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 (2024-04-26), Rite Aid's share price is $0.0726. Rite Aid's Book Value per Share for the quarter that ended in Aug. 2023 was $-34.68. Hence, Rite Aid's PB Ratio of today is .
The historical rank and industry rank for Rite Aid's PB Ratio or its related term are showing as below:
During the past 13 years, Rite Aid's highest PB Ratio was 151.13. The lowest was 0.28. And the median was 1.69.
RADCQ's PB Ratio is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 2.21 * 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 Rite Aid was 196.20% per year. The lowest was -63.90% per year. And the median was 11.05% per year.
Back to Basics: PB Ratio
Rite Aid PB Ratio Historical Data
The historical data trend for Rite Aid'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 Pharmaceutical Retailers subindustry, Rite Aid'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.
Rite Aid's PB Ratio Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Rite Aid's PB Ratio distribution charts can be found below:
* The bar in red indicates where Rite Aid's PB Ratio falls into.
Rite Aid 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.
Rite Aid'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.
Rite Aid PB Ratio Related Terms
Thank you for viewing the detailed overview of Rite Aid's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Rite Aid Corp is a large retail drugstore chain in the United States. The company reports via two segments: retail pharmacy and pharmacy services. The retail pharmacy segment generates revenue primarily through the sale of prescription drugs, along with an assortment of merchandise that includes over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, food and beverages, greeting cards, seasonal merchandise, and numerous other everyday consumables. The pharmacy-services segment relates to EnvisionRx, a fully owned subsidiary that operates as a pharmacy benefit management provider offering a broad range of pharmaceutical services.
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