Spirent Communications (CHIX:SPTL) PB Ratio : 3.44 (As of Dec. 16, 2024)

View and export this data going back to 2009. Start your Free Trial

What is Spirent Communications 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 (2024-12-16), Spirent Communications's share price is £1.771. Spirent Communications's Book Value per Share for the quarter that ended in Jun. 2024 was £0.52. Hence, Spirent Communications's PB Ratio of today is 3.44.

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

CHIX:SPTl' s PB Ratio Range Over the Past 10 Years
Min: 1.44 Med: 2.96 Max: 6.06
Current: 3.45

During the past 13 years, Spirent Communications's highest PB Ratio was 6.06. The lowest was 1.44. And the median was 2.96.

CHIX:SPTl's PB Ratio is ranked worse than
57.78% of 2572 companies
in the Software industry
Industry Median: 2.885 vs CHIX:SPTl: 3.45

During the past 12 months, Spirent Communications's average Book Value Per Share Growth Rate was 2.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -1.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 3.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Spirent Communications was 113.80% per year. The lowest was -59.30% per year. And the median was 5.05% per year.

Back to Basics: PB Ratio

Spirent Communications PB Ratio Historical Data

The historical data trend for Spirent Communications'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.

Spirent Communications PB Ratio Chart

Spirent Communications Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

Get a 7-Day Free Trial

4.99

4.90

4.95

4.11

2.39

Spirent Communications Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
PB Ratio	Get a 7-Day Free Trial															4.08	4.11	3.27	2.39	3.55

Competitive Comparison of Spirent Communications's PB Ratio

For the Software - Infrastructure subindustry, Spirent Communications'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.

Spirent Communications's PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Spirent Communications's PB Ratio distribution charts can be found below:

* The bar in red indicates where Spirent Communications's PB Ratio falls into.

Spirent Communications 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.

Spirent Communications's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Jun. 2024)
	=	1.771	/	0.515
	=	3.44

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.

Spirent Communications (CHIX:SPTl) 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.

Spirent Communications PB Ratio Related Terms

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

Spirent Communications Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Spirent Communications PLC (CHIX:SPTl) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

SPNUF:USA SPMYY:USA SPT:UK BW8:Germany

Address

108 High Street, Origin One, Crawley, West Sussex, GBR, RH10 1BD

Website

https://corporate.spirent.com

Spirent Communications PLC provides communications technologies including networks, data centers, mobile communications, and the Internet of Things. The company operates in Networks and Security and Lifecycle Service Assurance segments. The majority of the revenue is derived from the Networks and Security segment which comprises developing test methodologies, tools, and services for virtualized networks, cloud and artificial intelligence networking infrastructure, application performance, and proactive security validation.