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Benefytt Technologies (Benefytt Technologies) PB Ratio : 6.63 (As of Apr. 26, 2024)


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What is Benefytt Technologies 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 (2024-04-26), Benefytt Technologies's share price is $31.00. Benefytt Technologies's Book Value per Share for the quarter that ended in Jun. 2020 was $4.68. Hence, Benefytt Technologies's PB Ratio of today is 6.63.

The historical rank and industry rank for Benefytt Technologies's PB Ratio or its related term are showing as below:

BFYT's PB Ratio is not ranked *
in the Healthcare Plans industry.
Industry Median: 2.34
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Benefytt Technologies PB Ratio Historical Data

The historical data trend for Benefytt Technologies'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.

Benefytt Technologies PB Ratio Chart

Benefytt Technologies Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
PB Ratio
Get a 7-Day Free Trial Premium Member Only 2.45 5.51 4.80 3.70 2.70

Benefytt Technologies Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.73 4.54 2.70 4.41 4.38

Competitive Comparison of Benefytt Technologies's PB Ratio

For the Healthcare Plans subindustry, Benefytt Technologies'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.


Benefytt Technologies's PB Ratio Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Benefytt Technologies's PB Ratio distribution charts can be found below:

* The bar in red indicates where Benefytt Technologies's PB Ratio falls into.



Benefytt Technologies 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.

Benefytt Technologies's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2020)
=31.00/4.676
=6.63

* 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.


Benefytt Technologies  (NAS:BFYT) 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.


Benefytt Technologies PB Ratio Related Terms

Thank you for viewing the detailed overview of Benefytt Technologies's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Benefytt Technologies (Benefytt Technologies) Business Description

Traded in Other Exchanges
N/A
Address
3450 Buschwood Park Drive, Suite 200, Tampa, FL, USA, 33618
Benefytt Technologies Inc is a health insurance technology company. It is engaged in the development and operation of private e-commerce health insurance marketplaces, consumer engagement platforms, agency technology systems, and insurance policy administration platforms. Its reportable segments are Medicare and IFP. The Medicare segment consists of consumer engagement activities which generate leads that the company sells to third-parties whereas, the IFP segment focuses on the sale and service of individual and family health insurance plans which includes short-term medical insurance plans and health benefit insurance plans. The firm also offers supplemental products which include additional insurance and non-insurance products.
Executives
Peggy Scott director 15438 NORTH FLORIDA AVENUE, SUITE 201, TAMPA FL 33613
John Fichthorn director C/O DIALECTIC CAPITAL MANAGEMENT, LLC, 17 STATE STREET, SUITE 3930, NEW YORK NY 10004
Robert S Murley director 4025 S. RIVERPOINT PARKWAY, M/S CF-K815, PHOENIX AZ 85040
Erik M Helding officer: Chief Financial Officer 11825 N. PENNSYLVANIA STREET, CARMEL IN 46032
Paul G Gabos director 19387 US 19 N, CLEARWATER FL 33764
Bruce Telkamp officer: CEO of HealthPocket, Inc.* 440 EAST MIDDLEFIELD ROAD, MOUNTAIN VIEW CA 94043
Sheldon Wang officer: Chief Technology Officer 440 EAST MIDDLEFIELD ROAD, MOUNTAIN VIEW CA 94043
Cannell Capital Llc 10 percent owner 245 MERIWETHER CIRCLE, ALTA WY 83414
Patrick Mcnamee director, officer: CEO and President C/O EXPRESS SCRIPTS, INC. 13900 RIVERPORT DRIVE MARYLAND HEIGHTS MO 63043
Dirk A Montgomery officer: EVP & Chief Financial Officer C/O HEALTH INSURANCE INNOVATIONS, INC., 15438 N. FLORIDA AVE., SUITE 201, TAMPA FL 33613
Gordon Tunstall director