CoreCivic, Inc. owns and operates partnership correctional, detention, and residential reentry facilities in the United States. It operates through three segments: CoreCivic Safety, CoreCivic Community, and CoreCivic Properties. The company provides a range of solutions to government partners that serve the public good through corrections and detention management, a network of residential reentry centers to help address America's recidivism crisis, and government real estate solutions. Its correctional, detention, and residential reentry facilities offer rehabilitation and educational programs, including basic education, faith-based services, life skills and employment training, and substance abuse treatment. As of December 31, 2021, the company owned and operated 46 correctional and detention facilities, 26 residential reentry centers, and 10 properties for lease. The company was founded in 1983 and is based in Brentwood, Tennessee.
P/B ratio for CoreCivic, Inc. (CXW)
P/B ratio as of 2023: 1.12
According to CoreCivic, Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 1.12. At the end of 2022 the company had a P/B ratio of 0.95.
P/B ratio history for CoreCivic, Inc. from 1986 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 1.12 |
| 2022 | 0.95 |
| 2021 | 0.87 |
| 2020 | 0.56 |
| 2019 | 1.50 |
| 2018 | 1.49 |
| 2017 | 1.83 |
| 2016 | 1.97 |
| 2015 | 2.12 |
| 2014 | 2.85 |
| 2013 | 2.34 |
| 2012 | 2.32 |
| 2011 | 1.52 |
| 2010 | 1.91 |
| 2009 | 1.98 |
| 2008 | 1.48 |
| 2007 | 2.96 |
| 2006 | 2.58 |
| 2005 | 1.89 |
| 2004 | 0.58 |
| 2003 | 1.20 |
| 2002 | 0.64 |
| 2001 | 0.61 |
| 2000 | 0.07 |
| 1999 | 0.41 |
| 1998 | 2.64 |
| 1997 | 32.96 |
| 1996 | 24.54 |
| 1995 | 61.88 |
| 1994 | 82.55 |
| 1993 | 93.65 |
| 1992 | 98.51 |
| 1991 | 121.11 |
| 1990 | 77.00 |
| 1989 | 120.31 |
| 1988 | 43.95 |
| 1987 | 133.10 |
| 1986 | 108.24 |