InnovAge Holding's book value per share for the quarter that ended in Mar. 2024 was $2.07.
During the past 12 months, InnovAge Holding's average Book Value Per Share Growth Rate was -8.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 43.10% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.
During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of InnovAge Holding was 71.30% per year. The lowest was 43.10% per year. And the median was 57.20% per year.
InnovAge Holding's current price is $4.555. Its book value per share for the quarter that ended in Mar. 2024 was $2.07. Hence, today's PB Ratio of InnovAge Holding is 2.20.
During the past 5 years, the highest P/B Ratio of InnovAge Holding was 10.59. The lowest was 1.50. And the median was 2.70.
InnovAge Holding Book Value per Share Historical Data
The historical data trend for InnovAge Holding's Book Value per Share 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.
Competitive Comparison of InnovAge Holding's Book Value per Share
For the Medical Care Facilities subindustry, InnovAge Holding'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.
InnovAge Holding's PB Ratio Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, InnovAge Holding's PB Ratio distribution charts can be found below:
* The bar in red indicates where InnovAge Holding's PB Ratio falls into.
InnovAge Holding Book Value per Share Calculation
InnovAge Holding's Book Value Per Share for the fiscal year that ended in Jun. 2023 is calculated as:
* 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.
Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.
InnovAge Holding (NAS:INNV) Book Value per Share Explanation
Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.
For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.
InnovAge Holding Book Value per Share Related Terms
Thank you for viewing the detailed overview of InnovAge Holding's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
InnovAge Holding (InnovAge Holding) Business Description
InnovAge Holding Corp is a healthcare delivery platform by several participants focused on providing all-inclusive, capitated care to high-cost, dual-eligible seniors. Its patient-centered care delivery approach improves the quality of care while keeping them in their homes and reducing over-utilization of high-cost care settings such as hospitals and nursing homes. The company's segment includes PACE and others. It generates maximum revenue from the PACE segment.
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