CYH (Community Health Systems) Cyclically Adjusted PB Ratio: (As of Jul. 26, 2026)

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Director of Data and Quant Analytics at GuruFocus
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CYH Community Health Systems Inc CYH
62 GF Score
Price $2.73
GF Value $3.02
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Community Health Systems Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Community Health Systems  (NYSE:CYH) 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.


Community Health Systems Cyclically Adjusted PB Ratio Related Terms


Community Health Systems Cyclically Adjusted PB Ratio Historical Data

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The historical data trend for Community Health Systems'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.

Community Health Systems Cyclically Adjusted PB Ratio Chart

Community Health Systems Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.05 0.50 0.84 0.00 0.00

Community Health Systems Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.00 0.00 0.00 0.00

CYH vs SRTA, CCRN, TOI: Cyclically Adjusted PB Ratio Comparison

For the Medical Care Facilities subindustry, Community Health Systems'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.


Community Health Systems Cyclically Adjusted PB Ratio vs Healthcare Providers & Services Industry

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

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


CYH
62GF Score
Community Health Systems Inc CYH
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Community Health Systems 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.

Community Health Systems's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Community Health Systems's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=-9.864/333.9520*333.9520
=-9.864

Current CPI (Jun. 2026) = 333.9520.

Community Health Systems Quarterly Data

Book Value per Share CPI Adj_Book
201609 16.025 241.428 22.166
201612 14.182 241.432 19.617
201703 12.460 243.801 17.067
201706 11.311 244.955 15.421
201709 10.579 246.819 14.314
201712 -6.690 246.524 -9.063
201803 -6.664 249.554 -8.918
201806 -7.561 251.989 -10.020
201809 -10.366 252.439 -13.713
201812 -13.205 251.233 -17.553
201903 -14.085 254.202 -18.504
201906 -15.527 256.143 -20.244
201909 -15.680 256.759 -20.394
201912 -18.825 256.974 -24.464
202003 -18.424 258.115 -23.837
202006 -17.780 257.797 -23.032
202009 -16.864 260.280 -21.637
202012 -12.537 260.474 -16.074
202103 -12.721 264.877 -16.038
202106 -12.829 271.696 -15.769
202109 -11.936 274.310 -14.531
202112 -10.382 278.802 -12.436
202203 -10.335 287.504 -12.005
202206 -12.919 296.311 -14.560
202209 -13.259 296.808 -14.918
202212 -10.148 296.797 -11.418
202303 -10.567 301.836 -11.691
202306 -10.884 305.109 -11.913
202309 -10.697 307.789 -11.606
202312 -10.177 306.746 -11.080
202403 -10.276 312.332 -10.987
202406 -10.370 314.175 -11.023
202409 -13.121 315.301 -13.897
202412 -13.778 315.605 -14.579
202503 -13.706 319.799 -14.313
202506 -11.640 322.561 -12.051
202509 -10.719 324.800 -11.021
202512 -10.056 324.054 -10.363
202603 -10.318 330.213 -10.435
202606 -9.864 333.952 -9.864

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.

Is Community Health Systems (CYH) Overvalued in 2026?

Based on GuruFocus' analysis, Community Health Systems stock appears to be undervalued. The current stock price of $2.73 is trading 9.6% below its estimated GF Value™ of $3.02. GuruFocus considers Community Health Systems to be Modestly Undervalued.

Key valuation signals for CYH:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $3.02 vs. price of $2.73 (9.6% below fair value)
  • GF Score™: 62/100 with 5 warning signs

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


Community Health Systems Business Description

Other Exchanges CG5:Germany
Address 4000 Meridian Boulevard, Franklin, TN, USA, 37067
Community Health Systems Inc is a publicly owned hospital operator in the United States. The company also owns four home health agencies and provides management and consulting services to independent hospitals. The firm derives revenue through a broad range of general and specialized hospital healthcare services and outpatient services.
62GF Score

Get the complete analysis for CYH

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

$2.73
Price
$3.02
GF Value