As of today (2024-04-25), SPAR Group's share price is $1.59. SPAR Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $1.10. Hence, SPAR Group's Price to Tangible Book Ratio of today is 1.44.
The historical rank and industry rank for SPAR Group's Price-to-Tangible-Book or its related term are showing as below:
SGRP'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.91 Med: 1.54 Max: 2.22
Current: 1.45
During the past 13 years, SPAR Group's highest Price to Tangible Book Ratio was 2.22. The lowest was 0.91. And the median was 1.54.
SGRP's Price-to-Tangible-Book is ranked better than 60.74% of 866
companies
in the Business Services industry
Industry Median: 2.045
vs SGRP: 1.45
The historical data trend for SPAR Group'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.
Competitive Comparison of SPAR Group's Price-to-Tangible-Book
For the Specialty Business Services subindustry, SPAR Group'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.
SPAR Group's Price-to-Tangible-Book Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, SPAR Group's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where SPAR Group's Price-to-Tangible-Book falls into.
SPAR Group Price-to-Tangible-Book Calculation
SPAR Group's price-to-tangible-book ratio for today 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.
It can also be calculated from the numbers for the whole company:
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.
SPAR Group Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of SPAR Group's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
SPAR Group Inc is a supplier of merchandising and other marketing services. It also provides in-store event staffing, product sampling, audit services, furniture and other product assembly services, technology services and marketing research services. The company divides its operations into two reportable segments: Domestic division is comprised of all operations within the United States; and The International division is a consolidation of all other operations and joint ventures. Its customers are from retail and manufacturing segments. Its geographic presence is in Brazil, South Africa, Mexico, China, Japan, India, Canada, Australia, Turkey, and United States from where it generates maximum revenue.
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