Careteq (ASX:CTQ) PB Ratio: 2.40 (As of Jul. 04, 2026) — 49% Above Median


What is Careteq PB Ratio?

Careteq ASX:CTQ PB Ratio is 2.40 as of Jul. 04, 2026, which is 49% above its 10-year median of 1.61. The stock has 8 warning signs investors should review. Among 609 Healthcare Providers & Services companies, Careteq ranks worse than 57.8% on this metric.

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 (2026-07-04), Careteq's share price is A$0.012. Careteq's Book Value per Share for the quarter that ended in Dec. 2025 was A$0.01. Hence, Careteq's PB Ratio of today is 2.40.

Warning Sign:

Careteq Ltd stock PB Ratio (=2.6) is close to 5-year high of 2.6.

The historical rank and industry rank for Careteq's PB Ratio or its related term are showing as below:

ASX:CTQ' s PB Ratio Range Over the Past 10 Years
Min: 0.87   Med: 1.61   Max: 2.6
Current: 2.4

During the past 5 years, Careteq's highest PB Ratio was 2.60. The lowest was 0.87. And the median was 1.61.

ASX:CTQ's PB Ratio is ranked worse than
57.8% of 609 companies
in the Healthcare Providers & Services industry
Industry Median: 1.99 vs ASX:CTQ: 2.40

During the past 12 months, Careteq's average Book Value Per Share Growth Rate was 25.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -48.50% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Careteq was -48.50% per year. The lowest was -51.00% per year. And the median was -49.75% per year.

Back to Basics: PB Ratio

Careteq  (ASX:CTQ) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.

Careteq PB Ratio Related Terms

Careteq PB Ratio Historical Data

* Premium members only.

The historical data trend for Careteq'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.

Careteq PB Ratio Chart

Careteq Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
PB Ratio
0.00 1.57 2.04 1.63 1.83

Careteq Semi-Annual Data
Jun21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
PB Ratio Get a 7-Day Free Trial Premium Member Only 1.93 1.63 2.50 1.83 2.20

ASX:CTQ vs VEEV, BTSG, TEM: PB Ratio Comparison

For the Health Information Services subindustry, Careteq'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.

Careteq PB Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Careteq's PB Ratio distribution charts can be found below:

* The bar in red indicates where Careteq's PB Ratio falls into.


Careteq 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.

Careteq's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=0.012/0.005
=2.40

* 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:

PB Ratio=Market Cap /(Total Stockholders Equity-Preferred Stock)

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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 2.40 mean?
Careteq (ASX:CTQ) has a PB Ratio of 2.40 as of Jul. 04, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Careteq and its competitors. This is 49% above median its historical median of 1.61. Over the past decade, Careteq's PB Ratio has ranged from 0.87 to 2.60. According to the industry distribution chart, Careteq ranks #352 out of 609 companies in the Healthcare Providers & Services industry, placing it in the top 57.8%.
Is Careteq's PB Ratio too high?
Careteq's current PB Ratio of 2.40 is 49% above median its 10-year median of 1.61. Over the past 10 years, this metric has ranged from a low of 0.87 to a high of 2.60. The Healthcare Providers & Services industry median PB Ratio is 1.99. Careteq's value of 2.40 is 20.6% above this industry median. Based on the distribution chart, Careteq ranks #352 out of 609 companies in the Healthcare Providers & Services industry, which is below the industry midpoint.
How does Careteq's PB Ratio compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, Careteq ranks #352 out of 609 companies for PB Ratio. This places Careteq in the lower half of its industry. The industry median PB Ratio is 1.99. Careteq's value of 2.40 is 20.6% above this benchmark. Historically, Careteq's own PB Ratio has ranged from 0.87 to 2.60 over the past decade. While the company's 10-year median is 1.61 vs. the industry median of 1.99, Careteq has consistently been above 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 PB Ratio for a Healthcare Providers & Services company?
The median PB Ratio among Healthcare Providers & Services companies is 1.99, based on 609 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Careteq's current PB Ratio of 2.40 is 20.6% above 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Careteq and its competitors. For the Healthcare Providers & Services industry, the median PB Ratio is 1.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Careteq's current PB Ratio is 2.40, which is 49% above median its own 10-year median of 1.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Careteq stock overvalued right now?
Based on GuruFocus' analysis, Careteq (ASX:CTQ) is currently considered Modestly Overvalued. The stock's GF Value™ is A$0.01, compared to a current price of A$0.01 — trading 20% above its estimated fair value. The current PB Ratio is 2.40, which is 49% above median its 10-year median of 1.61 and 20.6% above the Healthcare Providers & Services industry median of 1.99. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Careteq (ASX:CTQ), the current PB Ratio is 2.40 as of Jul. 04, 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.

Careteq Business Description

Address 99 Queen Street, Level 10, Melbourne, VIC, AUS, 3000
Careteq Ltd provides Residential Medication Management Review and Home Medicines Review services as part of the Medication Management Programs, generating revenue from medication review, education, and support services. The company focuses on medication management and home care solutions to provide continuity of care and improve clinical outcomes for patients through Home Medication Reviews. Medication-related harm includes adverse drug reactions, medication errors, and complications that jeopardise patient safety and increase healthcare costs. The company operates in Australia.