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National Healthcare PropertiesNHP +2.27%33 PB Ratio is 0.75 as of Aug. 04, 2026, which is 6% above its 10-year median of 0.71. GuruFocus rates NHP with a GF Score™ of 33/100. The stock has 7 warning signs investors should review. Among 914 REITs companies, National Healthcare Properties ranks better than 65.43% on this metric.
The historical rank and industry rank for National Healthcare Properties's PB Ratio or its related term are showing as below:
NHP'
s PB Ratio Range Over the Past 10 Years
Min: 0.62 Med: 0.71 Max: 0.77
Current: 0.75
During the past 8 years, National Healthcare Properties's highest PB Ratio was 0.77. The lowest was 0.62. And the median was 0.71.
NHP's PB Ratio is ranked better than 65.43% of 914
companies
in the REITs industry
Industry Median: 0.86
vs NHP: 0.75
During the past 12 months, National Healthcare Properties's average Book Value Per Share Growth Rate was -12.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 30.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 18.70% per year.
During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of National Healthcare Properties was 32.40% per year. The lowest was -7.70% per year. And the median was 12.85% per year.
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.
National Healthcare Properties PB Ratio Related Terms
National Healthcare Properties PB Ratio Historical Data
* 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.
For the REIT - Healthcare Facilities subindustry, National Healthcare Properties'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.
National Healthcare Properties PB Ratio vs REITs Industry
For the REITs industry and Real Estate sector, National Healthcare Properties's PB Ratio distribution charts can be found below:
* The bar in red indicates where National Healthcare Properties's PB Ratio falls into.
National Healthcare Properties 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.
* 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.
National Healthcare Properties (NHP) has a PB Ratio of 0.75 as of Aug. 04, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on National Healthcare Properties and its competitors. This is near median its historical median of 0.71. Over the past decade, National Healthcare Properties' PB Ratio has ranged from 0.62 to 0.77. According to the industry distribution chart, National Healthcare Properties ranks #316 out of 914 companies in the REITs industry, placing it in the top 34.6%.
Is National Healthcare Properties' PB Ratio too high?
National Healthcare Properties' current PB Ratio of 0.75 is near median its 10-year median of 0.71. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 0.77. The REITs industry median PB Ratio is 0.86. National Healthcare Properties' value of 0.75 is 12.8% below this industry median. Based on the distribution chart, National Healthcare Properties ranks #316 out of 914 companies in the REITs industry, which is above the industry midpoint. Overall, National Healthcare Properties has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does National Healthcare Properties' PB Ratio compare to UHT and CHCT?
According to the REITs industry distribution chart, National Healthcare Properties ranks #316 out of 914 companies for PB Ratio. This puts National Healthcare Properties in the upper half of its industry. The industry median PB Ratio is 0.86. National Healthcare Properties' value of 0.75 is 12.8% below this benchmark. Historically, National Healthcare Properties' own PB Ratio has ranged from 0.62 to 0.77 over the past decade. While the company's 10-year median is 0.71 vs. the industry median of 0.86, National Healthcare Properties has consistently been below 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 REITs company?
The median PB Ratio among REITs companies is 0.86, based on 914 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. National Healthcare Properties's current PB Ratio of 0.75 is 12.8% below 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 National Healthcare Properties and its competitors. For the REITs industry, the median PB Ratio is 0.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Healthcare Properties's current PB Ratio is 0.75, which is near median its own 10-year median of 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Healthcare Properties stock overvalued right now?
National Healthcare Properties (NHP) has a current PB Ratio of 0.75. The current PB Ratio is 0.75, which is near median its 10-year median of 0.71 and 12.8% below the REITs industry median of 0.86. National Healthcare Properties' overall GF Score™ is 33/100 with 7 warning signs to review. 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 National Healthcare Properties (NHP), the current PB Ratio is 0.75 as of Aug. 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.
National Healthcare Properties Inc is a publicly registered real estate investment trust. It is focused on acquiring, owning, and managing a diversified portfolio of healthcare real estate assets focused on senior housing operating properties (SHOP) and outpatient medical facilities (OMF) in the United States. The company operates in two reportable business segments: SHOP and OMF. The SHOP segment consists of assisted living communities, memory care communities and independent living communities, which are focused on needs-based assisted living and memory care. The OMF segment consists of physicians' offices and examination rooms, hospitals, pharmacies, hospital ancillary service space and other outpatient services. The majority of revenue is derived from the SHOP segment.
33GF Score
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