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Henry Schein (MEX:HSIC) Cyclically Adjusted Book per Share : MXN440.03 (As of Mar. 2024)


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What is Henry Schein 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.

Henry Schein's adjusted book value per share for the three months ended in Mar. 2024 was MXN465.022. 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 MXN440.03 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Henry Schein's average Cyclically Adjusted Book Growth Rate was 6.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.60% 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 Henry Schein was 13.50% per year. The lowest was 5.80% per year. And the median was 9.50% per year.

As of today (2024-06-22), Henry Schein's current stock price is MXN1325.00. Henry Schein's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was MXN440.03. Henry Schein's Cyclically Adjusted PB Ratio of today is 3.01.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Henry Schein was 5.03. The lowest was 2.53. And the median was 3.77.


Henry Schein Cyclically Adjusted Book per Share Historical Data

The historical data trend for Henry Schein'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.

Henry Schein Cyclically Adjusted Book per Share Chart

Henry Schein Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 424.74 384.62

Henry Schein Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 426.54 436.87 485.13 384.62 440.03

Competitive Comparison of Henry Schein's Cyclically Adjusted Book per Share

For the Medical Distribution subindustry, Henry Schein'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.


Henry Schein's Cyclically Adjusted PB Ratio Distribution in the Medical Distribution Industry

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

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



Henry Schein 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, Henry Schein's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=465.022/131.7762*131.7762
=465.022

Current CPI (Mar. 2024) = 131.7762.

Henry Schein Quarterly Data

Book Value per Share CPI Adj_Book
201406 217.430 100.560 284.927
201409 224.025 100.428 293.954
201412 247.002 99.070 328.546
201503 248.417 99.621 328.600
201506 268.530 100.684 351.455
201509 297.830 100.392 390.939
201512 300.883 99.792 397.317
201603 305.281 100.470 400.404
201606 333.150 101.688 431.724
201609 347.094 101.861 449.031
201612 362.612 101.863 469.098
201703 330.200 102.862 423.017
201706 333.954 103.349 425.811
201709 348.227 104.136 440.657
201712 359.271 104.011 455.176
201803 342.295 105.290 428.403
201806 373.614 106.317 463.082
201809 364.820 106.507 451.376
201812 384.049 105.998 477.448
201903 364.135 107.251 447.404
201906 367.389 108.070 447.981
201909 381.939 108.329 464.606
201912 394.433 108.420 479.403
202003 489.689 108.902 592.548
202006 484.706 108.767 587.242
202009 489.296 109.815 587.148
202012 467.503 109.897 560.578
202103 485.771 111.754 572.801
202106 478.530 114.631 550.101
202109 511.056 115.734 581.893
202112 512.304 117.630 573.916
202203 519.358 121.301 564.208
202206 529.933 125.017 558.585
202209 537.009 125.227 565.096
202212 509.763 125.222 536.445
202303 477.014 127.348 493.602
202306 467.405 128.729 478.470
202309 489.444 129.860 496.668
202312 480.014 129.419 488.755
202403 465.022 131.776 465.022

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


Henry Schein  (MEX:HSIC) 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.

Henry Schein's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1325.00/440.03
=3.01

* 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 Henry Schein was 5.03. The lowest was 2.53. And the median was 3.77.


Be Aware

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


Henry Schein Cyclically Adjusted Book per Share Related Terms

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


Henry Schein (MEX:HSIC) Business Description

Industry
Traded in Other Exchanges
Address
135 Duryea Road, Melville, NY, USA, 11747
Henry Schein Inc is a solutions company for healthcare professionals powered by a network of people and technology. The company is a provider of healthcare products and services primarily to office-based dental and medical practitioners, as well as alternate sites of care. The company operates in two reportable segments; health care distribution and technology & value-added services. The healthcare distribution segment is engaged in combining global dental and medical businesses and distributes consumable products, small equipment, laboratory products, and Vitamins. The technology and value-added services reportable segment provides software, technology & other value-added services to health care practitioners. The majority of revenue is derived from the health care distribution segment.

Henry Schein (MEX:HSIC) Headlines