Switch to:
Guggenheim S&P 500 Equal Weight  (ARCA:RSP) PB Ratio: (As of Today)

As of today, Guggenheim S&P 500 Equal Weight's share price is $96.76. Guggenheim S&P 500 Equal Weight's Book Value per Share for the fiscal year that ended in . 20 was $0.00. Hence, Guggenheim S&P 500 Equal Weight's P/B Ratio of today is .

ARCA:RSP' s PB Ratio Range Over the Past 10 Years
Min: 0   Max: 2.61
Current: 2.6

0
2.61

During the past 0 years, Guggenheim S&P 500 Equal Weight's highest P/B Ratio was 2.61. The lowest was 0.00. And the median was 0.00.

ARCA:RSP's PB Ratio is ranked lower than
100% of the Companies
in the Global industry.

( Industry Median: vs. ARCA:RSP: 2.60 )


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Guggenheim S&P 500 Equal Weight Annual Data

PB Ratio

Guggenheim S&P 500 Equal Weight Semi-Annual Data

PB Ratio

Competitive Comparison
* 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.


Calculation

Guggenheim S&P 500 Equal Weight's P/B ratio for today is calculated as follows:

P/B Ratio=Share Price/Book Value per Share (A: . 20)
=96.76/
=

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 Price-to-Book Ratio is that book value other than intangibles are used in the calculation.


Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PS Ratio or Price-to-Free-Cash-Flow, the Price-to-Book Ratio measures the valuation of the stock relative to the underlying asset of the company.

The Price-to-Book 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 Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Related Terms


Headlines

From the Internet

RSP
Pros Cons Trying Avoid Bear Markets

- Seekingalpha 2017-10-19 15:13:11

RSP
Black Swan Events Worry

- Seekingalpha 2017-10-19 14:07:25

RSP
New Lows Jobless Claims

- Seekingalpha 2017-10-19 10:46:20

RSP
Weekly Unemployment Claims 22k Lowest Since 1973

- Seekingalpha 2017-10-19 09:56:42

RSP
Recession Watch October 2017

- Seekingalpha 2017-10-19 08:21:00

RSP
Investors Listen Tolstoy Trump

- Seekingalpha 2017-10-19 06:51:01

RSP
Update Its Just Worth Mentioning

- Seekingalpha 2017-10-19 06:17:05

RSP
Topix Vs Yen

- Seekingalpha 2017-10-18 23:23:51

RSP
Equity Market Valuations

- Seekingalpha 2017-10-18 21:09:07

RSP
Stock Market Expensive Right Now

- Seekingalpha 2017-10-18 19:59:45

RSP
Time Different

- Seekingalpha 2017-10-18 13:39:09

RSP
Telling Buy Price

- Seekingalpha 2017-10-18 12:44:28

RSP
Daily State Markets Wait Valuations Improve

- Seekingalpha 2017-10-18 10:46:15

RSP
Good Gets

- Seekingalpha 2017-10-18 10:38:26

RSP
Markets Metaphors Labor Data

- Seekingalpha 2017-10-18 09:35:18

RSP
Equity Asset Allocation Committee Outlook Q4 2017

- Seekingalpha 2017-10-18 08:30:06

RSP
Weekly Market Notes October 16 2017

- Seekingalpha 2017-10-18 08:20:46

RSP
Forget Vixs Siblings Skew Implied Correlations

- Seekingalpha 2017-10-18 07:23:36

RSP
Just Worth Mentioning

- Seekingalpha 2017-10-18 05:35:46

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

{{numOfNotice}}
FEEDBACK