GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Sprott Inc (TSX:SII) » Definitions » Price-to-Tangible-Book

Sprott (TSX:SII) Price-to-Tangible-Book : 10.21 (As of May. 05, 2024)


View and export this data going back to 2008. Start your Free Trial

What is Sprott Price-to-Tangible-Book?

As of today (2024-05-05), Sprott's share price is C$55.86. Sprott's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$5.47. Hence, Sprott's Price to Tangible Book Ratio of today is 10.21.

The historical rank and industry rank for Sprott's Price-to-Tangible-Book or its related term are showing as below:

TSX:SII' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.8   Med: 3.59   Max: 11.26
Current: 10.21

During the past 13 years, Sprott's highest Price to Tangible Book Ratio was 11.26. The lowest was 1.80. And the median was 3.59.

TSX:SII's Price-to-Tangible-Book is ranked worse than
97.54% of 1625 companies
in the Asset Management industry
Industry Median: 0.95 vs TSX:SII: 10.21

A closely related ratio is called PB Ratio. As of today, Sprott's share price is C$55.86. Sprott's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$16.14. Hence, Sprott's P/B Ratio of today is 3.46.


Sprott Price-to-Tangible-Book Historical Data

The historical data trend for Sprott's Price-to-Tangible-Book 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.

* Premium members only.

Sprott Price-to-Tangible-Book Chart

Sprott Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.99 6.17 11.26 10.82 8.20

Sprott Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Tangible-Book 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 10.82 11.28 8.69 7.84 8.20

Competitive Comparison of Sprott's Price-to-Tangible-Book

For the Asset Management subindustry, Sprott's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.


Sprott's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Sprott's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Sprott's Price-to-Tangible-Book falls into.



Sprott Price-to-Tangible-Book Calculation

Sprott's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=55.86/5.473
=10.21

* 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 PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Sprott Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Sprott's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Sprott (TSX:SII) Business Description

Traded in Other Exchanges
Address
200 Bay Street, South Tower, Suite 2600, Royal Bank Plaza, Toronto, ON, CAN, M5J 2J1
Sprott Inc is an alternative asset manager operating in Canada. The company has five reportable segments: Exchange Listed Products, which includes management services to the company's closed-end physical trusts and exchange-traded funds, both of which are actively traded on public securities exchanges; Managed equities segment provides asset management and sub-advisory services to the Company's branded funds, fixed-term LPs and managed accounts; Private strategies; Brokerage segment includes activities of Canadian and U.S. broker-dealers; Corporate; and Others.

Sprott (TSX:SII) Headlines

From GuruFocus

Sprott Inc. Declares First Quarter 2023 Dividend

By sperokesalga sperokesalga 05-04-2023

Sprott Announces Date for 2023 First Quarter Results Webcast

By sperokesalga sperokesalga 05-01-2023

Sprott Launches Four New ETFs Focused on Energy Transition Materials

By Stock market mentor Stock market mentor 02-02-2023

Sprott Announces Date For 2022 Third Quarter Results Webcast

By Value_Insider Value_Insider 10-31-2022

Sprott Announces Date for 2022 Annual Results Webcast

By sperokesalga sperokesalga 02-21-2023