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Third Age Health ServicesNZSE:TAH +3.45%76 PB Ratio is 8.88 as of Jul. 29, 2026, which is 1% below its 10-year median of 8.93. GuruFocus rates NZSE:TAH with a GF Score™ of 76/100 and a GF Value™ of NZ$3.45 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 607 Healthcare Providers & Services companies, Third Age Health Services ranks worse than 91.76% on this metric.
Third Age Health Services Ltd stock PB Ratio (=8.88) is close to 1-year low of 8.68.
The historical rank and industry rank for Third Age Health Services's PB Ratio or its related term are showing as below:
NZSE:TAH'
s PB Ratio Range Over the Past 10 Years
Min: 4.84 Med: 8.93 Max: 19.17
Current: 8.88
During the past 6 years, Third Age Health Services's highest PB Ratio was 19.17. The lowest was 4.84. And the median was 8.93.
NZSE:TAH's PB Ratio is ranked worse than 91.76% of 607
companies
in the Healthcare Providers & Services industry
Industry Median: 2.05
vs NZSE:TAH: 8.88
During the past 12 months, Third Age Health Services's average Book Value Per Share Growth Rate was 31.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 25.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 17.80% per year.
During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Third Age Health Services was 25.40% per year. The lowest was 12.00% per year. And the median was 12.50% per year.
Back to Basics: PB Ratio
Third Age Health Services (NZSE:TAH) PB Ratio Explanation
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.
Third Age Health Services PB Ratio Related Terms
Third Age Health Services 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 Medical Care Facilities subindustry, Third Age Health Services'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.
Third Age Health Services PB Ratio vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Third Age Health Services's PB Ratio distribution charts can be found below:
* The bar in red indicates where Third Age Health Services'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.
Third Age Health Services (NZSE:TAH) has a PB Ratio of 8.88 as of Jul. 29, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Third Age Health Services and its competitors. This is near median its historical median of 8.93. Over the past decade, Third Age Health Services' PB Ratio has ranged from 4.84 to 19.17. According to the industry distribution chart, Third Age Health Services ranks #557 out of 607 companies in the Healthcare Providers & Services industry, placing it in the top 91.8%.
Is Third Age Health Services' PB Ratio too high?
Third Age Health Services' current PB Ratio of 8.88 is near median its 10-year median of 8.93. Over the past 10 years, this metric has ranged from a low of 4.84 to a high of 19.17. The Healthcare Providers & Services industry median PB Ratio is 2.05. Third Age Health Services' value of 8.88 is 333.2% above this industry median. Based on the distribution chart, Third Age Health Services ranks #557 out of 607 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers. Overall, Third Age Health Services has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Third Age Health Services' PB Ratio compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Third Age Health Services ranks #557 out of 607 companies for PB Ratio. This places Third Age Health Services in the lower half of its industry. The industry median PB Ratio is 2.05. Third Age Health Services' value of 8.88 is 333.2% above this benchmark. Historically, Third Age Health Services' own PB Ratio has ranged from 4.84 to 19.17 over the past decade. While the company's 10-year median is 8.93 vs. the industry median of 2.05, Third Age Health Services has consistently been above 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 2.05, based on 607 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. Third Age Health Services's current PB Ratio of 8.88 is 333.2% above 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 Third Age Health Services and its competitors. For the Healthcare Providers & Services industry, the median PB Ratio is 2.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Third Age Health Services's current PB Ratio is 8.88, which is near median its own 10-year median of 8.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Third Age Health Services stock overvalued right now?
Based on GuruFocus' analysis, Third Age Health Services (NZSE:TAH) is currently considered Modestly Overvalued. The stock's GF Value™ is NZ$3.45, compared to a current price of NZ$4.50 — trading 30.4% above its estimated fair value. The current PB Ratio is 8.88, which is near median its 10-year median of 8.93 and 333.2% above the Healthcare Providers & Services industry median of 2.05. Third Age Health Services' overall GF Score™ is 76/100 with 2 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 Third Age Health Services (NZSE:TAH), the current PB Ratio is 8.88 as of Jul. 29, 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 Third Age Health Services (NZSE:TAH) Overvalued in 2026?
Based on GuruFocus' analysis, Third Age Health Services stock appears to be overvalued.
The current stock price of NZ$4.50 is trading 30.4% above its estimated GF Value™ of NZ$3.45.
GuruFocus considers Third Age Health Services to be Modestly Overvalued.
Key valuation signals for NZSE:TAH:
PB Ratio: 8.88 (near median its 10-year median of 8.93)
GF Value™: NZ$3.45 vs. price of NZ$4.50 (30.4% above fair value)
Industry Position: 333.2% above the Healthcare Providers & Services median (#557 of 607)
No single metric tells the full story. See the NZSE:TAH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Third Age Health Services Ltd is engaged in providing health care services to older adults residing in Aged Residential Care. The services offered by the company include 24/7 access to a doctor, Regular, scheduled rounds by a Practitioner, and Guaranteed locum cover. The company segment includes: Aged medical residential care services, being the provision of medical care services to the aged care sector. General practice medical services, being the provision of primary care services to the community.
76GF Score
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