The Pennant Group (PNTG)

P/B ratio as of September 2024 : 6.27

According to The Pennant Group's latest financial reports the company has a price-to-book ratio of 6.27.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

The Pennant Group - P/B ratio (from 2019 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	2.86	10.4%
2022-12-31	2.59	-54.96%
2021-12-31	5.76	-64.48%
2020-12-31	16.2	25.13%
2019-12-31	13.0
2018-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
Option Care Health OPCH	3.83	-38.90%	🇺🇸 USA
LHC Group LHCG	3.10	-50.50%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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The Pennant Group (PNTG) - P/B ratio