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SM Prime Holdings (PHS:SMPH) PB Ratio : 2.04 (As of May. 03, 2024)


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What is SM Prime Holdings 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), SM Prime Holdings's share price is ₱27.95. SM Prime Holdings's Book Value per Share for the quarter that ended in Dec. 2023 was ₱13.72. Hence, SM Prime Holdings's PB Ratio of today is 2.04.

Good Sign:

SM Prime Holdings Inc stock PB Ratio (=2.1) is close to 10-year low of 1.99

The historical rank and industry rank for SM Prime Holdings's PB Ratio or its related term are showing as below:

PHS:SMPH' s PB Ratio Range Over the Past 10 Years
Min: 1.99   Med: 3.15   Max: 5.07
Current: 2.04

During the past 13 years, SM Prime Holdings's highest PB Ratio was 5.07. The lowest was 1.99. And the median was 3.15.

PHS:SMPH's PB Ratio is ranked worse than
81.68% of 1752 companies
in the Real Estate industry
Industry Median: 0.81 vs PHS:SMPH: 2.04

During the past 12 months, SM Prime Holdings's average Book Value Per Share Growth Rate was 9.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 8.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 8.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of SM Prime Holdings was 44.10% per year. The lowest was -4.70% per year. And the median was 8.80% per year.

Back to Basics: PB Ratio


SM Prime Holdings PB Ratio Historical Data

The historical data trend for SM Prime Holdings'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.

SM Prime Holdings PB Ratio Chart

SM Prime Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.04 3.59 2.94 2.82 2.40

SM Prime Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio 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 2.82 2.54 2.52 2.26 2.40

Competitive Comparison of SM Prime Holdings's PB Ratio

For the Real Estate - Diversified subindustry, SM Prime Holdings'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.


SM Prime Holdings's PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, SM Prime Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where SM Prime Holdings's PB Ratio falls into.



SM Prime Holdings 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.

SM Prime Holdings's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=27.95/13.719
=2.04

* 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.


SM Prime Holdings  (PHS:SMPH) 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.


SM Prime Holdings PB Ratio Related Terms

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


SM Prime Holdings (PHS:SMPH) Business Description

Traded in Other Exchanges
Address
Coral Way cor. J.W. Diokno Boulevard, 10th Floor, Mall of Asia Arena Annex Building, Mall of Asia Complex, Brgy. 76, Zone 10, CBP-1A, Pasay, PHL, 1300
SM Prime Holdings Inc is an integrated property developer in Southeast Asia. Through subsidiaries and business units, it sells affordable condominium units and develops and leases office buildings in Metro Manila. It also houses a unit that develops and manages hotel and convention centers across the Philippines. Residential properties are strategically offered near business and lifestyle districts and provide a host of amenities at prices that cater to the middle market. Malls are the leading revenue provider and are equipped to handle thousands of residents in addition to cinema operations.

SM Prime Holdings (PHS:SMPH) Headlines

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