Nova Leap Health (TSXV:NLH) Price-to-Tangible-Book : 5.88 (As of May. 21, 2024)

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What is Nova Leap Health Price-to-Tangible-Book?

As of today (2024-05-21), Nova Leap Health's share price is C$0.30. Nova Leap Health's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was C$0.05. Hence, Nova Leap Health's Price to Tangible Book Ratio of today is 5.88.

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

TSXV:NLH' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4.86 Med: 8.41 Max: 30.45
Current: 6

During the past 7 years, Nova Leap Health's highest Price to Tangible Book Ratio was 30.45. The lowest was 4.86. And the median was 8.41.

TSXV:NLH's Price-to-Tangible-Book is ranked worse than
71.52% of 481 companies
in the Healthcare Providers & Services industry
Industry Median: 3.24 vs TSXV:NLH: 6.00

A closely related ratio is called PB Ratio. As of today, Nova Leap Health's share price is C$0.30. Nova Leap Health's Book Value per Sharefor the quarter that ended in Mar. 2024 was C$0.29. Hence, Nova Leap Health's P/B Ratio of today is 1.05.

Nova Leap Health Price-to-Tangible-Book Historical Data

The historical data trend for Nova Leap Health'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.

Nova Leap Health Price-to-Tangible-Book Chart

Nova Leap Health Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Price-to-Tangible-Book

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10.42

Nova Leap Health Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															10.42	9.57	5.30	4.86	5.20

Competitive Comparison of Nova Leap Health's Price-to-Tangible-Book

For the Medical Care Facilities subindustry, Nova Leap Health'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.

Nova Leap Health's Price-to-Tangible-Book Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Nova Leap Health's Price-to-Tangible-Book falls into.

Nova Leap Health Price-to-Tangible-Book Calculation

Nova Leap Health's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	0.30	/	0.051
	=	5.88

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.

Nova Leap Health Price-to-Tangible-Book Related Terms

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

Nova Leap Health (TSXV:NLH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Nova Leap Health Corp (TSXV:NLH) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

NVLPF:USA

Address

7071 Bayers Road, Suite 3006, Halifax, NS, CAN, B3L 2C2

Website

https://www.novaleaphealth.com

Nova Leap Health Corp operates in the healthcare industry. The company is a provider of personal home care and support services. The principal business activities of the company and its subsidiaries are to provide skilled and non-medical home care to clients. Its service offering includes meal preparation, housekeeping, transportation, personal care, and medication reminders. Its segments comprise Canadian and U.S operations. The company derives a majority of its revenue from the United States.

Executives

Christopher Donald Dobbin

Director, Senior Officer

Nova Leap Health (TSXV:NLH) Headlines

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