SPARX Group Co (SPARX Group Co) PB Ratio : 2.14 (As of Apr. 25, 2024)

View and export this data going back to 2013. Start your Free Trial

What is SPARX Group Co 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 (2024-04-25), SPARX Group Co's share price is $10.92. SPARX Group Co's Book Value per Share for the quarter that ended in Dec. 2023 was $5.11. Hence, SPARX Group Co's PB Ratio of today is 2.14.

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

SRXXF' s PB Ratio Range Over the Past 10 Years
Min: 1.57 Med: 2.75 Max: 7.62
Current: 2.32

During the past 13 years, SPARX Group Co's highest PB Ratio was 7.62. The lowest was 1.57. And the median was 2.75.

SRXXF's PB Ratio is ranked worse than
89.37% of 1693 companies
in the Asset Management industry
Industry Median: 0.93 vs SRXXF: 2.32

During the past 12 months, SPARX Group Co's average Book Value Per Share Growth Rate was 21.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 9.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 10.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of SPARX Group Co was 16.80% per year. The lowest was -31.30% per year. And the median was 6.25% per year.

Back to Basics: PB Ratio

SPARX Group Co PB Ratio Historical Data

The historical data trend for SPARX Group Co'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.

SPARX Group Co PB Ratio Chart

SPARX Group Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

PB Ratio

Get a 7-Day Free Trial

2.00

2.52

2.71

2.27

2.40

SPARX Group Co 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															2.68	2.40	2.06	2.06	2.15

Competitive Comparison of SPARX Group Co's PB Ratio

For the Asset Management subindustry, SPARX Group Co'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.

SPARX Group Co's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, SPARX Group Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where SPARX Group Co's PB Ratio falls into.

SPARX Group Co 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.

SPARX Group Co's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	10.92	/	5.112
	=	2.14

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.

SPARX Group Co (OTCPK:SRXXF) 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.

SPARX Group Co PB Ratio Related Terms

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

SPARX Group Co (SPARX Group Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » SPARX Group Co Ltd (OTCPK:SRXXF) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

8739:Japan

Address

1-2-70 Konan, Shinagawa Season Terrace, 6th Floor, Minato-ku, Tokyo, JPN, 108 0075

Website

http://www.sparx.jp

SPARX Group Co Ltd is a Japan-based holding company engaged in the Asset Management Business and Investment Advisory Business, through its subsidiaries. It operates a variety of investment strategies through a host of entities. The group invests on behalf of corporate pension annuities, government entities, private and trust banks, and public pension funds. Strategies include Japanese equity, Asia ex-Japan alternatives, and Korean strategies. In addition to mutual fund offerings, the company offers advisory services to customers in Japan. Mutual fund offerings are offered directly or through brokerage houses, banks, and other intermediaries globally.

SPARX Group Co (SPARX Group Co) Headlines

No Headlines