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BrightSpring Health Services (BrightSpring Health Services) PB Ratio : 1.23 (As of May. 13, 2024)


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What is BrightSpring Health Services 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 (2024-05-13), BrightSpring Health Services's share price is $11.24. BrightSpring Health Services's Book Value per Share for the quarter that ended in Mar. 2024 was $9.16. Hence, BrightSpring Health Services's PB Ratio of today is 1.23.

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

BTSG' s PB Ratio Range Over the Past 10 Years
Min: 1.1   Med: 2.64   Max: 3.31
Current: 1.23

During the past 6 years, BrightSpring Health Services's highest PB Ratio was 3.31. The lowest was 1.10. And the median was 2.64.

BTSG's PB Ratio is ranked better than
73.12% of 599 companies
in the Healthcare Providers & Services industry
Industry Median: 2.22 vs BTSG: 1.23

During the past 3 years, the average Book Value Per Share Growth Rate was -6.00% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of BrightSpring Health Services was 4.70% per year. The lowest was -6.00% per year. And the median was -0.65% per year.

Back to Basics: PB Ratio


BrightSpring Health Services PB Ratio Historical Data

The historical data trend for BrightSpring Health Services'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.

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BrightSpring Health Services PB Ratio Chart

BrightSpring Health Services Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial - - - - -

BrightSpring Health Services Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - 1.19

Competitive Comparison of BrightSpring Health Services's PB Ratio

For the Health Information Services subindustry, BrightSpring Health Services'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.


BrightSpring Health Services's PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, BrightSpring Health Services's PB Ratio distribution charts can be found below:

* The bar in red indicates where BrightSpring Health Services's PB Ratio falls into.



BrightSpring Health Services 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.

BrightSpring Health Services's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=11.24/9.156
=1.23

* 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.


BrightSpring Health Services  (NAS:BTSG) 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.


BrightSpring Health Services PB Ratio Related Terms

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BrightSpring Health Services (BrightSpring Health Services) Business Description

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BrightSpring Health Services Inc is a platform of complementary health services delivering provider and pharmacy solutions for complex populations in home and community settings. Its platform delivers clinical services and pharmacy solutions across Medicare, Medicaid, and commercially insured populations.

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