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Enlitic (ASX:ENL) PB Ratio : 1.38 (As of May. 26, 2024)


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What is Enlitic PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-26), Enlitic's share price is A$0.26. Enlitic's Book Value per Share for the quarter that ended in . 20 was A$0.19. Hence, Enlitic's PB Ratio of today is 1.38.

The historical rank and industry rank for Enlitic's PB Ratio or its related term are showing as below:

ASX:ENL's PB Ratio is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 2.18
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Enlitic PB Ratio Historical Data

The historical data trend for Enlitic's PB 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.

* Premium members only.

Enlitic PB Ratio Chart

Enlitic Annual Data
Trend Dec23
PB Ratio
4.55

Enlitic Quarterly Data
Dec23
PB Ratio 4.55

Competitive Comparison of Enlitic's PB Ratio

For the Health Information Services subindustry, Enlitic's PB Ratio, along with its competitors' market caps and PB 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.


Enlitic's PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Enlitic's PB Ratio distribution charts can be found below:

* The bar in red indicates where Enlitic's PB Ratio falls into.



Enlitic PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Enlitic's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: . 20)
=0.26/0.189
=1.38

* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Enlitic  (ASX:ENL) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Enlitic PB Ratio Related Terms

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Enlitic (ASX:ENL) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
3420 East Harmony Road, Suite 125, Fort Collins, CO, USA, 80528
Enlitic Inc is focused on artificial intelligence that enables effective administration, processing, and sharing of medical imaging data throughout the healthcare enterprise. It is also focused on developing tools that solve longstanding challenges in radiology rather than developing point solutions that exacerbate the issues radiology faces. Enlitic provides a solid plan that addresses data inconsistencies and risk associated with moving studies containing PHI and is focused on using AI for the medical imaging layer of a real-world evidence (RWE), providing healthcare organizations with a stepwise approach to operationalizing their AI.

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