PIII (P3 Health Partners) PB Ratio: (As of Jul. 06, 2026)


PIII P3 Health Partners Inc PIII
47 GF Score
Price $10.28
GF Value $9.22
Valuation Modestly Overvalued
! 7 Warning Signs
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What is P3 Health Partners 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 (2026-07-06), P3 Health Partners's share price is $10.28. P3 Health Partners's Book Value per Share for the quarter that ended in Mar. 2026 was $-43.99. Hence, P3 Health Partners's PB Ratio of today is .

The historical rank and industry rank for P3 Health Partners's PB Ratio or its related term are showing as below:

During the past 8 years, P3 Health Partners's highest PB Ratio was 12.08. The lowest was 0.27. And the median was 0.72.

PIII's PB Ratio is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 2.02
* Ranked among companies with meaningful PB Ratio only.

During the past 12 months, P3 Health Partners's average Book Value Per Share Growth Rate was -326.90% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of P3 Health Partners was 2.10% per year. The lowest was -58.60% per year. And the median was -28.25% per year.

Back to Basics: PB Ratio


P3 Health Partners  (NAS:PIII) 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.


P3 Health Partners PB Ratio Related Terms


P3 Health Partners PB Ratio Historical Data

* Premium members only.

The historical data trend for P3 Health Partners'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.

P3 Health Partners PB Ratio Chart

P3 Health Partners Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 1.07 13.08 1.16 0.48 0.00

P3 Health Partners Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.42 0.46 0.00 0.00 0.00

PIII vs EHSI, CDIX, DCGO: PB Ratio Comparison

For the Medical Care Facilities subindustry, P3 Health Partners'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.


P3 Health Partners PB Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, P3 Health Partners's PB Ratio distribution charts can be found below:

* The bar in red indicates where P3 Health Partners's PB Ratio falls into.


PIII
47GF Score
P3 Health Partners Inc PIII
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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P3 Health Partners 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.

P3 Health Partners's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=10.28/-43.991
=

* 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.

Is P3 Health Partners (PIII) Overvalued in 2026?

Based on GuruFocus' analysis, P3 Health Partners stock appears to be overvalued. The current stock price of $10.28 is trading 11.5% above its estimated GF Value™ of $9.22. GuruFocus considers P3 Health Partners to be Modestly Overvalued.

Key valuation signals for PIII:

  • PB Ratio:
  • GF Value™: $9.22 vs. price of $10.28 (11.5% above fair value)
  • GF Score™: 47/100 with 7 warning signs

No single metric tells the full story. See the PIII stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


P3 Health Partners Business Description

Address 2370 Corporate Circle, Suite 300, Henderson, NV, USA, 89074
P3 Health Partners Inc is a patient-centered and physician-led population health management company. P3's model aggregates and supports the community's existing healthcare resources to build a network of community providers working together to deliver coordinated and integrated care to patients with a shared commitment to improving patient outcomes, lowering cost, and delivering experience for all. It includes utilization management, care management, disease education, and maintenance of a quality improvement and quality management program for members assigned to the Company. The Company is also responsible for the credentialing of its providers, processing and payment of claims, and the establishment of a provider network for certain health plans.
47GF Score

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PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$10.28
Price
$9.22
GF Value