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Sprint (Sprint) PB Ratio : 1.38 (As of Apr. 26, 2024)


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What is Sprint 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 (2024-04-26), Sprint's share price is $8.62. Sprint's Book Value per Share for the quarter that ended in Dec. 2019 was $6.27. Hence, Sprint's PB Ratio of today is 1.38.

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

S's PB Ratio is not ranked *
in the Telecommunication Services industry.
Industry Median: 1.725
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Sprint PB Ratio Historical Data

The historical data trend for Sprint'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.

Sprint PB Ratio Chart

Sprint Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Mar15 Mar16 Mar17 Mar18 Mar19
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.87 0.70 1.84 0.74 0.88

Sprint Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 0.84 0.88 1.03 0.98 0.83

Competitive Comparison of Sprint's PB Ratio

For the Telecom Services subindustry, Sprint'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.


Sprint's PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Sprint's PB Ratio distribution charts can be found below:

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



Sprint 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.

Sprint's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2019)
=8.62/6.265
=1.38

* 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.


Sprint  (NYSE:S) 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.


Sprint PB Ratio Related Terms

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


Sprint (Sprint) Business Description

Traded in Other Exchanges
N/A
Address
6200 Sprint Parkway, Overland Park, KS, USA, 66251
A decade of operational problems has considerably diminished Sprint's position in the wireless industry. It is now the fourth- largest carrier in the United States, serving 26 million postpaid and 9 million prepaid phone customers directly and 13 million via wholesale channels. Over the past five years, the firm's share of the postpaid phone market has declined about 1 percentage point to 12%, leaving it about three fourths the size of T-Mobile U.S., the next smallest carrier. About 4% of sales come from the wireline unit, which provides phone and data services to the wireless unit and external customers. Japanese firm Softbank took a 78% stake in Sprint through the purchase of existing Sprint shares and a $5 billion equity infusion in 2013; it has since increased its stake to 85%.