Alignment Healthcare price to book ratio ALHC
Market value divided by the book value of the company's net assets, since 2021.
- Today, Oct 23, 2026
- 6.3×
- 5-year median
- 10.4×
- Against its 5-year history
- 21st
- percentile: 0 is its lowest day, 100 its highest
- 5-year range
- 3.8× to 37.9×
- Peer median
- 3.1×
Alignment Healthcare's price to book ratio is 6.3× as of Oct 23, 2026.
That is below its 5-year median of 10.4×, lower than on 79% of days in the last 5 years.
Over that time it ranged from 3.8× in Jan 2022 to 37.9× in Apr 2025.
The median for 10 healthcare stocks of a similar size is 3.1×.
Price to book ratio over time
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 6.3× | 5.9× | 29.4× |
| 2025 | 23.2× | 18.2× | 37.9× |
| 2024 | 18.1× | 5.6× | 22.9× |
| 2023 | 8.6× | 4.2× | 8.7× |
| 2022 | 8.1× | 3.8× | 11.4× |
| 2021 | 8.1× | 7.5× | 14.2× |
Against its peers
Companies in Healthcare nearest Alignment Healthcare's size, closest first, today.
| Company | Price to book ratio |
|---|---|
| ALHCAlignment Healthcare | 6.3× |
| ANIPANI Pharmaceuticals | 2.8× |
| ARDTArdent Health | 1.3× |
| HCSGHealthcare Services | 3.3× |
| PAHCPhibro Animal Health | 4.1× |
| EYENational Vision | 1.6× |
| CNMDCONMED | 1.4× |
| PNTGPennant | 4.1× |
| ANABAnaptysbio | 138× |
| PCRXPacira BioSciences | 2.2× |
| LMATLemaitre Vascular | 4.6× |
| Peer median | 3.1× |
What the price to book ratio tells you
Market value divided by the accounting value of the company's net assets. Below 1 means the market values the business at less than what it owns on paper.
Book value misses brands, software and people, so asset-light companies always look expensive on it. Most useful for banks and industrials.
More on Alignment Healthcare
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.