GURUFOCUS.COM » STOCK LIST » Technology » Hardware » SMART Technologies Inc (NAS:SMT) » Definitions » PB Ratio

SMART Technologies (SMART Technologies) PB Ratio : (As of May. 05, 2024)


View and export this data going back to 2010. Start your Free Trial

What is SMART Technologies 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 (2024-05-05), SMART Technologies's share price is $4.49. SMART Technologies's Book Value per Share for the quarter that ended in Jun. 2016 was $-5.77. Hence, SMART Technologies's PB Ratio of today is .

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

SMT's PB Ratio is not ranked *
in the Hardware industry.
Industry Median: 1.87
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


SMART Technologies PB Ratio Historical Data

The historical data trend for SMART Technologies'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 Technologies PB Ratio Chart

SMART Technologies Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
PB Ratio
Get a 7-Day Free Trial - - - 27.23 -

SMART Technologies Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 30.35 - - - -

Competitive Comparison of SMART Technologies's PB Ratio

For the Computer Hardware subindustry, SMART Technologies'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 Technologies's PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, SMART Technologies's PB Ratio distribution charts can be found below:

* The bar in red indicates where SMART Technologies's PB Ratio falls into.



SMART Technologies 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 Technologies's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2016)
=4.49/-5.766
=

* 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 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 Technologies  (NAS:SMT) 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 Technologies PB Ratio Related Terms

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


SMART Technologies (SMART Technologies) Business Description

Traded in Other Exchanges
N/A
Address
SMART Technologies Inc was incorporated on June 11, 2007. The Company is a provider of technology solutions. Its solutions include interactive large format displays, collaboration software and services that enable interactive, engaging and productive teaching, learning and work experiences in schools and workplaces around the world. The Company develops a variety of easy-to-use solutions that combine interactive displays with robust software solutions in order to free people from their desks and computer screens, making collaboration and learning digitally more natural and engaging. The Company sells its solutions to schools and enterprises internationally. The Company offers SMART Board interactive whiteboards, SMART interactive flat panels, LightRaise interactive projectors, SMART Table interactive learning center, SMART Response interactive response systems, SMART Podium, SMART Notebook collaborative learning software, SMART Notebook Web, SMART Notebook App for iPad, SMART Exchange, SMART Sync classroom management software, SMART Response Virtual Edition, and SMART Document Camera for the education market.

SMART Technologies (SMART Technologies) Headlines