Evolent Health's book value per share for the quarter that ended in Mar. 2024 was $9.14.
During the past 12 months, Evolent Health's average Book Value Per Share Growth Rate was -9.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 8.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -7.70% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.
During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Evolent Health was 8.50% per year. The lowest was -18.70% per year. And the median was -7.05% per year.
Evolent Health's current price is $23.07. Its book value per share for the quarter that ended in Mar. 2024 was $9.14. Hence, today's PB Ratio of Evolent Health is 2.52.
During the past 11 years, the highest P/B Ratio of Evolent Health was 5.82. The lowest was 0.44. And the median was 1.73.
Good Sign:
Evolent Health Inc stock PB Ratio (=2.55) is close to 3-year low of 2.48
Evolent Health Book Value per Share Historical Data
The historical data trend for Evolent Health's Book Value per Share 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 Evolent Health's Book Value per Share
For the Health Information Services subindustry, Evolent Health's PB Ratio, along with its competitors' market caps and PB Ratio 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.
Evolent Health's PB Ratio Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Evolent Health's PB Ratio distribution charts can be found below:
* The bar in red indicates where Evolent Health's PB Ratio falls into.
Evolent Health Book Value per Share Calculation
Evolent Health's Book Value Per Share for the fiscal year that ended in Dec. 2023 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.
Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.
Evolent Health (NYSE:EVH) Book Value per Share Explanation
Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.
For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.
Evolent Health Book Value per Share Related Terms
Thank you for viewing the detailed overview of Evolent Health's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Evolent Health (Evolent Health) Business Description
Evolent Health Inc is engaged in healthcare delivery and payment. The company supports health systems and physician organizations in their migration toward value-based care and population health management. The company's two reportable segments: EHS and Clinical Solutions. The Company's EHS segment provides an integrated administrative and clinical platform for health plan administration and value-based business infrastructure and clinical Solutions segment addresses a broad spectrum of clinical needs, with tailored solutions for specialty care management in oncology and cardiology and increasingly the musculoskeletal markets and holistic total cost of care improvement. It generates a majority of its revenue from Clinical Solutions segment.
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