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Epiq Systems Inc (NAS:EPIQ)
PB Ratio
2.09 (As of Today)

As of today, Epiq Systems Inc's share price is \$16.49. Epiq Systems Inc's Book Value per Share for the quarter that ended in Jun. 2016 was \$7.87. Hence, Epiq Systems Inc's P/B Ratio of today is 2.09.

Definition

Epiq Systems Inc's P/B ratio for today is calculated as follows:

 P/B Ratio = Share Price / Book Value per Share (Q: Jun. 2016) = 16.49 / 7.873 = 2.09

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

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

 P/B Ratio = Market Cap / (Total Equity - Preferred Stock)

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

Explanation

Unlike valuation ratios relative to the earning power such as P/E ratio, P/S ratio or Price-to-Free-Cash-Flow ratio, the Price-to-Book Ratio measures the valuation of the stock relative to the underlying asset of the company.

The Price-to-Book 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 Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Epiq Systems Inc Annual Data

 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 pb 1.79 2.17 1.98 1.55 1.49 1.29 1.33 1.74 1.93 1.59

Epiq Systems Inc Quarterly Data

 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 pb 1.49 1.56 1.95 1.93 2.06 1.95 1.61 1.59 1.84 1.85
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