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Cardinal Health (BSP:C1AH34) Cyclically Adjusted PB Ratio : 10.38 (As of Dec. 12, 2024)


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What is Cardinal Health Cyclically Adjusted PB Ratio?

As of today (2024-12-12), Cardinal Health's current share price is R$638.86. Cardinal Health's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was R$61.55. Cardinal Health's Cyclically Adjusted PB Ratio for today is 10.38.

The historical rank and industry rank for Cardinal Health's Cyclically Adjusted PB Ratio or its related term are showing as below:

BSP:C1AH34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.06   Med: 3.48   Max: 10.86
Current: 10.39

During the past years, Cardinal Health's highest Cyclically Adjusted PB Ratio was 10.86. The lowest was 2.06. And the median was 3.48.

BSP:C1AH34's Cyclically Adjusted PB Ratio is ranked worse than
97.26% of 73 companies
in the Medical Distribution industry
Industry Median: 1.3 vs BSP:C1AH34: 10.39

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 adjusted book value per share data for the three months ended in Sep. 2024 was R$-75.037. 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 R$61.55 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cardinal Health Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Cardinal Health's Cyclically Adjusted PB Ratio 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 PB Ratio Chart

Cardinal Health Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.71 3.01 2.83 6.04 8.05

Cardinal Health Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Cyclically Adjusted PB Ratio 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 5.85 7.30 8.55 8.05 9.78

Competitive Comparison of Cardinal Health's Cyclically Adjusted PB Ratio

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.



Cardinal Health Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=638.86/61.55
=10.38

* 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.

Cardinal Health's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Cardinal Health's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=-75.037/133.0289*133.0289
=-75.037

Current CPI (Sep. 2024) = 133.0289.

Cardinal Health Quarterly Data

Book Value per Share CPI Adj_Book
201412 48.835 99.070 65.575
201503 60.446 99.621 80.716
201506 59.350 100.684 78.416
201509 77.174 100.392 102.263
201512 79.082 99.792 105.421
201603 76.149 100.470 100.826
201606 69.680 101.688 91.156
201609 66.203 101.861 86.460
201612 67.112 101.863 87.646
201703 65.776 102.862 85.066
201706 70.997 103.349 91.386
201709 66.409 104.136 84.835
201712 79.488 104.011 101.664
201803 79.466 105.290 100.402
201806 73.943 106.317 92.521
201809 80.982 106.507 101.148
201812 78.750 105.998 98.832
201903 80.294 107.251 99.593
201906 81.602 108.070 100.449
201909 12.654 108.329 15.539
201912 14.042 108.420 17.229
202003 20.130 108.902 24.590
202006 31.679 108.767 38.745
202009 26.118 109.815 31.639
202012 34.490 109.897 41.750
202103 34.663 111.754 41.262
202106 30.949 114.631 35.916
202109 25.893 115.734 29.762
202112 20.374 117.630 23.041
202203 -12.705 121.301 -13.933
202206 -13.109 125.017 -13.949
202209 -35.644 125.227 -37.865
202212 -44.819 125.222 -47.613
202303 -45.345 127.348 -47.368
202306 -57.200 128.729 -59.111
202309 -69.802 129.860 -71.506
202312 -69.411 129.419 -71.347
202403 -66.635 131.776 -67.268
202406 -70.924 132.554 -71.178
202409 -75.037 133.029 -75.037

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


Cardinal Health  (BSP:C1AH34) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Cardinal Health Cyclically Adjusted PB Ratio Related Terms

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


Cardinal Health Business Description

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.

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