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), SPX Technologies's share price is $119.88. SPX Technologies's Book Value per Share for the quarter that ended in Dec. 2023 was $26.16. Hence, SPX Technologies's PB Ratio of today is 4.58.
The historical rank and industry rank for SPX Technologies's PB Ratio or its related term are showing as below:
SPXC'
s PB Ratio Range Over the Past 10 Years
Min: 0.29 Med: 3.11 Max: 6.01
Current: 4.58
During the past 13 years, SPX Technologies's highest PB Ratio was 6.01. The lowest was 0.29. And the median was 3.11.
SPXC's PB Ratio is ranked worse than 88.51% of 1610
companies
in the Construction industry
Industry Median: 1.215
vs SPXC: 4.58
During the past 12 months, SPX Technologies's average Book Value Per Share Growth Rate was 9.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 22.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 25.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 0.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of SPX Technologies was 64.30% per year. The lowest was -54.20% per year. And the median was 4.60% per year.
Back to Basics: PB Ratio
SPX Technologies PB Ratio Historical Data
The historical data trend for SPX Technologies'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.
Competitive Comparison of SPX Technologies's PB Ratio
For the Building Products & Equipment subindustry, SPX Technologies'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.
SPX Technologies's PB Ratio Distribution in the Construction Industry
For the Construction industry and Industrials sector, SPX Technologies's PB Ratio distribution charts can be found below:
* The bar in red indicates where SPX Technologies's PB Ratio falls into.
SPX Technologies 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.
SPX Technologies's PB Ratio for today is calculated as follows:
* 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.
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.
SPX Technologies PB Ratio Related Terms
Thank you for viewing the detailed overview of SPX Technologies's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
SPX Technologies (SPX Technologies) Business Description
SPX Technologies Inc supplies engineered heating, ventilation, and air conditioning, or HVAC, products, as well as detection and measurement technologies and power equipment. The company operates through three segments. The HVAC segment designs, manufactures, installs, and services cooling products, as well as heating and ventilation products. The detection and measurement technologies segment designs, manufactures, and installs underground pipe and cable locators and inspection equipment, bus-fare collection systems, and others. The Engineered Solutions segment engineers, designs, manufactures, installs and services transformers for the power transmission and distribution market. The company generates almost all of its revenue from American domestic market.
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