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WH Smith (LSE:SMWH) PB Ratio : 4.88 (As of Apr. 25, 2024)


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What is WH Smith 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), WH Smith's share price is £11.82. WH Smith's Book Value per Share for the quarter that ended in Aug. 2023 was £2.42. Hence, WH Smith's PB Ratio of today is 4.88.

Good Sign:

WH Smith PLC stock PB Ratio (=5.11) is close to 3-year low of 4.83

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

LSE:SMWH' s PB Ratio Range Over the Past 10 Years
Min: 3.81   Med: 11.01   Max: 18.74
Current: 5.11

During the past 13 years, WH Smith's highest PB Ratio was 18.74. The lowest was 3.81. And the median was 11.01.

LSE:SMWH's PB Ratio is ranked worse than
85.31% of 1062 companies
in the Retail - Cyclical industry
Industry Median: 1.495 vs LSE:SMWH: 5.11

During the past 12 months, WH Smith'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 12.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 9.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of WH Smith was 25.80% per year. The lowest was -15.20% per year. And the median was 4.35% per year.

Back to Basics: PB Ratio


WH Smith PB Ratio Historical Data

The historical data trend for WH Smith'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.

WH Smith PB Ratio Chart

WH Smith Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.99 6.94 12.34 6.35 6.06

WH Smith Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
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 12.34 10.81 6.35 6.81 6.06

Competitive Comparison of WH Smith's PB Ratio

For the Specialty Retail subindustry, WH Smith'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.


WH Smith's PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, WH Smith's PB Ratio distribution charts can be found below:

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



WH Smith 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.

WH Smith's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Aug. 2023)
=11.82/2.421
=4.88

* 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.


WH Smith  (LSE:SMWH) 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.


WH Smith PB Ratio Related Terms

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WH Smith (LSE:SMWH) Business Description

Traded in Other Exchanges
Address
Greenbridge Road, Swindon, Wiltshire, GBR, SN3 3RX
WH Smith PLC is a U.K. retailer selling a wide range of products. Its two core business segments are travel and high street. WHSmith's travel stores offer products such as food, drink, publications, books, and tech accessories and other products to travelers. This segment operates predominantly in airports, railway stations, hospitals, and workplaces across Europe, Australia, the Middle East, Southeast Asia, and India. The high street segment operates stores in the United Kingdom, predominantly on the U.K. high street. The high street segment sells products into the following categories: stationery, books, newspapers, magazines, and confectionery. WH Smith also has an online retail business that sells a range of books, stationery, magazines, and gifts through its websites.

WH Smith (LSE:SMWH) Headlines

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