Sps Commerce (SPSC) Price to Book (2010 - 2026)
Sps Commerce's Price to Book came in at 2.20 for Q2 2026, down 59.4% from 5.43 a year earlier but up 3.1% from the prior quarter.
Analysis
Sps Commerce (SPSC) Price to Book (2010 - 2026) Analysis & Trends
For FY2025, Sps Commerce's Price to Book was 3.43, down 57.6% from FY2024.
- Going back by year, Price to Book was 8.11 in FY2024 (-24.2%), 10.69 in FY2023 (+23.7%), 8.65 in FY2022 (-18.3%) and 10.59 in FY2021 (+15.6%).
- The five-year range for quarterly Price to Book is 2.14 (Q1 2026) to 12.33 (Q3 2021).
- Year-over-year, Price to Book has declined for nine consecutive quarters, with an average decline of 44.8% over the last eight quarters.
- The fastest year-over-year change in Price to Book over five years came in Q3 2021 (growth of 77.2%), and the weakest in Q1 2026 (a decline of 61.0%).
- Business Quant data shows SPSC's Price to Book at 2.14 (Q1 2026), 3.43 (Q4 2025) and 4.10 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - |
| 2 | Veeva Systems | 46.20 Bn | 18.45 Bn | 695.95 Mn |
| 3 | Samsara | 22.32 Bn | 19.09 Bn | 392.58 Mn |
| 4 | Toast | 16.73 Bn | 9.40 Bn | 516.00 Mn |
| 5 | Ptc | 15.53 Bn | 14.35 Bn | 490.47 Mn |
| 6 | Duolingo | 13.32 Bn | 8.49 Bn | 216.74 Mn |
| 7 | Trimble | 13.32 Bn | 12.38 Bn | 674.90 Mn |
| 8 | Manhattan Associates | 11.58 Bn | 10.58 Bn | 168.33 Mn |
| 9 | Costar | 11.10 Bn | 5.07 Bn | 728.00 Mn |
| 10 | Sps Commerce | 2.98 Bn | 2.37 Bn | 138.79 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.20 |
| Mar 31, 2026 | 2.14 |
| Dec 31, 2025 | 3.43 |
| Sep 30, 2025 | 4.10 |
| Jun 30, 2025 | 5.43 |
| Mar 31, 2025 | 5.48 |
| Dec 31, 2024 | 8.11 |
| Sep 30, 2024 | 8.80 |
| Jun 30, 2024 | 9.92 |
| Mar 31, 2024 | 10.03 |
| Dec 31, 2023 | 10.69 |
| Sep 30, 2023 | 9.99 |
| Jun 30, 2023 | 11.71 |
| Mar 31, 2023 | 9.83 |
| Dec 31, 2022 | 8.65 |
| Sep 30, 2022 | 8.82 |
| Jun 30, 2022 | 8.20 |
| Mar 31, 2022 | 9.64 |
| Dec 31, 2021 | 10.59 |
| Sep 30, 2021 | 12.33 |
API Access
Sps Commerce Price to Book API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-book&ticker=SPSC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "SPSC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=price-to-book&ticker=SPSC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();