Henry Schein (WBO:HSIC) Cyclically Adjusted PB Ratio: (As of Aug. 06, 2026)

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.
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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.

WBO:HSIC Henry Schein Inc WBO:HSIC
73 GF Score
Price €77.00
GF Value €75.17
Valuation Fairly Valued
! 9 Warning Signs
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What is Henry Schein Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Henry Schein  (WBO:HSIC) 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.


Henry Schein Cyclically Adjusted PB Ratio Related Terms


Henry Schein Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Henry Schein'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.

Henry Schein Cyclically Adjusted PB Ratio Chart

Henry Schein 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 3.72 3.48 3.09 2.69 2.81

Henry Schein 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 2.75 2.47 2.81 2.68 0.00

WBO:HSIC vs AHG, ACH, FOCL: Cyclically Adjusted PB Ratio Comparison

For the Medical Distribution subindustry, Henry Schein'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.


Henry Schein Cyclically Adjusted PB Ratio vs Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Henry Schein's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


WBO:HSIC
73GF Score
Henry Schein Inc WBO:HSIC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Henry Schein 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.

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

For example, Henry Schein'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)
=23.956/333.9520*333.9520
=23.956

Current CPI (Jun. 2026) = 333.9520.

Henry Schein Quarterly Data

Book Value per Share CPI Adj_Book
201609 15.994 241.428 22.123
201612 16.673 241.432 23.062
201703 16.397 243.801 22.460
201706 16.443 244.955 22.417
201709 16.099 246.819 21.782
201712 15.458 246.524 20.940
201803 15.280 249.554 20.448
201806 16.276 251.989 21.570
201809 16.715 252.439 22.112
201812 17.193 251.233 22.854
201903 16.613 254.202 21.825
201906 16.926 256.143 22.068
201909 17.567 256.759 22.848
201912 18.822 256.974 24.460
202003 18.900 258.115 24.453
202006 18.647 257.797 24.155
202009 18.805 260.280 24.128
202012 19.319 260.474 24.769
202103 19.962 264.877 25.168
202106 19.953 271.696 24.525
202109 21.126 274.310 25.719
202112 22.101 278.802 26.473
202203 23.684 287.504 27.510
202206 24.919 296.311 28.085
202209 26.964 296.808 30.338
202212 24.683 296.797 27.773
202303 24.717 301.836 27.347
202306 25.164 305.109 27.543
202309 26.328 307.789 28.566
202312 25.932 306.746 28.232
202403 25.778 312.332 27.562
202406 25.674 314.175 27.290
202409 25.219 315.301 26.711
202412 26.099 315.605 27.616
202503 25.046 319.799 26.154
202506 24.503 322.561 25.368
202509 24.151 324.800 24.832
202512 23.937 324.054 24.668
202603 24.689 330.213 24.969
202606 23.956 333.952 23.956

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 Henry Schein (WBO:HSIC) Overvalued in 2026?

Based on GuruFocus' analysis, Henry Schein stock appears to be overvalued. The current stock price of €77.00 is trading 2.4% above its estimated GF Value™ of €75.17. GuruFocus considers Henry Schein to be Fairly Valued.

Key valuation signals for WBO:HSIC:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €75.17 vs. price of €77.00 (2.4% above fair value)
  • GF Score™: 73/100 with 9 warning signs

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


Henry Schein Business Description

Address 135 Duryea Road, Melville, NY, USA, 11747
Henry Schein Inc is a solutions company for healthcare professionals. It offers healthcare equipment, products, and services to office-based dental and medical practitioners, as well as alternative sites of care. The company's reportable segments are: Global Distribution and Value-Added Services, Global Specialty Products, and Global Technology. It generates maximum revenue from the Global Distribution and Value-Added Services segment, which includes distribution to the dental and medical markets of national brand and corporate brand merchandise, as well as equipment and related technical services. This segment also includes value-added services such as financial services, continuing education services, consulting, and other practice services.
73GF Score

Get the complete analysis for WBO:HSIC

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

€77.00
Price
€75.17
GF Value