HealthEquity (MEX:HQY) Cyclically Adjusted Book per Share: MXN507.69 (As of Apr. 2026)

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MEX:HQY HealthEquity Inc MEX:HQY
95 GF Score
Price MXN2,150.00
GF Value MXN2,222.88
! 4 Warning Signs
View Full Analysis

What is HealthEquity Cyclically Adjusted Book per Share?

HealthEquity MEX:HQY 95 Cyclically Adjusted Book per Share is MXN507.69 as of Apr. 2026. GuruFocus rates MEX:HQY with a GF Score™ of 95/100 and a GF Value™ of MXN2,222.88. The stock has 4 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.

HealthEquity's adjusted book value per share for the three months ended in Apr. 2026 was MXN427.304. 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 MXN507.69 for the trailing ten years ended in Apr. 2026.

During the past 12 months, HealthEquity's average Cyclically Adjusted Book Growth Rate was 15.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 16.90% 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 HealthEquity was 16.90% per year. The lowest was 16.90% per year. And the median was 16.90% per year.

As of today (2026-08-03), HealthEquity's current stock price is MXN2150.00. HealthEquity's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was MXN507.69. HealthEquity's Cyclically Adjusted PB Ratio of today is 4.23.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of HealthEquity was 7.03. The lowest was 4.00. And the median was 5.40.


HealthEquity  (MEX:HQY) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2150.00/507.69
=4.23

* 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 HealthEquity was 7.03. The lowest was 4.00. And the median was 5.40.


Be Aware

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


HealthEquity Cyclically Adjusted Book per Share Related Terms


HealthEquity Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for HealthEquity'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.

HealthEquity Cyclically Adjusted Book per Share Chart

HealthEquity Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 463.28

HealthEquity Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.00 384.12 407.59 463.28 507.69

MEX:HQY vs TEM, TXG, HNGE: Cyclically Adjusted Book per Share Comparison

For the Health Information Services subindustry, HealthEquity'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.


HealthEquity Cyclically Adjusted PB Ratio vs Healthcare Providers & Services Industry

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

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


MEX:HQY
95GF Score
HealthEquity Inc MEX:HQY
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Adj_Book= Book Value per Share /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=427.304/333.0200*333.0200
=427.304

Current CPI (Apr. 2026) = 333.0200.

HealthEquity Quarterly Data

Book Value per Share CPI Adj_Book
201607 76.804 240.628 106.294
201610 80.028 241.729 110.251
201701 91.667 242.839 125.709
201704 91.928 244.524 125.198
201707 93.417 244.786 127.089
201710 105.470 246.663 142.395
201801 106.011 247.867 142.430
201804 120.603 250.546 160.303
201807 129.248 252.006 170.798
201810 148.325 252.885 195.327
201901 145.559 251.712 192.577
201904 160.301 255.548 208.898
201907 273.593 256.571 355.114
201910 275.505 257.346 356.519
202001 273.920 257.971 353.609
202004 349.502 256.389 453.963
202007 387.531 259.101 498.090
202010 374.712 260.388 479.233
202101 361.888 261.582 460.720
202104 447.099 267.054 557.539
202107 442.140 273.003 539.340
202110 460.225 276.589 554.122
202201 456.333 281.148 540.527
202204 447.713 289.109 515.713
202207 449.269 296.276 504.987
202210 441.610 298.012 493.487
202301 420.423 299.170 467.992
202304 403.775 303.363 443.248
202307 380.720 305.691 414.757
202310 418.284 307.671 452.746
202401 405.842 308.417 438.217
202404 411.413 313.548 436.963
202407 459.387 314.540 486.377
202410 490.198 315.664 517.150
202501 504.166 317.671 528.526
202504 479.834 320.795 498.120
202507 466.857 323.048 481.268
202510 462.287 0.000
202601 430.063 325.252 440.334
202604 427.304 333.020 427.304

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 MXN507.69 mean?
HealthEquity (MEX:HQY) has a Cyclically Adjusted Book per Share of MXN507.69 as of Apr. 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 HealthEquity and its competitors.
Is HealthEquity's Cyclically Adjusted Book per Share too high?
HealthEquity's current Cyclically Adjusted Book per Share is MXN507.69. Overall, HealthEquity has a GF Score™ of 95/100, reflecting its overall financial health beyond just this single metric.
How does HealthEquity's Cyclically Adjusted Book per Share compare to TEM and TXG?
HealthEquity's Cyclically Adjusted Book per Share of MXN507.69 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 HealthEquity and its competitors. HealthEquity's current Cyclically Adjusted Book per Share is MXN507.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HealthEquity stock overvalued right now?
HealthEquity (MEX:HQY) has a current Cyclically Adjusted Book per Share of MXN507.69. The stock's GF Value™ is MXN2,222.88, compared to a current price of MXN2,150.00 — trading 3.3% below its estimated fair value. The current Cyclically Adjusted Book per Share is MXN507.69. HealthEquity's overall GF Score™ is 95/100 with 4 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 HealthEquity (MEX:HQY), the current Cyclically Adjusted Book per Share is MXN507.69 as of Apr. 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 HealthEquity (MEX:HQY) Overvalued in 2026?

Based on GuruFocus' analysis, HealthEquity stock appears to be undervalued. The current stock price of MXN2,150.00 is trading 3.3% below its estimated GF Value™ of MXN2,222.88.

Key valuation signals for MEX:HQY:

  • Cyclically Adjusted Book per Share: MXN507.69
  • GF Value™: MXN2,222.88 vs. price of MXN2,150.00 (3.3% below fair value)
  • GF Score™: 95/100 with 4 warning signs

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


HealthEquity Business Description

Other Exchanges HQY:USA
Address 15 West Scenic Pointe Drive, Suite 100, Draper, UT, USA, 84020
HealthEquity Inc provides solutions that allow consumers to make healthcare saving and spending decisions. It provides payment processing services, personalized benefit information, the ability to earn wellness incentives, and investment advice to grow their tax-advantaged healthcare savings. It manages consumers' tax-advantaged health savings accounts (HSAs) and other consumer-directed benefits (CDBs) offered by employers, including flexible spending accounts and health reimbursement arrangements (FSAs and HRAs), and administers Consolidated Omnibus Budget Reconciliation Act (COBRA), commuter and other benefits. It also provides investment advisory services to customers whose account balances exceed a certain threshold. HealthEquity generates its revenue in the United States.
95GF Score

Get the complete analysis for MEX:HQY

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

MXN2,150.00
Price
MXN2,222.88
GF Value