Spar Group (JSE:SPP) PB Ratio : 1.89 (As of May. 03, 2024)

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What is Spar Group PB Ratio?

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 (2024-05-03), Spar Group's share price is R100.17. Spar Group's Book Value per Share for the quarter that ended in Sep. 2023 was R53.04. Hence, Spar Group's PB Ratio of today is 1.89.

Good Sign:

Spar Group Ltd stock PB Ratio (=1.72) is close to 10-year low of 1.63

The historical rank and industry rank for Spar Group's PB Ratio or its related term are showing as below:

JSE:SPP' s PB Ratio Range Over the Past 10 Years
Min: 1.63 Med: 5.35 Max: 11.51
Current: 1.85

During the past 13 years, Spar Group's highest PB Ratio was 11.51. The lowest was 1.63. And the median was 5.35.

JSE:SPP's PB Ratio is ranked worse than
53.69% of 298 companies
in the Retail - Defensive industry
Industry Median: 1.66 vs JSE:SPP: 1.85

During the past 12 months, Spar Group's average Book Value Per Share Growth Rate was 4.40% 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 7.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 12.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Spar Group was 29.40% per year. The lowest was 4.90% per year. And the median was 12.95% per year.

Back to Basics: PB Ratio

Spar Group PB Ratio Historical Data

The historical data trend for Spar Group'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.

* Premium members only.

Spar Group PB Ratio Chart

Spar Group Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

PB Ratio

Get a 7-Day Free Trial

4.92

4.59

4.61

2.82

2.19

Spar Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
PB Ratio	Get a 7-Day Free Trial															4.61	3.97	2.82	2.59	2.19

Competitive Comparison of Spar Group's PB Ratio

For the Food Distribution subindustry, Spar Group'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.

Spar Group's PB Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Spar Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where Spar Group's PB Ratio falls into.

Spar Group PB Ratio Calculation

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.

Spar Group's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2023)
	=	100.17	/	53.042
	=	1.89

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Spar Group (JSE:SPP) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.

Spar Group PB Ratio Related Terms

Thank you for viewing the detailed overview of Spar Group's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Spar Group (JSE:SPP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Spar Group Ltd (JSE:SPP) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

SGPPY:USA

Address

22 Chancery Lane, P.O. Box 1589, Pinetown, NL, ZAF, 3600

Website

https://www.spar.co.za

Spar Group Ltd is a wholesaler and distributor of goods and services to the group's retail outlets such as SPAR stores, Build it builders' merchandise outlets, TOPS at SPAR liquor stores, and others across Southern Africa. The company also has operations that comprise independently owned SPAR, MACE, XL and Londis stores in Ireland and southwest England. The company provides independent retailers the option to own or lease its stores and operate under the SPAR brand. The Southern Africa segment represents the majority of group revenue, with Ireland contributing an increasing proportion. The company delivers goods to the stores by a fleet of trucks and trailers owned by the SPAR Group. The group has two primary private brands namely SPAR and SaveMor.

Spar Group (JSE:SPP) Headlines

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