Viemed Healthcare (Viemed Healthcare) Price-to-Tangible-Book : 3.18 (As of May. 14, 2024)

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What is Viemed Healthcare Price-to-Tangible-Book?

As of today (2024-05-14), Viemed Healthcare's share price is $7.05. Viemed Healthcare's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $2.22. Hence, Viemed Healthcare's Price to Tangible Book Ratio of today is 3.18.

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

VMD' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.04 Med: 3.75 Max: 6.56
Current: 3.18

During the past 8 years, Viemed Healthcare's highest Price to Tangible Book Ratio was 6.56. The lowest was 2.04. And the median was 3.75.

VMD's Price-to-Tangible-Book is ranked worse than
56.3% of 698 companies
in the Medical Devices & Instruments industry
Industry Median: 2.75 vs VMD: 3.18

A closely related ratio is called PB Ratio. As of today, Viemed Healthcare's share price is $7.05. Viemed Healthcare's Book Value per Sharefor the quarter that ended in Mar. 2024 was $3.00. Hence, Viemed Healthcare's P/B Ratio of today is 2.35.

Viemed Healthcare Price-to-Tangible-Book Historical Data

The historical data trend for Viemed Healthcare'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.

Viemed Healthcare Price-to-Tangible-Book Chart

Viemed Healthcare Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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5.39

3.72

2.18

2.96

3.62

Viemed Healthcare Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															3.70	5.07	3.30	3.62	4.26

Competitive Comparison of Viemed Healthcare's Price-to-Tangible-Book

For the Medical Devices subindustry, Viemed Healthcare'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.

Viemed Healthcare's Price-to-Tangible-Book Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Viemed Healthcare's Price-to-Tangible-Book distribution charts can be found below:

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

Viemed Healthcare Price-to-Tangible-Book Calculation

Viemed Healthcare's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	7.05	/	2.215
	=	3.18

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.

Viemed Healthcare Price-to-Tangible-Book Related Terms

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

Viemed Healthcare (Viemed Healthcare) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Viemed Healthcare Inc (NAS:VMD) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

VIJ:Germany

Address

625 E. Kaliste Saloom Road, Lafayette, LA, USA, 70508

Website

https://www.viemed.com

Viemed Healthcare Inc is a provider of equipment and home therapy to patients with respiratory disease, oxygen problems, sleep apnea and PAP treatment. The company also provides services such as respiratory disease management, neuromuscular care, in-home sleep testing and sleep apnea treatment, oxygen therapy, respiratory equipment rentals, and healthcare staffing services.

Executives

Jeremy Trahan	officer: Chief Legal Officer	625 E. KALISTE SALOOM RD., LAFAYETTE LA 70508
Timothy Smokoff	director	625 E KALISTE SALOOM RD, LAFAYETTE LA 70508
Nitin Kaushal	director	625 E KALISTE SALOOM RD, LAFAYETTE LA 70508
Randy E. Dobbs	director	C/O VIEMED HEALTHCARE, INC, 625 E. KALISTE SALOOM RD, LAFAYETTE LA 70508
Bruce D Greenstein	director	901 HUGH WALLIS ROAD SOUTH, LAFAYETTE LA 70508
William Todd Zehnder	director, officer: Chief Operating Officer	400 E. KALISTE SALOOM ROAD, SUITE 6000, LAFAYETTE LA 70508
Casey Hoyt	director, officer: Chief Executive Officer	625 E. KALISTE SALOOM RD., LAFAYETTE LA 70508
Michael Moore	officer: President	625 E. KALISTE SALOOM RD., LAFAYETTE LA 70508
Trae Fitzgerald	officer: Chief Financial Officer	625 E KALISTE SALOOM RD, LAFAYETTE LA 70508
William Frazier	director, officer: Chief Medical Officer	625 E KALISTE SALOOM RD, LAFAYETTE LA 70508
Jerome Cambre	officer: Vice President of Sales	625 E KALISTE SALOOM RD, LAFAYETTE LA 70508
Sabrina Heltz	director	625 E. KALISTE SALOOM ROAD, LAFAYETTE LA 70508
Ewell Patrick Eagan	officer: General Counsel	625 E. KALISTE SALOOM ROAD, LAFAYETTE LA 70508