Spok HoldingsSPOK -0.76%58 PB Ratio is 1.54 as of Jul. 09, 2026, which is 43% above its 10-year median of 1.08. GuruFocus rates SPOK with a GF Score™ of 58/100 and a GF Value™ of $14.68 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 609 Healthcare Providers & Services companies, Spok Holdings ranks better than 61.08% 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 (2026-07-09), Spok Holdings's share price is $10.38. Spok Holdings's Book Value per Share for the quarter that ended in Mar. 2026 was $6.75. Hence, Spok Holdings's PB Ratio of today is 1.54.
Good Sign:
Spok Holdings Inc stock PB Ratio (=1.55) is close to 2-year low of 1.55.
The historical rank and industry rank for Spok Holdings's PB Ratio or its related term are showing as below:
SPOK'
s PB Ratio Range Over the Past 10 Years
Min: 0.69 Med: 1.08 Max: 2.52
Current: 1.54
During the past 13 years, Spok Holdings's highest PB Ratio was 2.52. The lowest was 0.69. And the median was 1.08.
SPOK's PB Ratio is ranked better than 61.08% of 609
companies
in the Healthcare Providers & Services industry
Industry Median: 2
vs SPOK: 1.54
During the past 12 months, Spok Holdings's average Book Value Per Share Growth Rate was -8.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -5.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -6.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -8.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Spok Holdings was 66.30% per year. The lowest was -32.00% per year. And the median was -4.50% 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.
Spok Holdings PB Ratio Related Terms
Spok Holdings PB Ratio Historical Data
* Premium members only.
The historical data trend for Spok 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 Health Information Services subindustry, Spok 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.
Spok Holdings PB Ratio vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Spok Holdings's PB Ratio distribution charts can be found below:
* The bar in red indicates where Spok 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.
Spok Holdings'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.
Spok Holdings (SPOK) has a PB Ratio of 1.54 as of Jul. 09, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Spok Holdings and its competitors. This is 43% above median its historical median of 1.08. Over the past decade, Spok Holdings' PB Ratio has ranged from 0.69 to 2.52. According to the industry distribution chart, Spok Holdings ranks #237 out of 609 companies in the Healthcare Providers & Services industry, placing it in the top 38.9%.
Is Spok Holdings' PB Ratio too high?
Spok Holdings' current PB Ratio of 1.54 is 43% above median its 10-year median of 1.08. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 2.52. The Healthcare Providers & Services industry median PB Ratio is 2.00. Spok Holdings' value of 1.54 is 23% below this industry median. Based on the distribution chart, Spok Holdings ranks #237 out of 609 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, Spok Holdings has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Spok Holdings' PB Ratio compare to LFMD and AMWL?
According to the Healthcare Providers & Services industry distribution chart, Spok Holdings ranks #237 out of 609 companies for PB Ratio. This puts Spok Holdings in the upper half of its industry. The industry median PB Ratio is 2.00. Spok Holdings' value of 1.54 is 23% below this benchmark. Historically, Spok Holdings' own PB Ratio has ranged from 0.69 to 2.52 over the past decade. While the company's 10-year median is 1.08 vs. the industry median of 2.00, Spok Holdings 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 Healthcare Providers & Services company?
The median PB Ratio among Healthcare Providers & Services companies is 2.00, based on 609 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. Spok Holdings's current PB Ratio of 1.54 is 23% 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 Spok Holdings and its competitors. For the Healthcare Providers & Services industry, the median PB Ratio is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spok Holdings's current PB Ratio is 1.54, which is 43% above median its own 10-year median of 1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spok Holdings stock overvalued right now?
Based on GuruFocus' analysis, Spok Holdings (SPOK) is currently considered Modestly Undervalued. The stock's GF Value™ is $14.68, compared to a current price of $10.38 — trading 29.3% below its estimated fair value. The current PB Ratio is 1.54, which is 43% above median its 10-year median of 1.08 and 23% below the Healthcare Providers & Services industry median of 2.00. Spok Holdings' overall GF Score™ is 58/100 with 3 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 Spok Holdings (SPOK), the current PB Ratio is 1.54 as of Jul. 09, 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 Spok Holdings (SPOK) Overvalued in 2026?
Based on GuruFocus' analysis, Spok Holdings stock appears to be undervalued.
The current stock price of $10.38 is trading 29.3% below its estimated GF Value™ of $14.68.
GuruFocus considers Spok Holdings to be Modestly Undervalued.
Key valuation signals for SPOK:
PB Ratio: 1.54 (43% above median its 10-year median of 1.08)
GF Value™: $14.68 vs. price of $10.38 (29.3% below fair value)
Industry Position: 23% below the Healthcare Providers & Services median (#237 of 609)
No single metric tells the full story. See the SPOK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Spok Holdings Inc is a provider of healthcare communications. The company delivers clinical communication and collaboration solutions to help protect the health, well-being, and safety of people in the United States and abroad, on a limited basis, in Europe, Canada, Australia, Asia, and the Middle East. The company develops, sells, and supports enterprise-wide systems principally for healthcare and other organizations needing to automate, centralize, and standardize their approach to clinical and critical communications. The company offers its services and products to three market segments: healthcare, government, and large enterprise, with a greater emphasis on the healthcare market segment. Geographically, the company generates the majority of its revenue from the United States.
58GF Score
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