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SPDR S&P 500  (ARCA:SPY) PB Ratio: (As of Today)

As of today, SPDR S&P 500's share price is \$249.44. SPDR S&P 500's Book Value per Share for the fiscal year that ended in . 20 was \$0.00. Hence, SPDR S&P 500's P/B Ratio of today is .

ARCA:SPY' s PB Ratio Range Over the Past 10 Years
Min: 0   Max: 0
Current: 3

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

( Industry Median: vs. ARCA:SPY: 3.00 )

Historical Data

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

SPDR S&P 500 Annual Data

 PB Ratio

SPDR S&P 500 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

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

 P/B Ratio = Share Price / Book Value per Share (A: . 20) = 249.44 / =

* 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:

 P/B Ratio = Market Cap (M) / (Total Equity - Preferred Stock)

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.

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