Healthcare Ptb Ratio vs Net Income Per Share Analysis

HCSG Stock  USD 11.93  0.25  2.14%   
Healthcare Services financial indicator trend analysis is much more than just examining Healthcare Services latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Healthcare Services is a good investment. Please check the relationship between Healthcare Services Ptb Ratio and its Net Income Per Share accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Healthcare Services Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Ptb Ratio vs Net Income Per Share

Ptb Ratio vs Net Income Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Healthcare Services Ptb Ratio account and Net Income Per Share. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Healthcare Services' Ptb Ratio and Net Income Per Share is 0.43. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Net Income Per Share in the same time period over historical financial statements of Healthcare Services Group, assuming nothing else is changed. The correlation between historical values of Healthcare Services' Ptb Ratio and Net Income Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Healthcare Services Group are associated (or correlated) with its Net Income Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per Share has no effect on the direction of Ptb Ratio i.e., Healthcare Services' Ptb Ratio and Net Income Per Share go up and down completely randomly.

Correlation Coefficient

0.43
Relationship DirectionPositive 
Relationship StrengthWeak

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Net Income Per Share

Most indicators from Healthcare Services' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Healthcare Services current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Healthcare Services Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
At this time, Healthcare Services' Enterprise Value Over EBITDA is most likely to drop in the upcoming years. The Healthcare Services' current Enterprise Value Multiple is estimated to increase to 12.22, while Issuance Of Capital Stock is projected to decrease to roughly 27.6 K.
 2021 2022 2023 2024 (projected)
Gross Profit226.9M193.8M251.5M264.0M
Total Revenue1.6B1.7B1.7B1.8B

Healthcare Services fundamental ratios Correlations

0.020.840.960.990.890.040.790.250.980.620.780.930.780.950.340.270.990.990.761.0-0.120.520.930.660.65
0.02-0.060.050.05-0.20.140.14-0.11-0.090.0-0.230.190.49-0.110.480.460.05-0.02-0.140.070.970.170.150.590.58
0.84-0.060.840.820.740.120.690.140.80.380.590.820.640.80.370.360.810.850.590.85-0.160.640.810.530.53
0.960.050.840.920.850.150.660.160.950.730.670.940.670.880.20.180.940.980.80.95-0.090.480.980.560.52
0.990.050.820.920.870.020.840.260.960.570.780.920.820.930.410.330.980.950.710.99-0.080.540.890.710.7
0.89-0.20.740.850.87-0.110.650.340.920.720.810.770.60.890.03-0.040.860.890.880.86-0.350.210.780.50.47
0.040.140.120.150.02-0.11-0.1-0.930.00.03-0.510.34-0.12-0.08-0.070.220.070.060.080.050.160.140.25-0.15-0.18
0.790.140.690.660.840.65-0.10.350.730.210.670.690.850.710.570.470.760.70.430.80.020.580.60.830.82
0.25-0.110.140.160.260.34-0.930.350.290.190.73-0.060.30.330.1-0.210.20.230.160.24-0.190.010.050.330.33
0.98-0.090.80.950.960.920.00.730.290.650.780.880.70.940.220.170.970.970.830.95-0.240.480.90.580.56
0.620.00.380.730.570.720.030.210.190.650.50.610.250.56-0.32-0.360.580.680.760.6-0.12-0.140.710.210.12
0.78-0.230.590.670.780.81-0.510.670.730.780.50.520.590.850.15-0.090.740.760.630.77-0.360.210.560.50.5
0.930.190.820.940.920.770.340.69-0.060.880.610.520.740.830.370.380.940.920.680.940.070.550.960.620.6
0.780.490.640.670.820.6-0.120.850.30.70.250.590.740.710.740.630.780.710.420.80.380.60.660.960.98
0.95-0.110.80.880.930.89-0.080.710.330.940.560.850.830.710.280.180.960.960.750.94-0.260.450.830.580.58
0.340.480.370.20.410.03-0.070.570.10.22-0.320.150.370.740.280.920.370.24-0.250.390.520.750.240.690.76
0.270.460.360.180.33-0.040.220.47-0.210.17-0.36-0.090.380.630.180.920.30.19-0.230.310.520.780.250.580.65
0.990.050.810.940.980.860.070.760.20.970.580.740.940.780.960.370.30.980.740.98-0.090.560.920.660.65
0.99-0.020.850.980.950.890.060.70.230.970.680.760.920.710.960.240.190.980.810.98-0.160.480.950.580.56
0.76-0.140.590.80.710.880.080.430.160.830.760.630.680.420.75-0.25-0.230.740.810.72-0.320.030.750.340.3
1.00.070.850.950.990.860.050.80.240.950.60.770.940.80.940.390.310.980.980.72-0.060.530.920.680.67
-0.120.97-0.16-0.09-0.08-0.350.160.02-0.19-0.24-0.12-0.360.070.38-0.260.520.52-0.09-0.16-0.32-0.060.160.020.480.48
0.520.170.640.480.540.210.140.580.010.48-0.140.210.550.60.450.750.780.560.480.030.530.160.520.520.56
0.930.150.810.980.890.780.250.60.050.90.710.560.960.660.830.240.250.920.950.750.920.020.520.550.52
0.660.590.530.560.710.5-0.150.830.330.580.210.50.620.960.580.690.580.660.580.340.680.480.520.550.99
0.650.580.530.520.70.47-0.180.820.330.560.120.50.60.980.580.760.650.650.560.30.670.480.560.520.99
Click cells to compare fundamentals

