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Inspire Veterinary Partners (Inspire Veterinary Partners) PB Ratio : 8.69 (As of Jun. 01, 2024)


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What is Inspire Veterinary Partners 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 (2024-06-01), Inspire Veterinary Partners's share price is $2.9969. Inspire Veterinary Partners's Book Value per Share for the quarter that ended in Mar. 2024 was $0.35. Hence, Inspire Veterinary Partners's PB Ratio of today is 8.69.

The historical rank and industry rank for Inspire Veterinary Partners's PB Ratio or its related term are showing as below:

IVP' s PB Ratio Range Over the Past 10 Years
Min: 1.08   Med: 3.03   Max: 14.75
Current: 7.74

During the past 3 years, Inspire Veterinary Partners's highest PB Ratio was 14.75. The lowest was 1.08. And the median was 3.03.

IVP's PB Ratio is ranked worse than
89.69% of 97 companies
in the Personal Services industry
Industry Median: 1.85 vs IVP: 7.74

Back to Basics: PB Ratio


Inspire Veterinary Partners PB Ratio Historical Data

The historical data trend for Inspire Veterinary Partners'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.

* Premium members only.

Inspire Veterinary Partners PB Ratio Chart

Inspire Veterinary Partners Annual Data
Trend Dec21 Dec22 Dec23
PB Ratio
- - -

Inspire Veterinary Partners Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 4.23 - 13.19

Competitive Comparison of Inspire Veterinary Partners's PB Ratio

For the Personal Services subindustry, Inspire Veterinary Partners'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.


Inspire Veterinary Partners's PB Ratio Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Inspire Veterinary Partners's PB Ratio distribution charts can be found below:

* The bar in red indicates where Inspire Veterinary Partners's PB Ratio falls into.



Inspire Veterinary Partners 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.

Inspire Veterinary Partners's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=2.9969/0.345
=8.69

* 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.


Inspire Veterinary Partners  (NAS:IVP) 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.


Inspire Veterinary Partners PB Ratio Related Terms

Thank you for viewing the detailed overview of Inspire Veterinary Partners's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Inspire Veterinary Partners (Inspire Veterinary Partners) Business Description

Traded in Other Exchanges
N/A
Address
780 Lynnhaven Parkway, Suite 400 Virginia Beach, Virginia, Virginia Beach, VA, USA, 23452
Website
Inspire Veterinary Partners Inc owns and operates veterinary hospitals throughout the United States. The company specializes in small animal general practice hospitals which serve all manner of companion pets, emphasizing canine and feline breeds.
Executives
Alexander Lawrence director 780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH VA 23452
Charles Stith Keiser director, officer: Chief Operating Officer 780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH VA 23452
Erinn Thomas-mackey director 780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH VA 23452
Kimball Carr director, officer: See Remarks 780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH, VA 23452
Peter Lau director P.O. BOX 1237, SPRINGDALE AR 72765
Anne Murphy director 780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH VA 23452
Wilderness Trace Veterinary Partners, Llc other: See Remarks 780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH VA 23452
Timothy Watters director 780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH VA 23452
Suprock Louis John director 780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH VA 23452
Richard Frank officer: Chief Financial Officer 780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH, FL 23452

Inspire Veterinary Partners (Inspire Veterinary Partners) Headlines