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SM Investments (PHS:SM) PB Ratio : 2.10 (As of Apr. 28, 2024)


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What is SM Investments 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 (2024-04-28), SM Investments's share price is ₱955.00. SM Investments's Book Value per Share for the quarter that ended in Dec. 2023 was ₱455.48. Hence, SM Investments's PB Ratio of today is 2.10.

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

PHS:SM' s PB Ratio Range Over the Past 10 Years
Min: 1.84   Med: 2.76   Max: 4.18
Current: 2.1

During the past 13 years, SM Investments's highest PB Ratio was 4.18. The lowest was 1.84. And the median was 2.76.

PHS:SM's PB Ratio is ranked worse than
62.15% of 1062 companies
in the Retail - Cyclical industry
Industry Median: 1.485 vs PHS:SM: 2.10

During the past 12 months, SM Investments's average Book Value Per Share Growth Rate was 12.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 10.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 9.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 8.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of SM Investments was 15.40% per year. The lowest was 5.00% per year. And the median was 9.90% per year.

Back to Basics: PB Ratio


SM Investments PB Ratio Historical Data

The historical data trend for SM Investments'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.

SM Investments PB Ratio Chart

SM Investments Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.28 3.06 2.54 2.21 1.91

SM Investments 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 2.21 2.12 2.19 1.92 1.91

Competitive Comparison of SM Investments's PB Ratio

For the Department Stores subindustry, SM Investments'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.


SM Investments's PB Ratio Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where SM Investments's PB Ratio falls into.



SM Investments 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.

SM Investments's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=955.00/455.479
=2.10

* 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.


SM Investments  (PHS:SM) 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.


SM Investments PB Ratio Related Terms

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


SM Investments (PHS:SM) Business Description

Traded in Other Exchanges
Address
OneE-Com Center, Harbor Drive, Mall of Asia Complex, CBP-1A, 10th Floor, Pasay, PHL, 1300
SM Investments Corp is a Philippines conglomerate with operations in retail, banking, and property. The retail division operates department stores and food retail stores. The property division is mainly present in Southeast Asia and is focused on malls, residences, office buildings, resorts, hotels, and convention centers. SM Banking provides financial services through BDO Unibank and China Banking Corporation. China Banking Corporation is servicing emerging companies and small- and medium-scale enterprises. BDO has diverse operations from credit cards, insurance, leasing to investment banking, and asset management. The majority of its revenue comes from the retail segment that engages in the trading of merchandise such as dry goods, wearing apparel, food, and other merchandise.