GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Sharps Compliance Corp (NAS:SMED) » Definitions » PB Ratio

Sharps Compliance (Sharps Compliance) PB Ratio : 2.64 (As of Apr. 26, 2024)


View and export this data going back to 1976. Start your Free Trial

What is Sharps Compliance 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 (2024-04-26), Sharps Compliance's share price is $8.75. Sharps Compliance's Book Value per Share for the quarter that ended in Mar. 2022 was $3.32. Hence, Sharps Compliance's PB Ratio of today is 2.64.

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

SMED's PB Ratio is not ranked *
in the Waste Management industry.
Industry Median: 1.48
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Sharps Compliance PB Ratio Historical Data

The historical data trend for Sharps Compliance'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.

Sharps Compliance PB Ratio Chart

Sharps Compliance Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.68 2.36 2.20 3.89 3.79

Sharps Compliance Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 6.14 3.79 2.53 2.12 1.78

Competitive Comparison of Sharps Compliance's PB Ratio

For the Waste Management subindustry, Sharps Compliance'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.


Sharps Compliance's PB Ratio Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Sharps Compliance's PB Ratio distribution charts can be found below:

* The bar in red indicates where Sharps Compliance's PB Ratio falls into.



Sharps Compliance 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.

Sharps Compliance's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2022)
=8.75/3.315
=2.64

* 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.


Sharps Compliance  (NAS:SMED) 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.


Sharps Compliance PB Ratio Related Terms

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


Sharps Compliance (Sharps Compliance) Business Description

Traded in Other Exchanges
N/A
Address
9220 Kirby Drive, Suite 500, Houston, TX, USA, 77054
Sharps Compliance Corp is a provider of waste management services including medical, pharmaceutical and hazardous. It offers a range of services including, the Sharps Recovery System, TakeAway Medication Recovery System, MedSafe, Route-Based Pickup Service, TakeAway Recycle System, ComplianceTRAC, Universal Waste Ship back Systems, and other solutions. It also offers route-based pickup service in regions of the Northeast portion of the United States as well as in Texas and Louisiana.
Executives
Raven Buyer, Inc. 10 percent owner 11611 SAN VICENTE BLVD SUITE 800 LOS ANGELES CA 90049
Raven Houston Merger Sub, Inc. 10 percent owner 11611 SAN VICENTE BLVD SUITE 800 LOS ANGELES CA 90049
Aurora Equity Partners Vi-a L.p. 10 percent owner 10877 WILSHIRE BLVD, SUITE 2100 LOS ANGELES CA 90024
Aurora Equity Partners Vi L.p. 10 percent owner 10877 WILSHIRE BLVD, SUITE 2100 LOS ANGELES CA 90024
Aurora Associates Vi L.p. 10 percent owner 10877 WILSHIRE BLVD, SUITE 2100 LOS ANGELES CA 90024
David P Tusa officer: CEO and President NEW CENTURY EQUITY HOLDINGS CORP 1010 REUNION PLACE SAN ANTONIO TX 78216
Eric T Bauer officer: EVP & Chief Financial Officer 6720 N SCOTTSDALE RD SUITE 190 SCOTTSDALE AZ 85253
Gary Enzor director 2200 SOUTH 75TH AVENUE PHOENIX AZ 85043
Holmes Parris H Jr director 9311 SAN PEDRO SUITE 400, SAN ANTONIO TX 78216
Dennis Halligan officer: Vice President of Marketing 9220 KIRBY DRIVE, SUITE 500 HOUSTON TX 77054
Gregory C Davis officer: Vice President of Operations 9220 KIRBY DRIVE SUITE 500 HOUSTON TX 77054
Mulloy William Patrick Ii director 601 W MARKET ST, LOUISVILLE KY 40202
John W Dalton director
Diana P Diaz officer: Vice President and CFO 9220 KIRBY DRIVE SUITE 500, HOUSTON TX 77054
Adrian W. Burke officer: Sr VP of Operations 2705 LUELLA AVE DEER PARK TX 77536