Health Care Technology Companies By Pb Ratio

Price To Book
Price To BookEfficiencyMarket RiskExp Return
1RNLX Renalytix AI
20.68
 0.13 
 33.33 
 4.48 
2INSP Inspire Medical Systems
12.26
 0.09 
 3.20 
 0.29 
3VEEV Veeva Systems Class
7.18
(0.01)
 1.52 
(0.01)
4DOCS Doximity
5.58
(0.09)
 1.88 
(0.16)
5PHR Phreesia
5.29
(0.06)
 3.11 
(0.19)
6SLP Simulations Plus
5.25
 0.11 
 3.90 
 0.42 
7GDRX Goodrx HoldingsInc
3.54
 0.08 
 3.73 
 0.31 
8SDGR Schrodinger
3.49
(0.02)
 4.33 
(0.08)
9EVH Evolent Health
3.21
(0.03)
 2.44 
(0.08)
10CERT Certara
2.7
 0.06 
 2.62 
 0.16 
11HSTM HealthStream
2.21
 0.03 
 1.84 
 0.06 
12ICCT iCoreConnect Common stock
1.85
(0.05)
 7.57 
(0.38)
13OPRX OPTIMIZERx Corp
1.68
(0.12)
 3.64 
(0.45)
14ACCD AccoladeInc
1.47
(0.18)
 3.89 
(0.70)
15ICAD icad inc
1.33
 0.05 
 5.91 
 0.29 
16MYND MYnd Analytics
1.29
(0.17)
 5.03 
(0.85)
17OMCL Omnicell
1.05
(0.01)
 2.86 
(0.02)
18TDOC Teladoc
1.03
(0.13)
 3.86 
(0.52)
19DH Definitive Healthcare Corp
1.01
(0.08)
 2.99 
(0.23)
20STRM Streamline Health Solutions
0.99
(0.02)
 7.61 
(0.16)
The analysis above is based on a 90-day investment horizon and a default level of risk. Use the Portfolio Analyzer to fine-tune all your assumptions. Check your current assumptions here.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities. Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.