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Sigma Healthcare (Sigma Healthcare) PB Ratio : 1.13 (As of Apr. 29, 2024)


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What is Sigma Healthcare 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 (2024-04-29), Sigma Healthcare's share price is $0.40. Sigma Healthcare's Book Value per Share for the quarter that ended in Jan. 2024 was $0.35. Hence, Sigma Healthcare's PB Ratio of today is 1.13.

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

SIGGF' s PB Ratio Range Over the Past 10 Years
Min: 0.85   Med: 1.42   Max: 2.95
Current: 2.37

During the past 13 years, Sigma Healthcare's highest PB Ratio was 2.95. The lowest was 0.85. And the median was 1.42.

SIGGF's PB Ratio is ranked worse than
68.48% of 92 companies
in the Medical Distribution industry
Industry Median: 1.47 vs SIGGF: 2.37

During the past 12 months, Sigma Healthcare's average Book Value Per Share Growth Rate was 22.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 3.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -0.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Sigma Healthcare was 205.40% per year. The lowest was -24.00% per year. And the median was -1.75% per year.

Back to Basics: PB Ratio


Sigma Healthcare PB Ratio Historical Data

The historical data trend for Sigma Healthcare'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.

Sigma Healthcare PB Ratio Chart

Sigma Healthcare Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.92 1.52 1.80 1.90 1.13

Sigma Healthcare Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 1.80 1.80 1.90 1.81 1.13

Competitive Comparison of Sigma Healthcare's PB Ratio

For the Medical Distribution subindustry, Sigma Healthcare'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.


Sigma Healthcare's PB Ratio Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Sigma Healthcare's PB Ratio distribution charts can be found below:

* The bar in red indicates where Sigma Healthcare's PB Ratio falls into.



Sigma Healthcare 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.

Sigma Healthcare's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jan. 2024)
=0.40/0.354
=1.13

* 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.


Sigma Healthcare  (OTCPK:SIGGF) 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.


Sigma Healthcare PB Ratio Related Terms

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Sigma Healthcare (Sigma Healthcare) Business Description

Traded in Other Exchanges
Address
2125 Dandenong Road, Level 6, Clayton, Melbourne, VIC, AUS, 3168
Sigma Healthcare is an Australian pharmaceutical distributor, wholesaler and pharmacy franchisor. The revenue growth prospects and returns of pharmaceutical distribution are subdued due to ongoing Pharmaceutical Benefits Scheme, or PBS, price reform, and regulated wholesale gross margins being capped at 7% for community pharmacy. As a result, Sigma and its competitors are seeking to expand into unregulated revenue streams. In addition, pharmacy ownership is restricted to pharmacists, thereby excluding direct corporate ownership and requiring exposure via a franchise business model.

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