GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » Medi Assist Healthcare Services Ltd (NSE:MEDIASSIST) » Definitions » Price-to-Tangible-Book

Medi Assist Healthcare Services (NSE:MEDIASSIST) Price-to-Tangible-Book : 16.07 (As of May. 11, 2024)


View and export this data going back to 2024. Start your Free Trial

What is Medi Assist Healthcare Services Price-to-Tangible-Book?

As of today (2024-05-11), Medi Assist Healthcare Services's share price is ₹484.95. Medi Assist Healthcare Services's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was ₹30.18. Hence, Medi Assist Healthcare Services's Price to Tangible Book Ratio of today is 16.07.

The historical rank and industry rank for Medi Assist Healthcare Services's Price-to-Tangible-Book or its related term are showing as below:

NSE:MEDIASSIST' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0   Med: 0   Max: 16.16
Current: 16.07

During the past 3 years, Medi Assist Healthcare Services's highest Price to Tangible Book Ratio was 16.16. The lowest was 0.00. And the median was 0.00.

NSE:MEDIASSIST's Price-to-Tangible-Book is ranked worse than
93.75% of 16 companies
in the Healthcare Plans industry
Industry Median: 6.55 vs NSE:MEDIASSIST: 16.07

A closely related ratio is called PB Ratio. As of today, Medi Assist Healthcare Services's share price is ₹484.95. Medi Assist Healthcare Services's Book Value per Sharefor the quarter that ended in Sep. 2023 was ₹59.31. Hence, Medi Assist Healthcare Services's P/B Ratio of today is 8.18.

Medi Assist Healthcare Services Price-to-Tangible-Book Historical Data

The historical data trend for Medi Assist Healthcare Services'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.

Medi Assist Healthcare Services Price-to-Tangible-Book Chart

Medi Assist Healthcare Services Annual Data
Trend Mar21 Mar22 Mar23
Price-to-Tangible-Book
- - -

Medi Assist Healthcare Services Semi-Annual Data
Mar21 Mar22 Sep22 Mar23 Sep23
Price-to-Tangible-Book - - - - -

Competitive Comparison of Medi Assist Healthcare Services's Price-to-Tangible-Book

For the Healthcare Plans subindustry, Medi Assist Healthcare Services'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.

Medi Assist Healthcare Services's Price-to-Tangible-Book Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Medi Assist Healthcare Services's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Medi Assist Healthcare Services's Price-to-Tangible-Book falls into.


Medi Assist Healthcare Services Price-to-Tangible-Book Calculation

Medi Assist Healthcare Services's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2023 )
=484.95/30.183
=16.07

* 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:

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.

Medi Assist Healthcare Services Price-to-Tangible-Book Related Terms

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

Medi Assist Healthcare Services (NSE:MEDIASSIST) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » Medi Assist Healthcare Services Ltd (NSE:MEDIASSIST) » Definitions » Price-to-Tangible-Book
Comparable Companies
Traded in Other Exchanges
544088:India
Address
Website
Medi Assist Healthcare Services Ltd is a HealthTech and InsurTech company focused on administering health benefits across employers, retail members, and public health schemes. Its clients are insurance companies and also serve as an intermediary between (a) general and health insurance companies and the insured members, (b) insurance companies and healthcare providers (such as hospitals), and (c) the Government and beneficiaries of public health schemes. The company derives income by providing health management services, software subscription, software license services, consultancy services and other allied services pertaining to healthcare and health insurance sector. It also offers business support services and other technical services.

Medi Assist Healthcare Services (NSE:MEDIASSIST) Headlines

No Headlines