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P3 Health Partners (P3 Health Partners) PB Ratio : (As of May. 20, 2024)


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What is P3 Health Partners 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 (2024-05-20), P3 Health Partners's share price is $0.056799. P3 Health Partners's Book Value per Share for the quarter that ended in Mar. 2024 was $0.00. Hence, P3 Health Partners's PB Ratio of today is .

The historical rank and industry rank for P3 Health Partners's PB Ratio or its related term are showing as below:

PIIIW' s PB Ratio Range Over the Past 10 Years
Min: 0.36   Med: 1.01   Max: 12.06
Current: 0.49

During the past 6 years, P3 Health Partners's highest PB Ratio was 12.06. The lowest was 0.36. And the median was 1.01.

PIIIW's PB Ratio is ranked better than
93.45% of 595 companies
in the Healthcare Providers & Services industry
Industry Median: 2.24 vs PIIIW: 0.49

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of P3 Health Partners was 20.30% per year. The lowest was 20.30% per year. And the median was 20.30% per year.

Back to Basics: PB Ratio


P3 Health Partners PB Ratio Historical Data

The historical data trend for P3 Health Partners'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.

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P3 Health Partners PB Ratio Chart

P3 Health Partners Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
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P3 Health Partners Quarterly Data
Dec18 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of P3 Health Partners's PB Ratio

For the Medical Care Facilities subindustry, P3 Health Partners'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.


P3 Health Partners's PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, P3 Health Partners's PB Ratio distribution charts can be found below:

* The bar in red indicates where P3 Health Partners's PB Ratio falls into.



P3 Health Partners 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.

P3 Health Partners's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=0.056799/
=

* 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.


P3 Health Partners  (NAS:PIIIW) 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.


P3 Health Partners PB Ratio Related Terms

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P3 Health Partners (P3 Health Partners) Business Description

Traded in Other Exchanges
Address
2370 Corporate Circle, Suite 300, Henderson, NV, USA, 89074
P3 Health Partners Inc is a patient-centered and physician-led population health management company. P3's model aggregates and supports the community's existing healthcare resources to build a network of community providers working together to deliver highly coordinated and integrated care to patients with a shared commitment to improving patient outcomes, lowering cost, and delivering a better experience for all.