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Labcorp Holdings (BSP:L1CA34) Cyclically Adjusted Book per Share : R$148.98 (As of Mar. 2025)


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What is Labcorp Holdings 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.

Labcorp Holdings's adjusted book value per share for the three months ended in Mar. 2025 was R$142.705. 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$148.98 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Labcorp Holdings's average Cyclically Adjusted Book Growth Rate was 8.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 15.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 15.70% 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 Labcorp Holdings was 17.90% per year. The lowest was -5.60% per year. And the median was 12.20% per year.

As of today (2025-06-24), Labcorp Holdings's current stock price is R$359.80. Labcorp Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was R$148.98. Labcorp Holdings's Cyclically Adjusted PB Ratio of today is 2.42.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Labcorp Holdings was 4.44. The lowest was 1.96. And the median was 3.36.


Labcorp Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Labcorp Holdings'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.

Labcorp Holdings Cyclically Adjusted Book per Share Chart

Labcorp Holdings 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 89.33 105.47 117.72 103.78 126.37

Labcorp Holdings 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 111.35 125.10 127.76 126.37 148.98

Competitive Comparison of Labcorp Holdings's Cyclically Adjusted Book per Share

For the Diagnostics & Research subindustry, Labcorp Holdings'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.


Labcorp Holdings's Cyclically Adjusted PB Ratio Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Labcorp Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Labcorp Holdings 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, Labcorp Holdings'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)
=142.705/134.9266*134.9266
=142.705

Current CPI (Mar. 2025) = 134.9266.

Labcorp Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201506 36.810 100.684 49.329
201509 47.377 100.392 63.675
201512 47.362 99.792 64.037
201603 46.782 100.470 62.826
201606 44.492 101.688 59.035
201609 43.698 101.861 57.883
201612 44.952 101.863 59.543
201703 43.062 102.862 56.485
201706 47.477 103.349 61.983
201709 46.987 104.136 60.880
201712 55.004 104.011 71.353
201803 56.074 105.290 71.858
201806 65.047 106.317 82.551
201809 73.423 106.507 93.015
201812 68.435 105.998 87.112
201903 69.180 107.251 87.032
201906 70.416 108.070 87.916
201909 76.459 108.329 95.231
201912 79.884 108.420 99.414
202003 88.315 108.902 109.420
202006 98.018 108.767 121.592
202009 114.197 109.815 140.311
202012 124.483 109.897 152.835
202103 144.356 111.754 174.288
202106 133.189 114.631 156.770
202109 144.987 115.734 169.030
202112 156.002 117.630 178.942
202203 143.575 121.301 159.703
202206 144.230 125.017 155.663
202209 147.655 125.227 159.092
202212 150.115 125.222 161.749
202303 151.989 127.348 161.034
202306 120.180 128.729 125.966
202309 114.496 129.860 118.964
202312 114.976 129.419 119.869
202403 117.548 131.776 120.358
202406 128.640 132.554 130.943
202409 135.140 133.029 137.068
202412 147.262 133.157 149.219
202503 142.705 134.927 142.705

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


Labcorp Holdings  (BSP:L1CA34) 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.

Labcorp Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=359.80/148.98
=2.42

* 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 Labcorp Holdings was 4.44. The lowest was 1.96. And the median was 3.36.


Be Aware

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


Labcorp Holdings Cyclically Adjusted Book per Share Related Terms

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


Labcorp Holdings Business Description

Traded in Other Exchanges
Address
358 South Main Street, Burlington, NC, USA, 27215
Labcorp is one of the nation's two largest independent clinical laboratories, with roughly 20% of the independent lab market. The company operates approximately 2,000 patient-service centers, offering a broad range of 5,000 clinical lab tests, ranging from routine blood and urine screens to complex oncology and genomic testing.

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