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Medibank Private (ASX:MPL) Price-to-Tangible-Book : 4.84 (As of Apr. 30, 2024)


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What is Medibank Private Price-to-Tangible-Book?

As of today (2024-04-30), Medibank Private's share price is A$3.56. Medibank Private's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.74. Hence, Medibank Private's Price to Tangible Book Ratio of today is 4.84.

The historical rank and industry rank for Medibank Private's Price-to-Tangible-Book or its related term are showing as below:

ASX:MPL' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4.69   Med: 5.57   Max: 6.41
Current: 4.81

During the past 9 years, Medibank Private's highest Price to Tangible Book Ratio was 6.41. The lowest was 4.69. And the median was 5.57.

ASX:MPL's Price-to-Tangible-Book is ranked worse than
89.52% of 458 companies
in the Insurance industry
Industry Median: 1.345 vs ASX:MPL: 4.81

A closely related ratio is called PB Ratio. As of today, Medibank Private's share price is A$3.56. Medibank Private's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.85. Hence, Medibank Private's P/B Ratio of today is 4.17.


Medibank Private Price-to-Tangible-Book Historical Data

The historical data trend for Medibank Private's Price-to-Tangible-Book 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.

Medibank Private Price-to-Tangible-Book Chart

Medibank Private Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only 6.29 5.77 5.57 5.55 5.52

Medibank Private Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Price-to-Tangible-Book 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 5.77 5.55 4.92 5.52 4.84

Competitive Comparison of Medibank Private's Price-to-Tangible-Book

For the Insurance - Specialty subindustry, Medibank Private's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.


Medibank Private's Price-to-Tangible-Book Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Medibank Private's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Medibank Private's Price-to-Tangible-Book falls into.



Medibank Private Price-to-Tangible-Book Calculation

Medibank Private's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=3.56/0.736
=4.84

* 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 PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Medibank Private Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Medibank Private's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Medibank Private (ASX:MPL) Business Description

Traded in Other Exchanges
Address
720 Bourke Street, Level 6, Docklands, VIC, AUS, 3008
Previously owned by the Australian government, Medibank is the largest health insurer in Australia. Its two brands, Medibank Private and ahm, cover around 5 million people. Medibank and Australia's fourth-largest health fund NIB Holdings are the only listed health insurers. In addition to private health insurance, the firm provides life, pet, and travel insurance, as well as health insurance for overseas students and temporary overseas workers. The Medibank Health division provides healthcare services to businesses, governments, and communities across Australia and New Zealand.

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