Smithson Investment Trust (LSE:SSON) PB Ratio : 0.87 (As of May. 04, 2024)

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What is Smithson Investment Trust 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 (2024-05-04), Smithson Investment Trust's share price is £13.94. Smithson Investment Trust's Book Value per Share for the quarter that ended in Dec. 2023 was £15.98. Hence, Smithson Investment Trust's PB Ratio of today is 0.87.

Good Sign:

Smithson Investment Trust PLC stock PB Ratio (=0.86) is close to 1-year low of 0.83

The historical rank and industry rank for Smithson Investment Trust's PB Ratio or its related term are showing as below:

LSE:SSON' s PB Ratio Range Over the Past 10 Years
Min: 0.59 Med: 0.96 Max: 1.22
Current: 0.86

During the past 5 years, Smithson Investment Trust's highest PB Ratio was 1.22. The lowest was 0.59. And the median was 0.96.

LSE:SSON's PB Ratio is ranked better than
68.06% of 1694 companies
in the Asset Management industry
Industry Median: 0.94 vs LSE:SSON: 0.86

During the past 12 months, Smithson Investment Trust's average Book Value Per Share Growth Rate was 13.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -1.00% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Smithson Investment Trust was 5.10% per year. The lowest was -1.00% per year. And the median was 2.05% per year.

Back to Basics: PB Ratio

Smithson Investment Trust PB Ratio Historical Data

The historical data trend for Smithson Investment Trust'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.

Smithson Investment Trust PB Ratio Chart

Smithson Investment Trust Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

1.07

1.04

1.03

0.93

0.89

Smithson Investment Trust Semi-Annual Data
	Dec18	Jun19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial					1.03	0.88	0.93	0.89	0.89

Competitive Comparison of Smithson Investment Trust's PB Ratio

For the Asset Management subindustry, Smithson Investment Trust'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.

Smithson Investment Trust's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Smithson Investment Trust's PB Ratio distribution charts can be found below:

* The bar in red indicates where Smithson Investment Trust's PB Ratio falls into.

Smithson Investment Trust 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.

Smithson Investment Trust's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	13.94	/	15.98
	=	0.87

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.

Smithson Investment Trust (LSE:SSON) 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.

Smithson Investment Trust PB Ratio Related Terms

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Smithson Investment Trust (LSE:SSON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Smithson Investment Trust PLC (LSE:SSON) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

SSONl:UK

Address

125 London Wall, 6th Floor, London, GBR, EC2Y 5AS

Website

https://www.smithson.co.uk

Smithson Investment Trust PLC operates as an investment company. Its investment objective is to provide shareholders with long term growth in value through exposure to a diversified portfolio of shares issued by listed or traded companies. The company invests in various sectors such as Materials; Financials; Consumer Staples; Communication Services; Consumer Discretionary; Healthcare; Industrials and Information Technology. Geographically, it operates in Latin America; Eurasia, the Middle East, Africa; Asia Pacific; North America and Europe.

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