Third Age Health Services (NZSE:TAH) Price-to-Tangible-Book : (As of Jun. 07, 2024)

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What is Third Age Health Services Price-to-Tangible-Book?

As of today (2024-06-07), Third Age Health Services's share price is NZ$1.43. Third Age Health Services's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was NZ$-0.13. Hence, Third Age Health Services's Price to Tangible Book Ratio of today is .

The historical rank and industry rank for Third Age Health Services's Price-to-Tangible-Book or its related term are showing as below:

During the past 4 years, Third Age Health Services's highest Price to Tangible Book Ratio was 35.50. The lowest was 19.18. And the median was 27.34.

NZSE:TAH's Price-to-Tangible-Book is not ranked ^*
in the Healthcare Providers & Services industry.
Industry Median: 3.135
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Third Age Health Services's share price is NZ$1.43. Third Age Health Services's Book Value per Sharefor the quarter that ended in Mar. 2024 was NZ$0.29. Hence, Third Age Health Services's P/B Ratio of today is 5.02.

Third Age Health Services Price-to-Tangible-Book Historical Data

The historical data trend for Third Age Health Services'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.

Third Age Health Services Price-to-Tangible-Book Chart

Third Age Health Services Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Price-to-Tangible-Book

19.18

35.50

Third Age Health Services Semi-Annual Data
	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial			35.50	56.29	-	-	-

Competitive Comparison of Third Age Health Services's Price-to-Tangible-Book

For the Medical Care Facilities subindustry, Third Age Health Services'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.

Third Age Health Services's Price-to-Tangible-Book Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Third Age Health Services's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Third Age Health Services's Price-to-Tangible-Book falls into.

Third Age Health Services Price-to-Tangible-Book Calculation

Third Age Health Services's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	1.43	/	-0.134
	=

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Third Age Health Services Price-to-Tangible-Book Related Terms

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

Third Age Health Services (NZSE:TAH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Third Age Health Services Ltd (NZSE:TAH) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

536 Kennedy Road, Greenmeadows, Napier, NZL, 4112

Website

https://www.thirdagehealth.co.nz

Third Age Health Services Ltd is engaged in providing health care services to older adults residing in Aged Residential Care. Its services include 24/7 access to a doctor, Regular, scheduled rounds by a Practitioner, and Guaranteed locum cover.