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 (2024-04-26), Switch's share price is $34.25. Switch's Book Value per Share for the quarter that ended in Sep. 2022 was $4.91. Hence, Switch's PB Ratio of today is 6.98.
Good Sign:
Switch Inc stock PB Ratio (=6.98) is close to 1-year low of 6.7
The historical rank and industry rank for Switch's PB Ratio or its related term are showing as below:
SWCH'
s PB Ratio Range Over the Past 10 Years
Min: 2.51 Med: 6.86 Max: 14.84
Current: 6.98
During the past 7 years, Switch's highest PB Ratio was 14.84. The lowest was 2.51. And the median was 6.86.
SWCH's PB Ratio is not ranked
in the Software industry.
Industry Median: 2.62
vs SWCH: 6.98
During the past 12 months, Switch's average Book Value Per Share Growth Rate was 118.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -4.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -20.10% per year.
During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Switch was -4.30% per year. The lowest was -36.20% per year. And the median was -21.90% per year.
Back to Basics: PB Ratio
Switch PB Ratio Historical Data
The historical data trend for Switch'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.
For the Information Technology Services subindustry, Switch'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.
Switch's PB Ratio Distribution in the Software Industry
For the Software industry and Technology sector, Switch's PB Ratio distribution charts can be found below:
* The bar in red indicates where Switch's PB Ratio falls into.
Switch 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.
Switch'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.
Switch PB Ratio Related Terms
Thank you for viewing the detailed overview of Switch's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Switch Inc is a US-based technology infrastructure company. It is engaged in designing, constructing, and operating hyper-scale data centers. The company has developed patented technologies that have redefined data center space and cooling, allowing customers to deploy high-density and scalable IT architectures to support demanding and critical workloads. Switch owns and operates primary campus locations called Primes. These Primes are The Core Campus in Vegas, Nevada; The Citadel Campus near Reno, Nevada; The Pyramid Campus in Grand Rapids, Michigan; and The Keep Campus in Atlanta, Georgia. It generates the majority of its revenue through colocation, which includes the licensing and leasing of cabinet space & power.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SWCH has been successfully added to your 