P3 Health PartnersPIII -9.28%47 Current Ratio is 0.33 as of Mar. 2026, which is 40% below its 10-year median of 0.55. GuruFocus rates PIII with a GF Score™ of 47/100 and a GF Value™ of $9.22 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 678 Healthcare Providers & Services companies, P3 Health Partners ranks worse than 93.66% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. P3 Health Partners's current ratio for the quarter that ended in Mar. 2026 was 0.33.
P3 Health Partners has a current ratio of 0.33. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If P3 Health Partners has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.
The historical rank and industry rank for P3 Health Partners's Current Ratio or its related term are showing as below:
PIII'
s Current Ratio Range Over the Past 10 Years
Min: 0.24 Med: 0.55 Max: 1.01
Current: 0.33
During the past 8 years, P3 Health Partners's highest Current Ratio was 1.01. The lowest was 0.24. And the median was 0.55.
PIII's Current Ratio is ranked worse than 93.66% of 678
companies
in the Healthcare Providers & Services industry
Industry Median: 1.48
vs PIII: 0.33
P3 Health Partners (NAS:PIII) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
P3 Health Partners Current Ratio Related Terms
P3 Health Partners Current Ratio Historical Data
* Premium members only.
The historical data trend for P3 Health Partners's Current 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.
PIII vs EHSI, CDIX, DCGO: Current Ratio Comparison
For the Medical Care Facilities subindustry, P3 Health Partners's Current Ratio, along with its competitors' market caps and Current 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.
P3 Health Partners Current Ratio vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, P3 Health Partners's Current Ratio distribution charts can be found below:
* The bar in red indicates where P3 Health Partners's Current Ratio falls into.
* 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.
P3 Health Partners (PIII) has a Current Ratio of 0.33 as of Mar. 2026. This is 40% below median its historical median of 0.55. Over the past decade, P3 Health Partners' Current Ratio has ranged from 0.24 to 1.01. According to the industry distribution chart, P3 Health Partners ranks #635 out of 678 companies in the Healthcare Providers & Services industry, placing it in the top 93.7%.
Is P3 Health Partners' Current Ratio too high?
P3 Health Partners' current Current Ratio of 0.33 is 40% below median its 10-year median of 0.55. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 1.01. The Healthcare Providers & Services industry median Current Ratio is 1.48. P3 Health Partners' value of 0.33 is 77.7% below this industry median. Based on the distribution chart, P3 Health Partners ranks #635 out of 678 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers. Overall, P3 Health Partners has a GF Score™ of 47/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does P3 Health Partners' Current Ratio compare to EHSI and CDIX?
According to the Healthcare Providers & Services industry distribution chart, P3 Health Partners ranks #635 out of 678 companies for Current Ratio. This places P3 Health Partners in the lower half of its industry. The industry median Current Ratio is 1.48. P3 Health Partners' value of 0.33 is 77.7% below this benchmark. Historically, P3 Health Partners' own Current Ratio has ranged from 0.24 to 1.01 over the past decade. While the company's 10-year median is 0.55 vs. the industry median of 1.48, P3 Health Partners has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Healthcare Providers & Services company?
The median Current Ratio among Healthcare Providers & Services companies is 1.48, based on 678 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. P3 Health Partners's current Current Ratio of 0.33 is 77.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Healthcare Providers & Services industry, the median Current Ratio is 1.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. P3 Health Partners's current Current Ratio is 0.33, which is 40% below median its own 10-year median of 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is P3 Health Partners stock overvalued right now?
Based on GuruFocus' analysis, P3 Health Partners (PIII) is currently considered Modestly Overvalued. The stock's GF Value™ is $9.22, compared to a current price of $10.32 — trading 11.9% above its estimated fair value. The current Current Ratio is 0.33, which is 40% below median its 10-year median of 0.55 and 77.7% below the Healthcare Providers & Services industry median of 1.48. P3 Health Partners' overall GF Score™ is 47/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For P3 Health Partners (PIII), the current Current Ratio is 0.33 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is P3 Health Partners (PIII) Overvalued in 2026?
Based on GuruFocus' analysis, P3 Health Partners stock appears to be overvalued.
The current stock price of $10.32 is trading 11.9% above its estimated GF Value™ of $9.22.
GuruFocus considers P3 Health Partners to be Modestly Overvalued.
Key valuation signals for PIII:
Current Ratio: 0.33 (40% below median its 10-year median of 0.55)
GF Value™: $9.22 vs. price of $10.32 (11.9% above fair value)
Industry Position: 77.7% below the Healthcare Providers & Services median (#635 of 678)
No single metric tells the full story. See the PIII stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
P3 Health Partners Inc is a patient-centered and physician-led population health management company. P3's model aggregates and supports the community's existing healthcare resources to build a network of community providers working together to deliver coordinated and integrated care to patients with a shared commitment to improving patient outcomes, lowering cost, and delivering experience for all. It includes utilization management, care management, disease education, and maintenance of a quality improvement and quality management program for members assigned to the Company. The Company is also responsible for the credentialing of its providers, processing and payment of claims, and the establishment of a provider network for certain health plans.
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