Healthcare Services Group (FRA:HS1) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
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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.

FRA:HS1 Healthcare Services Group Inc FRA:HS1
76 GF Score
Price €18.50
GF Value €12.46
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Healthcare Services Group Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Healthcare Services Group  (FRA:HS1) 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.


Healthcare Services Group Cyclically Adjusted PB Ratio Related Terms


Healthcare Services Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Healthcare Services Group'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.

Healthcare Services Group Cyclically Adjusted PB Ratio Chart

Healthcare Services Group 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 3.19 2.13 1.64 1.79 2.63

Healthcare Services Group 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 2.05 2.22 2.67 2.54 3.27

FRA:HS1 vs ARDT, AGL, INNV: Cyclically Adjusted PB Ratio Comparison

For the Medical Care Facilities subindustry, Healthcare Services Group'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.


Healthcare Services Group Cyclically Adjusted PB Ratio vs Healthcare Providers & Services Industry

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

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


FRA:HS1
76GF Score
Healthcare Services Group Inc FRA:HS1
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Healthcare Services Group 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.

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

For example, Healthcare Services Group'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)
=6.675/333.9520*333.9520
=6.675

Current CPI (Jun. 2026) = 333.9520.

Healthcare Services Group Quarterly Data

Book Value per Share CPI Adj_Book
201609 4.063 241.428 5.620
201612 4.425 241.432 6.121
201703 4.573 243.801 6.264
201706 4.512 244.955 6.151
201709 4.508 246.819 6.099
201712 4.536 246.524 6.145
201803 4.351 249.554 5.822
201806 4.741 251.989 6.283
201809 4.896 252.439 6.477
201812 5.219 251.233 6.937
201903 5.322 254.202 6.992
201906 5.328 256.143 6.946
201909 5.635 256.759 7.329
201912 5.530 256.974 7.187
202003 5.366 258.115 6.943
202006 5.380 257.797 6.969
202009 5.325 260.280 6.832
202012 5.272 260.474 6.759
202103 5.615 264.877 7.079
202106 5.514 271.696 6.777
202109 5.557 274.310 6.765
202112 5.396 278.802 6.463
202203 5.422 287.504 6.298
202206 5.655 296.311 6.373
202209 5.815 296.808 6.543
202212 5.290 296.797 5.952
202303 5.466 301.836 6.048
202306 5.566 305.109 6.092
202309 5.650 307.789 6.130
202312 5.636 306.746 6.136
202403 5.967 312.332 6.380
202406 5.994 314.175 6.371
202409 5.975 315.301 6.328
202412 6.595 315.605 6.978
202503 6.528 319.799 6.817
202506 5.612 322.561 5.810
202509 5.973 324.800 6.141
202512 6.242 324.054 6.433
202603 6.469 330.213 6.542
202606 6.675 333.952 6.675

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 Healthcare Services Group (FRA:HS1) Overvalued in 2026?

Based on GuruFocus' analysis, Healthcare Services Group stock appears to be overvalued. The current stock price of €18.50 is trading 48.5% above its estimated GF Value™ of €12.46. GuruFocus considers Healthcare Services Group to be Significantly Overvalued.

Key valuation signals for FRA:HS1:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €12.46 vs. price of €18.50 (48.5% above fair value)
  • GF Score™: 76/100 with 4 warning signs

No single metric tells the full story. See the FRA:HS1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Healthcare Services Group Business Description

Other Exchanges HCSG:USA
Address 3220 Tillman Drive, Suite 300, Bensalem, PA, USA, 19020
Healthcare Services Group Inc is a provider of housekeeping and facility management services to the healthcare industry. The company manages and evaluates its operations in two reportable segments: Environmental Services segment includes housekeeping, management of clients' housekeeping departments, cleaning, disinfecting and sanitizing, laundry, bed linen, and uniform services, linen and other services; and Dietary Segment includes dietary department services, food purchasing, meal preparation, and providing dietitian consulting services. Its clients are nursing homes, retirement complexes, rehabilitation centers, and hospitals in the United States of America. The Environmental Services segment derives maximum revenue.
76GF Score

Get the complete analysis for FRA:HS1

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

€18.50
Price
€12.46
GF Value