Change Healthcare's book value per share for the quarter that ended in Jun. 2022 was $10.07.
During the past 12 months, Change Healthcare's average Book Value Per Share Growth Rate was -4.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 3.00% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.
During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Change Healthcare was 3.00% per year. The lowest was 2.20% per year. And the median was 2.60% per year.
Change Healthcare's current price is $24.32. Its book value per share for the quarter that ended in Jun. 2022 was $10.07. Hence, today's PB Ratio of Change Healthcare is 2.42.
During the past 6 years, the highest P/B Ratio of Change Healthcare was 2.41. The lowest was 0.72. And the median was 2.05.
Change Healthcare Book Value per Share Historical Data
The historical data trend for Change Healthcare's Book Value per Share 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.
Change Healthcare Annual Data
Trend
Mar17
Mar18
Mar19
Mar20
Mar21
Mar22
Book Value per Share
9.94
9.57
10.83
10.60
10.46
Change Healthcare Quarterly Data
Mar18
Jun18
Sep18
Dec18
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Book Value per Share
10.51
10.42
10.42
10.46
10.07
Competitive Comparison
For the Health Information Services subindustry, Change Healthcare's Book Value per Share, along with its competitors' market caps and Book Value per Share 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.
Change Healthcare Book Value per Share Distribution
For the Healthcare Providers & Services industry and Healthcare sector, Change Healthcare's Book Value per Share distribution charts can be found below:
* The bar in red indicates where Change Healthcare's Book Value per Share falls into.
Change Healthcare Book Value per Share Calculation
Change Healthcare's Book Value Per Share for the fiscal year that ended in Mar. 2022 is calculated as:
* 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.
Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.
Change Healthcare (NAS:CHNG) Book Value per Share Explanation
Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.
For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.
Change Healthcare Book Value per Share Related Terms
Thank you for viewing the detailed overview of Change Healthcare's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Change Healthcare is a spin-off of various healthcare processing and consulting services acquired by McKesson over numerous years. Recently, these processing assets were contributed to a joint venture and in June 2019 public shares were issued with McKesson retaining the majority interest. As of the end of the March 2020 quarter, McKesson distributed all its interest in the public processor. Core services consist of insurance (healthcare) claim clearinghouse for healthcare payers in addition to administrative and consulting services to assist healthcare providers improve reimbursement coding, billing, and collections.
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