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Rite Aid (STU:RTA1) Price-to-Tangible-Book : (As of Jun. 02, 2024)


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What is Rite Aid Price-to-Tangible-Book?

As of today (2024-06-02), Rite Aid's share price is €0.32. Rite Aid's Tangible Book per Share of Aug. 2023 for the quarter that ended in Aug. 2023 was €-36.53. Hence, Rite Aid's Price to Tangible Book Ratio of today is .

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

STU:RTA1's Price-to-Tangible-Book is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 3.08
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Rite Aid's share price is €0.32. Rite Aid's Book Value per Sharefor the quarter that ended in Aug. 2023 was €-31.80. Hence, Rite Aid's P/B Ratio of today is .


Rite Aid Price-to-Tangible-Book Historical Data

The historical data trend for Rite Aid'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.

Rite Aid Price-to-Tangible-Book Chart

Rite Aid Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Price-to-Tangible-Book
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Rite Aid Quarterly Data
Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23
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Competitive Comparison of Rite Aid's Price-to-Tangible-Book

For the Pharmaceutical Retailers subindustry, Rite Aid'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.


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

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

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



Rite Aid Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Aug. 2023 )
=0.32/-36.525
=

* 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.


Rite Aid Price-to-Tangible-Book Related Terms

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


Rite Aid (STU:RTA1) Business Description

Traded in Other Exchanges
Address
1200 Intrepid Avenue, PO Box 3165, Philadelphia, PA, USA, 17105
Rite Aid Corp is a large retail drugstore chain in the United States. The company reports via two segments: retail pharmacy and pharmacy services. The retail pharmacy segment generates revenue primarily through the sale of prescription drugs, along with an assortment of merchandise that includes over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, food and beverages, greeting cards, seasonal merchandise, and numerous other everyday consumables. The pharmacy-services segment relates to EnvisionRx, a fully owned subsidiary that operates as a pharmacy benefit management provider offering a broad range of pharmaceutical services.

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