Ardent Health (ARDT) Price to Book (2024 - 2026)
Ardent Health's Price to Book came in at 0.80 for Q2 2026, down 32.6% from 1.19 a year earlier but up 13.2% from the prior quarter.
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Analysis
Ardent Health (ARDT) Price to Book (2024 - 2026) Analysis & Trends
For FY2025, Ardent Health's Price to Book was 0.75, down 53.3% from FY2024.
- Going back by year, Price to Book was 1.60 in FY2024.
- The five-year range for quarterly Price to Book is 0.71 (Q1 2026) to 1.89 (Q3 2024).
- Year-over-year, Price to Book has declined for four consecutive quarters, with an average decline of 42.1% over the last four quarters.
- Business Quant data shows ARDT's Price to Book at 0.71 (Q1 2026), 0.75 (Q4 2025) and 1.16 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | HCA Healthcare | 106.37 Bn | 104.21 Bn | 17.03 Bn |
| 2 | Natera | 45.03 Bn | 40.66 Bn | 513.47 Mn |
| 3 | Labcorp Holdings | 30.12 Bn | 28.22 Bn | 1.11 Bn |
| 4 | Quest Diagnostics | 28.44 Bn | 26.52 Bn | 1.04 Bn |
| 5 | Guardant Health | 20.93 Bn | 16.54 Bn | 236.15 Mn |
| 6 | BrightSpring Health Services | 14.41 Bn | 11.29 Bn | 518.55 Mn |
| 7 | Tempus AI | 14.27 Bn | 11.42 Bn | 266.70 Mn |
| 8 | Encompass Health | 13.98 Bn | 14.44 Bn | 1.54 Bn |
| 9 | Davita | 11.35 Bn | 10.22 Bn | 1.13 Bn |
| 10 | Ardent Health | 2.53 Bn | 112.54 Mn | 1.34 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.81 |
| Jun 30, 2026 | 0.80 |
| Mar 31, 2026 | 0.71 |
| Dec 31, 2025 | 0.75 |
| Sep 30, 2025 | 1.16 |
| Jun 30, 2025 | 1.19 |
| Mar 31, 2025 | 1.26 |
| Dec 31, 2024 | 1.60 |
| Sep 30, 2024 | 1.89 |
API Access
Ardent Health Price to Book API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-book&ticker=ARDT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "ARDT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-book&ticker=ARDT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();