The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-04-24), McKesson's share price is $535.42. McKesson's Book Value per Share for the quarter that ended in Dec. 2023 was $-15.62. Hence, McKesson's PB Ratio of today is .
The historical rank and industry rank for McKesson's PB Ratio or its related term are showing as below:
During the past 13 years, McKesson's highest PB Ratio was 6.98. The lowest was 2.27. And the median was 4.06.
MCK's PB Ratio is not ranked *
in the Medical Distribution industry.
Industry Median: 1.455 * Ranked among companies with meaningful PB Ratio only.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of McKesson was 33.20% per year. The lowest was -23.20% per year. And the median was 7.90% per year.
Back to Basics: PB Ratio
McKesson PB Ratio Historical Data
The historical data trend for McKesson's PB Ratio 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.
For the Medical Distribution subindustry, McKesson'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.
McKesson's PB Ratio Distribution in the Medical Distribution Industry
For the Medical Distribution industry and Healthcare sector, McKesson's PB Ratio distribution charts can be found below:
* The bar in red indicates where McKesson's PB Ratio falls into.
McKesson PB Ratio Calculation
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
McKesson's PB Ratio for today is calculated as follows:
* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
McKesson PB Ratio Related Terms
Thank you for viewing the detailed overview of McKesson's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
McKesson Corp is one of three leading pharmaceutical wholesalers in the U.S. engaged in sourcing and distributing branded, generic, and specialty pharmaceutical products to pharmacies (retail chains, independent, and mail order), hospitals networks, and healthcare providers. Along with Cencora and Cardinal Health, the three account for over 90% of the U.S. pharmaceutical wholesale industry. Outside the U.S. market, McKesson engages in pharmaceutical wholesale and distribution in Canada. Additionally, the company supplies medical-surgical products and equipment to healthcare facilities and provides a variety of technology solutions for pharmacies.
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