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Steel Partners Holdings LP (Steel Partners Holdings LP) PB Ratio : 0.79 (As of May. 01, 2024)


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What is Steel Partners Holdings LP 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 (2024-05-01), Steel Partners Holdings LP's share price is $35.51. Steel Partners Holdings LP's Book Value per Share for the quarter that ended in Dec. 2023 was $45.01. Hence, Steel Partners Holdings LP's PB Ratio of today is 0.79.

Good Sign:

Steel Partners Holdings LP stock PB Ratio (=0.79) is close to 3-year low of 0.77

The historical rank and industry rank for Steel Partners Holdings LP's PB Ratio or its related term are showing as below:

SPLP' s PB Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.82   Max: 1.45
Current: 0.79

During the past 13 years, Steel Partners Holdings LP's highest PB Ratio was 1.45. The lowest was 0.26. And the median was 0.82.

SPLP's PB Ratio is ranked better than
61.6% of 513 companies
in the Conglomerates industry
Industry Median: 1.07 vs SPLP: 0.79

During the past 12 months, Steel Partners Holdings LP's average Book Value Per Share Growth Rate was 21.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 24.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 20.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 7.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Steel Partners Holdings LP was 26.00% per year. The lowest was -4.10% per year. And the median was 5.90% per year.

Back to Basics: PB Ratio


Steel Partners Holdings LP PB Ratio Historical Data

The historical data trend for Steel Partners Holdings LP'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.

Steel Partners Holdings LP PB Ratio Chart

Steel Partners Holdings LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.46 1.33 1.16 0.89

Steel Partners Holdings LP Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.16 1.16 1.17 1.02 0.89

Competitive Comparison of Steel Partners Holdings LP's PB Ratio

For the Conglomerates subindustry, Steel Partners Holdings LP'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.


Steel Partners Holdings LP's PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Steel Partners Holdings LP's PB Ratio distribution charts can be found below:

* The bar in red indicates where Steel Partners Holdings LP's PB Ratio falls into.



Steel Partners Holdings LP 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.

Steel Partners Holdings LP's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=35.51/45.014
=0.79

* 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.


Steel Partners Holdings LP  (NYSE:SPLP) 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.


Steel Partners Holdings LP PB Ratio Related Terms

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


Steel Partners Holdings LP (Steel Partners Holdings LP) Business Description

Traded in Other Exchanges
Address
590 Madison Avenue, 32nd Floor, New York, NY, USA, 10022
Steel Partners Holdings LP operates in industrial products, energy, defense, supply chain management and logistics, banking, and youth sports industries. It operates in various segments including the Diversified Industrial segment comprised of manufacturers of engineered niche industrial products, including joining materials, tubing, building materials, performance materials, electrical products, cutting replacement products and services, and metallized films and packaging businesses; the Energy segment provides drilling and production services to the oil and gas industry and owns a youth sports business; the Financial Services segment consists of the operations of WebBank, a Utah chartered industrial bank, which engages in a full range of banking activities.
Executives
Jack L Howard director, 10 percent owner, officer: President 182 FARMERS LANE, STE 101, SANTA ROSA CA 95405
Gordon A. Walker officer: Senior Vice President KNOWLES CORPORATION, 1151 MAPLEWOOD DRIVE, ITASCA IL 60143
Warren G Lichtenstein director, 10 percent owner, officer: Executive Chairman C/O STEEL PARTNERS II L P, 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Eric P. Karros director C/O STEEL PARTNERS HOLDINGS L.P., 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Rory H. Tahari director 510 FIFTH AVENUE, NEW YORK NY 10036
Richard I Neal director C/O UNITED INDUSTRIAL CORPORATION, 124 INDUSTRY LANE, HUNT VALLEY MD 21030
John P Mcniff director 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Lon Rosen director 120 S. CARMELINA AVE., LOS ANGELES CA 90049
James Iii Benenson director C/O STEEL PARTNERS HOLDINGS L.P., 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Douglas Woodworth officer: Chief Financial Officer STEEL PARTNERS HOLDINGS L.P., 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Sph Spv-i Llc other: See Footnote 1 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Wgl Capital Corp. 10 percent owner 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Emh Howard Llc other: See Footnote 1 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Steel Partners, Ltd. 10 percent owner 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Fejes William Theodore Jr officer: Chief Operating Officer 440 NORTH FIFTH AVENUE, CHAMBERSBURG PA 17201