SPB Exchange PJSC (MIC:SPBE) PB Ratio: 0.86 (As of Jul. 06, 2026)


MIC:SPBE SPB Exchange PJSC MIC:SPBE
23 GF Score
Price ₽129.90
View Full Analysis

What is SPB Exchange PJSC PB Ratio?

SPB Exchange PJSC MIC:SPBE 23 PB Ratio is 0.86 as of Jul. 06, 2026. GuruFocus rates MIC:SPBE with a GF Score™ of 23/100.

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 (2026-07-06), SPB Exchange PJSC's share price is ₽129.90. SPB Exchange PJSC's Book Value per Share for the quarter that ended in Jun. 2023 was ₽150.40. Hence, SPB Exchange PJSC's PB Ratio of today is 0.86.

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

MIC:SPBE's PB Ratio is not ranked *
in the Capital Markets industry.
Industry Median: 1.35
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio

SPB Exchange PJSC  (MIC:SPBE) 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.

SPB Exchange PJSC PB Ratio Related Terms

SPB Exchange PJSC PB Ratio Historical Data

* Premium members only.

The historical data trend for SPB Exchange PJSC'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.

SPB Exchange PJSC PB Ratio Chart

SPB Exchange PJSC Annual Data
Trend Dec19 Dec20 Dec21
PB Ratio
0.00 0.00 7.53

SPB Exchange PJSC Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Jun23
PB Ratio Get a 7-Day Free Trial 0.00 0.00 7.53 0.00 1.10

MIC:SPBE vs SPGI, CME, ICE: PB Ratio Comparison

For the Financial Data & Stock Exchanges subindustry, SPB Exchange PJSC'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.

SPB Exchange PJSC PB Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, SPB Exchange PJSC's PB Ratio distribution charts can be found below:

* The bar in red indicates where SPB Exchange PJSC's PB Ratio falls into.


MIC:SPBE
23GF Score
SPB Exchange PJSC MIC:SPBE
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SPB Exchange PJSC 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.

SPB Exchange PJSC's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2023)
=129.90/150.396
=0.86

* 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:

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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 0.86 mean?
SPB Exchange PJSC (MIC:SPBE) has a PB Ratio of 0.86 as of Jul. 06, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on SPB Exchange PJSC and its competitors.
Is SPB Exchange PJSC's PB Ratio too high?
SPB Exchange PJSC's current PB Ratio is 0.86. The Capital Markets industry median PB Ratio is 1.35. SPB Exchange PJSC's value of 0.86 is 36.3% below this industry median. 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 PB Ratio compare to SPGI and CME?
SPB Exchange PJSC's PB Ratio of 0.86 can be compared against companies in the Capital Markets industry. The industry median PB Ratio is 1.35. SPB Exchange PJSC's value of 0.86 is 36.3% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Capital Markets company?
The median PB Ratio among Capital Markets companies is 1.35, based on 779 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SPB Exchange PJSC's current PB Ratio of 0.86 is 36.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on SPB Exchange PJSC and its competitors. For the Capital Markets industry, the median PB Ratio is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPB Exchange PJSC's current PB Ratio is 0.86. 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 PB Ratio of 0.86. The current PB Ratio is 0.86 and 36.3% below the Capital Markets industry median of 1.35. 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 PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For SPB Exchange PJSC (MIC:SPBE), the current PB Ratio is 0.86 as of Jul. 06, 2026. 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 Business Description

Address 38 Dolgorukovskaya Street, Building 1, Moscow, RUS, 127006
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

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₽129.90
Price