Aitken Spence (COL:SPEN.N0000) PB Ratio: 0.71 (As of Aug. 26, 2026) — Near Median

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COL:SPEN.N0000 Aitken Spence PLC COL:SPEN.N0000
81 GF Score
Price රු159.00
GF Value රු143.77
! 5 Warning Signs
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What is Aitken Spence PB Ratio?

Aitken Spence COL:SPEN.N0000 81 PB Ratio is 0.71 as of Aug. 26, 2026, which is 9% above its 10-year median of 0.65. GuruFocus rates COL:SPEN.N0000 with a GF Score™ of 81/100 and a GF Value™ of රු143.77. The stock has 5 warning signs investors should review.

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 (2026-08-26), Aitken Spence's share price is රු159.00. Aitken Spence's Book Value per Share for the quarter that ended in Jun. 2026 was රු223.61. Hence, Aitken Spence's PB Ratio of today is 0.71.

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

COL:SPEN.N0000' s PB Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.65   Max: 0.89
Current: 0.71

During the past 13 years, Aitken Spence's highest PB Ratio was 0.89. The lowest was 0.22. And the median was 0.65.

COL:SPEN.N0000's PB Ratio is not ranked
in the Conglomerates industry.
Industry Median: 1.04 vs COL:SPEN.N0000: 0.71

During the past 12 months, Aitken Spence's average Book Value Per Share Growth Rate was 16.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 6.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 10.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 9.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Aitken Spence was 14.80% per year. The lowest was 3.40% per year. And the median was 10.10% per year.

Back to Basics: PB Ratio


Aitken Spence  (COL:SPEN.N0000) 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.


Aitken Spence PB Ratio Related Terms


Aitken Spence PB Ratio Historical Data

* Premium members only.

The historical data trend for Aitken Spence'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.

Aitken Spence PB Ratio Chart

Aitken Spence Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 0.71 0.72 0.67 0.73

Aitken Spence Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.76 0.85 0.80 0.73 0.71

COL:SPEN.N0000 vs HON, MMM: PB Ratio Comparison

For the Conglomerates subindustry, Aitken Spence'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.


Aitken Spence PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Aitken Spence's PB Ratio distribution charts can be found below:

* The bar in red indicates where Aitken Spence's PB Ratio falls into.


COL:SPEN.N0000
81GF Score
Aitken Spence PLC COL:SPEN.N0000
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aitken Spence 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.

Aitken Spence's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2026)
=159.00/223.608
=0.71

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 0.71 mean?
Aitken Spence (COL:SPEN.N0000) has a PB Ratio of 0.71 as of Aug. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Aitken Spence and its competitors. This is near median its historical median of 0.65. Over the past decade, Aitken Spence's PB Ratio has ranged from 0.22 to 0.89.
Is Aitken Spence's PB Ratio too high?
Aitken Spence's current PB Ratio of 0.71 is near median its 10-year median of 0.65. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 0.89. The Conglomerates industry median PB Ratio is 1.04. Aitken Spence's value of 0.71 is 31.7% below this industry median. Overall, Aitken Spence has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Aitken Spence's PB Ratio compare to HON and MMM?
Aitken Spence's PB Ratio of 0.71 can be compared against companies in the Conglomerates industry. The industry median PB Ratio is 1.04. Aitken Spence's value of 0.71 is 31.7% below this benchmark. Historically, Aitken Spence's own PB Ratio has ranged from 0.22 to 0.89 over the past decade. While the company's 10-year median is 0.65 vs. the industry median of 1.04, Aitken Spence has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Conglomerates company?
The median PB Ratio among Conglomerates companies is 1.04, based on 539 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Aitken Spence's current PB Ratio of 0.71 is 31.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Aitken Spence and its competitors. For the Conglomerates industry, the median PB Ratio is 1.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aitken Spence's current PB Ratio is 0.71, which is near median its own 10-year median of 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aitken Spence stock overvalued right now?
Aitken Spence (COL:SPEN.N0000) has a current PB Ratio of 0.71. The stock's GF Value™ is රු143.77, compared to a current price of රු159.00 — trading 10.6% above its estimated fair value. The current PB Ratio is 0.71, which is near median its 10-year median of 0.65 and 31.7% below the Conglomerates industry median of 1.04. Aitken Spence's overall GF Score™ is 81/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Aitken Spence (COL:SPEN.N0000), the current PB Ratio is 0.71 as of Aug. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Aitken Spence (COL:SPEN.N0000) Overvalued in 2026?

Based on GuruFocus' analysis, Aitken Spence stock appears to be overvalued. The current stock price of රු159.00 is trading 10.6% above its estimated GF Value™ of රු143.77.

Key valuation signals for COL:SPEN.N0000:

  • PB Ratio: 0.71 (near median its 10-year median of 0.65)
  • GF Value™: රු143.77 vs. price of රු159.00 (10.6% above fair value)
  • GF Score™: 81/100 with 5 warning signs
  • Industry Position: 31.7% below the Conglomerates median

No single metric tells the full story. See the COL:SPEN.N0000 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aitken Spence Business Description

Address No. 315, Vauxhall Street, Aitken Spence Towers, Colombo, LKA, 02
Aitken Spence PLC is a Sri Lankan-based conglomerate company. It operates in four business segments, namely Tourism, Maritime and Freight Logistics, Strategic Investments, and Services. The tourism segment includes Hotels, destination management, and Airline GSA. Maritime and Freight Logistics segments consist of Maritime and Port Services, Freight Forwarding and Courier, Integrated Container Services, and Education. Strategic Investment includes Power Generation, Apparel Manufacture, Printing and Packaging, and Plantations. The Services sector is engaged in Money Transfer Services, Elevator Agencies, Insurance, BPO Services, and Property Management. The majority of revenue is derived from the Tourism sector. The company's geographical segments are Sri Lanka, Maldives, and Other Countries.
81GF Score

Get the complete analysis for COL:SPEN.N0000

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

රු159.00
Price
රු143.77
GF Value