Molina Healthcare (STU:MHG) Price-to-Tangible-Book : 7.84 (As of May. 16, 2024)

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What is Molina Healthcare Price-to-Tangible-Book?

As of today (2024-05-16), Molina Healthcare's share price is €315.90. Molina Healthcare's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was €40.30. Hence, Molina Healthcare's Price to Tangible Book Ratio of today is 7.84.

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

STU:MHG' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.66 Med: 5.19 Max: 13.39
Current: 7.9

During the past 13 years, Molina Healthcare's highest Price to Tangible Book Ratio was 13.39. The lowest was 2.66. And the median was 5.19.

STU:MHG's Price-to-Tangible-Book is ranked worse than
60% of 15 companies
in the Healthcare Plans industry
Industry Median: 6.7 vs STU:MHG: 7.90

A closely related ratio is called PB Ratio. As of today, Molina Healthcare's share price is €315.90. Molina Healthcare's Book Value per Sharefor the quarter that ended in Mar. 2024 was €70.56. Hence, Molina Healthcare's P/B Ratio of today is 4.48.

Molina Healthcare Price-to-Tangible-Book Historical Data

The historical data trend for Molina Healthcare'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.

Molina Healthcare Price-to-Tangible-Book Chart

Molina Healthcare Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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4.62

10.37

13.46

12.02

7.30

Molina Healthcare Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															7.83	7.40	8.04	7.30	9.47

Competitive Comparison of Molina Healthcare's Price-to-Tangible-Book

For the Healthcare Plans subindustry, Molina Healthcare'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.

Molina Healthcare's Price-to-Tangible-Book Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Molina Healthcare's Price-to-Tangible-Book distribution charts can be found below:

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

Molina Healthcare Price-to-Tangible-Book Calculation

Molina Healthcare's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	315.90	/	40.296
	=	7.84

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.

Molina Healthcare Price-to-Tangible-Book Related Terms

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

Molina Healthcare (STU:MHG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » Molina Healthcare Inc (STU:MHG) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

MOH:USA MHG:Germany

Address

200 Oceangate, Suite 100, Long Beach, CA, USA, 90802

Website

https://www.molinahealthcare.com

Molina Healthcare Inc offers healthcare plans focused on Medicaid-related solutions for low-income families and individuals. Its health plans are operated by a network of subsidiaries, each of which is licensed as a health maintenance organization (HMO). In addition to its Health Plans segment, Molina has a Medicaid,Medicare, and Marketplace segment that represent the government-funded or sponsored programs under their management information systems. Molina's Medicaid plans receive revenue on a per-member per-month basis from state government agencies, and its Medicare Advantage plans receive revenue from managed care plans that contract with the Centers for Medicaid and Medicare (CMS). Molina also provides plans through health insurance exchanges.

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