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Astrana Health (Astrana Health) Cyclically Adjusted PB Ratio : 6.79 (As of May. 24, 2024)


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What is Astrana Health Cyclically Adjusted PB Ratio?

As of today (2024-05-24), Astrana Health's current share price is $37.69. Astrana Health's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $5.55. Astrana Health's Cyclically Adjusted PB Ratio for today is 6.79.

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

ASTH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 6.27   Med: 17.74   Max: 204.9
Current: 6.86

During the past years, Astrana Health's highest Cyclically Adjusted PB Ratio was 204.90. The lowest was 6.27. And the median was 17.74.

ASTH's Cyclically Adjusted PB Ratio is ranked worse than
87.22% of 313 companies
in the Healthcare Providers & Services industry
Industry Median: 1.96 vs ASTH: 6.86

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.

Astrana Health's adjusted book value per share data for the three months ended in Mar. 2024 was $13.770. 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 $5.55 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Astrana Health Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Astrana Health'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.

* Premium members only.

Astrana Health Cyclically Adjusted PB Ratio Chart

Astrana Health Annual Data
Trend Jan14 Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.94 13.91 31.04 8.02 7.51

Astrana Health Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 8.99 7.16 6.45 7.51 7.56

Competitive Comparison of Astrana Health's Cyclically Adjusted PB Ratio

For the Medical Care Facilities subindustry, Astrana Health'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.


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

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

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



Astrana Health 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.

Astrana Health's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=37.69/5.55
=6.79

* 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.

Astrana Health's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Astrana Health'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)
=13.77/131.7762*131.7762
=13.770

Current CPI (Mar. 2024) = 131.7762.

Astrana Health Quarterly Data

Book Value per Share CPI Adj_Book
201406 -0.561 100.560 -0.735
201409 -0.077 100.428 -0.101
201412 -0.402 99.070 -0.535
201503 -0.579 99.621 -0.766
201506 -1.073 100.684 -1.404
201509 -1.168 100.392 -1.533
201512 -0.845 99.792 -1.116
201603 -0.877 100.470 -1.150
201606 -1.015 101.688 -1.315
201609 -1.187 101.861 -1.536
201612 -1.190 101.863 -1.539
201703 -1.876 102.862 -2.403
201706 -2.437 103.349 -3.107
201709 -3.025 104.136 -3.828
201712 4.951 104.011 6.273
201803 5.074 105.290 6.350
201806 5.165 106.317 6.402
201809 5.449 106.507 6.742
201812 5.221 105.998 6.491
201903 5.245 107.251 6.444
201906 5.352 108.070 6.526
201909 5.477 108.329 6.662
201912 5.334 108.420 6.483
202003 5.468 108.902 6.617
202006 5.702 108.767 6.908
202009 6.211 109.815 7.453
202012 7.830 109.897 9.389
202103 8.187 111.754 9.654
202106 9.071 114.631 10.428
202109 9.818 115.734 11.179
202112 10.042 117.630 11.250
202203 10.569 121.301 11.482
202206 10.733 125.017 11.313
202209 11.372 125.227 11.967
202212 11.649 125.222 12.259
202303 12.047 127.348 12.466
202306 12.158 128.729 12.446
202309 12.739 129.860 12.927
202312 13.112 129.419 13.351
202403 13.770 131.776 13.770

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.


Astrana Health  (NAS:ASTH) 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.


Astrana Health Cyclically Adjusted PB Ratio Related Terms

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


Astrana Health (Astrana Health) Business Description

Traded in Other Exchanges
Address
1668 S. Garfield Avenue, 2nd Floor, Alhambra, CA, USA, 91801
Apollo Medical Holdings Inc is a patient-centered, physician-centric integrated population health management company. The company is working to provide coordinated, outcomes-based medical care in a cost-effective manner. It is focused on physicians providing high-quality medical care, population health management and care coordination for patients, particularly senior patients and patients with multiple chronic conditions. Its operating segment is the healthcare delivery segment.
Executives
Chandan Basho officer: See Remarks 1668 S. GARFIELD AVENUE, 2ND FLOOR, ALHAMBRA CA 91801
John Vong officer: SVP-Chief Accounting Officer 4288 BIRCHWOOD AVENUE, SEAL BEACH CA 90740
Linda Marsh director 100 N. STONEMAN AVE., ROOM 200, ALHAMBRA CA 91801
Allied Physicians Of California, A Profession Medical Corp 10 percent owner 1668 S. GARFIELD AVE., 2ND FLOOR, ALHAMBRA CA 91801
Weili Dai, director 1668 S. GARFIELD AVENUE, 2ND FLOOR, ALHAMBRA CA 91801
J. Lorraine Estradas director 1668 S. GARFIELD AVENUE, 2ND FLOOR, ALHAMBRA CA 91801
David Schmidt director 700 N. BRAND BLVD, SUITE 220, GLENDALE CA 91203
Albert Waichow Young officer: Chief Administrative Officer 1668 S. GARFIELD AVE., 2ND FLOOR, ALHAMBRA CA 91801
Adrian Vazquez officer: Chief Medical Officer C/O 1668 S. GARFIELD AVENUE, 2ND FLOOR, ALHAMBRA CA 91801
Thomas S. Lam director, officer: President and Co-CEO 1668 GARFIELD AVE., 2ND FLOOR, ALHAMBRA CA 91801
Kenneth T. Sim director, officer: Executive Chairman and Co-CEO 1668 S. GARFIELD AVE., 2ND FLOOR, ALHAMBRA CA 91801
Brandon Sim director, officer: See Remarks C/O APOLLO MEDICAL HOLDINGS, INC., 1668 S. GARFIELD AVENUE, 3RD FLOOR, ALHAMBRA CA 91801
Eric Chin officer: Chief Financial Officer 1668 S. GARFIELD AVE., 2ND FLOOR, ALHAMBRA CA 91801
Michael F. Eng director 712 BATAAN PLACE, MONTEREY PARK CA 91755
Hing Ang officer: Chief Operating Officer 1668 S. GARFIELD AVE., 2ND FLOOR, ALHAMBRA CA 91801