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CVS Health (MEX:CVS) Cyclically Adjusted Book per Share : MXN1,144.90 (As of Mar. 2025)


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What is CVS 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.

CVS Health's adjusted book value per share for the three months ended in Mar. 2025 was MXN1,247.091. 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 MXN1,144.90 for the trailing ten years ended in Mar. 2025.

During the past 12 months, CVS Health's average Cyclically Adjusted Book Growth Rate was 5.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 8.00% 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 CVS Health was 24.10% per year. The lowest was -1.50% per year. And the median was 8.90% per year.

As of today (2025-05-28), CVS Health's current stock price is MXN1183.00. CVS Health's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was MXN1,144.90. CVS Health's Cyclically Adjusted PB Ratio of today is 1.03.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of CVS Health was 4.18. The lowest was 0.82. And the median was 1.98.


CVS Health Cyclically Adjusted Book per Share Historical Data

The historical data trend for CVS 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.

CVS Health Cyclically Adjusted Book per Share Chart

CVS Health 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 772.08 895.48 910.41 871.05 1,102.58

CVS 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 868.68 976.68 1,062.05 1,102.58 1,144.90

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

For the Healthcare Plans subindustry, CVS 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.


CVS Health's Cyclically Adjusted PB Ratio Distribution in the Healthcare Plans Industry

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

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


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CVS 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, CVS 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)
=1247.091/134.9266*134.9266
=1,247.091

Current CPI (Mar. 2025) = 134.9266.

CVS Health Quarterly Data

Book Value per Share CPI Adj_Book
201506 523.387 100.684 701.391
201509 565.406 100.392 759.908
201512 580.913 99.792 785.437
201603 573.667 100.470 770.405
201606 603.600 101.688 800.897
201609 652.056 101.861 863.723
201612 715.668 101.863 947.969
201703 620.367 102.862 813.749
201706 608.030 103.349 793.809
201709 624.574 104.136 809.249
201712 730.012 104.011 946.995
201803 691.531 105.290 886.185
201806 687.964 106.317 873.095
201809 672.168 106.507 851.527
201812 882.817 105.998 1,123.753
201903 891.979 107.251 1,122.155
201906 906.205 108.070 1,131.412
201909 950.135 108.329 1,183.414
201912 925.096 108.420 1,151.263
202003 1,170.424 108.902 1,450.130
202006 1,201.294 108.767 1,490.214
202009 1,161.204 109.815 1,426.740
202012 1,053.653 109.897 1,293.630
202103 1,103.004 111.754 1,331.711
202106 1,106.218 114.631 1,302.071
202109 1,156.640 115.734 1,348.446
202112 1,164.969 117.630 1,336.275
202203 1,125.597 121.301 1,252.034
202206 1,152.860 125.017 1,244.245
202209 1,081.208 125.227 1,164.959
202212 1,071.815 125.222 1,154.882
202303 1,005.989 127.348 1,065.858
202306 972.549 128.729 1,019.374
202309 1,006.114 129.860 1,045.372
202312 1,007.661 129.419 1,050.540
202403 980.505 131.776 1,003.946
202406 1,092.934 132.554 1,112.498
202409 1,173.028 133.029 1,189.762
202412 1,250.680 133.157 1,267.300
202503 1,247.091 134.927 1,247.091

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


CVS Health  (MEX:CVS) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1183.00/1144.90
=1.03

* 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 CVS Health was 4.18. The lowest was 0.82. And the median was 1.98.


Be Aware

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


CVS Health Cyclically Adjusted Book per Share Related Terms

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


CVS Health Business Description

Industry
Address
One CVS Drive, Woonsocket, RI, USA, 02895
CVS Health offers a diverse set of healthcare services. Its roots are in its retail pharmacy operations, where it operates over 9,000 stores primarily in the US. CVS is also a large pharmacy benefit manager (acquired through Caremark), processing about 2 billion adjusted claims annually. It also operates a top-tier health insurer (acquired through Aetna) where it serves about 27 million medical members. The company's recent acquisition of Oak Street adds primary care services to the mix, which could have significant synergies with all existing business lines.