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 (2024-05-06), LHC Group's share price is $169.81. LHC Group's Book Value per Share for the quarter that ended in Dec. 2022 was $52.15. Hence, LHC Group's PB Ratio of today is 3.26.
Good Sign:
LHC Group Inc stock PB Ratio (=3.26) is close to 1-year low of 3
The historical rank and industry rank for LHC Group's PB Ratio or its related term are showing as below:
LHCG'
s PB Ratio Range Over the Past 10 Years
Min: 1.07 Med: 2.33 Max: 4.71
Current: 3.26
During the past 13 years, LHC Group's highest PB Ratio was 4.71. The lowest was 1.07. And the median was 2.33.
During the past 12 months, LHC Group's average Book Value Per Share Growth Rate was 2.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 4.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 12.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 15.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of LHC Group was 151.70% per year. The lowest was 4.40% per year. And the median was 17.75% per year.
Back to Basics: PB Ratio
LHC Group PB Ratio Historical Data
The historical data trend for LHC Group'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 Medical Care Facilities subindustry, LHC Group'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.
LHC Group's PB Ratio Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, LHC Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where LHC Group's PB Ratio falls into.
LHC Group 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.
LHC Group's PB Ratio for today is calculated as follows:
* 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.
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.
LHC Group PB Ratio Related Terms
Thank you for viewing the detailed overview of LHC Group's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
LHC Group Inc provides post-acute health care services to patients through its home nursing agencies, community-based services agencies, hospice agencies, and long-term acute care hospitals. The company's home health service locations offer a wide range of services, including skilled nursing, medically-oriented social services and physical, occupational, and speech therapy. Its hospices provide end-of-life care to patients with terminal illnesses through interdisciplinary teams of physicians, nurses, home health aides, counselors, and volunteers. Its other service segments are Home and community based, Facility-based, Hospice and Healthcare Innovations. The company derives most of its revenues from the Home health services.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
LHCG has been successfully added to your 