Spheria Emerging Co (ASX:SEC) Price-to-Tangible-Book : 0.96 (As of Apr. 26, 2024)

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What is Spheria Emerging Co Price-to-Tangible-Book?

As of today (2024-04-26), Spheria Emerging Co's share price is A$2.13. Spheria Emerging Co's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was A$2.23. Hence, Spheria Emerging Co's Price to Tangible Book Ratio of today is 0.96.

The historical rank and industry rank for Spheria Emerging Co's Price-to-Tangible-Book or its related term are showing as below:

ASX:SEC' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.85 Med: 0.89 Max: 0.97
Current: 0.96

During the past 3 years, Spheria Emerging Co's highest Price to Tangible Book Ratio was 0.97. The lowest was 0.85. And the median was 0.89.

ASX:SEC's Price-to-Tangible-Book is ranked worse than
54.71% of 1623 companies
in the Asset Management industry
Industry Median: 0.93 vs ASX:SEC: 0.96

A closely related ratio is called PB Ratio. As of today, Spheria Emerging Co's share price is A$2.13. Spheria Emerging Co's Book Value per Sharefor the quarter that ended in Jun. 2023 was A$2.23. Hence, Spheria Emerging Co's P/B Ratio of today is 0.96.

Spheria Emerging Co Price-to-Tangible-Book Historical Data

The historical data trend for Spheria Emerging Co's Price-to-Tangible-Book 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.

Spheria Emerging Co Price-to-Tangible-Book Chart

Spheria Emerging Co Annual Data

Trend

Aug17

Jun18

Jun23

Price-to-Tangible-Book

0.92

0.85

Spheria Emerging Co Semi-Annual Data
	Aug17	Jun23
Price-to-Tangible-Book	-	0.85

Competitive Comparison of Spheria Emerging Co's Price-to-Tangible-Book

For the Asset Management subindustry, Spheria Emerging Co's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.

Spheria Emerging Co's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Spheria Emerging Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Spheria Emerging Co's Price-to-Tangible-Book falls into.

Spheria Emerging Co Price-to-Tangible-Book Calculation

Spheria Emerging Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2023 )
	=	2.13	/	2.225
	=	0.96

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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

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.

Spheria Emerging Co Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Spheria Emerging Co's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Spheria Emerging Co (ASX:SEC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Spheria Emerging Co Ltd (ASX:SEC) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

264 George Street, Level 25, Sydney, NSW, AUS, 2000

Website

http://www.spheria.com.au

Spheria Emerging Co Ltd is an investment management company focus specializing in small and microcap companies. The company's investment objective is to provide total returns over the Benchmark; and capital growth, over each full investment cycle. the company operates in a single segment which is investment activities & Geographically it operates from Australia only.

Spheria Emerging Co (ASX:SEC) Headlines

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