The historical rank and industry rank for WellCare Health Plans's Price-to-Tangible-Book or its related term are showing as below:
WCG's Price-to-Tangible-Book is not ranked *
in the Healthcare Plans industry.
Industry Median: 6.55 * Ranked among companies with meaningful Price-to-Tangible-Book only.
WellCare Health Plans Price-to-Tangible-Book Historical Data
The historical data trend for WellCare Health Plans'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.
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WellCare Health Plans Price-to-Tangible-Book Chart
Competitive Comparison of WellCare Health Plans's Price-to-Tangible-Book
For the Healthcare Plans subindustry, WellCare Health Plans'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.
WellCare Health Plans's Price-to-Tangible-Book Distribution in the Healthcare Plans Industry
For the Healthcare Plans industry and Healthcare sector, WellCare Health Plans's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where WellCare Health Plans's Price-to-Tangible-Book falls into.
WellCare Health Plans Price-to-Tangible-Book Calculation
* 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.
WellCare Health Plans Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of WellCare Health Plans's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
WellCare Health Plans (WellCare Health Plans) Business Description
WellCare Health Plans Inc is a managed care organization focused on government-sponsored managed care services, including Medicare and Medicaid. WellCare's membership is concentrated in Florida, Georgia, Kentucky, New York, and Illinois. Its key segments are Medicaid health plans, Medicare health plans, and Medicare prescription drug plans. Medicaid health plans represent the largest proportion of both total membership and premium revenue. The Medicaid segment generates revenue from the premiums received from the states in which health plans are offered, based on a fixed per-member per-month amount. WellCare also provides Medicare Part C and Part D benefits through its Medicare Advantage plans.
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