As of today (2024-05-25), Syra Health's share price is $1.40. Syra Health's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $0.52. Hence, Syra Health's Price to Tangible Book Ratio of today is 2.68.
The historical rank and industry rank for Syra Health's Price-to-Tangible-Book or its related term are showing as below:
SYRA'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.63 Med: 2.14 Max: 2.69
Current: 2.69
During the past 4 years, Syra Health's highest Price to Tangible Book Ratio was 2.69. The lowest was 1.63. And the median was 2.14.
SYRA's Price-to-Tangible-Book is ranked better than 56.28% of 478
companies
in the Healthcare Providers & Services industry
Industry Median: 3.135
vs SYRA: 2.69
Syra Health Price-to-Tangible-Book Historical Data
The historical data trend for Syra Health'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 Syra Health's Price-to-Tangible-Book
For the Medical Care Facilities subindustry, Syra Health'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.
Syra Health's Price-to-Tangible-Book Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Syra Health's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Syra Health's Price-to-Tangible-Book falls into.
Syra Health Price-to-Tangible-Book Calculation
Syra Health's price-to-tangible-book ratio for today is calculated as:
* 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.
Syra Health Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Syra Health's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Syra Health Corp is a healthcare services company promoting preventative health, holistic wellness, health education, and equitable healthcare for all patient demographics. The company leverages deep scientific and healthcare expertise to create strategic frameworks and develop patient-centric solutions for the betterment of patient lives and health outcome linked to developing a healthier population. It strives to offer comprehensive end-to-end solutions in health education services, population health management, behavioral and mental health, healthcare workforce and digital health. The Company has two main forms of revenue - healthcare staffing revenue and medical communication revenue. The majority of revenue is derived from healthcare staffing.
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