Spire Healthcare Group (CHIX:SPIL) PB Ratio : 1.42 (As of May. 15, 2024)

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What is Spire Healthcare Group 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 (2024-05-15), Spire Healthcare Group's share price is £2.595. Spire Healthcare Group's Book Value per Share for the quarter that ended in Dec. 2023 was £1.83. Hence, Spire Healthcare Group's PB Ratio of today is 1.42.

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

CHIX:SPIl' s PB Ratio Range Over the Past 10 Years
Min: 0.22 Med: 1.24 Max: 1.62
Current: 1.38

During the past 13 years, Spire Healthcare Group's highest PB Ratio was 1.62. The lowest was 0.22. And the median was 1.24.

CHIX:SPIl's PB Ratio is ranked better than
68.12% of 596 companies
in the Healthcare Providers & Services industry
Industry Median: 2.23 vs CHIX:SPIl: 1.38

During the past 12 months, Spire Healthcare Group's average Book Value Per Share Growth Rate was 1.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -5.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Spire Healthcare Group was 1.30% per year. The lowest was -9.80% per year. And the median was -3.20% per year.

Back to Basics: PB Ratio

Spire Healthcare Group PB Ratio Historical Data

The historical data trend for Spire Healthcare Group'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.

Spire Healthcare Group PB Ratio Chart

Spire Healthcare Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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0.61

0.88

1.41

1.27

1.23

Spire Healthcare Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial															1.41	1.33	1.27	1.19	1.23

Competitive Comparison of Spire Healthcare Group's PB Ratio

For the Medical Care Facilities subindustry, Spire Healthcare Group'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.

Spire Healthcare Group's PB Ratio Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Spire Healthcare Group's PB Ratio falls into.

Spire Healthcare Group 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.

Spire Healthcare Group's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	2.595	/	1.832
	=	1.42

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.

Spire Healthcare Group (CHIX:SPIl) 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.

Spire Healthcare Group PB Ratio Related Terms

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Spire Healthcare Group (CHIX:SPIL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Spire Healthcare Group PLC (CHIX:SPIl) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

SPI:UK S00:Germany

Address

3 Dorset Rise, London, GBR, EC4Y 8EN

Website

https://www.spirehealthcare.com

Spire Healthcare Group PLC is an independent hospital group in the United Kingdom, with 40 private hospitals and eight clinics. It is a private provider, by volume, of knee and hip operations in the United Kingdom. The Group is a well-located and scalable hospital have delivered successful and award-winning clinical outcomes, positioning the Group well with patients, Consultants, the NHS, GPs and Private Medical Insurance providers. It treats patients through a variety of routes including PMI, Self-pay and the NHS, providing the Group with diversified access to the expected growth opportunities in the UK healthcare market, which faces significant supply challenges as a result of NHS budget constraints and increasing demand from a growing population with longer life expectancy.

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