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Life Time Group Holdings (Life Time Group Holdings) Price-to-Tangible-Book : 3.14 (As of May. 03, 2024)


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What is Life Time Group Holdings Price-to-Tangible-Book?

As of today (2024-05-03), Life Time Group Holdings's share price is $14.14. Life Time Group Holdings's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $4.50. Hence, Life Time Group Holdings's Price to Tangible Book Ratio of today is 3.14.

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

LTH' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.71   Med: 3.71   Max: 4.87
Current: 3.14

During the past 6 years, Life Time Group Holdings's highest Price to Tangible Book Ratio was 4.87. The lowest was 2.71. And the median was 3.71.

LTH's Price-to-Tangible-Book is ranked worse than
66.32% of 668 companies
in the Travel & Leisure industry
Industry Median: 1.905 vs LTH: 3.14

A closely related ratio is called PB Ratio. As of today, Life Time Group Holdings's share price is $14.14. Life Time Group Holdings's Book Value per Sharefor the quarter that ended in Mar. 2024 was $11.58. Hence, Life Time Group Holdings's P/B Ratio of today is 1.22.


Life Time Group Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Life Time Group Holdings'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.

Life Time Group Holdings Price-to-Tangible-Book Chart

Life Time Group Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial - - 4.86 3.24 3.50

Life Time Group Holdings Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Tangible-Book 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 4.13 4.87 3.69 3.50 3.45

Competitive Comparison of Life Time Group Holdings's Price-to-Tangible-Book

For the Leisure subindustry, Life Time Group Holdings'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.


Life Time Group Holdings's Price-to-Tangible-Book Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Life Time Group Holdings's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Life Time Group Holdings's Price-to-Tangible-Book falls into.



Life Time Group Holdings Price-to-Tangible-Book Calculation

Life Time Group Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=14.14/4.503
=3.14

* 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.


Life Time Group Holdings Price-to-Tangible-Book Related Terms

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


Life Time Group Holdings (Life Time Group Holdings) Business Description

Traded in Other Exchanges
N/A
Address
2902 Corporate Place, Chanhassen, MN, USA, 55317
Life Time Group Holdings Inc is engaged in designing, building, and operating distinctive and large, multi-use sports and athletic, professional fitness, family recreation and spa centres in a resort-like environment, principally in residential locations of metropolitan areas in the United States and Canada.
Executives
Bahram Akradi director, 10 percent owner, officer: Founder & CEO 2902 CORPORATE PLACE, CHANHASSEN MN 55317
Erik Weaver officer: SVP & Controller C/O ORTHO-CLINICAL DIAGNOSTICS, INC., 1001 ROUTE 202, RARITAN NJ 08869
Robert P. Houghton officer: EVP & CHIEF FINANCIAL OFFICER 2902 CORPORATE PLACE, CHANHASSEN MN 55317
Teacher Retirement System Of Texas other: Member of a group that is 10% 1000 RED RIVER STREET, AUSTIN TX 78701
Donna Coallier director 2902 CORPORATE PLACE, CHANHASSEN MN 55317
Jon Winkelried 10 percent owner C/O GOLDMAN, SACHS & CO., 85 BROAD STREET, NEW YORK NY 10004
Tpg Gp A, Llc 10 percent owner 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Jimena Almendares director C/O LIFE TIME GROUP HOLDINGS, INC., 2902 CORPORATE PLACE, CHANHASSEN MN 55317
Lnk Life Time Fund, L.p. director, 10 percent owner 81 MAIN STREET, WHITE PLAINS NY 10601
Partners Group Private Equity (master Fund), Llc 10 percent owner 1114 AVENUE OF THE AMERICAS, 37TH FLOOR, NEW YORK NY 10036
Green Ltf Holdings Ii Lp director, 10 percent owner 11111 SANTA MONICA BLVD., SUITE 2000, LOS ANGELES CA 90025
Simon Property Group Inc /de/ 10 percent owner 225 WEST WASHINGTON STREET, INDIANAPOLIS IN 46204-3438
John Kristofer Galashan director, 10 percent owner LEONARD, GREEN & PARTNERS, 11111 SANTA MONICA BLVD., SUITE 2000, LOS ANGELES CA 90025
Jss Ltf Holdings Ltd 10 percent owner MARCY BUILDING, PURCELL ESTATE, P.O. BOX 2416, ROAD TOWN, TORTOLA D8 VG1110
Lifeco Llc 10 percent owner 499 PARK AVENUE, 24TH FLOOR, NEW YORK NY 10022