CENEF (CareNet) Cyclically Adjusted PB Ratio: 6.62 (As of Aug. 14, 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CENEF CareNet Inc CENEF
17 GF Score
Price $5.76
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What is CareNet Cyclically Adjusted PB Ratio?

CareNet CENEF 17 Cyclically Adjusted PB Ratio is 6.62 as of Aug. 14, 2026. GuruFocus rates CENEF with a GF Score™ of 17/100.

As of today (2026-08-14), CareNet's current share price is $5.761732. CareNet's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2025 was $0.87. CareNet's Cyclically Adjusted PB Ratio for today is 6.62.

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

CENEF's Cyclically Adjusted PB Ratio is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 1.89
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

CareNet's adjusted book value per share data for the three months ended in Jun. 2025 was $281.820. 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 $0.87 for the trailing ten years ended in Jun. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


CareNet  (OTCPK:CENEF) 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.


CareNet Cyclically Adjusted PB Ratio Related Terms


CareNet Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for CareNet'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.

CareNet Cyclically Adjusted PB Ratio Chart

CareNet 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 31.20 22.58 16.40 12.08 4.76

CareNet Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 5.74 4.76 5.64 5.40 0.00

CENEF vs GEHC, VEEV, TEM: Cyclically Adjusted PB Ratio Comparison

For the Health Information Services subindustry, CareNet'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.


CareNet Cyclically Adjusted PB Ratio vs Healthcare Providers & Services Industry

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

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


CENEF
17GF Score
CareNet Inc CENEF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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CareNet 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.761732/0.87
=6.62

* 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.

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

For example, CareNet's adjusted Book Value per Share data for the three months ended in Jun. 2025 was:

Adj_Book=Book Value per Share/CPI of Jun. 2025 (Change)*Current CPI (Jun. 2025)
=281.82/111.7000*111.7000
=281.820

Current CPI (Jun. 2025) = 111.7000.

CareNet Quarterly Data

Book Value per Share CPI Adj_Book
201509 33.099 98.500 37.535
201512 35.447 98.100 40.361
201603 36.232 97.900 41.339
201606 34.884 98.100 39.720
201609 35.092 98.000 39.998
201612 38.183 98.400 43.344
201703 39.251 98.100 44.693
201706 40.967 98.500 46.457
201709 42.756 98.800 48.339
201712 47.630 99.400 53.524
201803 49.570 99.200 55.816
201806 49.420 99.200 55.647
201809 49.972 99.900 55.875
201812 56.067 99.700 62.815
201903 48.997 99.700 54.894
201906 51.503 99.800 57.644
201909 54.296 100.100 60.588
201912 53.719 100.500 59.706
202003 52.651 100.300 58.635
202006 58.298 99.900 65.184
202009 72.422 99.900 80.976
202012 76.919 99.300 86.524
202103 89.986 99.900 100.615
202106 97.873 99.500 109.874
202109 167.383 100.100 186.780
202112 203.254 100.100 226.808
202203 208.555 101.100 230.421
202206 219.288 101.800 240.614
202209 233.219 103.100 252.673
202212 249.246 104.100 267.443
202303 254.318 104.400 272.101
202306 264.011 105.200 280.323
202309 270.325 106.200 284.325
202312 280.737 106.800 293.617
202403 275.820 107.200 287.398
202406 284.063 108.200 293.252
202409 197.460 108.900 202.537
202412 356.877 110.700 360.101
202503 247.879 111.100 249.218
202506 281.820 111.700 281.820

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.

What does a Cyclically Adjusted PB Ratio of 6.62 mean?
CareNet (CENEF) has a Cyclically Adjusted PB Ratio of 6.62 as of Aug. 14, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on CareNet and its competitors.
Is CareNet's Cyclically Adjusted PB Ratio too high?
CareNet's current Cyclically Adjusted PB Ratio is 6.62. The Healthcare Providers & Services industry median Cyclically Adjusted PB Ratio is 1.89. CareNet's value of 6.62 is 250.3% above this industry median. Overall, CareNet has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does CareNet's Cyclically Adjusted PB Ratio compare to GEHC and VEEV?
CareNet's Cyclically Adjusted PB Ratio of 6.62 can be compared against companies in the Healthcare Providers & Services industry. The industry median Cyclically Adjusted PB Ratio is 1.89. CareNet's value of 6.62 is 250.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Healthcare Providers & Services company?
The median Cyclically Adjusted PB Ratio among Healthcare Providers & Services companies is 1.89, based on 348 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CareNet's current Cyclically Adjusted PB Ratio of 6.62 is 250.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on CareNet and its competitors. For the Healthcare Providers & Services industry, the median Cyclically Adjusted PB Ratio is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CareNet's current Cyclically Adjusted PB Ratio is 6.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CareNet stock overvalued right now?
CareNet (CENEF) has a current Cyclically Adjusted PB Ratio of 6.62. The current Cyclically Adjusted PB Ratio is 6.62 and 250.3% above the Healthcare Providers & Services industry median of 1.89. CareNet's overall GF Score™ is 17/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For CareNet (CENEF), the current Cyclically Adjusted PB Ratio is 6.62 as of Aug. 14, 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.

CareNet Business Description

Address 1-5-6 Kudan-Minami, Tokyo, JPN, 102-0074
CareNet Inc is a marketing company providing various solutions to pharma companies through the management of media specialized in medical/pharmaceutical education for HCPs.
17GF Score

Get the complete analysis for CENEF

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

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