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Nordhealth AS (OSL:NORDH) Price-to-Tangible-Book : 11.15 (As of May. 31, 2024)


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What is Nordhealth AS Price-to-Tangible-Book?

As of today (2024-05-31), Nordhealth AS's share price is kr32.20. Nordhealth AS's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was kr2.89. Hence, Nordhealth AS's Price to Tangible Book Ratio of today is 11.15.

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

OSL:NORDH' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4.54   Med: 5.56   Max: 12.08
Current: 11.14

During the past 4 years, Nordhealth AS's highest Price to Tangible Book Ratio was 12.08. The lowest was 4.54. And the median was 5.56.

OSL:NORDH's Price-to-Tangible-Book is ranked worse than
88% of 475 companies
in the Healthcare Providers & Services industry
Industry Median: 3.11 vs OSL:NORDH: 11.14

A closely related ratio is called PB Ratio. As of today, Nordhealth AS's share price is kr32.20. Nordhealth AS's Book Value per Sharefor the quarter that ended in Mar. 2024 was kr11.50. Hence, Nordhealth AS's P/B Ratio of today is 2.80.


Nordhealth AS Price-to-Tangible-Book Historical Data

The historical data trend for Nordhealth AS'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.

Nordhealth AS Price-to-Tangible-Book Chart

Nordhealth AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
- 4.71 5.58 8.04

Nordhealth AS Quarterly Data
Jun20 Sep20 Dec20 Apr21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.54 6.63 6.87 8.04 10.66

Competitive Comparison of Nordhealth AS's Price-to-Tangible-Book

For the Health Information Services subindustry, Nordhealth AS'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.


Nordhealth AS's Price-to-Tangible-Book Distribution in the Healthcare Providers & Services Industry

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

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



Nordhealth AS Price-to-Tangible-Book Calculation

Nordhealth AS's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=32.20/2.889
=11.15

* 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 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.


Nordhealth AS Price-to-Tangible-Book Related Terms

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


Nordhealth AS (OSL:NORDH) Business Description

Traded in Other Exchanges
Address
Strandveien 50, Lysaker, Oslo, NOR, 1366
Nordhealth AS is a cloud-based healthcare Software-as-a-Service business. Its flagship products are Provet Cloud and EasyPractice, both leading cloud-based Practice Management Software for veterinarians and therapists, respectively. It builds software that empowers healthcare professionals to improve patient care, increase efficiency and expand their business.

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