PACS Group (PACS Group) Price-to-Tangible-Book : 71.70 (As of May. 31, 2024)

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What is PACS Group Price-to-Tangible-Book?

As of today (2024-05-31), PACS Group's share price is $30.40. PACS Group's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $0.42. Hence, PACS Group's Price to Tangible Book Ratio of today is 71.70.

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

PACS' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0 Med: 0 Max: 72.38
Current: 72.38

During the past 3 years, PACS Group's highest Price to Tangible Book Ratio was 72.38. The lowest was 0.00. And the median was 0.00.

PACS's Price-to-Tangible-Book is ranked worse than
98.32% of 475 companies
in the Healthcare Providers & Services industry
Industry Median: 3.11 vs PACS: 72.38

A closely related ratio is called PB Ratio. As of today, PACS Group's share price is $30.40. PACS Group's Book Value per Sharefor the quarter that ended in Mar. 2024 was $0.87. Hence, PACS Group's P/B Ratio of today is 35.10.

PACS Group Price-to-Tangible-Book Historical Data

The historical data trend for PACS Group'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.

PACS Group Price-to-Tangible-Book Chart

PACS Group Annual Data

Trend

Dec21

Dec22

Dec23

Price-to-Tangible-Book

PACS Group Quarterly Data
	Dec21	Dec22	Mar23	Dec23	Mar24
Price-to-Tangible-Book	-	-	-	-	-

Competitive Comparison of PACS Group's Price-to-Tangible-Book

For the Medical Care Facilities subindustry, PACS Group'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.

PACS Group's Price-to-Tangible-Book Distribution in the Healthcare Providers & Services Industry

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

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

PACS Group Price-to-Tangible-Book Calculation

PACS Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	30.40	/	0.424
	=	71.70

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.

PACS Group Price-to-Tangible-Book Related Terms

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

PACS Group (PACS Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » PACS Group Inc (NYSE:PACS) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

262 N. University Avenue, Farmington, UT, USA, 84025

Website

https://www.pacs.com

PACS Group Inc is a post-acute healthcare company primarily focused on delivering high-quality skilled nursing care through a portfolio of independently operated facilities Its is a nursing providers in the United States based on number of facilities, with over 200 post-acute care facilities across nine states serving over 20,000 patients daily. It also provide senior care, assisted living, and independent living options in some of communities.

PACS Group (PACS Group) Headlines

From GuruFocus

PACS Group, Inc. Announces Pricing of Its Upsized Initial Public Offering

By Business Wire • 04-11-2024