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), Envista Holdings's share price is $20.465. Envista Holdings's Book Value per Share for the quarter that ended in Dec. 2023 was $24.34. Hence, Envista Holdings's PB Ratio of today is 0.84.
Good Sign:
Envista Holdings Corp stock PB Ratio (=0.83) is close to 3-year low of 0.79
The historical rank and industry rank for Envista Holdings's PB Ratio or its related term are showing as below:
NVST'
s PB Ratio Range Over the Past 10 Years
Min: 0.54 Med: 1.38 Max: 1.99
Current: 0.84
During the past 8 years, Envista Holdings's highest PB Ratio was 1.99. The lowest was 0.54. And the median was 1.38.
NVST's PB Ratio is ranked better than 83.65% of 795
companies
in the Medical Devices & Instruments industry
Industry Median: 2.19
vs NVST: 0.84
During the past 12 months, Envista Holdings's average Book Value Per Share Growth Rate was -5.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 1.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -2.10% per year.
During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Envista Holdings was 4.90% per year. The lowest was -10.40% per year. And the median was -2.75% per year.
Back to Basics: PB Ratio
Envista Holdings PB Ratio Historical Data
The historical data trend for Envista Holdings'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.
Competitive Comparison of Envista Holdings's PB Ratio
For the Medical Instruments & Supplies subindustry, Envista Holdings'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.
Envista Holdings's PB Ratio Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Envista Holdings's PB Ratio distribution charts can be found below:
* The bar in red indicates where Envista Holdings's PB Ratio falls into.
Envista Holdings 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.
* 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.
Envista Holdings PB Ratio Related Terms
Thank you for viewing the detailed overview of Envista Holdings's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Envista Holdings (Envista Holdings) Business Description
Envista Holdings Corp is a dental products company. It develops, manufactures, and markets portfolios of dental consumables, equipment, and services to dental professionals. The company's business consists of two segments comprising Specialty Products and Technologies and Equipment and Consumables. The Company's Specialty Products & Technologies segment develops, manufactures, and markets dental implant systems, including regenerative solutions, dental prosthetics, and associated treatment software and technologies, as well as orthodontic bracket systems, aligners, and lab products. The Company's Equipment & Consumables segment manufactures dental equipment and supplies used in dental offices, including digital imaging systems, software and other visualization/magnification systems.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
NVST has been successfully added to your 