1SpatialLSE:SPA 28 PB Ratio is 4.41 as of Jun. 25, 2026, which is 44% above its 10-year median of 3.07. GuruFocus rates LSE:SPA with a GF Score™ of 28/100 and a GF Value™ of £0.63 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 2,624 Software companies, 1Spatial ranks worse than 74.28% on this metric.
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 (2026-06-25), 1Spatial's share price is £0.728. 1Spatial's Book Value per Share for the quarter that ended in Jul. 2025 was £0.17. Hence, 1Spatial's PB Ratio of today is 4.41.
Warning Sign:
1Spatial PLC stock PB Ratio (=4.41) is close to 5-year high of 4.61.
The historical rank and industry rank for 1Spatial's PB Ratio or its related term are showing as below:
LSE:SPA'
s PB Ratio Range Over the Past 10 Years
Min: 0.45 Med: 3.07 Max: 5.22
Current: 4.41
During the past 13 years, 1Spatial's highest PB Ratio was 5.22. The lowest was 0.45. And the median was 3.07.
LSE:SPA's PB Ratio is ranked worse than 74.28% of 2624
companies
in the Software industry
Industry Median: 2.37
vs LSE:SPA: 4.41
During the past 12 months, 1Spatial's average Book Value Per Share Growth Rate was 0.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 5.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 4.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -4.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of 1Spatial was 251.20% per year. The lowest was -52.50% per year. And the median was 1.50% per year.
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.
1Spatial PB Ratio Related Terms
1Spatial PB Ratio Historical Data
* Premium members only.
The historical data trend for 1Spatial'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 Software - Application subindustry, 1Spatial'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.
1Spatial PB Ratio vs Software Industry
For the Software industry and Technology sector, 1Spatial's PB Ratio distribution charts can be found below:
* The bar in red indicates where 1Spatial's PB Ratio falls into.
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.
1Spatial'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.
1Spatial (LSE:SPA) has a PB Ratio of 4.41 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on 1Spatial and its competitors. This is 44% above median its historical median of 3.07. Over the past decade, 1Spatial's PB Ratio has ranged from 0.45 to 5.22. According to the industry distribution chart, 1Spatial ranks #1949 out of 2624 companies in the Software industry, placing it in the top 74.3%.
Is 1Spatial's PB Ratio too high?
1Spatial's current PB Ratio of 4.41 is 44% above median its 10-year median of 3.07. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 5.22. The Software industry median PB Ratio is 2.37. 1Spatial's value of 4.41 is 86.1% above this industry median. Based on the distribution chart, 1Spatial ranks #1949 out of 2624 companies in the Software industry, which is below the industry midpoint. Overall, 1Spatial has a GF Score™ of 28/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does 1Spatial's PB Ratio compare to SHOP and UBER?
According to the Software industry distribution chart, 1Spatial ranks #1949 out of 2624 companies for PB Ratio. This places 1Spatial in the lower half of its industry. The industry median PB Ratio is 2.37. 1Spatial's value of 4.41 is 86.1% above this benchmark. Historically, 1Spatial's own PB Ratio has ranged from 0.45 to 5.22 over the past decade. While the company's 10-year median is 3.07 vs. the industry median of 2.37, 1Spatial has consistently been above 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 Software company?
The median PB Ratio among Software companies is 2.37, based on 2,624 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. 1Spatial's current PB Ratio of 4.41 is 86.1% above 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 1Spatial and its competitors. For the Software industry, the median PB Ratio is 2.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. 1Spatial's current PB Ratio is 4.41, which is 44% above median its own 10-year median of 3.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 1Spatial stock overvalued right now?
Based on GuruFocus' analysis, 1Spatial (LSE:SPA) is currently considered Modestly Overvalued. The stock's GF Value™ is £0.63, compared to a current price of £0.73 — trading 15.6% above its estimated fair value. The current PB Ratio is 4.41, which is 44% above median its 10-year median of 3.07 and 86.1% above the Software industry median of 2.37. 1Spatial's overall GF Score™ is 28/100 with 7 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 1Spatial (LSE:SPA), the current PB Ratio is 4.41 as of Jun. 25, 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 1Spatial (LSE:SPA) Overvalued in 2026?
Based on GuruFocus' analysis, 1Spatial stock appears to be overvalued.
The current stock price of £0.73 is trading 15.6% above its estimated GF Value™ of £0.63.
GuruFocus considers 1Spatial to be Modestly Overvalued.
Key valuation signals for LSE:SPA:
PB Ratio: 4.41 (44% above median its 10-year median of 3.07)
GF Value™: £0.63 vs. price of £0.73 (15.6% above fair value)
Industry Position: 86.1% above the Software median (#1949 of 2624)
No single metric tells the full story. See the LSE:SPA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
1Spatial PLC is engaged in providing Location Master Data Management (LMDM) software, solutions, and business applications. The company serves various industries such as Utilities, Government, Transportation and Infrastructure, Defence, and Engineering. Its product includes 1Integrate, 1Generalise, FME, Geocortex, and others. The company's geographical segments are UK/Ireland, Europe, United States, and Australia.
28GF Score
Get the complete analysis for LSE:SPA
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LSE:SPA has been successfully added to your 
