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Addus HomeCare (FRA:A41) Cyclically Adjusted Book per Share : €25.01 (As of Dec. 2023)


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What is Addus HomeCare Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Addus HomeCare's adjusted book value per share for the three months ended in Dec. 2023 was €39.936. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €25.01 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Addus HomeCare's average Cyclically Adjusted Book Growth Rate was 15.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 19.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 19.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Addus HomeCare was 20.30% per year. The lowest was 18.20% per year. And the median was 19.70% per year.

As of today (2024-04-28), Addus HomeCare's current stock price is €84.50. Addus HomeCare's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €25.01. Addus HomeCare's Cyclically Adjusted PB Ratio of today is 3.38.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Addus HomeCare was 7.85. The lowest was 2.97. And the median was 4.99.


Addus HomeCare Cyclically Adjusted Book per Share Historical Data

The historical data trend for Addus HomeCare's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Addus HomeCare Cyclically Adjusted Book per Share Chart

Addus HomeCare Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.10 13.00 17.51 22.18 25.01

Addus HomeCare Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.18 21.85 23.75 25.35 25.01

Competitive Comparison of Addus HomeCare's Cyclically Adjusted Book per Share

For the Medical Care Facilities subindustry, Addus HomeCare's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Addus HomeCare's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Addus HomeCare's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Addus HomeCare's Cyclically Adjusted PB Ratio falls into.



Addus HomeCare Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Addus HomeCare's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=39.936/129.4194*129.4194
=39.936

Current CPI (Dec. 2023) = 129.4194.

Addus HomeCare Quarterly Data

Book Value per Share CPI Adj_Book
201403 7.693 99.695 9.987
201406 8.008 100.560 10.306
201409 8.682 100.428 11.188
201412 9.425 99.070 12.312
201503 10.882 99.621 14.137
201506 10.783 100.684 13.861
201509 11.047 100.392 14.241
201512 11.713 99.792 15.190
201603 11.482 100.470 14.790
201606 11.524 101.688 14.667
201609 11.694 101.861 14.858
201612 12.975 101.863 16.485
201703 13.233 102.862 16.650
201706 12.872 103.349 16.119
201709 12.424 104.136 15.441
201712 12.808 104.011 15.937
201803 12.543 105.290 15.418
201806 13.638 106.317 16.602
201809 17.524 106.507 21.294
201812 17.980 105.998 21.953
201903 18.913 107.251 22.822
201906 19.372 108.070 23.199
201909 27.428 108.329 32.768
201912 27.408 108.420 32.717
202003 28.133 108.902 33.433
202006 28.052 108.767 33.378
202009 27.274 109.815 32.143
202012 26.940 109.897 31.726
202103 27.990 111.754 32.414
202106 28.370 114.631 32.030
202109 29.809 115.734 33.334
202112 31.888 117.630 35.084
202203 33.102 121.301 35.317
202206 35.283 125.017 36.526
202209 38.594 125.227 39.886
202212 37.082 125.222 38.325
202303 37.402 127.348 38.010
202306 37.933 128.729 38.137
202309 39.546 129.860 39.412
202312 39.936 129.419 39.936

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Addus HomeCare  (FRA:A41) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Addus HomeCare's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=84.50/25.01
=3.38

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Addus HomeCare was 7.85. The lowest was 2.97. And the median was 4.99.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Addus HomeCare Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Addus HomeCare's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Addus HomeCare (FRA:A41) Business Description

Traded in Other Exchanges
Address
6303 Cowboys Way, Suite 600, Frisco, TX, USA, 75034
Addus HomeCare Corp is engaged in the provision of in-home personal care services. It operates through the following segments: Personal care segment, which is a key revenue driver, provides non-medical assistance with activities of daily living, primarily to persons who are at risk of hospitalization or institutionalization, such as the elderly, chronically ill and disabled. The Hospice segment provides physical, emotional and spiritual care for people who are terminally ill and their families. Its Home health segment provides services that are primarily medical in nature to those individuals who may require assistance during an illness or after surgery.

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