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Community Health Systems (FRA:CG5) Cyclically Adjusted PB Ratio : (As of Dec. 14, 2024)


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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 Cyclically Adjusted PB Ratio Historical Data

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.

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Community Health Systems Cyclically Adjusted PB Ratio Chart

Community Health Systems Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 0.47 1.05 0.50 0.84

Community Health Systems 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 0.57 0.84 1.42 2.94 -

Competitive Comparison of Community Health Systems's Cyclically Adjusted PB Ratio

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's Cyclically Adjusted PB Ratio Distribution in the 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.



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 Sep. 2024 is calculated as:

For example, Community Health Systems'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)
=-11.822/133.0289*133.0289
=-11.822

Current CPI (Sep. 2024) = 133.0289.

Community Health Systems Quarterly Data

Book Value per Share CPI Adj_Book
201412 27.812 99.070 37.345
201503 31.950 99.621 42.664
201506 31.689 100.684 41.869
201509 31.974 100.392 42.369
201512 32.720 99.792 43.618
201603 31.600 100.470 41.840
201606 14.841 101.688 19.415
201609 14.279 101.861 18.648
201612 13.445 101.863 17.559
201703 11.650 102.862 15.067
201706 10.066 103.349 12.957
201709 8.876 104.136 11.339
201712 -5.653 104.011 -7.230
201803 -5.404 105.290 -6.828
201806 -6.472 106.317 -8.098
201809 -8.884 106.507 -11.096
201812 -11.607 105.998 -14.567
201903 -12.465 107.251 -15.461
201906 -13.741 108.070 -16.915
201909 -14.237 108.329 -17.483
201912 -16.942 108.420 -20.787
202003 -16.674 108.902 -20.368
202006 -15.789 108.767 -19.311
202009 -14.317 109.815 -17.344
202012 -10.306 109.897 -12.475
202103 -10.685 111.754 -12.719
202106 -10.648 114.631 -12.357
202109 -10.145 115.734 -11.661
202112 -9.188 117.630 -10.391
202203 -9.384 121.301 -10.291
202206 -12.222 125.017 -13.005
202209 -13.392 125.227 -14.226
202212 -9.580 125.222 -10.177
202303 -9.869 127.348 -10.309
202306 -10.046 128.729 -10.382
202309 -10.023 129.860 -10.268
202312 -9.333 129.419 -9.593
202403 -9.454 131.776 -9.544
202406 -9.634 132.554 -9.669
202409 -11.822 133.029 -11.822

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.


Community Health Systems  (FRA:CG5) 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

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


Community Health Systems Business Description

Traded in Other Exchanges
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.

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