As of today (2024-04-23), Healthcare Services Group's share price is $11.95. Healthcare Services Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $5.03. Hence, Healthcare Services Group's Price to Tangible Book Ratio of today is 2.38.
The historical rank and industry rank for Healthcare Services Group's Price-to-Tangible-Book or its related term are showing as below:
HCSG'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.06 Med: 6.63 Max: 12.18
Current: 2.38
During the past 13 years, Healthcare Services Group's highest Price to Tangible Book Ratio was 12.18. The lowest was 2.06. And the median was 6.63.
HCSG's Price-to-Tangible-Book is ranked better than 61.38% of 479
companies
in the Healthcare Providers & Services industry
Industry Median: 3.28
vs HCSG: 2.38
A closely related ratio is called PB Ratio. As of today, Healthcare Services Group's share price is $11.95. Healthcare Services Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was $6.23. Hence, Healthcare Services Group's P/B Ratio of today is 1.92.
Healthcare Services Group Price-to-Tangible-Book Historical Data
The historical data trend for Healthcare Services Group's Price-to-Tangible-Book 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.
For the Medical Care Facilities subindustry, Healthcare Services Group's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.
Healthcare Services Group Price-to-Tangible-Book Distribution
For the Healthcare Providers & Services industry and Healthcare sector, Healthcare Services Group's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Healthcare Services Group's Price-to-Tangible-Book falls into.
Healthcare Services Group Price-to-Tangible-Book Calculation
Healthcare Services Group's price-to-tangible-book ratio for today 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
Healthcare Services Group Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Healthcare Services Group's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Healthcare Services Group (Healthcare Services Group) Business Description
Healthcare Services Group Inc is a provider of housekeeping and facility management services to the healthcare industry. The company operates two business segments, both contributing roughly equally to the company's revenue: Housekeeping, laundry, linen, and other services; and Dietary department services. Housekeeping includes management of clients' housekeeping departments, cleaning, disinfecting and sanitizing, laundry, bed linen, and uniform services. Dietary consists of food purchasing, meal preparation, and providing dietitian consulting services. Its clients are nursing homes, retirement complexes, rehabilitation centers, and hospitals in the United States of America.
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