What is Guardant Health's price / book?

Guardant Health (GH) reported price / book of 36.8× in Q1 2024.

What does price / book mean?

How the market price compares to the company's accounting net worth.

How do you interpret price / book?

Below 1.0 can flag a market discount to book value (common for distressed or asset-heavy firms); high values reflect intangible value the balance sheet doesn't capture. Most informative for financials and asset-heavy businesses.

How does price / book compare across companies?

A core valuation gauge for banks and insurers; weak for asset-light firms where book value understates economic value.

Guardant Health GH Price / book

Price / book at other companies

IlluminaILMN

7×+1.7×

Natera, Inc.NTRA

16×+0.6×

Quest DiagnosticsDGX

2.9×+0.2×

Agilent TechnologiesA

4.6×-0.4×

Labcorp HoldingsLH

2.5×+0.2×

AbbottABT

3.4×-1.3×

Other financials

Income statement

See full

Revenue$301.7M+48.3%

Gross profit$196.7M+52.8%

Operating income-$121.4M-9.3%

Net income-$112.1M-17.8%

EPS (diluted)-$0.85-10.4%

Balance sheet

See full

Cash & equivalents$1.1B+37.0%

Total debt$1.7B+30.5%

Total equity-$181.1M+27.8%

Total assets$1.9B+42.5%

Cash flow

See full

Operating cash flow-$65.6M-4.7%

CapEx$5.6M+25.1%

Free cash flow-$71.2M-6.0%

Valuation

See full

Market cap$17.12B+130%

Enterprise value$17.72B+121%

P/S15.9×+6.3×

Profitability

See full

Gross margin64.9%+3.6pp

Operating margin-41.4%-9.4pp

Net margin-40.1%-8.1pp

Returns & leverage

See full

Return on equity-438.1%-1,655pp

Debt / equity3×—

Current ratio4.7×+0.6×

Where this comes from

Calculated from Guardant Health’s reported figures.

market cap/total stockholders equity=36.8×

Based on the most recent quarter.

The official record: Guardant Health’s 10-Q, filed April 30, 2025, on SEC EDGAR. View the filing →

Ask your AI about Guardant Health's price / book.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Guardant Health's price / book?: Guardant Health (GH) reported price / book of 36.8× in Q1 2024.
What does price / book mean?: How the market price compares to the company's accounting net worth.
How do you interpret price / book?: Below 1.0 can flag a market discount to book value (common for distressed or asset-heavy firms); high values reflect intangible value the balance sheet doesn't capture. Most informative for financials and asset-heavy businesses.
How does price / book compare across companies?: A core valuation gauge for banks and insurers; weak for asset-light firms where book value understates economic value.