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HCA Healthcare (BSP:H1CA34) Cyclically Adjusted Book per Share : R$-3.98 (As of Mar. 2025)


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What is HCA Healthcare 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.

HCA Healthcare's adjusted book value per share for the three months ended in Mar. 2025 was R$-4.170. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is R$-3.98 for the trailing ten years ended in Mar. 2025.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 4.00% 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 HCA Healthcare was 8.10% per year. The lowest was -132.00% per year. And the median was 1.80% per year.

As of today (2025-05-31), HCA Healthcare's current stock price is R$110.10. HCA Healthcare's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was R$-3.98. HCA Healthcare's Cyclically Adjusted PB Ratio of today is .


HCA Healthcare Cyclically Adjusted Book per Share Historical Data

The historical data trend for HCA Healthcare'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.

HCA Healthcare Cyclically Adjusted Book per Share Chart

HCA Healthcare Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.74 -4.81 -4.36 -3.74 -4.39

HCA Healthcare Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -3.74 -4.19 -3.95 -4.39 -3.98

Competitive Comparison of HCA Healthcare's Cyclically Adjusted Book per Share

For the Medical Care Facilities subindustry, HCA Healthcare'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.


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

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

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


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HCA Healthcare 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, HCA Healthcare's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-4.17/134.9266*134.9266
=-4.170

Current CPI (Mar. 2025) = 134.9266.

HCA Healthcare Quarterly Data

Book Value per Share CPI Adj_Book
201506 -2.768 100.684 -3.709
201509 -3.450 100.392 -4.637
201512 -3.698 99.792 -5.000
201603 -3.549 100.470 -4.766
201606 -3.651 101.688 -4.844
201609 -3.357 101.861 -4.447
201612 -3.305 101.863 -4.378
201703 -2.976 102.862 -3.904
201706 -3.084 103.349 -4.026
201709 -2.975 104.136 -3.855
201712 -3.203 104.011 -4.155
201803 -2.917 105.290 -3.738
201806 -3.257 106.317 -4.133
201809 -3.337 106.507 -4.227
201812 -2.803 105.998 -3.568
201903 -2.437 107.251 -3.066
201906 -2.203 108.070 -2.750
201909 -2.159 108.329 -2.689
201912 -1.703 108.420 -2.119
202003 -2.143 108.902 -2.655
202006 -1.371 108.767 -1.701
202009 -0.777 109.815 -0.955
202012 0.433 109.897 0.532
202103 0.209 111.754 0.252
202106 -0.462 114.631 -0.544
202109 -0.585 115.734 -0.682
202112 -0.864 117.630 -0.991
202203 -1.692 121.301 -1.882
202206 -3.236 125.017 -3.493
202209 -3.112 125.227 -3.353
202212 -2.616 125.222 -2.819
202303 -2.355 127.348 -2.495
202306 -2.048 128.729 -2.147
202309 -2.274 129.860 -2.363
202312 -1.637 129.419 -1.707
202403 -1.528 131.776 -1.565
202406 -1.662 132.554 -1.692
202409 -2.374 133.029 -2.408
202412 -3.050 133.157 -3.091
202503 -4.170 134.927 -4.170

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


HCA Healthcare  (BSP:H1CA34) 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.


Be Aware

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


HCA Healthcare Cyclically Adjusted Book per Share Related Terms

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


HCA Healthcare Business Description

Traded in Other Exchanges
Address
One Park Plaza, Nashville, TN, USA, 37203
HCA Healthcare is a Nashville-based healthcare provider organization operating the largest collection of acute-care hospitals in the United States. As of December 2024, the firm owned and operated 190 hospitals, 124 freestanding outpatient surgery centers, and a broad network of physician offices, urgent-care clinics, and freestanding emergency rooms across 20 states and a small foothold in England.

HCA Healthcare Headlines

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