DaVita (MEX:DVA) Cyclically Adjusted PB Ratio: 15.53 (As of Jul. 26, 2026) — 271% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

MEX:DVA DaVita Inc MEX:DVA
72 GF Score
Price MXN3,358.09
GF Value MXN2,229.79
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is DaVita Cyclically Adjusted PB Ratio?

DaVita MEX:DVA 72 Cyclically Adjusted PB Ratio is 15.53 as of Jul. 26, 2026, which is 271% above its 10-year median of 4.19. GuruFocus rates MEX:DVA with a GF Score™ of 72/100 and a GF Value™ of MXN2,229.79 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 356 Healthcare Providers & Services companies, DaVita ranks worse than 95.79% on this metric.

As of today (2026-07-26), DaVita's current share price is MXN3358.09. DaVita's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN216.23. DaVita's Cyclically Adjusted PB Ratio for today is 15.53.

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

MEX:DVA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.13   Med: 4.19   Max: 14.22
Current: 14.12

During the past years, DaVita's highest Cyclically Adjusted PB Ratio was 14.22. The lowest was 2.13. And the median was 4.19.

MEX:DVA's Cyclically Adjusted PB Ratio is ranked worse than
95.79% of 356 companies
in the Healthcare Providers & Services industry
Industry Median: 1.83 vs MEX:DVA: 14.12

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.

DaVita's adjusted book value per share data for the three months ended in Mar. 2026 was MXN-205.842. 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 MXN216.23 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


DaVita  (MEX:DVA) 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.


DaVita Cyclically Adjusted PB Ratio Related Terms


DaVita Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for DaVita'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.

DaVita Cyclically Adjusted PB Ratio Chart

DaVita 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 5.00 3.22 4.66 7.22 6.52

DaVita Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 7.60 7.35 7.18 6.52 9.22

MEX:DVA vs EHC, THC, ENSG: Cyclically Adjusted PB Ratio Comparison

For the Medical Care Facilities subindustry, DaVita'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.


DaVita Cyclically Adjusted PB Ratio vs Healthcare Providers & Services Industry

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

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


MEX:DVA
72GF Score
DaVita Inc MEX:DVA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DaVita 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3358.09/216.23
=15.53

* 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.

DaVita's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, DaVita's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-205.842/330.2130*330.2130
=-205.842

Current CPI (Mar. 2026) = 330.2130.

DaVita Quarterly Data

Book Value per Share CPI Adj_Book
201606 424.212 241.018 581.203
201609 473.015 241.428 646.966
201612 492.556 241.432 673.682
201703 497.337 243.801 673.611
201706 480.670 244.955 647.970
201709 458.858 246.819 613.895
201712 504.816 246.524 676.189
201803 466.315 249.554 617.034
201806 492.236 251.989 645.039
201809 431.006 252.439 563.795
201812 437.036 251.233 574.427
201903 451.778 254.202 586.868
201906 472.920 256.143 609.676
201909 341.875 256.759 439.679
201912 319.732 256.974 410.857
202003 374.969 258.115 479.707
202006 407.569 257.797 522.056
202009 305.745 260.280 387.894
202012 250.352 260.474 317.381
202103 231.875 264.877 289.071
202106 240.809 271.696 292.674
202109 229.161 274.310 275.863
202112 159.304 278.802 188.680
202203 176.404 287.504 202.609
202206 131.955 296.311 147.052
202209 118.915 296.808 132.299
202212 153.604 296.797 170.898
202303 164.138 301.836 179.569
202306 191.112 305.109 206.836
202309 228.672 307.789 245.332
202312 201.820 306.746 217.260
202403 175.229 312.332 185.261
202406 136.279 314.175 143.236
202409 92.159 315.301 96.518
202412 31.366 315.605 32.818
202503 -70.712 319.799 -73.015
202506 -93.778 322.561 -96.003
202509 -147.802 324.800 -150.265
202512 -171.019 324.054 -174.269
202603 -205.842 330.213 -205.842

