WELL Health Technologies (TSX:WELL) PB Ratio : 1.12 (As of Apr. 25, 2024)

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What is WELL Health 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 (2024-04-25), WELL Health Technologies's share price is C$3.57. WELL Health Technologies's Book Value per Share for the quarter that ended in Dec. 2023 was C$3.18. Hence, WELL Health Technologies's PB Ratio of today is 1.12.

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

TSX:WELL' s PB Ratio Range Over the Past 10 Years
Min: 0.87 Med: 2.99 Max: 17.06
Current: 1.11

During the past 13 years, WELL Health Technologies's highest PB Ratio was 17.06. The lowest was 0.87. And the median was 2.99.

TSX:WELL's PB Ratio is ranked better than
75.63% of 595 companies
in the Healthcare Providers & Services industry
Industry Median: 2.23 vs TSX:WELL: 1.11

During the past 12 months, WELL Health Technologies's average Book Value Per Share Growth Rate was 0.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 33.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of WELL Health Technologies was 125.40% per year. The lowest was -21.60% per year. And the median was 33.80% per year.

Back to Basics: PB Ratio

WELL Health Technologies PB Ratio Historical Data

The historical data trend for WELL Health 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.

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WELL Health Technologies PB Ratio Chart

WELL Health Technologies Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

Get a 7-Day Free Trial

5.63

6.06

1.66

0.90

1.21

WELL Health Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio	Get a 7-Day Free Trial															0.90	1.55	1.55	1.34	1.21

Competitive Comparison of WELL Health Technologies's PB Ratio

For the Medical Care Facilities subindustry, WELL Health 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.

WELL Health Technologies's PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, WELL Health Technologies's PB Ratio distribution charts can be found below:

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

WELL Health 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	3.57	/	3.18
	=	1.12

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

WELL Health Technologies (TSX:WELL) 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.

WELL Health Technologies PB Ratio Related Terms

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WELL Health Technologies (TSX:WELL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » WELL Health Technologies Corp (TSX:WELL) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

WHTCF:USA W7V:Germany

Address

375 Water Street, Suite 550, Vancouver, BC, CAN, V6B 5C6

Website

https://www.well.company

WELL Health Technologies Corp is the owner and operator of a portfolio of Primary Hclinics delivering healthcare-related services It operates through below segments: clinical operations and allied health, Electronic medical record (EMR), Billing and revenue cycle management solutions, Digital apps, Cybersecurity, CRH, MyHealth, and corporate/shared services. Its segments are grouped into three divisions; Omni-channel Patient Services - Primary includes clinical operations and allied health. Omni-channel Patient Services - Specialized comprises CRH and MyHealth under two segments. Virtual Services include EMR, billing and revenue cycle management solutions, digital apps, and cybersecurity.