Community Health Systems, Inc. owns, leases, and operates general acute care hospitals in the United States. It offers general acute care, emergency room, general and specialty surgery, critical care, internal medicine, obstetrics, diagnostic, psychiatric, and rehabilitation services, as well as skilled nursing and home care services. The company also provides outpatient services at primary care practices, urgent care centers, free-standing emergency departments, ambulatory surgery centers, imaging and diagnostic centers, retail clinics, and direct-to-consumer virtual health visits. As of December 31, 2021, it owned or leased 83 hospitals, including 81 general acute care hospitals and two stand-alone rehabilitation or psychiatric hospitals with an aggregate of 13,289 licensed beds. The company was founded in 1985 and is headquartered in Franklin, Tennessee.
P/B ratio for Community Health Systems, Inc. (CYH)
P/B ratio as of 2023: -0.29
According to Community Health Systems, Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is -0.29. At the end of 2022 the company had a P/B ratio of -0.41.
P/B ratio history for Community Health Systems, Inc. from 1999 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | -0.29 |
| 2022 | -0.41 |
| 2021 | -1.23 |
| 2020 | -0.53 |
| 2019 | -0.15 |
| 2018 | -0.21 |
| 2017 | -0.62 |
| 2016 | 0.38 |
| 2015 | 0.75 |
| 2014 | 1.51 |
| 2013 | 1.19 |
| 2012 | 1.00 |
| 2011 | 0.65 |
| 2010 | 1.57 |
| 2009 | 1.65 |
| 2008 | 0.81 |
| 2007 | 2.01 |
| 2006 | 2.01 |
| 2005 | 2.17 |
| 2004 | 2.15 |
| 2003 | 1.94 |
| 2002 | 1.38 |
| 2001 | 1.67 |
| 2000 | 2.59 |
| 1999 | 6.68 |