DaVita (BSP:DVAI34) Cyclically Adjusted Book per Share: R$86.86 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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BSP:DVAI34 DaVita Inc BSP:DVAI34
75 GF Score
Price R$1,207.71
GF Value R$902.44
Valuation Significantly Overvalued
! 6 Warning Signs
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What is DaVita Cyclically Adjusted Book per Share?

DaVita BSP:DVAI34 +3.18% 75 Cyclically Adjusted Book per Share is R$86.86 as of Mar. 2026. GuruFocus rates BSP:DVAI34 with a GF Score™ of 75/100 and a GF Value™ of R$902.44 (Significantly Overvalued). The stock has 6 warning signs investors should review.

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.

DaVita's adjusted book value per share for the three months ended in Mar. 2026 was R$-59.695. 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 R$86.86 for the trailing ten years ended in Mar. 2026.

During the past 12 months, DaVita's average Cyclically Adjusted Book Growth Rate was -17.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -9.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -3.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 3.00% 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 DaVita was 23.30% per year. The lowest was -9.10% per year. And the median was 17.80% per year.

As of today (2026-07-17), DaVita's current stock price is R$1207.71. DaVita's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was R$86.86. DaVita's Cyclically Adjusted PB Ratio of today is 13.90.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of DaVita was 14.09. The lowest was 2.13. And the median was 4.19.


DaVita  (BSP:DVAI34) 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.

DaVita's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1207.71/86.86
=13.90

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of DaVita was 14.09. The lowest was 2.13. And the median was 4.19.


Be Aware

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


DaVita Cyclically Adjusted Book per Share Related Terms


DaVita Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for DaVita'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.

DaVita Cyclically Adjusted Book per Share Chart

DaVita Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 129.64 117.86 114.92 129.15 99.75

DaVita Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 115.01 104.90 97.10 99.75 86.86

BSP:DVAI34 vs THC, EHC, ENSG: Cyclically Adjusted Book per Share Comparison

For the Medical Care Facilities subindustry, DaVita'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.


DaVita Cyclically Adjusted PB Ratio vs Healthcare Providers & Services Industry

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

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


BSP:DVAI34
75GF Score
DaVita Inc BSP:DVAI34
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DaVita 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, DaVita's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-59.695/330.2130*330.2130
=-59.695

Current CPI (Mar. 2026) = 330.2130.

DaVita Quarterly Data

Book Value per Share CPI Adj_Book
201606 78.527 241.018 107.588
201609 79.585 241.428 108.852
201612 80.130 241.432 109.596
201703 82.608 243.801 111.887
201706 87.630 244.955 118.130
201709 79.203 246.819 105.964
201712 84.695 246.524 113.447
201803 84.163 249.554 111.366
201806 94.467 251.989 123.792
201809 94.674 252.439 123.842
201812 86.437 251.233 113.610
201903 89.450 254.202 116.197
201906 94.927 256.143 122.377
201909 71.338 256.759 91.746
201912 69.583 256.974 89.415
202003 78.138 258.115 99.964
202006 91.613 257.797 117.347
202009 74.737 260.280 94.818
202012 64.749 260.474 82.085
202103 63.923 264.877 79.691
202106 60.831 271.696 73.933
202109 58.834 274.310 70.824
202112 43.914 278.802 52.012
202203 44.089 287.504 50.638
202206 33.108 296.311 36.896
202209 30.999 296.808 34.488
202212 41.327 296.797 45.980
202303 47.430 301.836 51.889
202306 54.107 305.109 58.559
202309 64.834 307.789 69.557
202312 58.257 306.746 62.714
202403 52.578 312.332 55.588
202406 40.066 314.175 42.111
202409 25.919 315.301 27.145
202412 9.176 315.605 9.601
202503 -19.902 319.799 -20.550
202506 -27.621 322.561 -28.276
202509 -43.211 324.800 -43.931
202512 -51.819 324.054 -52.804
202603 -59.695 330.213 -59.695

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

What does a Cyclically Adjusted Book per Share of R$86.86 mean?
DaVita (BSP:DVAI34) has a Cyclically Adjusted Book per Share of R$86.86 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on DaVita and its competitors.
Is DaVita's Cyclically Adjusted Book per Share too high?
DaVita's current Cyclically Adjusted Book per Share is R$86.86. Overall, DaVita has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does DaVita's Cyclically Adjusted Book per Share compare to THC and EHC?
DaVita's Cyclically Adjusted Book per Share of R$86.86 can be compared against companies in the Healthcare Providers & Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Healthcare Providers & Services company?
A good Cyclically Adjusted Book per Share depends on the Healthcare Providers & Services industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on DaVita and its competitors. DaVita's current Cyclically Adjusted Book per Share is R$86.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DaVita stock overvalued right now?
Based on GuruFocus' analysis, DaVita (BSP:DVAI34) is currently considered Significantly Overvalued. The stock's GF Value™ is R$902.44, compared to a current price of R$1,207.71 — trading 33.8% above its estimated fair value. The current Cyclically Adjusted Book per Share is R$86.86. DaVita's overall GF Score™ is 75/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For DaVita (BSP:DVAI34), the current Cyclically Adjusted Book per Share is R$86.86 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is DaVita (BSP:DVAI34) Overvalued in 2026?

Based on GuruFocus' analysis, DaVita stock appears to be overvalued. The current stock price of R$1,207.71 is trading 33.8% above its estimated GF Value™ of R$902.44. GuruFocus considers DaVita to be Significantly Overvalued.

Key valuation signals for BSP:DVAI34:

  • Cyclically Adjusted Book per Share: R$86.86
  • GF Value™: R$902.44 vs. price of R$1,207.71 (33.8% above fair value)
  • GF Score™: 75/100 with 6 warning signs

No single metric tells the full story. See the BSP:DVAI34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DaVita Business Description

Address 2000 16th Street, Denver, CO, USA, 80202
DaVita is one of the largest providers of dialysis services in the United States, boasting a market share of about 35%. The firm operates over 3,200 facilities worldwide, mostly in the US, and treats about 300,000 patients annually. Government payers dominate US dialysis reimbursement. DaVita receives about two-thirds of US sales at government (primarily Medicare) reimbursement rates, with the remainder coming from commercial insurers. While commercial insurers represent only about 10% of US patients treated, they represent nearly all of the profits generated by DaVita in the US dialysis business.
75GF Score

Get the complete analysis for BSP:DVAI34

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$1,207.71
Price
R$902.44
GF Value