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 (2024-04-26), Snowflake's share price is $152.50. Snowflake's Book Value per Share for the quarter that ended in Jan. 2024 was $15.51. Hence, Snowflake's PB Ratio of today is 9.83.
The historical rank and industry rank for Snowflake's PB Ratio or its related term are showing as below:
SNOW'
s PB Ratio Range Over the Past 10 Years
Min: 6.95 Med: 12.29 Max: 96.77
Current: 9.83
During the past 6 years, Snowflake's highest PB Ratio was 96.77. The lowest was 6.95. And the median was 12.29.
SNOW's PB Ratio is ranked worse than 87.78% of 2578
companies
in the Software industry
Industry Median: 2.62
vs SNOW: 9.83
During the past 12 months, Snowflake's average Book Value Per Share Growth Rate was -8.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -3.30% per year.
During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Snowflake was -3.30% per year. The lowest was -3.30% per year. And the median was -3.30% per year.
Back to Basics: PB Ratio
Snowflake PB Ratio Historical Data
The historical data trend for Snowflake'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 Software - Application subindustry, Snowflake'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.
Snowflake's PB Ratio Distribution in the Software Industry
For the Software industry and Technology sector, Snowflake's PB Ratio distribution charts can be found below:
* The bar in red indicates where Snowflake's PB Ratio falls into.
Snowflake 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.
Snowflake'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.
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.
Snowflake PB Ratio Related Terms
Thank you for viewing the detailed overview of Snowflake's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Founded in 2012, Snowflake is a data lake, warehousing, and sharing company that came public in 2020. To date, the company has over 3,000 customers, including nearly 30% of the Fortune 500 as its customers. Snowflake's data lake stores unstructured and semistructured data that can then be used in analytics to create insights stored in its data warehouse. Snowflake's data sharing capability allows enterprises to easily buy and ingest data almost instantaneously compared with a traditionally months-long process. Overall, the company is known for the fact that all of its data solutions that can be hosted on various public clouds.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SNOW has been successfully added to your 