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The historical rank and industry rank for SPB Exchange PJSC's Net Cash per Share or its related term are showing as below:
MIC:SPBE's Price-to-Net-Cash is not ranked *
in the Capital Markets industry.
Industry Median: 6.165 * Ranked among companies with meaningful Price-to-Net-Cash only.
SPB Exchange PJSC (MIC:SPBE) Net Cash per Share Explanation
Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.
You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.
SPB Exchange PJSC Net Cash per Share Related Terms
SPB Exchange PJSC Net Cash per Share Historical Data
* Premium members only.
The historical data trend for SPB Exchange PJSC's Net Cash per Share 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.
SPB Exchange PJSC Net Cash per Share Chart
SPB Exchange PJSC Annual Data
Trend
Dec19
Dec20
Net Cash per Share
-3,241.79
-5,230.01
SPB Exchange PJSC Semi-Annual Data
Dec19
Jun20
Dec20
Jun21
Net Cash per Share
-3,241.79
-2,618.48
-5,230.01
-12,013.22
MIC:SPBE vs SPGI, CME, ICE: Net Cash per Share Comparison
For the Financial Data & Stock Exchanges subindustry, SPB Exchange PJSC's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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.
SPB Exchange PJSC Price-to-Net-Cash vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, SPB Exchange PJSC's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where SPB Exchange PJSC's Price-to-Net-Cash falls into.
In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.
SPB Exchange PJSC's Net Cash per Share for the fiscal year that ended in Dec. 2020 is calculated as
* 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.
What does a Net Cash per Share of ₽-12,013.22 mean?
SPB Exchange PJSC (MIC:SPBE) has a Net Cash per Share of ₽-12,013.22 as of Jun. 2021. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on SPB Exchange PJSC and its competitors.
Is SPB Exchange PJSC's Net Cash per Share too high?
SPB Exchange PJSC's current Net Cash per Share is ₽-12,013.22. Overall, SPB Exchange PJSC has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does SPB Exchange PJSC's Net Cash per Share compare to SPGI and CME?
SPB Exchange PJSC's Net Cash per Share of ₽-12,013.22 can be compared against companies in the Capital Markets industry. The industry median Net Cash per Share is 6.17. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for a Capital Markets company?
The median Net Cash per Share among Capital Markets companies is 6.17, based on 218 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on SPB Exchange PJSC and its competitors. For the Capital Markets industry, the median Net Cash per Share is 6.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPB Exchange PJSC's current Net Cash per Share is ₽-12,013.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPB Exchange PJSC stock overvalued right now?
SPB Exchange PJSC (MIC:SPBE) has a current Net Cash per Share of ₽-12,013.22. The current Net Cash per Share is ₽-12,013.22. SPB Exchange PJSC's overall GF Score™ is 23/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For SPB Exchange PJSC (MIC:SPBE), the current Net Cash per Share is ₽-12,013.22 as of Jun. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
SPB Exchange PJSC is an exchange for international securities in the Russian financial market. It operates according to a business-to-business and business-to-customer model, simultaneously focusing on retail investors and financial intermediaries as direct customers. The company provides access to investment products for Russian and international investors, operating through its trading infrastructure and order-routing mechanisms.
23GF Score
Get the complete analysis for MIC:SPBE
Net Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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