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Green Cross HealthNZSE:GXH 64 PB Ratio is 1.57 as of Aug. 19, 2026, which is 30% above its 10-year median of 1.21. GuruFocus rates NZSE:GXH with a GF Score™ of 64/100 and a GF Value™ of NZ$1.08 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 610 Healthcare Providers & Services companies, Green Cross Health ranks better than 60.33% on this metric.
Green Cross Health Ltd stock PB Ratio (=1.59) is close to 5-year high of 1.68.
The historical rank and industry rank for Green Cross Health's PB Ratio or its related term are showing as below:
NZSE:GXH'
s PB Ratio Range Over the Past 10 Years
Min: 0.62 Med: 1.21 Max: 4.15
Current: 1.57
During the past 13 years, Green Cross Health's highest PB Ratio was 4.15. The lowest was 0.62. And the median was 1.21.
NZSE:GXH's PB Ratio is ranked better than 60.33% of 610
companies
in the Healthcare Providers & Services industry
Industry Median: 1.95
vs NZSE:GXH: 1.57
During the past 12 months, Green Cross Health's average Book Value Per Share Growth Rate was 5.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -2.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 2.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 6.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Green Cross Health was 135.40% per year. The lowest was -19.10% per year. And the median was 5.10% 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.
Green Cross Health PB Ratio Related Terms
Green Cross Health PB Ratio Historical Data
* Premium members only.
The historical data trend for Green Cross 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.
For the Pharmaceutical Retailers subindustry, Green Cross 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.
Green Cross Health PB Ratio vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Green Cross Health's PB Ratio distribution charts can be found below:
* The bar in red indicates where Green Cross Health's PB Ratio falls into.
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.
Green Cross Health (NZSE:GXH) has a PB Ratio of 1.57 as of Aug. 19, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Green Cross Health and its competitors. This is 30% above median its historical median of 1.21. Over the past decade, Green Cross Health's PB Ratio has ranged from 0.62 to 4.15. According to the industry distribution chart, Green Cross Health ranks #242 out of 610 companies in the Healthcare Providers & Services industry, placing it in the top 39.7%.
Is Green Cross Health's PB Ratio too high?
Green Cross Health's current PB Ratio of 1.57 is 30% above median its 10-year median of 1.21. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 4.15. The Healthcare Providers & Services industry median PB Ratio is 1.95. Green Cross Health's value of 1.57 is 19.5% below this industry median. Based on the distribution chart, Green Cross Health ranks #242 out of 610 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, Green Cross Health has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Green Cross Health's PB Ratio compare to competitors?
According to the Healthcare Providers & Services industry distribution chart, Green Cross Health ranks #242 out of 610 companies for PB Ratio. This puts Green Cross Health in the upper half of its industry. The industry median PB Ratio is 1.95. Green Cross Health's value of 1.57 is 19.5% below this benchmark. Historically, Green Cross Health's own PB Ratio has ranged from 0.62 to 4.15 over the past decade. While the company's 10-year median is 1.21 vs. the industry median of 1.95, Green Cross Health 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 Healthcare Providers & Services company?
The median PB Ratio among Healthcare Providers & Services companies is 1.95, based on 610 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. Green Cross Health's current PB Ratio of 1.57 is 19.5% 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 Green Cross Health and its competitors. For the Healthcare Providers & Services industry, the median PB Ratio is 1.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Green Cross Health's current PB Ratio is 1.57, which is 30% above median its own 10-year median of 1.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Green Cross Health stock overvalued right now?
Based on GuruFocus' analysis, Green Cross Health (NZSE:GXH) is currently considered Significantly Overvalued. The stock's GF Value™ is NZ$1.08, compared to a current price of NZ$1.92 — trading 77.8% above its estimated fair value. The current PB Ratio is 1.57, which is 30% above median its 10-year median of 1.21 and 19.5% below the Healthcare Providers & Services industry median of 1.95. Green Cross Health's overall GF Score™ is 64/100 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 Green Cross Health (NZSE:GXH), the current PB Ratio is 1.57 as of Aug. 19, 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.
Is Green Cross Health (NZSE:GXH) Overvalued in 2026?
Based on GuruFocus' analysis, Green Cross Health stock appears to be overvalued.
The current stock price of NZ$1.92 is trading 77.8% above its estimated GF Value™ of NZ$1.08.
GuruFocus considers Green Cross Health to be Significantly Overvalued.
Key valuation signals for NZSE:GXH:
PB Ratio: 1.57 (30% above median its 10-year median of 1.21)
GF Value™: NZ$1.08 vs. price of NZ$1.92 (77.8% above fair value)
Industry Position: 19.5% below the Healthcare Providers & Services median (#242 of 610)
No single metric tells the full story. See the NZSE:GXH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Green Cross Health Ltd is engaged in providing healthcare services in New Zealand. The reportable segments of the group are Pharmacy services and medical services. The majority of the revenue is generated from the Pharmacy services segment. The pharmacy services segment provides retail and dispensary services, and the medical services segment provides GP, nursing, and urgent care services. The majority of its revenue is generated from the pharmacy segment.
64GF Score
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