Smiths Group (Smiths Group) PB Ratio : 2.69 (As of Apr. 27, 2024)

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What is Smiths Group 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 (2024-04-27), Smiths Group's share price is $20.68. Smiths Group's Book Value per Share for the quarter that ended in Jan. 2024 was $7.69. Hence, Smiths Group's PB Ratio of today is 2.69.

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

SMGZY' s PB Ratio Range Over the Past 10 Years
Min: 1.57 Med: 2.75 Max: 5.64
Current: 2.68

During the past 13 years, Smiths Group's highest PB Ratio was 5.64. The lowest was 1.57. And the median was 2.75.

SMGZY's PB Ratio is ranked worse than
66.2% of 2926 companies
in the Industrial Products industry
Industry Median: 1.9 vs SMGZY: 2.68

During the past 12 months, Smiths Group's average Book Value Per Share Growth Rate was -13.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 4.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 4.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 8.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Smiths Group was 28.20% per year. The lowest was -15.80% per year. And the median was 5.10% per year.

Back to Basics: PB Ratio

Smiths Group PB Ratio Historical Data

The historical data trend for Smiths Group'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.

Smiths Group PB Ratio Chart

Smiths Group Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

PB Ratio

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2.68

2.32

2.58

2.11

2.48

Smiths Group Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
PB Ratio	Get a 7-Day Free Trial															1.92	2.11	2.48	2.48	2.70

Competitive Comparison of Smiths Group's PB Ratio

For the Specialty Industrial Machinery subindustry, Smiths Group'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.

Smiths Group's PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Smiths Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where Smiths Group's PB Ratio falls into.

Smiths Group 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.

Smiths Group's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Jan. 2024)
	=	20.68	/	7.693
	=	2.69

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

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Smiths Group (OTCPK:SMGZY) 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.

Smiths Group PB Ratio Related Terms

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Smiths Group (Smiths Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Smiths Group PLC (OTCPK:SMGZY) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

SMGKF:USA SMINl:UK SMIN:UK QS2A:Germany

Address

11-12 St James’s Square, 4th Floor, London, GBR, SW1Y 4LB

Website

https://www.smiths.com

With its start as a London jeweler in the 19th century, Smiths Group has for most of its history operated as a company operating disparate but economically attractive businesses. Thematically, it runs businesses that manufacture niche products in security- or safety-sensitive industries. Today, the business is split across four divisions: mechanical seals, weapons detection, electrical connectors, and specialized hoses. The end customers for these products include airports, NASA, government security or defense departments, and hospitals.