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Sovos Brands (Sovos Brands) PB Ratio : 4.40 (As of Apr. 29, 2024)


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What is Sovos Brands 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 (2024-04-29), Sovos Brands's share price is $22.98. Sovos Brands's Book Value per Share for the quarter that ended in Dec. 2023 was $5.22. Hence, Sovos Brands's PB Ratio of today is 4.40.

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

SOVO' s PB Ratio Range Over the Past 10 Years
Min: 2.28   Med: 3.48   Max: 7.6
Current: 4.4

During the past 5 years, Sovos Brands's highest PB Ratio was 7.60. The lowest was 2.28. And the median was 3.48.

SOVO's PB Ratio is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 1.51 vs SOVO: 4.40

During the past 12 months, Sovos Brands's average Book Value Per Share Growth Rate was 10.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -5.20% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Sovos Brands was -5.20% per year. The lowest was -7.70% per year. And the median was -6.45% per year.

Back to Basics: PB Ratio


Sovos Brands PB Ratio Historical Data

The historical data trend for Sovos Brands'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.

Sovos Brands PB Ratio Chart

Sovos Brands Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
- - 2.98 3.05 4.22

Sovos Brands Quarterly Data
Dec19 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 3.05 3.45 3.95 4.49 4.22

Competitive Comparison of Sovos Brands's PB Ratio

For the Packaged Foods subindustry, Sovos Brands'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.


Sovos Brands's PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sovos Brands's PB Ratio distribution charts can be found below:

* The bar in red indicates where Sovos Brands's PB Ratio falls into.



Sovos Brands 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.

Sovos Brands's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=22.98/5.224
=4.40

* 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.


Sovos Brands  (NAS:SOVO) 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.


Sovos Brands PB Ratio Related Terms

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


Sovos Brands (Sovos Brands) Business Description

Traded in Other Exchanges
N/A
Address
168 Centennial Parkway, Suite 200, Louisville, CO, USA, 80027
Sovos Brands Inc is a food company in the United States. Its brands are Rao's, noosa, Birch Benders, and Michael Angelo's. Its Rao's products include our Rao's Homemade pasta sauces (including tomato-based sauces, Alfredo sauces, and Pesto sauces), pizza sauces, and dry pasta; Rao's Homestyle meat-based pasta sauces; and Rao's Made for Home frozen entrees and soups.
Executives
Todd R Lachman director, officer: President and CEO
Isobel A Jones officer: CLO, GC and Secretary C/O DIAMOND FOODS, INC., 600 MONTGOMERY STREET, 13TH FLOOR, SAN FRANCISCO CA 94111
Christopher W. Hall officer: Chief Financial Officer C/O SOVOS BRANDS, INC., 168 CENTENNIAL PARKWAY, SUITE 200, LOUISVILLE CO 80027
Katie Gvazdinskas officer: Chief Human Resources Officer C/O SOVOS BRANDS, INC., 168 CENTENNIAL PARKWAY, SUITE 200, LOUISVILLE CO 80027
Kirk A. Jensen officer: Chief Supply Chain Officer C/O SOVOS BRANDS, INC., 168 CENTENNIAL PARKWAY, SUITE 200, LOUISVILLE CO 80027
Risa Cretella officer: Executive Vice President C/O SOVOS BRANDS, INC., 168 CENTENNIAL PARKWAY, SUITE 200, LOUISVILLE CO 80027
Lisa Y. O'driscoll officer: Chief Administrative Officer C/O SOVOS BRANDS, INC., 168 CENTENNIAL PARKWAY, SUITE 200, LOUISVILLE CO 80027
Yuri Hermida officer: Chief Growth Officer C/O SOVOS BRANDS, INC., 168 CENTENNIAL PARKWAY, SUITE 200, LOUISVILLE CO 80027
Advent International Gp, Llc 10 percent owner 800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
Advent International Corp/ma 10 percent owner 800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
Jefferson M Case director 800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
Neha Mathur director C/O ADVENT INTERNATIONAL, PRUDENTIAL TOWER, 800 BOYLSTON STREET, BOSTON MA 02199
Robert L Graves director C/O SOVOS BRANDS, INC., 168 CENTENNIAL PARKWAY, SUITE 200, LOUISVILLE CO 80027
Wendy K. Behr officer: Chief R&D Officer C/O SOVOS BRANDS, INC., 168 CENTENNIAL PARKWAY, SUITE 200, LOUISVILLE CO 80027
Priscilla Tuan officer: Chief Marketing Officer C/O SOVOS BRANDS, INC., 168 CENTENNIAL PARKWAY, SUITE 200, LOUISVILLE CO 80027

Sovos Brands (Sovos Brands) Headlines

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