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 (2022-08-11), Syneos Health's share price is $70.4276. Syneos Health's Book Value per Share for the quarter that ended in Jun. 2022 was $32.43. Hence, Syneos Health's PB Ratio of today is 2.17.
Good Sign:
Syneos Health Inc stock PB Ratio (=2.16) is close to 1-year low of 1.98
The historical rank and industry rank for Syneos Health's PB Ratio or its related term are showing as below:
SYNH'
s PB Ratio Range Over the Past 10 Years
Min: 1.2 Med: 2.44 Max: 12.19
Current: 2.16
During the past 11 years, Syneos Health's highest PB Ratio was 12.19. The lowest was 1.20. And the median was 2.44.
SYNH's PB Ratio is ranked better than 61.88% of 223
companies
in the Medical Diagnostics & Research industry
Industry Median: 2.69
vs SYNH: 2.16
During the past 12 months, Syneos Health's average Book Value Per Share Growth Rate was 3.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 6.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 29.80% per year.
During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Syneos Health was 89.90% per year. The lowest was -12.70% per year. And the median was 6.00% per year.
Back to Basics: PB Ratio
Syneos Health PB Ratio Historical Data
The historical data trend for Syneos 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.
* Premium members only.
Syneos Health Annual Data
Trend
Dec12
Dec13
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
PB Ratio
1.51
1.42
2.04
2.18
3.12
Syneos Health Quarterly Data
Sep17
Dec17
Mar18
Jun18
Sep18
Dec18
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
PB Ratio
2.86
2.73
3.12
2.51
2.21
Competitive Comparison
For the Diagnostics & Research subindustry, Syneos 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.
Syneos Health PB Ratio Distribution
For the Medical Diagnostics & Research industry and Healthcare sector, Syneos Health's PB Ratio distribution charts can be found below:
* The bar in red indicates where Syneos Health's PB Ratio falls into.
Syneos Health 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.
Syneos Health'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.
Syneos Health PB Ratio Related Terms
Thank you for viewing the detailed overview of Syneos Health's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Syneos is a global contract research and outsourced commercialization organization that provides services to pharmaceutical and biotechnology firms. Its clinical solutions segment offers early- to late-stage clinical trial support that ranges from specialized staffing models to strategic partnerships that oversee nearly all aspects of a drug program, while the company's commercialization solutions includes outsourced sales, consulting, public relations, and advertising services.
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