Simulations PlusSLP +0.22%81 PB Ratio is 2.78 as of Jul. 05, 2026, which is 57% below its 10-year median of 6.49. GuruFocus rates SLP with a GF Score™ of 81/100 and a GF Value™ of $38.31 (Significantly Undervalued). The stock has 7 warning signs investors should review. Among 607 Healthcare Providers & Services companies, Simulations Plus ranks worse than 64.09% on this metric.
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 (2026-07-05), Simulations Plus's share price is $18.38. Simulations Plus's Book Value per Share for the quarter that ended in Feb. 2026 was $6.62. Hence, Simulations Plus's PB Ratio of today is 2.78.
The historical rank and industry rank for Simulations Plus's PB Ratio or its related term are showing as below:
SLP'
s PB Ratio Range Over the Past 10 Years
Min: 1.72 Med: 6.49 Max: 26.88
Current: 2.78
During the past 13 years, Simulations Plus's highest PB Ratio was 26.88. The lowest was 1.72. And the median was 6.49.
SLP's PB Ratio is ranked worse than 64.09% of 607
companies
in the Healthcare Providers & Services industry
Industry Median: 2.02
vs SLP: 2.78
During the past 12 months, Simulations Plus's average Book Value Per Share Growth Rate was -29.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -11.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -2.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 26.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Simulations Plus was 145.80% per year. The lowest was -47.60% per year. And the median was 16.50% per year.
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.
Simulations Plus PB Ratio Related Terms
Simulations Plus PB Ratio Historical Data
* Premium members only.
The historical data trend for Simulations Plus'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.
For the Health Information Services subindustry, Simulations Plus'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.
Simulations Plus PB Ratio vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Simulations Plus's PB Ratio distribution charts can be found below:
* The bar in red indicates where Simulations Plus's PB Ratio falls into.
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.
* 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.
Simulations Plus (SLP) has a PB Ratio of 2.78 as of Jul. 05, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Simulations Plus and its competitors. This is 57% below median its historical median of 6.49. Over the past decade, Simulations Plus' PB Ratio has ranged from 1.72 to 26.88. According to the industry distribution chart, Simulations Plus ranks #389 out of 607 companies in the Healthcare Providers & Services industry, placing it in the top 64.1%.
Is Simulations Plus' PB Ratio too high?
Simulations Plus' current PB Ratio of 2.78 is 57% below median its 10-year median of 6.49. Over the past 10 years, this metric has ranged from a low of 1.72 to a high of 26.88. The Healthcare Providers & Services industry median PB Ratio is 2.02. Simulations Plus' value of 2.78 is 37.6% above this industry median. Based on the distribution chart, Simulations Plus ranks #389 out of 607 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, Simulations Plus has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Simulations Plus' PB Ratio compare to TBRG and CARL?
According to the Healthcare Providers & Services industry distribution chart, Simulations Plus ranks #389 out of 607 companies for PB Ratio. This places Simulations Plus in the lower half of its industry. The industry median PB Ratio is 2.02. Simulations Plus' value of 2.78 is 37.6% above this benchmark. Historically, Simulations Plus' own PB Ratio has ranged from 1.72 to 26.88 over the past decade. While the company's 10-year median is 6.49 vs. the industry median of 2.02, Simulations Plus has consistently been above the industry average. 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 Healthcare Providers & Services company?
The median PB Ratio among Healthcare Providers & Services companies is 2.02, based on 607 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. Simulations Plus's current PB Ratio of 2.78 is 37.6% above 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 Simulations Plus and its competitors. For the Healthcare Providers & Services industry, the median PB Ratio is 2.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Simulations Plus's current PB Ratio is 2.78, which is 57% below median its own 10-year median of 6.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Simulations Plus stock overvalued right now?
Based on GuruFocus' analysis, Simulations Plus (SLP) is currently considered Significantly Undervalued. The stock's GF Value™ is $38.31, compared to a current price of $18.38 — trading 52% below its estimated fair value. The current PB Ratio is 2.78, which is 57% below median its 10-year median of 6.49 and 37.6% above the Healthcare Providers & Services industry median of 2.02. Simulations Plus' overall GF Score™ is 81/100 with 7 warning signs to review. 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 Simulations Plus (SLP), the current PB Ratio is 2.78 as of Jul. 05, 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.
Is Simulations Plus (SLP) Overvalued in 2026?
Based on GuruFocus' analysis, Simulations Plus stock appears to be undervalued.
The current stock price of $18.38 is trading 52% below its estimated GF Value™ of $38.31.
GuruFocus considers Simulations Plus to be Significantly Undervalued.
Key valuation signals for SLP:
PB Ratio: 2.78 (57% below median its 10-year median of 6.49)
GF Value™: $38.31 vs. price of $18.38 (52% below fair value)
Industry Position: 37.6% above the Healthcare Providers & Services median (#389 of 607)
No single metric tells the full story. See the SLP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Simulations Plus Inc is engaged in the software industry. It develops and produces software for use in pharmaceutical research and education, and provides consulting and contract research services to the pharmaceutical industry. The company's operating segments include Software and services. The company offers software products for pharmaceutical research such as ADMET (Absorption, Distribution, Metabolism, Excretion, and Toxicity). It generates maximum revenue from the software segment. Maximum revenue is earned from USA following EMEA and Asia Pacific.
81GF Score
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