HealthCare Global Enterprises (NSE:HCG) Cyclically Adjusted Book per Share: ₹72.92 (As of Mar. 2026)


NSE:HCG HealthCare Global Enterprises Ltd NSE:HCG
85 GF Score
Price ₹652.60
GF Value ₹578.25
Valuation Modestly Overvalued
! 2 Warning Signs
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What is HealthCare Global Enterprises Cyclically Adjusted Book per Share?

HealthCare Global Enterprises NSE:HCG -0.34% 85 Cyclically Adjusted Book per Share is ₹72.92 as of Mar. 2026. GuruFocus rates NSE:HCG with a GF Score™ of 85/100 and a GF Value™ of ₹578.25 (Modestly Overvalued). The stock has 2 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.

HealthCare Global Enterprises's adjusted book value per share for the three months ended in Mar. 2026 was ₹89.213. 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 ₹72.92 for the trailing ten years ended in Mar. 2026.

During the past 12 months, HealthCare Global Enterprises's average Cyclically Adjusted Book Growth Rate was 4.40% 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.

As of today (2026-07-06), HealthCare Global Enterprises's current stock price is ₹652.60. HealthCare Global Enterprises's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹72.92. HealthCare Global Enterprises's Cyclically Adjusted PB Ratio of today is 8.95.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of HealthCare Global Enterprises was 10.55. The lowest was 7.24. And the median was 8.46.


HealthCare Global Enterprises  (NSE:HCG) 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.

HealthCare Global Enterprises's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=652.60/72.92
=8.95

* 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 12 years, the highest Cyclically Adjusted PB Ratio of HealthCare Global Enterprises was 10.55. The lowest was 7.24. And the median was 8.46.


Be Aware

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


HealthCare Global Enterprises Cyclically Adjusted Book per Share Related Terms


HealthCare Global Enterprises Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for HealthCare Global Enterprises'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.

HealthCare Global Enterprises Cyclically Adjusted Book per Share Chart

HealthCare Global Enterprises Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 69.82 72.92

HealthCare Global Enterprises Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 69.82 0.00 71.57 0.00 72.92

NSE:HCG vs HCA, THC, DVA: Cyclically Adjusted Book per Share Comparison

For the Medical Care Facilities subindustry, HealthCare Global Enterprises'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.


HealthCare Global Enterprises Cyclically Adjusted PB Ratio vs Healthcare Providers & Services Industry

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

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


NSE:HCG
85GF Score
HealthCare Global Enterprises Ltd NSE:HCG
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HealthCare Global Enterprises 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, HealthCare Global Enterprises's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=89.213/164.2724*164.2724
=89.213

Current CPI (Mar. 2026) = 164.2724.

HealthCare Global Enterprises Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 105.961 0.000
201609 52.946 105.961 82.083
201612 0.000 105.196 0.000
201703 50.168 105.196 78.342
201706 0.000 107.109 0.000
201709 49.852 109.021 75.117
201712 0.000 109.404 0.000
201803 58.908 109.786 88.144
201806 0.000 111.317 0.000
201809 54.429 115.142 77.654
201812 0.000 115.142 0.000
201903 53.882 118.202 74.883
201906 0.000 120.880 0.000
201909 51.279 123.175 68.388
201912 0.000 126.235 0.000
202003 42.723 124.705 56.278
202006 0.000 127.000 0.000
202009 64.857 130.118 81.881
202012 0.000 130.889 0.000
202103 55.273 131.771 68.906
202106 0.000 134.084 0.000
202109 62.704 135.847 75.825
202112 0.000 138.161 0.000
202203 62.221 138.822 73.628
202206 0.000 142.347 0.000
202209 62.958 144.661 71.493
202212 0.000 145.763 0.000
202303 61.476 146.865 68.763
202306 0.000 150.280 0.000
202309 61.219 151.492 66.384
202312 0.000 152.924 0.000
202403 58.921 153.035 63.248
202406 0.000 155.789 0.000
202409 61.448 157.882 63.935
202412 0.000 158.323 0.000
202503 65.759 157.552 68.564
202506 0.000 159.755 0.000
202509 64.891 162.289 65.684
202512 0.000 163.281 0.000
202603 89.213 164.272 89.213

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 ₹72.92 mean?
HealthCare Global Enterprises (NSE:HCG) has a Cyclically Adjusted Book per Share of ₹72.92 as of Mar. 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 HealthCare Global Enterprises and its competitors.
Is HealthCare Global Enterprises' Cyclically Adjusted Book per Share too high?
HealthCare Global Enterprises' current Cyclically Adjusted Book per Share is ₹72.92. Overall, HealthCare Global Enterprises has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does HealthCare Global Enterprises' Cyclically Adjusted Book per Share compare to HCA and THC?
HealthCare Global Enterprises' Cyclically Adjusted Book per Share of ₹72.92 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 HealthCare Global Enterprises and its competitors. HealthCare Global Enterprises's current Cyclically Adjusted Book per Share is ₹72.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HealthCare Global Enterprises stock overvalued right now?
Based on GuruFocus' analysis, HealthCare Global Enterprises (NSE:HCG) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹578.25, compared to a current price of ₹652.60 — trading 12.9% above its estimated fair value. The current Cyclically Adjusted Book per Share is ₹72.92. HealthCare Global Enterprises' overall GF Score™ is 85/100 with 2 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 HealthCare Global Enterprises (NSE:HCG), the current Cyclically Adjusted Book per Share is ₹72.92 as of Mar. 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 HealthCare Global Enterprises (NSE:HCG) Overvalued in 2026?

Based on GuruFocus' analysis, HealthCare Global Enterprises stock appears to be overvalued. The current stock price of ₹652.60 is trading 12.9% above its estimated GF Value™ of ₹578.25. GuruFocus considers HealthCare Global Enterprises to be Modestly Overvalued.

Key valuation signals for NSE:HCG:

  • Cyclically Adjusted Book per Share: ₹72.92
  • GF Value™: ₹578.25 vs. price of ₹652.60 (12.9% above fair value)
  • GF Score™: 85/100 with 2 warning signs

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


HealthCare Global Enterprises Business Description

Other Exchanges 539787:India
Address Mission Road, No. 3, Ground Floor, Tower Block, Unity Building Complex, Bengaluru, KA, IND, 560027
HealthCare Global Enterprises Ltd operates in oncology, providing comprehensive cancer diagnosis and treatment services including medical oncology, radiation therapy, and surgical oncology. It also offers fertility treatment services under the Milann brand, along with multi-specialty hospital care in key medical disciplines. The company's operations span many metropolitan and non-metro cities across India and extend internationally with cancer care centers in Africa. HCG generates revenue through patient services in oncology, fertility treatments, diagnostics, and multi-specialty hospital care, leveraging technology and a networked business model to deliver patient-centric healthcare.
85GF Score

Get the complete analysis for NSE:HCG

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

₹652.60
Price
₹578.25
GF Value