P3 Health PartnersPIII -9.28%47 Quick Ratio is 0.33 as of Mar. 2026, which is 40% below its 10-year median of 0.55. GuruFocus rates PIII with a GF Score™ of 47/100 and a GF Value™ of $9.22 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 678 Healthcare Providers & Services companies, P3 Health Partners ranks worse than 92.92% on this metric.
P3 Health Partners has a quick ratio of 0.33. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for P3 Health Partners's Quick Ratio or its related term are showing as below:
PIII'
s Quick Ratio Range Over the Past 10 Years
Min: 0.24 Med: 0.55 Max: 1.01
Current: 0.33
During the past 8 years, P3 Health Partners's highest Quick Ratio was 1.01. The lowest was 0.24. And the median was 0.55.
PIII's Quick Ratio is ranked worse than 92.92% of 678
companies
in the Healthcare Providers & Services industry
Industry Median: 1.325
vs PIII: 0.33
P3 Health Partners (NAS:PIII) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
P3 Health Partners Quick Ratio Related Terms
P3 Health Partners Quick Ratio Historical Data
* Premium members only.
The historical data trend for P3 Health Partners's Quick 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.
For the Medical Care Facilities subindustry, P3 Health Partners's Quick Ratio, along with its competitors' market caps and Quick 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 Quick Ratio vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, P3 Health Partners's Quick Ratio distribution charts can be found below:
* The bar in red indicates where P3 Health Partners's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
P3 Health Partners's Quick Ratio for the fiscal year that ended in Dec. 2025 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.
P3 Health Partners (PIII) has a Quick Ratio of 0.33 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on P3 Health Partners and its competitors. This is 40% below median its historical median of 0.55. Over the past decade, P3 Health Partners' Quick Ratio has ranged from 0.24 to 1.01. According to the industry distribution chart, P3 Health Partners ranks #630 out of 678 companies in the Healthcare Providers & Services industry, placing it in the top 92.9%.
Is P3 Health Partners' Quick Ratio too high?
P3 Health Partners' current Quick Ratio of 0.33 is 40% below median its 10-year median of 0.55. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 1.01. The Healthcare Providers & Services industry median Quick Ratio is 1.33. P3 Health Partners' value of 0.33 is 75.1% below this industry median. Based on the distribution chart, P3 Health Partners ranks #630 out of 678 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers. Overall, P3 Health Partners has a GF Score™ of 47/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does P3 Health Partners' Quick Ratio compare to EHSI and CDIX?
According to the Healthcare Providers & Services industry distribution chart, P3 Health Partners ranks #630 out of 678 companies for Quick Ratio. This places P3 Health Partners in the lower half of its industry. The industry median Quick Ratio is 1.33. P3 Health Partners' value of 0.33 is 75.1% below this benchmark. Historically, P3 Health Partners' own Quick Ratio has ranged from 0.24 to 1.01 over the past decade. While the company's 10-year median is 0.55 vs. the industry median of 1.33, P3 Health Partners has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for a Healthcare Providers & Services company?
The median Quick Ratio among Healthcare Providers & Services companies is 1.33, based on 678 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. P3 Health Partners's current Quick Ratio of 0.33 is 75.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on P3 Health Partners and its competitors. For the Healthcare Providers & Services industry, the median Quick Ratio is 1.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. P3 Health Partners's current Quick Ratio is 0.33, which is 40% below median its own 10-year median of 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is P3 Health Partners stock overvalued right now?
Based on GuruFocus' analysis, P3 Health Partners (PIII) is currently considered Modestly Overvalued. The stock's GF Value™ is $9.22, compared to a current price of $10.32 — trading 11.9% above its estimated fair value. The current Quick Ratio is 0.33, which is 40% below median its 10-year median of 0.55 and 75.1% below the Healthcare Providers & Services industry median of 1.33. P3 Health Partners' overall GF Score™ is 47/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For P3 Health Partners (PIII), the current Quick Ratio is 0.33 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
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 $10.32 is trading 11.9% above its estimated GF Value™ of $9.22.
GuruFocus considers P3 Health Partners to be Modestly Overvalued.
Key valuation signals for PIII:
Quick Ratio: 0.33 (40% below median its 10-year median of 0.55)
GF Value™: $9.22 vs. price of $10.32 (11.9% above fair value)
Industry Position: 75.1% below the Healthcare Providers & Services median (#630 of 678)
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 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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