GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Spectris PLC (CHIX:SXSl) » Definitions » PB Ratio

Spectris (CHIX:SXSL) PB Ratio : 1.81 (As of Dec. 15, 2024)


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

What is Spectris 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 (2024-12-15), Spectris's share price is £25.30. Spectris's Book Value per Share for the quarter that ended in Jun. 2024 was £14.00. Hence, Spectris's PB Ratio of today is 1.81.

Good Sign:

Spectris PLC stock PB Ratio (=1.8) is close to 10-year low of 1.8

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

CHIX:SXSl' s PB Ratio Range Over the Past 10 Years
Min: 1.8   Med: 2.54   Max: 3.86
Current: 1.8

During the past 13 years, Spectris's highest PB Ratio was 3.86. The lowest was 1.80. And the median was 2.54.

CHIX:SXSl's PB Ratio is ranked better than
54.24% of 2380 companies
in the Hardware industry
Industry Median: 1.995 vs CHIX:SXSl: 1.80

During the past 12 months, Spectris's average Book Value Per Share Growth Rate was 7.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 7.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 4.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Spectris was 362.50% per year. The lowest was -68.00% per year. And the median was 10.00% per year.

Back to Basics: PB Ratio


Spectris PB Ratio Historical Data

The historical data trend for Spectris'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.

Spectris PB Ratio Chart

Spectris Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.60 2.70 3.22 2.19 2.92

Spectris 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.45 2.19 2.77 2.92 1.98

Competitive Comparison of Spectris's PB Ratio

For the Scientific & Technical Instruments subindustry, Spectris'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.


Spectris's PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Spectris's PB Ratio distribution charts can be found below:

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



Spectris 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.

Spectris's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2024)
=25.30/13.996
=1.81

* 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 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.


Spectris  (CHIX:SXSl) 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.


Spectris PB Ratio Related Terms

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


Spectris Business Description

Traded in Other Exchanges
Address
44-46 Aldwych, Melbourne House, 5th Floor, London, GBR, WC2B 4LL
Spectris PLC supplies measuring instruments for research and industrial applications. The firm operates in four segments: Industrial Solutions, which includes a range of specialty businesses involved in particle measurement and testing; Malvern Panalytical, which provides tools for measuring the structure, size, and amount of particles during research and production; HBK, which makes measuring tools for product design and improvement; and Omega, which provides tools for measuring and controlling temperature, humidity, pressure, and conductivity. Revenue is generated in Asia, Europe, and North America in industries such as pharmaceutical, mining, and academic research.

Spectris Headlines

No Headlines