InvoCare (ASX:IVC) Price-to-Tangible-Book : 4.54 (As of Apr. 30, 2024)

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What is InvoCare Price-to-Tangible-Book?

As of today (2024-04-30), InvoCare's share price is A$12.67. InvoCare's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was A$2.79. Hence, InvoCare's Price to Tangible Book Ratio of today is 4.54.

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

ASX:IVC' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4.12 Med: 17.03 Max: 254.44
Current: 4.54

During the past 13 years, InvoCare's highest Price to Tangible Book Ratio was 254.44. The lowest was 4.12. And the median was 17.03.

ASX:IVC's Price-to-Tangible-Book is not ranked
in the Personal Services industry.
Industry Median: 2.44 vs ASX:IVC: 4.54

A closely related ratio is called PB Ratio. As of today, InvoCare's share price is A$12.67. InvoCare's Book Value per Sharefor the quarter that ended in Jun. 2023 was A$4.42. Hence, InvoCare's P/B Ratio of today is 2.87.

InvoCare Price-to-Tangible-Book Historical Data

The historical data trend for InvoCare'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.

InvoCare Price-to-Tangible-Book Chart

InvoCare Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Price-to-Tangible-Book

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14.32

5.70

4.77

5.08

InvoCare Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Price-to-Tangible-Book	Get a 7-Day Free Trial															5.18	4.77	4.74	5.08	4.51

Competitive Comparison of InvoCare's Price-to-Tangible-Book

For the Personal Services subindustry, InvoCare'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.

InvoCare's Price-to-Tangible-Book Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, InvoCare's Price-to-Tangible-Book distribution charts can be found below:

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

InvoCare Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2023 )
	=	12.67	/	2.79
	=	4.54

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

InvoCare Price-to-Tangible-Book Related Terms

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

InvoCare (ASX:IVC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » InvoCare Ltd (ASX:IVC) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

40 Mount Street, Level 5, North Sydney, NSW, AUS, 2060

Website

https://www.invocare.com.au

InvoCare is the largest funeral, cemetery, and crematorium operator in Australia and New Zealand. We estimate InvoCare enjoys over a third of revenue share in Australia, and around a fifth in New Zealand, and is the number one player in both countries. Australia contributes the vast majority of consolidated earnings. InvoCare owns a portfolio of over 60 brands, including three flagship national Australian brands: White Lady, Simplicity Funerals, and Value Cremations, and owns and operates 290 funeral homes, along with 16 cemeteries and crematoria.

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