Pro Medicus (ASX:PME) Price-to-Tangible-Book : 86.84 (As of May. 12, 2024)

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What is Pro Medicus Price-to-Tangible-Book?

As of today (2024-05-12), Pro Medicus's share price is A$115.15. Pro Medicus's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$1.33. Hence, Pro Medicus's Price to Tangible Book Ratio of today is 86.84.

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

ASX:PME' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4.27 Med: 51.59 Max: 99.19
Current: 86.84

During the past 13 years, Pro Medicus's highest Price to Tangible Book Ratio was 99.19. The lowest was 4.27. And the median was 51.59.

ASX:PME's Price-to-Tangible-Book is ranked worse than
98.75% of 481 companies
in the Healthcare Providers & Services industry
Industry Median: 3.3 vs ASX:PME: 86.84

A closely related ratio is called PB Ratio. As of today, Pro Medicus's share price is A$115.15. Pro Medicus's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$1.52. Hence, Pro Medicus's P/B Ratio of today is 75.56.

Pro Medicus Price-to-Tangible-Book Historical Data

The historical data trend for Pro Medicus'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.

Pro Medicus Price-to-Tangible-Book Chart

Pro Medicus Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Tangible-Book

Get a 7-Day Free Trial

84.30

66.48

99.19

55.45

58.40

Pro Medicus Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															88.07	55.45	60.86	58.40	72.27

Competitive Comparison of Pro Medicus's Price-to-Tangible-Book

For the Health Information Services subindustry, Pro Medicus'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.

Pro Medicus's Price-to-Tangible-Book Distribution in the Healthcare Providers & Services Industry

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

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

Pro Medicus Price-to-Tangible-Book Calculation

Pro Medicus's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	115.15	/	1.326
	=	86.84

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.

Pro Medicus Price-to-Tangible-Book Related Terms

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

Pro Medicus (ASX:PME) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Pro Medicus Ltd (ASX:PME) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

PMCUF:USA PMC:Germany

Address

450 Swan Street, Richmond, Melbourne, VIC, AUS, 3121

Website

https://www.promed.com.au

Pro Medicus is a healthcare IT company specializing in radiology imaging software. Its main product, Visage 7, is a clinical desktop application that radiologists use to view, enhance, and manipulate images from any device and make a diagnosis. Its main customers are U.S. private academic hospitals. In fiscal 2022, Pro Medicus earned 79% of revenue in North America, 16% from Australia, and the remaining 6% in Europe.