FCHS (First Choice Healthcare Solutions) Cyclically Adjusted PB Ratio: (As of Sep. 16, 2026)

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Director of Data and Quant Analytics at GuruFocus
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What is First Choice Healthcare Solutions Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


First Choice Healthcare Solutions  (OTCPK:FCHS) 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.


First Choice Healthcare Solutions Cyclically Adjusted PB Ratio Related Terms


First Choice Healthcare Solutions Cyclically Adjusted PB Ratio Historical Data

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The historical data trend for First Choice Healthcare Solutions'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.

First Choice Healthcare Solutions Cyclically Adjusted PB Ratio Chart

First Choice Healthcare Solutions Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.04 0.00 0.00 0.00 0.00

First Choice Healthcare Solutions Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 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

FCHS vs FOXO, BACK, GRST: Cyclically Adjusted PB Ratio Comparison

For the Medical Care Facilities subindustry, First Choice Healthcare Solutions'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.


First Choice Healthcare Solutions Cyclically Adjusted PB Ratio vs Healthcare Providers & Services Industry

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

* The bar in red indicates where First Choice Healthcare Solutions's Cyclically Adjusted PB Ratio falls into.



First Choice Healthcare Solutions 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.

First Choice Healthcare Solutions's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, First Choice Healthcare Solutions'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)
=-1.457/333.9520*333.9520
=-1.457

Current CPI (Jun. 2026) = 333.9520.

First Choice Healthcare Solutions Quarterly Data

Book Value per Share CPI Adj_Book
201206 -0.050 229.478 -0.073
201209 -0.064 231.407 -0.092
201212 -0.102 229.601 -0.148
201303 -0.117 232.773 -0.168
201306 -0.125 233.504 -0.179
201309 -0.066 234.149 -0.094
201312 -0.107 233.049 -0.153
201403 -0.107 236.293 -0.151
201406 -0.100 238.343 -0.140
201409 -0.102 238.031 -0.143
201412 -0.176 234.812 -0.250
201503 -0.144 236.119 -0.204
201506 0.053 238.638 0.074
201509 0.218 237.945 0.306
201512 0.133 236.525 0.188
201603 0.555 238.132 0.778
201606 0.576 241.018 0.798
201609 0.600 241.428 0.830
201612 0.607 241.432 0.840
201703 0.565 243.801 0.774
201706 0.563 244.955 0.768
201709 0.541 246.819 0.732
201712 0.423 246.524 0.573
201803 0.359 249.554 0.480
201806 0.373 251.989 0.494
201809 0.378 252.439 0.500
202303 0.000 301.836 0.000
202306 0.000 305.109 0.000
202309 -0.831 307.789 -0.902
202312 -0.866 306.746 -0.943
202403 -0.907 312.332 -0.970
202406 -0.960 314.175 -1.020
202409 -0.986 315.301 -1.044
202412 -0.985 315.605 -1.042
202503 -1.028 319.799 -1.073
202506 -1.048 322.561 -1.085
202509 -1.094 324.800 -1.125
202512 -1.199 324.054 -1.236
202603 -1.244 330.213 -1.258
202606 -1.457 333.952 -1.457

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.


First Choice Healthcare Solutions Business Description

Address 95 Bulldog Boulevard, Suite 202, Melbourne, FL, USA, 32901
First Choice Healthcare Solutions Inc is engaged in pivoting away from its historic orthopedic business model toward developing a national chain of medical functional health and wellness clinics. These clinics focus on providing life improvement services, including anti-aging, weight management, hormone replacement, and pharmacy services, in key high-growth markets throughout the U.S. However, the Company continues to provide rehabilitative services on a limited basis, such as physical therapy. It plans to terminate all remaining legacy orthopedic and physical therapy services and focus its resources on building and operating medical functional health and wellness clinics.