SM Prime HoldingsSPHXF 49 PB Ratio is 1.05 as of Jul. 01, 2026, which is 66% below its 10-year median of 3.11. GuruFocus rates SPHXF with a GF Score™ of 49/100 and a GF Value™ of $0.50 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,712 Real Estate companies, SM Prime Holdings ranks worse than 62.27% on this metric.
SM Prime Holdings Inc stock PB Ratio (=1.12) is close to 10-year low of 1.06.
The historical rank and industry rank for SM Prime Holdings's PB Ratio or its related term are showing as below:
SPHXF'
s PB Ratio Range Over the Past 10 Years
Min: 1.06 Med: 3.11 Max: 4.38
Current: 1.12
During the past 13 years, SM Prime Holdings's highest PB Ratio was 4.38. The lowest was 1.06. And the median was 3.11.
SPHXF's PB Ratio is ranked worse than 62.27% of 1712
companies
in the Real Estate industry
Industry Median: 0.815
vs SPHXF: 1.12
During the past 12 months, SM Prime Holdings's average Book Value Per Share Growth Rate was 7.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 8.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 8.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 7.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of SM Prime Holdings was 44.10% per year. The lowest was -4.70% per year. And the median was 8.85% per year.
Back to Basics: PB Ratio
SM Prime Holdings (OTCPK:SPHXF) PB Ratio Explanation
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.
SM Prime Holdings PB Ratio Related Terms
SM Prime Holdings PB Ratio Historical Data
* Premium members only.
The historical data trend for SM Prime Holdings'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 Real Estate - Diversified subindustry, SM Prime Holdings'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.
SM Prime Holdings PB Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, SM Prime Holdings's PB Ratio distribution charts can be found below:
* The bar in red indicates where SM Prime Holdings'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.
* 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.
SM Prime Holdings (SPHXF) has a PB Ratio of 1.05 as of Jul. 01, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on SM Prime Holdings and its competitors. This is 66% below median its historical median of 3.11. Over the past decade, SM Prime Holdings' PB Ratio has ranged from 1.06 to 4.38. According to the industry distribution chart, SM Prime Holdings ranks #1066 out of 1712 companies in the Real Estate industry, placing it in the top 62.3%.
Is SM Prime Holdings' PB Ratio too high?
SM Prime Holdings' current PB Ratio of 1.05 is 66% below median its 10-year median of 3.11. Over the past 10 years, this metric has ranged from a low of 1.06 to a high of 4.38. The Real Estate industry median PB Ratio is 0.82. SM Prime Holdings' value of 1.05 is 28.8% above this industry median. Based on the distribution chart, SM Prime Holdings ranks #1066 out of 1712 companies in the Real Estate industry, which is below the industry midpoint. Overall, SM Prime Holdings has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does SM Prime Holdings' PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, SM Prime Holdings ranks #1066 out of 1712 companies for PB Ratio. This places SM Prime Holdings in the lower half of its industry. The industry median PB Ratio is 0.82. SM Prime Holdings' value of 1.05 is 28.8% above this benchmark. Historically, SM Prime Holdings' own PB Ratio has ranged from 1.06 to 4.38 over the past decade. While the company's 10-year median is 3.11 vs. the industry median of 0.82, SM Prime Holdings 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 Real Estate company?
The median PB Ratio among Real Estate companies is 0.82, based on 1,712 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. SM Prime Holdings's current PB Ratio of 1.05 is 28.8% 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 SM Prime Holdings and its competitors. For the Real Estate industry, the median PB Ratio is 0.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SM Prime Holdings's current PB Ratio is 1.05, which is 66% below median its own 10-year median of 3.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SM Prime Holdings stock overvalued right now?
Based on GuruFocus' analysis, SM Prime Holdings (SPHXF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.50, compared to a current price of $0.28 — trading 44% below its estimated fair value. The current PB Ratio is 1.05, which is 66% below median its 10-year median of 3.11 and 28.8% above the Real Estate industry median of 0.82. SM Prime Holdings' overall GF Score™ is 49/100 with 4 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 SM Prime Holdings (SPHXF), the current PB Ratio is 1.05 as of Jul. 01, 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 SM Prime Holdings (SPHXF) Overvalued in 2026?
Based on GuruFocus' analysis, SM Prime Holdings stock appears to be undervalued.
The current stock price of $0.28 is trading 44% below its estimated GF Value™ of $0.50.
GuruFocus considers SM Prime Holdings to be Possible Value Trap.
Key valuation signals for SPHXF:
PB Ratio: 1.05 (66% below median its 10-year median of 3.11)
GF Value™: $0.50 vs. price of $0.28 (44% below fair value)
Industry Position: 28.8% above the Real Estate median (#1066 of 1712)
No single metric tells the full story. See the SPHXF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SM Prime Holdings Inc is an integrated property developer. It is engaged in acquiring and developing real estate, conducting and maintaining commercial shopping centers, and constructing and managing buildings such as condominiums, apartments, hotels, restaurants, stores, and other structures for mixed-use purposes. The company has four business segments, namely, malls, residential, commercial, and integrated property developments and hotels and convention centers. It generates maximum revenue from the Malls segment, which develops, conducts, operates, and maintains the business of commercial shopping centers for rent, amusement centers, or cinema theaters within the compound of the shopping centers.
49GF Score
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