The historical rank and industry rank for InnovAge Holding's Price-to-Tangible-Book or its related term are showing as below:
INNV'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.93 Med: 5.15 Max: 17.73
Current: 4
During the past 5 years, InnovAge Holding's highest Price to Tangible Book Ratio was 17.73. The lowest was 2.93. And the median was 5.15.
INNV's Price-to-Tangible-Book is ranked worse than 56.34% of 481
companies
in the Healthcare Providers & Services industry
Industry Median: 3.3
vs INNV: 4.00
InnovAge Holding Price-to-Tangible-Book Historical Data
The historical data trend for InnovAge Holding'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.
Competitive Comparison of InnovAge Holding's Price-to-Tangible-Book
For the Medical Care Facilities subindustry, InnovAge Holding'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.
InnovAge Holding's Price-to-Tangible-Book Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, InnovAge Holding's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where InnovAge Holding's Price-to-Tangible-Book falls into.
* 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.
InnovAge Holding Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of InnovAge Holding's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
InnovAge Holding (InnovAge Holding) Business Description
InnovAge Holding Corp is a healthcare delivery platform by several participants focused on providing all-inclusive, capitated care to high-cost, dual-eligible seniors. Its patient-centered care delivery approach improves the quality of care while keeping them in their homes and reducing over-utilization of high-cost care settings such as hospitals and nursing homes. The company's segment includes PACE and others. It generates maximum revenue from the PACE segment.
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