud platform that provides a secure and centralized environment where customers can manage their EYEfi product deployments and applications. It has one segment software and electronics engineering services.