DRI Healthcare Trust (TSX:DHT.UN) Price-to-Tangible-Book : (As of Apr. 26, 2024)

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What is DRI Healthcare Trust Price-to-Tangible-Book?

As of today (2024-04-26), DRI Healthcare Trust's share price is C$16.54. DRI Healthcare Trust's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$-3.44. Hence, DRI Healthcare Trust's Price to Tangible Book Ratio of today is .

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

During the past 3 years, DRI Healthcare Trust's highest Price to Tangible Book Ratio was 2.38. The lowest was 2.38. And the median was 2.38.

TSX:DHT.UN's Price-to-Tangible-Book is not ranked ^*
in the Drug Manufacturers industry.
Industry Median: 2.36
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, DRI Healthcare Trust's share price is C$16.54. DRI Healthcare Trust's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$13.37. Hence, DRI Healthcare Trust's P/B Ratio of today is 1.24.

DRI Healthcare Trust Price-to-Tangible-Book Historical Data

The historical data trend for DRI Healthcare Trust'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.

DRI Healthcare Trust Price-to-Tangible-Book Chart

DRI Healthcare Trust Annual Data

Trend

Dec21

Dec22

Dec23

Price-to-Tangible-Book

2.42

DRI Healthcare Trust Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial							-	-	-	-	-

Competitive Comparison of DRI Healthcare Trust's Price-to-Tangible-Book

For the Drug Manufacturers - Specialty & Generic subindustry, DRI Healthcare Trust'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.

DRI Healthcare Trust's Price-to-Tangible-Book Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, DRI Healthcare Trust's Price-to-Tangible-Book distribution charts can be found below:

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

DRI Healthcare Trust Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	16.54	/	-3.442
	=

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.

DRI Healthcare Trust Price-to-Tangible-Book Related Terms

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

DRI Healthcare Trust (TSX:DHT.UN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » DRI Healthcare Trust (TSX:DHT.UN) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

DHTRF:USA DHT.U:Canada

Address

100 King Street West, 1 First Canadian Place, Suite 7250, Toronto, ON, CAN, M5X 1B1

Website

https://www.dricapital.com

DRI Healthcare Trust is a pioneer in global pharmaceutical royalty monetization with a more than 30-year history of accelerating innovation by providing capital to inventors, academic institutions, and biopharma companies. In return for providing capital to biopharmaceutical innovators, the company is building a diversified portfolio of interests in medicines that have a demonstrable positive impact on the world.

DRI Healthcare Trust (TSX:DHT.UN) Headlines

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