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 15.53 mean?
DaVita (MEX:DVA) has a Cyclically Adjusted PB Ratio of 15.53 as of Jul. 26, 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 DaVita and its competitors. This is 271% above median its historical median of 4.19. Over the past decade, DaVita's Cyclically Adjusted PB Ratio has ranged from 2.13 to 14.22. According to the industry distribution chart, DaVita ranks #341 out of 356 companies in the Healthcare Providers & Services industry, placing it in the top 95.8%.
Is DaVita's Cyclically Adjusted PB Ratio too high?
DaVita's current Cyclically Adjusted PB Ratio of 15.53 is 271% above median its 10-year median of 4.19. Over the past 10 years, this metric has ranged from a low of 2.13 to a high of 14.22. The Healthcare Providers & Services industry median Cyclically Adjusted PB Ratio is 1.83. DaVita's value of 15.53 is 748.6% above this industry median. Based on the distribution chart, DaVita ranks #341 out of 356 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers. Overall, DaVita has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does DaVita's Cyclically Adjusted PB Ratio compare to EHC and THC?
According to the Healthcare Providers & Services industry distribution chart, DaVita ranks #341 out of 356 companies for Cyclically Adjusted PB Ratio. This places DaVita in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.83. DaVita's value of 15.53 is 748.6% above this benchmark. Historically, DaVita's own Cyclically Adjusted PB Ratio has ranged from 2.13 to 14.22 over the past decade. While the company's 10-year median is 4.19 vs. the industry median of 1.83, DaVita has consistently been above the industry average. 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 1.83, based on 356 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. DaVita's current Cyclically Adjusted PB Ratio of 15.53 is 748.6% 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 DaVita and its competitors. For the Healthcare Providers & Services industry, the median Cyclically Adjusted PB Ratio is 1.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DaVita's current Cyclically Adjusted PB Ratio is 15.53, which is 271% above median its own 10-year median of 4.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DaVita stock overvalued right now?
Based on GuruFocus' analysis, DaVita (MEX:DVA) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN2,229.79, compared to a current price of MXN3,358.09 — trading 50.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 15.53, which is 271% above median its 10-year median of 4.19 and 748.6% above the Healthcare Providers & Services industry median of 1.83. DaVita's overall GF Score™ is 72/100 with 6 warning signs to review. 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 DaVita (MEX:DVA), the current Cyclically Adjusted PB Ratio is 15.53 as of Jul. 26, 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.

Is DaVita (MEX:DVA) Overvalued in 2026?

Based on GuruFocus' analysis, DaVita stock appears to be overvalued. The current stock price of MXN3,358.09 is trading 50.6% above its estimated GF Value™ of MXN2,229.79. GuruFocus considers DaVita to be Significantly Overvalued.

Key valuation signals for MEX:DVA:

  • Cyclically Adjusted PB Ratio: 15.53 (271% above median its 10-year median of 4.19)
  • GF Value™: MXN2,229.79 vs. price of MXN3,358.09 (50.6% above fair value)
  • GF Score™: 72/100 with 6 warning signs
  • Industry Position: 748.6% above the Healthcare Providers & Services median (#341 of 356)

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


DaVita Business Description

Address 2000 16th Street, Denver, CO, USA, 80202
DaVita is one of the largest providers of dialysis services in the United States, boasting a market share of about 35%. The firm operates over 3,200 facilities worldwide, mostly in the US, and treats about 300,000 patients annually. Government payers dominate US dialysis reimbursement. DaVita receives about two-thirds of US sales at government (primarily Medicare) reimbursement rates, with the remainder coming from commercial insurers. While commercial insurers represent only about 10% of US patients treated, they represent nearly all of the profits generated by DaVita in the US dialysis business.
72GF Score

Get the complete analysis for MEX:DVA

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

MXN3,358.09
Price
MXN2,229.79
GF Value