Netcare (Netcare) PB Ratio : 1.43 (As of May. 03, 2024)

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What is Netcare 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 (2024-05-03), Netcare's share price is $6.00. Netcare's Book Value per Share for the quarter that ended in Sep. 2023 was $4.19. Hence, Netcare's PB Ratio of today is 1.43.

Good Sign:

Netcare Ltd stock PB Ratio (=1.47) is close to 10-year low of 1.42

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

NWKHY' s PB Ratio Range Over the Past 10 Years
Min: 1.42 Med: 3.4 Max: 34.95
Current: 1.47

During the past 13 years, Netcare's highest PB Ratio was 34.95. The lowest was 1.42. And the median was 3.40.

NWKHY's PB Ratio is ranked better than
67.45% of 599 companies
in the Healthcare Providers & Services industry
Industry Median: 2.24 vs NWKHY: 1.47

During the past 12 months, Netcare's average Book Value Per Share Growth Rate was 3.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 2.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Netcare was 123.20% per year. The lowest was -39.70% per year. And the median was 6.30% per year.

Back to Basics: PB Ratio

Netcare PB Ratio Historical Data

The historical data trend for Netcare'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.

Netcare PB Ratio Chart

Netcare Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

PB Ratio

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2.60

3.22

2.17

2.14

1.70

Netcare Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
PB Ratio	Get a 7-Day Free Trial															2.17	1.72	2.14	1.75	1.70

Competitive Comparison of Netcare's PB Ratio

For the Medical Care Facilities subindustry, Netcare'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.

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

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

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

Netcare 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2023)
	=	6.00	/	4.192
	=	1.43

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

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Netcare (OTCPK:NWKHY) 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.

Netcare PB Ratio Related Terms

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Netcare (Netcare) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Netcare Ltd (OTCPK:NWKHY) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

NTCP.PFD:South Africa NTC:South Africa

Address

76 Maude Street, Corner West Street, Sandton, Johannesburg, GT, ZAF, 2196

Website

https://www.netcare.co.za

Netcare Ltd operates a network of hospitals in South Africa. Its network also includes emergency, cancer care, diagnostic support, primary care, and renal care services as well as occupational health and wellness services. The firm operates in two segments: Hospital and emergency services and Primary Care. The Hospital and emergency services segment contributes to majority of the firm's revenue. Netcare's services include Netcare appointmed TM, Netcare Cancer Care, Netcare Family Connect Line, Netcare Occupational Health and Netcare Pharmacy.