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Oscar HealthMIL:1OSCR -0.30%51 PB Ratio is 5.61 as of Jul. 15, 2026, which is 117% above its 10-year median of 2.58. GuruFocus rates MIL:1OSCR with a GF Score™ of 51/100 and a GF Value™ of €18.53 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 18 Healthcare Plans companies, Oscar Health ranks worse than 72.22% on this metric.
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 (2026-07-15), Oscar Health's share price is €26.98. Oscar Health's Book Value per Share for the quarter that ended in Mar. 2026 was €4.81. Hence, Oscar Health's PB Ratio of today is 5.61.
Warning Sign:
Oscar Health Inc stock PB Ratio (=5.59) is close to 10-year high of 5.79.
The historical rank and industry rank for Oscar Health's PB Ratio or its related term are showing as below:
MIL:1OSCR'
s PB Ratio Range Over the Past 10 Years
Min: 0.44 Med: 2.58 Max: 5.79
Current: 5.59
During the past 7 years, Oscar Health's highest PB Ratio was 5.79. The lowest was 0.44. And the median was 2.58.
MIL:1OSCR's PB Ratio is ranked worse than 72.22% of 18
companies
in the Healthcare Plans industry
Industry Median: 2.855
vs MIL:1OSCR: 5.59
During the past 12 months, Oscar Health's average Book Value Per Share Growth Rate was 5.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -7.30% per year.
During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Oscar Health was -7.30% per year. The lowest was -15.10% per year. And the median was -11.20% per year.
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.
Oscar Health PB Ratio Related Terms
Oscar Health PB Ratio Historical Data
* Premium members only.
The historical data trend for Oscar 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.
For the Healthcare Plans subindustry, Oscar 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.
Oscar Health PB Ratio vs Healthcare Plans Industry
For the Healthcare Plans industry and Healthcare sector, Oscar Health's PB Ratio distribution charts can be found below:
* The bar in red indicates where Oscar Health's PB Ratio falls into.
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.
Oscar 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.
Oscar Health (MIL:1OSCR) has a PB Ratio of 5.61 as of Jul. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Oscar Health and its competitors. This is 117% above median its historical median of 2.58. Over the past decade, Oscar Health's PB Ratio has ranged from 0.44 to 5.79. According to the industry distribution chart, Oscar Health ranks #13 out of 18 companies in the Healthcare Plans industry, placing it in the top 72.2%.
Is Oscar Health's PB Ratio too high?
Oscar Health's current PB Ratio of 5.61 is 117% above median its 10-year median of 2.58. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 5.79. The Healthcare Plans industry median PB Ratio is 2.86. Oscar Health's value of 5.61 is 96.5% above this industry median. Based on the distribution chart, Oscar Health ranks #13 out of 18 companies in the Healthcare Plans industry, which is below the industry midpoint. Overall, Oscar Health has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Oscar Health's PB Ratio compare to MOH and ALHC?
According to the Healthcare Plans industry distribution chart, Oscar Health ranks #13 out of 18 companies for PB Ratio. This places Oscar Health in the lower half of its industry. The industry median PB Ratio is 2.86. Oscar Health's value of 5.61 is 96.5% above this benchmark. Historically, Oscar Health's own PB Ratio has ranged from 0.44 to 5.79 over the past decade. While the company's 10-year median is 2.58 vs. the industry median of 2.86, Oscar Health has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Healthcare Plans company?
The median PB Ratio among Healthcare Plans companies is 2.86, based on 18 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Oscar Health's current PB Ratio of 5.61 is 96.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Oscar Health and its competitors. For the Healthcare Plans industry, the median PB Ratio is 2.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oscar Health's current PB Ratio is 5.61, which is 117% above median its own 10-year median of 2.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oscar Health stock overvalued right now?
Based on GuruFocus' analysis, Oscar Health (MIL:1OSCR) is currently considered Significantly Overvalued. The stock's GF Value™ is €18.53, compared to a current price of €26.98 — trading 45.6% above its estimated fair value. The current PB Ratio is 5.61, which is 117% above median its 10-year median of 2.58 and 96.5% above the Healthcare Plans industry median of 2.86. Oscar Health's overall GF Score™ is 51/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Oscar Health (MIL:1OSCR), the current PB Ratio is 5.61 as of Jul. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Oscar Health (MIL:1OSCR) Overvalued in 2026?
Based on GuruFocus' analysis, Oscar Health stock appears to be overvalued.
The current stock price of €26.98 is trading 45.6% above its estimated GF Value™ of €18.53.
GuruFocus considers Oscar Health to be Significantly Overvalued.
Key valuation signals for MIL:1OSCR:
PB Ratio: 5.61 (117% above median its 10-year median of 2.58)
GF Value™: €18.53 vs. price of €26.98 (45.6% above fair value)
Industry Position: 96.5% above the Healthcare Plans median (#13 of 18)
No single metric tells the full story. See the MIL:1OSCR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Oscar Health Inc is a healthcare technology company built around a full stack technology platform and a relentless focus on serving its members. It offers Individual & Family plans and health technology solutions that power the healthcare industry. Oscar operates as one segment to sell insurance to individuals, families and employees through the federal and state-run healthcare exchanges formed in conjunction with the Patient Protection and Affordable Care Act (ACA) and leverages its technology platform to provide services via its Oscar offering.
51GF Score
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