Primary Health Properties (PHP) is the leading investor in modern healthcare properties in the UK & Ireland. PHP is a UK based Real Estate Investment Trust (REIT) with a clear objective to create progressive returns to shareholders through a combination of earnings growth and capital appreciation. PHP achieve this by investing in healthcare real estate let on long-term leases, backed by a secure underlying covenant funded mostly by government bodies. The Group's portfolio comprises over 480 primary healthcare facilities, both completed and committed, the majority of which are GP surgeries, with other properties let to NHS organisations, pharmacies and dentists.
P/B ratio for Primary Health Properties PLC (PHP.L)
P/B ratio as of 2023: 0.97
According to Primary Health Properties PLC's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 0.97. At the end of 2022 the company had a P/B ratio of 1.00.
P/B ratio history for Primary Health Properties PLC from 1995 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 0.97 |
| 2022 | 1.00 |
| 2021 | 1.34 |
| 2020 | 1.37 |
| 2019 | 1.42 |
| 2018 | 1.00 |
| 2017 | 1.32 |
| 2016 | 1.43 |
| 2015 | 1.65 |
| 2014 | 1.47 |
| 2013 | 1.03 |
| 2012 | 1.39 |
| 2011 | 1.25 |
| 2010 | 1.25 |
| 2009 | 0.76 |
| 2008 | 1.35 |
| 2007 | 0.73 |
| 2006 | 0.65 |
| 2005 | 1.20 |
| 2004 | 1.18 |
| 2003 | 1.00 |
| 2002 | 0.74 |
| 2001 | 1.15 |
| 2000 | 1.21 |
| 1999 | 0.89 |
| 1998 | 1.05 |
| 1997 | 1.05 |
| 1996 | 0.95 |
| 1995 | 0.99 |