Impact Healthcare REIT (CHIX:IHRL) PB Ratio : 0.76 (As of Jun. 07, 2024)

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What is Impact Healthcare REIT 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 (2024-06-07), Impact Healthcare REIT's share price is £0.874. Impact Healthcare REIT's Book Value per Share for the quarter that ended in Dec. 2023 was £1.15. Hence, Impact Healthcare REIT's PB Ratio of today is 0.76.

Good Sign:

Impact Healthcare REIT PLC stock PB Ratio (=0.76) is close to 3-year low of 0.7

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

CHIX:IHRl' s PB Ratio Range Over the Past 10 Years
Min: 0.59 Med: 1 Max: 1.12
Current: 0.76

During the past 7 years, Impact Healthcare REIT's highest PB Ratio was 1.12. The lowest was 0.59. And the median was 1.00.

CHIX:IHRl's PB Ratio is ranked better than
57.41% of 850 companies
in the REITs industry
Industry Median: 0.82 vs CHIX:IHRl: 0.76

During the past 12 months, Impact Healthcare REIT's average Book Value Per Share Growth Rate was 4.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.00% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Impact Healthcare REIT was 2.90% per year. The lowest was 1.10% per year. And the median was 2.30% per year.

Back to Basics: PB Ratio

Impact Healthcare REIT PB Ratio Historical Data

The historical data trend for Impact Healthcare REIT'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.

Impact Healthcare REIT PB Ratio Chart

Impact Healthcare REIT Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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1.01

0.99

1.06

0.96

0.79

Impact Healthcare REIT Quarterly Data
	Jun17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial								1.06	1.00	0.96	0.79	0.79

Competitive Comparison of Impact Healthcare REIT's PB Ratio

For the REIT - Healthcare Facilities subindustry, Impact Healthcare REIT'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.

Impact Healthcare REIT's PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Impact Healthcare REIT's PB Ratio distribution charts can be found below:

* The bar in red indicates where Impact Healthcare REIT's PB Ratio falls into.

Impact Healthcare REIT 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.

Impact Healthcare REIT's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	0.874	/	1.154
	=	0.76

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.

Impact Healthcare REIT (CHIX:IHRl) 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.

Impact Healthcare REIT PB Ratio Related Terms

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

Impact Healthcare REIT (CHIX:IHRL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Impact Healthcare REIT PLC (CHIX:IHRl) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

IHR:UK

Address

52 Lime Street, The Scalpel, 18th Floor, London, GBR, EC3M 7AF

Website

https://www.impactreit.uk

Impact Healthcare REIT PLC is a real estate investment trust. The trust invests in a diversified portfolio of UK healthcare real estate assets, in particular, residential care homes and to lease them on long leases to high-quality care home operators. Its objective is to provide shareholders with attractive long-term and sustainable returns in the form of quarterly dividends.

Impact Healthcare REIT (CHIX:IHRL) Headlines

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