Sigma Healthcare (Sigma Healthcare) Price-to-Tangible-Book : 1.29 (As of Apr. 29, 2024)

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What is Sigma Healthcare Price-to-Tangible-Book?

As of today (2024-04-29), Sigma Healthcare's share price is $0.40. Sigma Healthcare's Tangible Book per Share of Jan. 2024 for the quarter that ended in Jan. 2024 was $0.31. Hence, Sigma Healthcare's Price to Tangible Book Ratio of today is 1.29.

The historical rank and industry rank for Sigma Healthcare's Price-to-Tangible-Book or its related term are showing as below:

SIGGF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.33 Med: 1.88 Max: 2.98
Current: 2.67

During the past 13 years, Sigma Healthcare's highest Price to Tangible Book Ratio was 2.98. The lowest was 1.33. And the median was 1.88.

SIGGF's Price-to-Tangible-Book is ranked worse than
71.95% of 82 companies
in the Medical Distribution industry
Industry Median: 1.57 vs SIGGF: 2.67

A closely related ratio is called PB Ratio. As of today, Sigma Healthcare's share price is $0.40. Sigma Healthcare's Book Value per Sharefor the quarter that ended in Jan. 2024 was $0.35. Hence, Sigma Healthcare's P/B Ratio of today is 1.13.

Sigma Healthcare Price-to-Tangible-Book Historical Data

The historical data trend for Sigma Healthcare'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.

* Premium members only.

Sigma Healthcare Price-to-Tangible-Book Chart

Sigma Healthcare Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Price-to-Tangible-Book

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2.69

2.16

2.44

2.52

1.29

Sigma Healthcare Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Price-to-Tangible-Book	Get a 7-Day Free Trial															2.44	2.41	2.52	2.28	1.29

Competitive Comparison of Sigma Healthcare's Price-to-Tangible-Book

For the Medical Distribution subindustry, Sigma Healthcare'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.

Sigma Healthcare's Price-to-Tangible-Book Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Sigma Healthcare's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Sigma Healthcare's Price-to-Tangible-Book falls into.

Sigma Healthcare Price-to-Tangible-Book Calculation

Sigma Healthcare's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jan. 2024 )
	=	0.40	/	0.31
	=	1.29

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Sigma Healthcare Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Sigma Healthcare's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Sigma Healthcare (Sigma Healthcare) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Sigma Healthcare Ltd (OTCPK:SIGGF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

S5YA:Germany SIG:Australia

Address

2125 Dandenong Road, Level 6, Clayton, Melbourne, VIC, AUS, 3168

Website

https://www.sigmahealthcare.com.au

Sigma Healthcare is an Australian pharmaceutical distributor, wholesaler and pharmacy franchisor. The revenue growth prospects and returns of pharmaceutical distribution are subdued due to ongoing Pharmaceutical Benefits Scheme, or PBS, price reform, and regulated wholesale gross margins being capped at 7% for community pharmacy. As a result, Sigma and its competitors are seeking to expand into unregulated revenue streams. In addition, pharmacy ownership is restricted to pharmacists, thereby excluding direct corporate ownership and requiring exposure via a franchise business model.