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HealthEquity (FRA:2HE) Price-to-Tangible-Book : (As of Jun. 09, 2024)


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What is HealthEquity Price-to-Tangible-Book?

As of today (2024-06-09), HealthEquity's share price is €78.50. HealthEquity's Tangible Book per Share of Apr. 2024 for the quarter that ended in Apr. 2024 was €-6.66. Hence, HealthEquity's Price to Tangible Book Ratio of today is .

The historical rank and industry rank for HealthEquity's Price-to-Tangible-Book or its related term are showing as below:

During the past 12 years, HealthEquity's highest Price to Tangible Book Ratio was 15.42. The lowest was 6.27. And the median was 11.72.

FRA:2HE's Price-to-Tangible-Book is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 3.115
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, HealthEquity's share price is €78.50. HealthEquity's Book Value per Sharefor the quarter that ended in Apr. 2024 was €22.47. Hence, HealthEquity's P/B Ratio of today is 3.49.


HealthEquity Price-to-Tangible-Book Historical Data

The historical data trend for HealthEquity'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.

* Premium members only.

HealthEquity Price-to-Tangible-Book Chart

HealthEquity Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Price-to-Tangible-Book
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HealthEquity Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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Competitive Comparison of HealthEquity's Price-to-Tangible-Book

For the Health Information Services subindustry, HealthEquity'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.


HealthEquity's Price-to-Tangible-Book Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, HealthEquity's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where HealthEquity's Price-to-Tangible-Book falls into.



HealthEquity Price-to-Tangible-Book Calculation

HealthEquity's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Apr. 2024 )
=78.50/-6.66
=

* 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.


HealthEquity Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of HealthEquity's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


HealthEquity (FRA:2HE) Business Description

Traded in Other Exchanges
Address
15 West Scenic Pointe Drive, Suite 100, Draper, UT, USA, 84020
HealthEquity Inc provides solutions that allow consumers to make healthcare saving and spending decisions. Its technology allows customers to see their tax-advantaged healthcare savings, compare treatment options and pricing, pay healthcare bills, receive benefit information, and earn wellness incentives. The firm primarily partners with health plans and employers and serves as the custodian of its customers' health savings accounts (HSAs). HealthEquity also engages in reimbursement arrangements and offers healthcare incentives to its members. In addition, the company provides investment advisory services to customers whose account balances exceed a certain threshold. HealthEquity generates its revenue in the United States.

HealthEquity (FRA:2HE) Headlines

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