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Addus HomeCare (Addus HomeCare) Cyclically Adjusted PB Ratio : 3.96 (As of Jun. 08, 2024)


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What is Addus HomeCare Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Addus HomeCare's current share price is $114.54. Addus HomeCare's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $28.91. Addus HomeCare's Cyclically Adjusted PB Ratio for today is 3.96.

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

ADUS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.97   Med: 4.96   Max: 7.85
Current: 4.02

During the past years, Addus HomeCare's highest Cyclically Adjusted PB Ratio was 7.85. The lowest was 2.97. And the median was 4.96.

ADUS's Cyclically Adjusted PB Ratio is ranked worse than
72.95% of 329 companies
in the Healthcare Providers & Services industry
Industry Median: 1.96 vs ADUS: 4.02

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.

Addus HomeCare's adjusted book value per share data for the three months ended in Mar. 2024 was $44.296. 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 $28.91 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Addus HomeCare Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Addus HomeCare'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.

Addus HomeCare Cyclically Adjusted PB Ratio Chart

Addus HomeCare Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.03 7.19 4.68 4.15 3.36

Addus HomeCare 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 4.26 3.56 3.16 3.36 3.57

Competitive Comparison of Addus HomeCare's Cyclically Adjusted PB Ratio

For the Medical Care Facilities subindustry, Addus HomeCare'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.


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

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

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



Addus HomeCare 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.

Addus HomeCare's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=114.54/28.91
=3.96

* 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.

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

For example, Addus HomeCare'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)
=44.296/131.7762*131.7762
=44.296

Current CPI (Mar. 2024) = 131.7762.

Addus HomeCare Quarterly Data

Book Value per Share CPI Adj_Book
201406 10.880 100.560 14.257
201409 11.188 100.428 14.680
201412 11.622 99.070 15.459
201503 11.777 99.621 15.578
201506 12.102 100.684 15.839
201509 12.399 100.392 16.275
201512 12.759 99.792 16.848
201603 12.786 100.470 16.770
201606 12.948 101.688 16.779
201609 13.125 101.861 16.980
201612 13.686 101.863 17.705
201703 14.153 102.862 18.131
201706 14.463 103.349 18.441
201709 14.807 104.136 18.737
201712 15.157 104.011 19.203
201803 15.467 105.290 19.358
201806 15.932 106.317 19.747
201809 20.448 106.507 25.299
201812 20.455 105.998 25.430
201903 21.371 107.251 26.258
201906 21.889 108.070 26.691
201909 30.207 108.329 36.745
201912 30.453 108.420 37.013
202003 31.086 108.902 37.616
202006 31.590 108.767 38.273
202009 32.125 109.815 38.550
202012 32.774 109.897 39.299
202103 33.321 111.754 39.291
202106 34.181 114.631 39.293
202109 35.069 115.734 39.930
202112 36.032 117.630 40.365
202203 36.456 121.301 39.604
202206 37.297 125.017 39.314
202209 38.212 125.227 40.211
202212 39.282 125.222 41.338
202303 40.045 127.348 41.438
202306 41.097 128.729 42.070
202309 42.205 129.860 42.828
202312 43.551 129.419 44.344
202403 44.296 131.776 44.296

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.


Addus HomeCare  (NAS:ADUS) 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.


Addus HomeCare Cyclically Adjusted PB Ratio Related Terms

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


Addus HomeCare (Addus HomeCare) Business Description

Traded in Other Exchanges
Address
6303 Cowboys Way, Suite 600, Frisco, TX, USA, 75034
Addus HomeCare Corp is engaged in the provision of in-home personal care services. It operates through the following segments: Personal care segment, which is a key revenue driver, provides non-medical assistance with activities of daily living, primarily to persons who are at risk of hospitalization or institutionalization, such as the elderly, chronically ill and disabled. The Hospice segment provides physical, emotional and spiritual care for people who are terminally ill and their families. Its Home health segment provides services that are primarily medical in nature to those individuals who may require assistance during an illness or after surgery.
Executives
David W. Tucker officer: EVP/Chief Development Officer 6801 GAYLORD PARKWAY, SUITE 110, FRISCO TX 75034
Michael D. Wattenbarger officer: EVP/Chief Information Officer 6801 GAYLORD PARKWAY, SUITE 110, FRISCO TX 75034
Darby Anderson officer: See Remarks 2401 SOUTH PLUM GROVE ROAD, PALATINE IL 60067
W Bradley Bickham officer: See Remarks
Brian Poff officer: CHIEF FINANCIAL OFFICER C/O ADDUS HOMECARE CORPORATION, 2300 WARRENVILLE RD, DOWNERS GROVE IL 60515
R Dirk Allison director, officer: Chief Executive Officer 2525 WEST END AVE STE 600, C/O RENAL CARE GROUP INC, NASHVILLE TN 37203
Robertson James Stevenson officer: EVP & Chief HR Officer 6303 COWBOYS WAY, SUITE 600, FRISCO TX 75034
Sean Gaffney officer: EVP / Chief Legal Officer 6801 GAYLORD PARKWAY, SUITE 110, FRISCO TX 75034
Monica Raines officer: EVP/CCO and Quality Officer 6303 COWBOYS WAY, SUITE 600, FRISCO TX 75034
Heather Brianne Dixon director AETNA INC., 151 FARMINGTON AVENUE, HARTFORD CT 06156
Esteban Lopez director 6303 COWBOYS WAY, SUITE 600, FRISCO TX 75034
Cliff Donald Blessing officer: EVP/Chief Development Officer 6303 COWBOYS WAY, SUITE 600, FRISCO TX 75034
Laurie Manning officer: EVP/Chief Human Resources Off. 6801 GAYLORD PARKWAY, SUITE 110, FRISCO TX 75034
Veronica Hill-milbourne director 6303 COWBOYS WAY, SUITE 600, FRISCO TX 75034
Mark L First director, 10 percent owner 320 PARK AVENUE, NEW YORK NY 10022