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Cardinal Health (FRA:CLH) Cyclically Adjusted Book per Share : €8.70 (As of Mar. 2025)


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What is Cardinal Health 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.

Cardinal Health's adjusted book value per share for the three months ended in Mar. 2025 was €-11.430. 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 €8.70 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Cardinal Health's average Cyclically Adjusted Book Growth Rate was -27.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -13.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -8.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -3.90% 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 Cardinal Health was 18.10% per year. The lowest was -13.60% per year. And the median was 5.55% per year.

As of today (2025-05-25), Cardinal Health's current stock price is €134.85. Cardinal Health's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €8.70. Cardinal Health's Cyclically Adjusted PB Ratio of today is 15.50.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Cardinal Health was 16.13. The lowest was 2.06. And the median was 3.48.


Cardinal Health Cyclically Adjusted Book per Share Historical Data

The historical data trend for Cardinal Health'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.

Cardinal Health Cyclically Adjusted Book per Share Chart

Cardinal Health Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.89 15.90 17.97 14.26 11.52

Cardinal Health 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 12.12 11.52 10.01 9.97 8.70

Competitive Comparison of Cardinal Health's Cyclically Adjusted Book per Share

For the Medical Distribution subindustry, Cardinal Health'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.


Cardinal Health's Cyclically Adjusted PB Ratio Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Cardinal Health's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Cardinal Health 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, Cardinal Health'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)
=-11.43/134.9266*134.9266
=-11.430

Current CPI (Mar. 2025) = 134.9266.

Cardinal Health Quarterly Data

Book Value per Share CPI Adj_Book
201506 16.994 100.684 22.774
201509 17.617 100.392 23.677
201512 18.707 99.792 25.293
201603 18.492 100.470 24.834
201606 18.115 101.688 24.036
201609 18.132 101.861 24.018
201612 18.969 101.863 25.126
201703 19.665 102.862 25.795
201706 19.174 103.349 25.032
201709 17.787 104.136 23.046
201712 20.385 104.011 26.444
201803 19.654 105.290 25.186
201806 16.785 106.317 21.302
201809 16.891 106.507 21.398
201812 17.825 105.998 22.690
201903 18.502 107.251 23.276
201906 18.730 108.070 23.385
201909 2.789 108.329 3.474
201912 3.079 108.420 3.832
202003 3.728 108.902 4.619
202006 5.422 108.767 6.726
202009 4.106 109.815 5.045
202012 5.511 109.897 6.766
202103 5.167 111.754 6.238
202106 5.108 114.631 6.012
202109 4.169 115.734 4.860
202112 3.189 117.630 3.658
202203 -2.318 121.301 -2.578
202206 -2.457 125.017 -2.652
202209 -6.866 125.227 -7.398
202212 -8.066 125.222 -8.691
202303 -8.131 127.348 -8.615
202306 -10.877 128.729 -11.401
202309 -13.243 129.860 -13.760
202312 -12.990 129.419 -13.543
202403 -12.311 131.776 -12.605
202406 -12.233 132.554 -12.452
202409 -12.209 133.029 -12.383
202412 -11.803 133.157 -11.960
202503 -11.430 134.927 -11.430

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


Cardinal Health  (FRA:CLH) 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.

Cardinal Health's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=134.85/8.70
=15.50

* 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 Cardinal Health was 16.13. The lowest was 2.06. And the median was 3.48.


Be Aware

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


Cardinal Health Cyclically Adjusted Book per Share Related Terms

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


Cardinal Health Business Description

Industry
Address
7000 Cardinal Place, Dublin, OH, USA, 43017
Cardinal Health is one of three leading pharmaceutical wholesalers in the us, engaged in sourcing and distributing of branded, generic, and specialty pharmaceutical products to pharmacies (retail chains, independent, and mail order), hospital networks, and healthcare providers. Cardinal, Cencora, and McKesson hold well over 90% of the us pharmaceutical wholesale industry. Cardinal Health also supplies medical-surgical products and equipment to healthcare facilities in North America, Europe, and Asia.