GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » SSC Security Services Corp (TSXV:SECU) » Definitions » PB Ratio

SSC Security Services (TSXV:SECU) PB Ratio : 0.73 (As of Apr. 30, 2024)


View and export this data going back to 2012. Start your Free Trial

What is SSC Security Services 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 (2024-04-30), SSC Security Services's share price is C$2.55. SSC Security Services's Book Value per Share for the quarter that ended in Dec. 2023 was C$3.49. Hence, SSC Security Services's PB Ratio of today is 0.73.

Good Sign:

SSC Security Services Corp stock PB Ratio (=0.73) is close to 2-year low of 0.67

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

TSXV:SECU' s PB Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.82   Max: 2.83
Current: 0.73

During the past 11 years, SSC Security Services's highest PB Ratio was 2.83. The lowest was 0.37. And the median was 0.82.

TSXV:SECU's PB Ratio is ranked better than
82.94% of 1026 companies
in the Business Services industry
Industry Median: 1.78 vs TSXV:SECU: 0.73

During the past 12 months, SSC Security Services's average Book Value Per Share Growth Rate was -3.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -4.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -1.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.70% per year.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of SSC Security Services was 54.30% per year. The lowest was -4.20% per year. And the median was -0.45% per year.

Back to Basics: PB Ratio


SSC Security Services PB Ratio Historical Data

The historical data trend for SSC Security Services'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.

SSC Security Services PB Ratio Chart

SSC Security Services Annual Data
Trend Mar14 Mar15 Mar16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 1.31 0.67 0.84 0.76

SSC Security Services Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.77 0.84 0.82 0.76 0.79

Competitive Comparison of SSC Security Services's PB Ratio

For the Security & Protection Services subindustry, SSC Security Services'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.


SSC Security Services's PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, SSC Security Services's PB Ratio distribution charts can be found below:

* The bar in red indicates where SSC Security Services's PB Ratio falls into.



SSC Security Services 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.

SSC Security Services's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=2.55/3.485
=0.73

* 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.


SSC Security Services  (TSXV:SECU) 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.


SSC Security Services PB Ratio Related Terms

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


SSC Security Services (TSXV:SECU) Business Description

Traded in Other Exchanges
Address
1914 Hamilton Street, Suite 300, Regina, SK, CAN, S4P 3N6
SSC Security Services Corp is a leading provider of physical and cyber security services to corporate and public sector clients across Canada.

SSC Security Services (TSXV:SECU) Headlines