SPSC (SPS Commerce) ROE % Adjusted to Book Value: 1.31% (As of Jun. 2026)

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SPSC SPS Commerce Inc SPSC
84 GF Score
Price $80.80
GF Value $181.43
Valuation Significantly Undervalued
! 1 Warning Sign
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What is SPS Commerce ROE % Adjusted to Book Value?

SPS Commerce SPSC +4.37% 84 ROE % Adjusted to Book Value is 1.31% as of Jun. 2026. GuruFocus rates SPSC with a GF Score™ of 84/100 and a GF Value™ of $181.43 (Significantly Undervalued). The stock has 1 warning sign investors should review.

SPS Commerce's ROE % for the quarter that ended in Jun. 2026 was 2.89%. SPS Commerce's PB Ratio for the quarter that ended in Jun. 2026 was 2.20. SPS Commerce's ROE % Adjusted to Book Value for the quarter that ended in Jun. 2026 was 1.31%.


SPS Commerce ROE % Adjusted to Book Value Related Terms


SPS Commerce ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for SPS Commerce's ROE % Adjusted to Book Value 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.

SPS Commerce ROE % Adjusted to Book Value Chart

SPS Commerce Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.93 1.25 1.02 1.25 2.98

SPS Commerce Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
ROE % Adjusted to Book Value 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 1.55 2.61 3.12 3.81 1.31

SPSC vs PLUS, PDFS, INTA: ROE % Adjusted to Book Value Comparison

For the Software - Application subindustry, SPS Commerce's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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.


SPS Commerce ROE % Adjusted to Book Value vs Software Industry

For the Software industry and Technology sector, SPS Commerce's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where SPS Commerce's ROE % Adjusted to Book Value falls into.


SPSC
84GF Score
SPS Commerce Inc SPSC
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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SPS Commerce ROE % Adjusted to Book Value Calculation

SPS Commerce's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=10.21% / 3.43
=2.98%

SPS Commerce's ROE % Adjusted to Book Value for the quarter that ended in Jun. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=2.89% / 2.20
=1.31%

* 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.

What does a ROE % Adjusted to Book Value of 1.31% mean?
SPS Commerce (SPSC) has a ROE % Adjusted to Book Value of 1.31% as of Jun. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on SPS Commerce and its competitors.
Is SPS Commerce's ROE % Adjusted to Book Value too high?
SPS Commerce's current ROE % Adjusted to Book Value is 1.31%. Overall, SPS Commerce has a GF Score™ of 84/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SPS Commerce's ROE % Adjusted to Book Value compare to PLUS and PDFS?
SPS Commerce's ROE % Adjusted to Book Value of 1.31% can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for a Software company?
A good ROE % Adjusted to Book Value depends on the Software industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on SPS Commerce and its competitors. SPS Commerce's current ROE % Adjusted to Book Value is 1.31%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPS Commerce stock overvalued right now?
Based on GuruFocus' analysis, SPS Commerce (SPSC) is currently considered Significantly Undervalued. The stock's GF Value™ is $181.43, compared to a current price of $80.80 — trading 55.5% below its estimated fair value. The current ROE % Adjusted to Book Value is 1.31%. SPS Commerce's overall GF Score™ is 84/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For SPS Commerce (SPSC), the current ROE % Adjusted to Book Value is 1.31% as of Jun. 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 SPS Commerce (SPSC) Overvalued in 2026?

Based on GuruFocus' analysis, SPS Commerce stock appears to be undervalued. The current stock price of $80.80 is trading 55.5% below its estimated GF Value™ of $181.43. GuruFocus considers SPS Commerce to be Significantly Undervalued.

Key valuation signals for SPSC:

  • ROE % Adjusted to Book Value: 1.31%
  • GF Value™: $181.43 vs. price of $80.80 (55.5% below fair value)
  • GF Score™: 84/100 with 1 warning sign

No single metric tells the full story. See the SPSC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SPS Commerce Business Description

Other Exchanges 1SPSC:ItalyS86:Germany
Address 333 South Seventh Street, Suite 1000, Minneapolis, MN, USA, 55402
SPS Commerce Inc is a provider of cloud-based supply chain management services for retailers, grocers, distributors, suppliers, and logistics firms to increase supply chain performance, optimize inventory levels and sell-through, reduce operational costs, improve order visibility, and satisfy consumer demands for a seamless omnichannel experience. Its solutions are delivered through the SPS Commerce platform and provide integrations and retail performance analytics to its customers. The company has one operating segment Supply Chain Management Solutions, that derives revenues from customers by providing access to cloud-based supply chain management services, primarily under subscription-based service arrangements.
84GF Score

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ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$80.80
Price
$181.43
GF Value