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CDNA (CareDx) Cyclically Adjusted PB Ratio : 3.34 (As of May. 29, 2025)


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What is CareDx Cyclically Adjusted PB Ratio?

As of today (2025-05-29), CareDx's current share price is $16.56. CareDx's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $4.96. CareDx's Cyclically Adjusted PB Ratio for today is 3.34.

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

CDNA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.83   Med: 3.86   Max: 15.6
Current: 3.45

During the past years, CareDx's highest Cyclically Adjusted PB Ratio was 15.60. The lowest was 1.83. And the median was 3.86.

CDNA's Cyclically Adjusted PB Ratio is ranked worse than
76.47% of 136 companies
in the Medical Diagnostics & Research industry
Industry Median: 1.84 vs CDNA: 3.45

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.

CareDx's adjusted book value per share data for the three months ended in Mar. 2025 was $6.840. 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 $4.96 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


CareDx Cyclically Adjusted PB Ratio Historical Data

The historical data trend for CareDx'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.

CareDx Cyclically Adjusted PB Ratio Chart

CareDx Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 5.22 3.47 4.43

CareDx Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 2.57 3.27 6.54 4.43 3.58

Competitive Comparison of CareDx's Cyclically Adjusted PB Ratio

For the Diagnostics & Research subindustry, CareDx'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.


CareDx's Cyclically Adjusted PB Ratio Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, CareDx's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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CareDx 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.

CareDx's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.56/4.96
=3.34

* 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.

CareDx's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, CareDx'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)
=6.84/134.9266*134.9266
=6.840

Current CPI (Mar. 2025) = 134.9266.

CareDx Quarterly Data

Book Value per Share CPI Adj_Book
201506 3.106 100.684 4.162
201509 2.851 100.392 3.832
201512 2.478 99.792 3.350
201603 1.708 100.470 2.294
201606 1.686 101.688 2.237
201609 1.706 101.861 2.260
201612 0.916 101.863 1.213
201703 0.685 102.862 0.899
201706 0.552 103.349 0.721
201709 -0.014 104.136 -0.018
201712 -0.213 104.011 -0.276
201803 0.948 105.290 1.215
201806 0.805 106.317 1.022
201809 1.144 106.507 1.449
201812 2.318 105.998 2.951
201903 2.281 107.251 2.870
201906 2.202 108.070 2.749
201909 2.299 108.329 2.863
201912 2.330 108.420 2.900
202003 2.357 108.902 2.920
202006 5.337 108.767 6.621
202009 5.468 109.815 6.718
202012 5.616 109.897 6.895
202103 9.079 111.754 10.962
202106 9.131 114.631 10.748
202109 8.946 115.734 10.430
202112 8.803 117.630 10.097
202203 8.619 121.301 9.587
202206 8.318 125.017 8.977
202209 8.159 125.227 8.791
202212 8.049 125.222 8.673
202303 7.828 127.348 8.294
202306 7.502 128.729 7.863
202309 7.278 129.860 7.562
202312 5.074 129.419 5.290
202403 4.948 131.776 5.066
202406 5.030 132.554 5.120
202409 5.145 133.029 5.218
202412 6.909 133.157 7.001
202503 6.840 134.927 6.840

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.


CareDx  (NAS:CDNA) 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.


CareDx Cyclically Adjusted PB Ratio Related Terms

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


CareDx Business Description

Traded in Other Exchanges
Address
8000 Marina Boulevard, Brisbane, CA, USA, 94005
CareDx Inc operates as a precision medicine company focused on the discovery, development, and commercialization of clinically differentiated, high-value healthcare solutions for transplant patients and caregivers. It offers testing services, products, and digital solutions along with the pre- and post-transplant patient journey and is a provider of genomics-based information for transplant patients. The Company's commercially available testing services consist of AlloSure Kidney, AlloMap Heart, AlloSure Heart, a dd-cfDNA solution for heart transplant patients, and AlloSure Lung, a dd-cfDNA solution for lung transplant patients. Geographically the company generates the majority of its revenue from the United States. The company generates the majority of revenue from the Testing services.
Executives
Christine Cournoyer director 150 SHAW ROAD, CHESTNUT MA 02467
Peter Maag director, officer: President and CEO CAREDX, INC., 3260 BAYSHORE BOULEVARD, BRISBANE CA 94005
Abhishek Jain officer: See Remarks C/O CAREDX, INC., 1 TOWER PLACE, 9TH FLOOR, SOUTH SAN FRANCISCO CA 94080
George Bickerstaff director C/O VION PHARMACEUTICALS, INC., 4 SCIENCE PARK, NEW HAVEN CT 06511
Alexander L Johnson officer: Chief Business Officer C/O DIADEXUS, INC., 349 OYSTER POINT BOULEVARD, SOUTH SAN FRANCISCO CA 94080
Reginald Seeto officer: See Remarks C/O ARDELYX, INC., 34175 ARDENWOOD BLVD, SUITE 200, FREMONT CA 94555
Abraham Ronai officer: See Remarks C/O CAREDX, INC., 8000 MARINA BLVD, BRISBANE CA 94005
Grace Colon director C/O CAREDX, INC., 3260 BAYSHORE BOULEVARD, BRISBANE CA 94005
Michael Goldberg director 3000 SAND HILL ROAD, BUILDING 3, SUITE 290, MENLO PARK CA 94025
Ankur Dhingra officer: Chief Financial Officer C/O CAREDX, INC., 1 TOWER PLACE, 9TH FLOOR, SOUTH SAN FRANCISCO CA 94080
Arthur A Torres director 87 BVENA VISTA TERRACE, SAN FRANCISCO CA 94117
Hannah Valantine director 1305 O'BRIEN DRIVE, MENLO PARK CA 94025
Sasha King officer: Chief Commercial Officer C/O CAREDX, INC., 3260 BAYSHORE BOULEVARD, BRISBANE CA 94005
William A Hagstrom director 320 WAKARA WAY, SALT LAKE CITY UT 84108
Ralph Snyderman director C/O SAIC, 10260 CAMPUS POINT DR M/S F3, SAN DIEGO CA 92121