Diversified Healthcare Trust (Diversified Healthcare Trust) PB Ratio

: 0.25 (As of Today)

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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 (2024-04-20), Diversified Healthcare Trust's share price is $2.42. Diversified Healthcare Trust's Book Value per Share for the quarter that ended in Dec. 2023 was $9.72. Hence, Diversified Healthcare Trust's PB Ratio of today is 0.25.

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

DHC' s PB Ratio Range Over the Past 10 Years
Min: 0.06 Med: 0.99 Max: 1.86
Current: 0.25

During the past 13 years, Diversified Healthcare Trust's highest PB Ratio was 1.86. The lowest was 0.06. And the median was 0.99.

DHC's PB Ratio is ranked better than
96.14% of 855 companies
in the REITs industry
Industry Median: 0.83 vs DHC: 0.25

During the past 12 months, Diversified Healthcare Trust's average Book Value Per Share Growth Rate was -11.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -2.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -4.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -4.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Diversified Healthcare Trust was 5.50% per year. The lowest was -18.80% per year. And the median was -1.75% per year.

Back to Basics: PB Ratio

Diversified Healthcare Trust PB Ratio Historical Data

The historical data trend for Diversified Healthcare Trust'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.

Diversified Healthcare Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

0.71

0.39

0.28

0.06

0.38

Diversified Healthcare Trust Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio																0.06	0.13	0.22	0.19	0.38

Competitive Comparison

For the REIT - Healthcare Facilities subindustry, Diversified Healthcare Trust'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.

Diversified Healthcare Trust PB Ratio Distribution

For the REITs industry and Real Estate sector, Diversified Healthcare Trust's PB Ratio distribution charts can be found below:

* The bar in red indicates where Diversified Healthcare Trust's PB Ratio falls into.

Diversified Healthcare Trust 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.

Diversified Healthcare Trust's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	2.42	/	9.72
	=	0.25

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.

Diversified Healthcare Trust (NAS:DHC) 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.

Diversified Healthcare Trust PB Ratio Related Terms

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Diversified Healthcare Trust (Diversified Healthcare Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Diversified Healthcare Trust (NAS:DHC) » Definitions » PB Ratio

Comparable Companies

GMRE CHTH UHT CHCT HLTC CVMCA NHHS STRW LTC AHR WELL VTR DOC OHI HR SBRA CTRE XBRU:AED MPW NHI

Traded in Other Exchanges

SNF:Germany

Address

255 Washington Street, Suite 300, Two Newton Place, Newton, MA, USA, 02458-1634

Website

https://www.dhcreit.com

Diversified Healthcare Trust is a real estate investment trust that focuses on healthcare-related properties, including life science estates, medical offices, and senior living communities. It acquires and owns properties and is engaged in the development and implementation of medical services and technologies. It operates through two segments: its office portfolio and its senior housing operating portfolio. The office portfolio includes medical office properties leased to medical-related businesses and life sciences properties. The SHOP segment runs communities that offer multiple types of residential care, ranging from independent living to nursing services. DHT operates across the United States and the majority of its revenue derives from rents and medical programs.

Executives

Matthew C. Brown	officer: CFO and Treasurer	C/O OFFICE PROPERTIES INCOME TRUST, TWO NEWTON PLACE, 255 WASHINGTON STREET, NEWTON MA 02458
Phyllis M. Hollis	director	TWO NEWTON PLACE, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458-1634
David A Pierce	director	BOSTON SCIENTIFIC CORPORATION, 300 BOSTON SCIENTIFIC WAY, MARLBOROUGH MA 01752-1234
John L Harrington	director	C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Daniel F. Lepage	director	C/O THE RMR GROUP LLC, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458
Jennifer F. Mintzer	officer: President and COO	C/O DIVERSIFIED HEALTHCARE TRUST, TWO NEWTON PL., 255 WASHINGTON STREET, NEWTON MA 02458
Jennifer B Clark	director
Siedel Richard W. Jr.	officer: Treasurer and C.F.O.	C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Lisa Harris Jones	director	C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Jeffrey P. Somers	director	C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Doyle Richard A Jr	officer: Treasurer and CFO	C/O FIVE STAR QUALITY CARE, INC., 400 CENTRE STREET, NEWTON MA 02458
Adam D. Portnoy	director	C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
John R Hoadley	officer: Treasurer & CFO
David J Hegarty	officer: President & COO	C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Frank J Bailey	director	C/O REIT MANAGEMENT & RESEARCH LLC, 400 CENTRE STREET, NEWTON MA 02458