RadNet's book value per share for the quarter that ended in Dec. 2023 was $9.28.
During the past 12 months, RadNet's average Book Value Per Share Growth Rate was 60.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 42.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 27.90% 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 13 years, the highest 3-Year average Book Value Per Share Growth Rate of RadNet was 117.70% per year. The lowest was -53.80% per year. And the median was 13.20% per year.
RadNet's current price is $53.57. Its book value per share for the quarter that ended in Dec. 2023 was $9.28. Hence, today's PB Ratio of RadNet is 5.77.
During the past 13 years, the highest P/B Ratio of RadNet was 739.23. The lowest was 2.75. And the median was 6.61.
RadNet Book Value per Share Historical Data
The historical data trend for RadNet'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 RadNet's Book Value per Share
For the Diagnostics & Research subindustry, RadNet'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.
RadNet's PB Ratio Distribution in the Medical Diagnostics & Research Industry
For the Medical Diagnostics & Research industry and Healthcare sector, RadNet's PB Ratio distribution charts can be found below:
* The bar in red indicates where RadNet's PB Ratio falls into.
RadNet Book Value per Share Calculation
RadNet's Book Value Per Share for the fiscal year that ended in Dec. 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.
RadNet (NAS:RDNT) 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.
RadNet Book Value per Share Related Terms
Thank you for viewing the detailed overview of RadNet's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
RadNet Inc is a national provider of diagnostic imaging services that operates in two business segments; Imaging Center segment provides physicians with imaging capabilities to facilitate the diagnosis and treatment of diseases and disorders. Services include magnetic resonance imaging (MRI), computed tomography (CT), positron emission tomography (PET), nuclear medicine, mammography, ultrasound, diagnostic radiology (X-ray), fluoroscopy and other related procedures, and Artificial Intelligence segment develops and deploys clinical applications to enhance interpretation of medical images and improve patient outcomes with an emphasis on brain, breast, prostate, and pulmonary diagnostics. The company derives a majority of its revenue from the Imaging center segment.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
RDNT has been successfully added to your 