As of today (2024-05-25), PetIQ's share price is $19.80. PetIQ's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $-4.04. Hence, PetIQ's Price to Tangible Book Ratio of today is .
The historical rank and industry rank for PetIQ's Price-to-Tangible-Book or its related term are showing as below:
During the past 9 years, PetIQ's highest Price to Tangible Book Ratio was 12.53. The lowest was 4.95. And the median was 10.56.
PETQ's Price-to-Tangible-Book is not ranked *
in the Drug Manufacturers industry.
Industry Median: 2.3 * Ranked among companies with meaningful Price-to-Tangible-Book only.
A closely related ratio is called PB Ratio. As of today, PetIQ's share price is $19.80. PetIQ's Book Value per Sharefor the quarter that ended in Mar. 2024 was $8.01. Hence, PetIQ's P/B Ratio of today is 2.47.
PetIQ Price-to-Tangible-Book Historical Data
The historical data trend for PetIQ'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.
Competitive Comparison of PetIQ's Price-to-Tangible-Book
For the Drug Manufacturers - Specialty & Generic subindustry, PetIQ'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.
PetIQ's Price-to-Tangible-Book Distribution in the Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, PetIQ's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where PetIQ's Price-to-Tangible-Book falls into.
PetIQ Price-to-Tangible-Book Calculation
PetIQ's price-to-tangible-book ratio for today is calculated as:
* 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.
PetIQ Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of PetIQ's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
PetIQ Inc is a manufacturer and distributor of health and wellness products for dogs and cats. The company offers veterinarian-grade pet Rx medications, OTC flea and tick preventatives, vitamins treats, nutritional supplements, and hygiene products. The group operates in two segments namely the Products and Services segments. It also provides third-party products to retailers which for a long time were primarily available from veterinary clinics only. Its proprietary brands include PetIQ, PetArmor, VIP Petcare, VetIQ PetCare, VetIQ, Capstar, Advecta, SENTRY, Sergeants, TruProfen, Betsy Farms, PetAction, Minties, Vera and Delightibles. The company generates maximum revenue from Products segment.
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