Oceania Healthcare (NZSE:OCA) PB Ratio : 0.41 (As of May. 16, 2024)

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What is Oceania Healthcare 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 (2024-05-16), Oceania Healthcare's share price is NZ$0.57. Oceania Healthcare's Book Value per Share for the quarter that ended in Sep. 2023 was NZ$1.41. Hence, Oceania Healthcare's PB Ratio of today is 0.41.

The historical rank and industry rank for Oceania Healthcare's PB Ratio or its related term are showing as below:

NZSE:OCA' s PB Ratio Range Over the Past 10 Years
Min: 0.39 Med: 1.16 Max: 1.66
Current: 0.41

During the past 6 years, Oceania Healthcare's highest PB Ratio was 1.66. The lowest was 0.39. And the median was 1.16.

NZSE:OCA's PB Ratio is ranked better than
95.8% of 595 companies
in the Healthcare Providers & Services industry
Industry Median: 2.21 vs NZSE:OCA: 0.41

During the past 12 months, Oceania Healthcare's average Book Value Per Share Growth Rate was 4.20% per year.

Back to Basics: PB Ratio

Oceania Healthcare PB Ratio Historical Data

The historical data trend for Oceania Healthcare'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.

Oceania Healthcare PB Ratio Chart

Oceania Healthcare Annual Data

Trend

May17

May18

May19

May20

Mar22

Mar23

PB Ratio

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Oceania Healthcare Semi-Annual Data
	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	Sep21	Mar22	Sep22	Mar23	Sep23
PB Ratio	Get a 7-Day Free Trial								1.15	-	0.68	-	0.51

Competitive Comparison of Oceania Healthcare's PB Ratio

For the Medical Care Facilities subindustry, Oceania Healthcare'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.

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

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

* The bar in red indicates where Oceania Healthcare's PB Ratio falls into.

Oceania Healthcare 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.

Oceania Healthcare's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2023)
	=	0.57	/	1.405
	=	0.41

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Oceania Healthcare (NZSE:OCA) 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.

Oceania Healthcare PB Ratio Related Terms

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Oceania Healthcare (NZSE:OCA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Oceania Healthcare Ltd (NZSE:OCA) » Definitions » PB Ratio

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Traded in Other Exchanges

OCA:Australia

Address

80 Queen Street, Level 11, Deloitte Building, Auckland, NTL, NZL, 1010

Website

https://www.oceaniahealthcare.co.nz

Oceania Healthcare Ltd owns and operates rest homes and retirement villages. The business activities of the group are operated through care operations, village operations, and Other segments. It generates maximum revenue from the care operations segment which includes traditional care beds and care suites as well as provision of accommodation, care and care packages, meals, and related services to aged care residents. Geographically it operates through New Zealand. The company derives revenue from Rest home, hospital, dementia fees, Village service fees, Rental income, and others.