Teladoc Health, Inc. provides virtual healthcare services in the United States and internationally. The company offers a portfolio of services and solutions covering non-urgent, episodic, chronic, and complicated medical conditions, including diabetes, hypertension, chronic kidney disease, cancer, congestive heart failure, and mental health conditions. It offers a range of programs and services, including primary and specialty care telehealth solutions, chronic condition management, expert medical services, mental health solutions, and platform and program services. The company serves employers, health plans, hospitals and health systems, and insurance and financial services companies, as well as individual members. It offers its products and services under the Teladoc, Livongo, and BetterHelp brands. The company was formerly known as Teladoc, Inc. and changed its name to Teladoc Health, Inc. in August 2018. The company was incorporated in 2002 and is headquartered in Purchase, New York.
P/B ratio for Teladoc Health, Inc. (TDOC)
P/B ratio as of 2023: 1.50
According to Teladoc Health, Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 1.50. At the end of 2022 the company had a P/B ratio of 1.65.
P/B ratio history for Teladoc Health, Inc. from 2013 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 1.50 |
| 2022 | 1.65 |
| 2021 | 0.90 |
| 2020 | 1.14 |
| 2019 | 5.93 |
| 2018 | 3.22 |
| 2017 | 3.46 |
| 2016 | 3.03 |
| 2015 | 2.00 |
| 2014 | 9.86 |
| 2013 | 27.53 |