SPARQ SystemsSPRQF 35 PB Ratio is 24.51 as of Jun. 30, 2026, which is 133% above its 10-year median of 10.54. GuruFocus rates SPRQF with a GF Score™ of 35/100 and a GF Value™ of $0.78 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,981 Industrial Products companies, SPARQ Systems ranks worse than 98.15% 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 (2026-06-30), SPARQ Systems's share price is $0.8579. SPARQ Systems's Book Value per Share for the quarter that ended in Mar. 2026 was $0.04. Hence, SPARQ Systems's PB Ratio of today is 24.51.
Warning Sign:
SPARQ Systems Inc stock PB Ratio (=26.04) is close to 1-year high of 27.71.
The historical rank and industry rank for SPARQ Systems's PB Ratio or its related term are showing as below:
SPRQF'
s PB Ratio Range Over the Past 10 Years
Min: 2.02 Med: 10.54 Max: 61.54
Current: 26.04
During the past 8 years, SPARQ Systems's highest PB Ratio was 61.54. The lowest was 2.02. And the median was 10.54.
SPRQF's PB Ratio is ranked worse than 98.15% of 2981
companies
in the Industrial Products industry
Industry Median: 2.28
vs SPRQF: 26.04
During the past 12 months, SPARQ Systems's average Book Value Per Share Growth Rate was -44.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -11.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 4.70% per year.
During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of SPARQ Systems was 144.50% per year. The lowest was -11.00% per year. And the median was -5.70% 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.
SPARQ Systems PB Ratio Related Terms
SPARQ Systems PB Ratio Historical Data
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The historical data trend for SPARQ Systems'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 Electrical Equipment & Parts subindustry, SPARQ Systems'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.
SPARQ Systems PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, SPARQ Systems's PB Ratio distribution charts can be found below:
* The bar in red indicates where SPARQ Systems'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.
SPARQ Systems'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.
SPARQ Systems (SPRQF) has a PB Ratio of 24.51 as of Jun. 30, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on SPARQ Systems and its competitors. This is 133% above median its historical median of 10.54. Over the past decade, SPARQ Systems' PB Ratio has ranged from 2.02 to 61.54. According to the industry distribution chart, SPARQ Systems ranks #2926 out of 2981 companies in the Industrial Products industry, placing it in the top 98.2%.
Is SPARQ Systems' PB Ratio too high?
SPARQ Systems' current PB Ratio of 24.51 is 133% above median its 10-year median of 10.54. Over the past 10 years, this metric has ranged from a low of 2.02 to a high of 61.54. The Industrial Products industry median PB Ratio is 2.28. SPARQ Systems' value of 24.51 is 975% above this industry median. Based on the distribution chart, SPARQ Systems ranks #2926 out of 2981 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, SPARQ Systems has a GF Score™ of 35/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does SPARQ Systems' PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, SPARQ Systems ranks #2926 out of 2981 companies for PB Ratio. This places SPARQ Systems in the lower half of its industry. The industry median PB Ratio is 2.28. SPARQ Systems' value of 24.51 is 975% above this benchmark. Historically, SPARQ Systems' own PB Ratio has ranged from 2.02 to 61.54 over the past decade. While the company's 10-year median is 10.54 vs. the industry median of 2.28, SPARQ Systems 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.28, based on 2,981 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. SPARQ Systems's current PB Ratio of 24.51 is 975% 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 SPARQ Systems and its competitors. For the Industrial Products industry, the median PB Ratio is 2.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPARQ Systems's current PB Ratio is 24.51, which is 133% above median its own 10-year median of 10.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPARQ Systems stock overvalued right now?
Based on GuruFocus' analysis, SPARQ Systems (SPRQF) is currently considered Fairly Valued. The stock's GF Value™ is $0.78, compared to a current price of $0.86 — trading 10% above its estimated fair value. The current PB Ratio is 24.51, which is 133% above median its 10-year median of 10.54 and 975% above the Industrial Products industry median of 2.28. SPARQ Systems' overall GF Score™ is 35/100 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 SPARQ Systems (SPRQF), the current PB Ratio is 24.51 as of Jun. 30, 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 SPARQ Systems (SPRQF) Overvalued in 2026?
Based on GuruFocus' analysis, SPARQ Systems stock appears to be overvalued.
The current stock price of $0.86 is trading 10% above its estimated GF Value™ of $0.78.
GuruFocus considers SPARQ Systems to be Fairly Valued.
Key valuation signals for SPRQF:
PB Ratio: 24.51 (133% above median its 10-year median of 10.54)
GF Value™: $0.78 vs. price of $0.86 (10% above fair value)
Industry Position: 975% above the Industrial Products median (#2926 of 2981)
No single metric tells the full story. See the SPRQF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SPARQ Systems Inc designs and manufactures next generation single-phase microinverters for residential and commercial solar electric applications. The company has developed a proprietary photovoltaic (PV) solution called the Quad; the Quad inverter optimizes four PV modules with a single microinverter, simplifying design and installation, and lowering cost for solar power installations when compared to existing market offerings. Its products include Quad2, Quad3, Q1200 Microinverter, SparqLinq, SparqVu, and SparqSync. The company derives revenue from the sale of hardware, including microinverters and their associated peripherals.
35GF Score
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