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Cross Country Healthcare (Cross Country Healthcare) Shiller PE Ratio : 18.90 (As of May. 10, 2024)


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What is Cross Country Healthcare Shiller PE Ratio?

As of today (2024-05-10), Cross Country Healthcare's current share price is $14.93. Cross Country Healthcare's E10 for the quarter that ended in Mar. 2024 was $0.79. Cross Country Healthcare's Shiller PE Ratio for today is 18.90.

The historical rank and industry rank for Cross Country Healthcare's Shiller PE Ratio or its related term are showing as below:

CCRN' s Shiller PE Ratio Range Over the Past 10 Years
Min: 18.85   Med: 48.78   Max: 296.2
Current: 18.9

During the past years, Cross Country Healthcare's highest Shiller PE Ratio was 296.20. The lowest was 18.85. And the median was 48.78.

CCRN's Shiller PE Ratio is ranked better than
62.28% of 228 companies
in the Healthcare Providers & Services industry
Industry Median: 24.98 vs CCRN: 18.90

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.

Cross Country Healthcare's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.080. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.79 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cross Country Healthcare Shiller PE Ratio Historical Data

The historical data trend for Cross Country Healthcare's Shiller PE Ratio 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.

Cross Country Healthcare Shiller PE Ratio Chart

Cross Country Healthcare Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 64.79 29.23

Cross Country Healthcare Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Shiller PE Ratio 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 45.29 49.72 41.20 29.23 23.81

Competitive Comparison of Cross Country Healthcare's Shiller PE Ratio

For the Medical Care Facilities subindustry, Cross Country Healthcare's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.


Cross Country Healthcare's Shiller PE Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Cross Country Healthcare's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Cross Country Healthcare's Shiller PE Ratio falls into.



Cross Country Healthcare Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Cross Country Healthcare's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=14.93/0.79
=18.90

* 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.

Cross Country Healthcare's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Cross Country Healthcare's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.08/129.4194*129.4194
=0.080

Current CPI (Mar. 2024) = 129.4194.

Cross Country Healthcare Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 -0.100 100.560 -0.129
201409 -0.240 100.428 -0.309
201412 -0.650 99.070 -0.849
201503 0.050 99.621 0.065
201506 0.080 100.684 0.103
201509 0.160 100.392 0.206
201512 -0.190 99.792 -0.246
201603 0.090 100.470 0.116
201606 -0.540 101.688 -0.687
201609 0.220 101.861 0.280
201612 -0.240 101.863 -0.305
201703 -0.080 102.862 -0.101
201706 0.130 103.349 0.163
201709 0.190 104.136 0.236
201712 0.770 104.011 0.958
201803 0.050 105.290 0.061
201806 0.040 106.317 0.049
201809 -0.010 106.507 -0.012
201812 -0.550 105.998 -0.672
201903 -0.050 107.251 -0.060
201906 -1.440 108.070 -1.724
201909 -0.090 108.329 -0.108
201912 -0.030 108.420 -0.036
202003 -0.060 108.902 -0.071
202006 -0.390 108.767 -0.464
202009 -0.040 109.815 -0.047
202012 0.130 109.897 0.153
202103 0.530 111.754 0.614
202106 0.310 114.631 0.350
202109 0.620 115.734 0.693
202112 2.070 117.630 2.277
202203 1.630 121.301 1.739
202206 1.400 125.017 1.449
202209 0.930 125.227 0.961
202212 1.050 125.222 1.085
202303 0.810 127.348 0.823
202306 0.600 128.729 0.603
202309 0.360 129.860 0.359
202312 0.260 129.419 0.260
202403 0.080 129.419 0.080

Add all the adjusted EPS together and divide 10 will get our E10.

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.


Cross Country Healthcare  (NAS:CCRN) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Cross Country Healthcare Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Cross Country Healthcare's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Cross Country Healthcare (Cross Country Healthcare) Business Description

Traded in Other Exchanges
N/A
Address
6551 Park of Commerce Boulevard, N.W., Boca Raton, FL, USA, 33487
Cross Country Healthcare Inc is a provider of staffing, recruiting, and workforce solutions to healthcare clients such as private and public hospitals, government facilities, outpatient clinics, ambulatory care facilities, and physician practice groups, among others. The company operates in three business segments: nurse and allied staffing, physician staffing, and search. The nurse and allied staffing segment, which generates a vast majority of revenue, offers temporary and permanent placements of travel and local nurses and allied professionals, and other outsourcing services. The other services offered by the company include physician staffing, search for healthcare executives, and recruitment process outsourcing. The company earns majority of its revenue from the United States.
Executives
Cynthia Ann Grieco officer: VP, Corporate Treasurer C/O CROSS COUNTRY HEALTHCARE, INC., 6551 PARK OF COMMERCE BLVD., N.W., BOCA RATON FL 33487
Susan E Ball officer: General Counsel & Asst. Secy 6551 PARK OF COMMERCE BLVD., BOCA RATON FL 33487
Redd James V. Iii officer: Chief Accounting Officer C/O CROSS COUNTRY HEALTHCARE, INC., 6551 PARK OF COMMERCE BLVD, N.W., BOCA RATON FL 33487
William J. Burns officer: Chief Financial Officer C/O CROSS COUNTRY HEALTHCARE, INC., 5201 CONGRESS AVENUE, BOCA RATON FL 33487
Marc S. Krug officer: Group President, Delivery C/O CROSS COUNTRY HEALTHCARE, INC., 6551 PARK OF COMMERCE BLVD., N.W., BOCA RATON FL 33487
Mcdonald Colin Patrick officer: SVP, Human Resources C/O CROSS COUNTRY HEALTHCARE, INC., 5201 CONGRESS AVENUE, BOCA RATON FL 33487
Dwayne Allen director C/O UNISYS CORPORATION, 801 LAKEVIEW DRIVE, SUITE 100, BLUE BELL PA 19422
Venkat Bhamidipati director 6220 AMERICA CENTER DRIVE, SAN JOSE CA 95002
W Larry Cash director 4000 MERIDIAN BOULEVARD, FRANKLIN TN 37067
John Anthony Martins officer: Group Pres., Nurse & Allied C/O CROSS COUNTRY HEALTHCARE, INC., 5201 CONGRESS AVE., BOCA RATON FL 33487
Daniel Joseph White officer: Chief Commercial Officer C/O CROSS COUNTRY HEALTHCARE, INC., 6551 PARK OF COMMERCE BLVD., N.W., BOCA RATON FL 33487
Joseph Trunfio director C/O CROSS COUNTRY HEALTHCARE, INC., 6551 PARK OF COMMERCE BOULEVARD, N.W., BOCA RATON FL 33487
Daniele Addis officer: SVP, Business Services C/O CROSS COUNTRY HEALTHCARE, INC., 6551 PARK OF COMMERCE BOULEVARD, N.W., BOCA RATON FL 33487
Phillip Lyn Noe officer: Chief Information Officer C/O CROSS COUNTRY HEALTHCARE, INC., 6551 PARK OF COMMERCE BLVD., BOCA RATON FL 33487
Kevin Cronin Clark director, officer: President, CEO C/O CROSS COUNTRY HEALTHCARE, INC., 5201 CONGRESS AVE., BOCA RATON FL 33487