Healthcare Services Account Relationship Matchups

Healthcare Services fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets722.6M785.0M777.5M718.3M790.7M830.2M
Short Long Term Debt Total11.6M11.4M11.3M33.1M36.2M20.5M
Other Current Liab125.4M110.0M126.7M95.7M101.5M106.6M
Total Current Liabilities148.7M162.3M191.1M178.6M216.9M227.8M
Total Stockholder Equity460.3M480.5M452.7M426.2M456.6M479.4M
Property Plant And Equipment Net28.8M26.6M28.1M23.0M28.8M30.2M
Net Debt(15.7M)(128.0M)(59.5M)6.8M(18.1M)(19.0M)
Retained Earnings195.5M200.9M184.0M154.5M185.0M100.4M
Cash27.3M139.3M70.8M26.3M54.3M40.3M
Non Current Assets Total206.9M212.6M231.1M209.7M219.0M229.9M
Non Currrent Assets Other20.4M35.6M31.5M34.3M102.5M107.7M
Cash And Short Term Investments118.0M264.3M185.2M121.5M147.5M154.8M
Net Receivables340.9M255.5M293.4M336.8M383.5M402.7M
Common Stock Shares Outstanding74.6M74.8M75.0M74.4M74.3M69.2M
Liabilities And Stockholders Equity722.6M785.0M777.5M718.3M790.7M830.2M
Non Current Liabilities Total113.6M142.3M133.7M113.5M117.1M123.0M
Inventory36.5M31.6M26.0M21.2M18.5M17.5M
Other Current Assets56.8M21.0M41.8M29.2M22.2M20.4M
Other Stockholder Equity261.2M273.2M264.0M274.4M272.7M286.3M
Total Liab262.3M304.6M324.9M292.2M334.0M350.7M
Property Plant And Equipment Gross28.8M26.6M54.3M55.2M50.8M53.3M
Total Current Assets515.7M572.4M546.4M508.6M571.7M600.3M
Accumulated Other Comprehensive Income2.9M5.6M4M(3.5M)(1.8M)(1.9M)
Short Term Debt10M5.3M6.5M25M28.8M18.9M
Intangible Assets22.4M18.2M20.8M15.9M12.1M10.4M
Accounts Payable54.4M52.2M64.4M68.3M83.2M87.4M
Common Stock Total Equity756K758K760K762K876.3K560.9K
Common Stock756K758K760K762K763K572.0K
Other Liab102.0M142.3M133.7M105.4M121.3M127.3M
Other Assets104.6M116.8M107.5M95.3M109.5M115.0M
Treasury Stock(9.7M)(9.4M)(9.0M)(30.2M)(27.1M)(25.8M)
Property Plant Equipment28.8M26.6M28.1M23.0M26.4M27.7M
Short Term Investments90.7M125.0M114.4M95.2M93.1M70.6M
Net Tangible Assets398.5M422.6M357.1M342.8M394.2M324.8M
Retained Earnings Total Equity195.5M200.9M184.0M154.5M177.7M153.3M
Capital Surpluse270.6M282.2M294.1M302.3M347.6M241.1M
Deferred Long Term Liab37.6M46.8M46.9M33.8M38.8M29.6M
Long Term Investments47.0M34.4M29.3M32.6M37.5M21.1M

Currently Active Assets on Macroaxis

When determining whether Healthcare Services is a strong investment it is important to analyze Healthcare Services' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Healthcare Services' future performance. For an informed investment choice regarding Healthcare Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Healthcare Services Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Commercial Services & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Healthcare Services. If investors know Healthcare will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Healthcare Services listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.322
Earnings Share
0.69
Revenue Per Share
23.052
Quarterly Revenue Growth
0.041
Return On Assets
0.048
The market value of Healthcare Services is measured differently than its book value, which is the value of Healthcare that is recorded on the company's balance sheet. Investors also form their own opinion of Healthcare Services' value that differs from its market value or its book value, called intrinsic value, which is Healthcare Services' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Healthcare Services' market value can be influenced by many factors that don't directly affect Healthcare Services' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Healthcare Services' value and its price as these two are different measures arrived at by different means. Investors typically determine if Healthcare Services is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Healthcare Services' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.