LHCG^M has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
As of today, 's share price is $. 's Tangible Book Value per Share of . 20 for the quarter that ended in . 20 was $0.00. Hence, 's Price to Tangible Book Ratio of today is .
During the past 0 years, 's highest Price to Tangible Book Ratio was . The lowest was . And the median was .
's price-to-tangible-book ratio for today is calculated as:
|Price to Tangible Book||=||Share Price||/||Tangible Book Value per Share (Q: . 20 )|
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
It can also be calculated from the numbers for the whole company:
|Price to Tangible Book||=||Market Cap||/||Tangible Equity|
|=||Market Cap||/||(Total Equity||-||Preferred Stock||-||Intangibles)|
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.