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Comprehensive Healthcare Systems (TSXV:CHS) PB Ratio : (As of Jun. 05, 2024)


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What is Comprehensive Healthcare Systems 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 (2024-06-05), Comprehensive Healthcare Systems's share price is C$0.005. Comprehensive Healthcare Systems's Book Value per Share for the quarter that ended in Sep. 2023 was C$-0.06. Hence, Comprehensive Healthcare Systems's PB Ratio of today is .

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

During the past 4 years, Comprehensive Healthcare Systems's highest PB Ratio was 25.45. The lowest was 12.73. And the median was 15.00.

TSXV:CHS's PB Ratio is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 2.2
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Comprehensive Healthcare Systems PB Ratio Historical Data

The historical data trend for Comprehensive Healthcare Systems'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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Comprehensive Healthcare Systems PB Ratio Chart

Comprehensive Healthcare Systems Annual Data
Trend Jan19 Jan20 Jan21 Dec22
PB Ratio
- 0.88 1.41 -

Comprehensive Healthcare Systems Quarterly Data
Oct18 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Comprehensive Healthcare Systems's PB Ratio

For the Health Information Services subindustry, Comprehensive Healthcare Systems'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.


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

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

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



Comprehensive Healthcare Systems 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2023)
=0.005/-0.062
=

* 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.


Comprehensive Healthcare Systems  (TSXV:CHS) 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.


Comprehensive Healthcare Systems PB Ratio Related Terms

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


Comprehensive Healthcare Systems (TSXV:CHS) Business Description

Traded in Other Exchanges
Address
2025 Lincoln Highway, Suite 340, State Route 27, Edison, NJ, USA, 08817
Website
Comprehensive Healthcare Systems Inc is the provider of healthcare administrative software, licensing and maintenance services.