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Spirit Realty Capital (STU:21S1) PB Ratio : 1.37 (As of May. 05, 2024)


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What is Spirit Realty Capital 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), Spirit Realty Capital's share price is €39.40. Spirit Realty Capital's Book Value per Share for the quarter that ended in Sep. 2023 was €28.69. Hence, Spirit Realty Capital's PB Ratio of today is 1.37.

The historical rank and industry rank for Spirit Realty Capital's PB Ratio or its related term are showing as below:

STU:21S1' s PB Ratio Range Over the Past 10 Years
Min: 0.72   Med: 1.27   Max: 1.76
Current: 1.38

During the past 13 years, Spirit Realty Capital's highest PB Ratio was 1.76. The lowest was 0.72. And the median was 1.27.

STU:21S1's PB Ratio is not ranked
in the REITs industry.
Industry Median: 0.84 vs STU:21S1: 1.38

During the past 12 months, Spirit Realty Capital's average Book Value Per Share Growth Rate was -1.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -0.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -2.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -3.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Spirit Realty Capital was 46.60% per year. The lowest was -11.10% per year. And the median was -3.30% per year.

Back to Basics: PB Ratio


Spirit Realty Capital PB Ratio Historical Data

The historical data trend for Spirit Realty Capital'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.

Spirit Realty Capital PB Ratio Chart

Spirit Realty Capital Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.15 1.52 1.31 1.59 1.26

Spirit Realty Capital Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1.14 1.26 1.26 1.25 1.10

Competitive Comparison of Spirit Realty Capital's PB Ratio

For the REIT - Diversified subindustry, Spirit Realty Capital'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.


Spirit Realty Capital's PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Spirit Realty Capital's PB Ratio distribution charts can be found below:

* The bar in red indicates where Spirit Realty Capital's PB Ratio falls into.



Spirit Realty Capital 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.

Spirit Realty Capital's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2023)
=39.40/28.685
=1.37

* 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.


Spirit Realty Capital  (STU:21S1) 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.


Spirit Realty Capital PB Ratio Related Terms

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


Spirit Realty Capital (STU:21S1) Business Description

Traded in Other Exchanges
Address
2727 North Harwood Street, Suite 300, Spirit Realty Capital, Dallas, TX, USA, 75201
Spirit Realty Capital Inc is a real estate investment trust primarily involved in leasing properties throughout the U.S. Spirit Realty's core business is acquiring real estate through sale-leaseback transactions in which a tenant will sell their property to Spirit and then lease that same property back from Spirit through a prearranged, long-term agreement. Spirit generates nearly all of its revenue in the form of rental income derived from leasing assets in its real estate portfolio. The vast majority of this portfolio is composed of retail properties. General merchandise companies, casual dining chains, and quick service restaurant chains represent significant amounts of Spirit's rental income. The company's real estate assets are fairly evenly distributed throughout the U.S.

Spirit Realty Capital (STU:21S1) Headlines

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