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Estia Health (ASX:EHE) PB Ratio : 1.59 (As of May. 05, 2024)


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What is Estia Health PB Ratio?

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 (2024-05-05), Estia Health's share price is A$3.08. Estia Health's Book Value per Share for the quarter that ended in Jun. 2023 was A$1.94. Hence, Estia Health's PB Ratio of today is 1.59.

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

ASX:EHE' s PB Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.99   Max: 2.49
Current: 1.59

During the past 9 years, Estia Health's highest PB Ratio was 2.49. The lowest was 0.37. And the median was 0.99.

ASX:EHE's PB Ratio is not ranked
in the Healthcare Providers & Services industry.
Industry Median: 2.24 vs ASX:EHE: 1.59

During the past 12 months, Estia Health's average Book Value Per Share Growth Rate was -7.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -6.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -8.30% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Estia Health was -0.30% per year. The lowest was -10.40% per year. And the median was -6.45% per year.

Back to Basics: PB Ratio


Estia Health PB Ratio Historical Data

The historical data trend for Estia Health'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.

* Premium members only.

Estia Health PB Ratio Chart

Estia Health Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
PB Ratio
Get a 7-Day Free Trial Premium Member Only 0.90 0.66 1.05 0.91 1.53

Estia Health Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.05 1.00 0.91 1.03 1.53

Competitive Comparison of Estia Health's PB Ratio

For the Medical Care Facilities subindustry, Estia Health'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.


Estia Health's PB Ratio Distribution in the Healthcare Providers & Services Industry

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

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



Estia Health 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.

Estia Health's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2023)
=3.08/1.937
=1.59

* 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:

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.


Estia Health  (ASX:EHE) 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.


Estia Health PB Ratio Related Terms

Thank you for viewing the detailed overview of Estia Health's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Estia Health (ASX:EHE) Business Description

Traded in Other Exchanges
N/A
Address
227 Elizabeth Street, Level 9, Sydney, NSW, AUS, 2000
Estia Health Ltd operates residential aged care facilities in Australia. The company conducts its business through regional networks of facilities located in Victoria, South Australia, New South Wales, and Queensland. Estia's facilities provide clinical care services, daily living services, and accommodations to its residents. Its clinical care services include 24-hour nursing care, personal care, wound management, administering pharmaceuticals, physiotherapy and occupational therapy, and arranging visits from external medical practitioners. Funding from the Australian government contributes the majority of Estia's revenue.

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