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AMN Healthcare Services (AMN Healthcare Services) Cyclically Adjusted Book per Share : $17.23 (As of Mar. 2024)


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What is AMN Healthcare Services Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

AMN Healthcare Services's adjusted book value per share for the three months ended in Mar. 2024 was $22.524. 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 $17.23 for the trailing ten years ended in Mar. 2024.

During the past 12 months, AMN Healthcare Services's average Cyclically Adjusted Book Growth Rate was 13.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 21.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 19.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 11.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of AMN Healthcare Services was 21.70% per year. The lowest was -4.50% per year. And the median was 4.90% per year.

As of today (2024-05-21), AMN Healthcare Services's current stock price is $55.85. AMN Healthcare Services's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $17.23. AMN Healthcare Services's Cyclically Adjusted PB Ratio of today is 3.24.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of AMN Healthcare Services was 11.21. The lowest was 1.76. And the median was 6.39.


AMN Healthcare Services Cyclically Adjusted Book per Share Historical Data

The historical data trend for AMN Healthcare Services's Cyclically Adjusted Book per Share 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.

* Premium members only.

AMN Healthcare Services Cyclically Adjusted Book per Share Chart

AMN Healthcare Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.01 9.25 11.65 14.43 16.53

AMN Healthcare Services Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 15.13 15.66 16.19 16.53 17.23

Competitive Comparison of AMN Healthcare Services's Cyclically Adjusted Book per Share

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


AMN Healthcare Services's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

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

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



AMN Healthcare Services Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, AMN Healthcare Services's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=22.524/131.7762*131.7762
=22.524

Current CPI (Mar. 2024) = 131.7762.

AMN Healthcare Services Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.024 100.560 6.584
201409 5.263 100.428 6.906
201412 5.501 99.070 7.317
201503 5.706 99.621 7.548
201506 6.047 100.684 7.914
201509 6.793 100.392 8.917
201512 7.291 99.792 9.628
201603 7.788 100.470 10.215
201606 8.385 101.688 10.866
201609 9.015 101.861 11.663
201612 9.438 101.863 12.210
201703 9.958 102.862 12.757
201706 10.605 103.349 13.522
201709 11.140 104.136 14.097
201712 11.847 104.011 15.009
201803 12.528 105.290 15.680
201806 12.986 106.317 16.096
201809 13.103 106.507 16.212
201812 13.700 105.998 17.032
201903 13.955 107.251 17.146
201906 14.582 108.070 17.781
201909 15.095 108.329 18.362
201912 15.769 108.420 19.166
202003 15.985 108.902 19.343
202006 16.547 108.767 20.047
202009 17.176 109.815 20.611
202012 17.420 109.897 20.888
202103 18.948 111.754 22.343
202106 20.447 114.631 23.505
202109 22.051 115.734 25.107
202112 24.586 117.630 27.543
202203 23.952 121.301 26.020
202206 24.019 125.017 25.318
202209 26.142 125.227 27.509
202212 24.920 125.222 26.224
202303 23.753 127.348 24.579
202306 20.173 128.729 20.651
202309 21.793 129.860 22.115
202312 21.985 129.419 22.385
202403 22.524 131.776 22.524

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


AMN Healthcare Services  (NYSE:AMN) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

AMN Healthcare Services's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=55.85/17.23
=3.24

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of AMN Healthcare Services was 11.21. The lowest was 1.76. And the median was 6.39.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


AMN Healthcare Services Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of AMN Healthcare Services's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


AMN Healthcare Services (AMN Healthcare Services) Business Description

Traded in Other Exchanges
Address
8840 Cypress Waters Boulevard, Suite 300, Dallas, TX, USA, 75019
AMN Healthcare Services is one of the largest healthcare staffing company in the United States. In 2022, it offered almost 12,000 nurses and allied healthcare full-time workers with provider clients nationwide. About two thirds of its business is generated from its temporary nursing division; the other third is generated from its physician placement and technology-backed workplace solutions divisions.
Executives
Mark Christopher Hagan officer: Chief Information and Digital C/O AMN HEALTHCARE SERVICES, INC., 12400 HIGH BLUFF DRIVE, SUITE 100, SAN DIEGO CA 92130
Jeffrey R Knudson officer: CFO C/O AMN HEALTHCARE SERVICES INC., 8840 CYPRESS WATERS BOULEVARD, SUITE 300, DALLAS TX 75019
Whitney M Laughlin officer: Chief Legal Officer C/O AMN HEALTHCARE SERVICES, INC., 2999 OLYMPUS BLVD., STE 500, DALLAS TX 75019
Daphne E Jones director 275 NORTH FIELD DRIVE, LAKE FOREST IL 60045
Mark G Foletta director AMYLIN PHARMACEUTICALS INC, 9360 TOWNE CENTRE DR, SAN DIEGO CA 92121
Denise L Jackson officer: General Counsel/Sr. VP 12400 HIGH BLUFF DRIVE, SUITE 100, SAN DIEGO CA 92130
Caroline Grace director, officer: Chief Executive Officer 200 E. RANDOLPH ST., CHICAGO IL 60601
Douglas D Wheat director C/O HAAS WHEAT & PARTNERS LP, 300 CRESCENT COURT, SUITE 1700, DALLAS TX 75201
Susan Nowakowski director, officer: President and COO 14778 EL RODEO CT., RANCHO SANTA FE CA 92067
Jorge A. Caballero director C/O AMN HEALTHCARE SERVICES INC., 8840 CYPRESS WATERS BOULEVARD, SUITE 300, DALLAS TX 75019
Christopher S Schwartz officer: Interim Principal Financial C/O AMN HEALTHCARE SERVICES INC., 8840 CYPRESS WATERS BOULEVARD, SUITE 300, DALLAS TX 75019
R Jeffrey Harris director 20735 BARTLETT DRIVE, BROOKFIELD WI 53045
Brian M. Scott officer: CFO/CAO 12400 HIGH BLUFF DRIVE, SUITE 100, SAN DIEGO CA 92130
Martha H. Marsh director 9769 WEXFORD CIRCLE, GRANITE BAY CA 95746
Sylvia Trent-adams director C/O AMN HEALTHCARE SERVICES, INC., 8840 CYPRESS WATERS BLVD, SUITE 300, DALLAS TX 75019