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eHealth (eHealth) Cyclically Adjusted Book per Share : $19.23 (As of Mar. 2024)


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What is eHealth 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.

eHealth's adjusted book value per share for the three months ended in Mar. 2024 was $20.095. 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 $19.23 for the trailing ten years ended in Mar. 2024.

During the past 12 months, eHealth's average Cyclically Adjusted Book Growth Rate was 8.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 17.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 20.00% 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 eHealth was 23.00% per year. The lowest was 9.70% per year. And the median was 17.20% per year.

As of today (2024-05-14), eHealth's current stock price is $5.40. eHealth's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $19.23. eHealth's Cyclically Adjusted PB Ratio of today is 0.28.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of eHealth was 14.77. The lowest was 0.17. And the median was 2.63.


eHealth Cyclically Adjusted Book per Share Historical Data

The historical data trend for eHealth'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.

eHealth Cyclically Adjusted Book per Share Chart

eHealth 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 9.42 11.79 14.78 17.18 18.96

eHealth 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 17.79 18.30 18.73 18.96 19.23

Competitive Comparison of eHealth's Cyclically Adjusted Book per Share

For the Insurance Brokers subindustry, eHealth'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.


eHealth's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, eHealth's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



eHealth 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, eHealth'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)
=20.095/129.4194*129.4194
=20.095

Current CPI (Mar. 2024) = 129.4194.

eHealth Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.422 100.560 8.265
201409 5.370 100.428 6.920
201412 4.121 99.070 5.383
201503 4.075 99.621 5.294
201506 4.499 100.684 5.783
201509 4.789 100.392 6.174
201512 4.212 99.792 5.462
201603 5.272 100.470 6.791
201606 5.298 101.688 6.743
201609 5.049 101.861 6.415
201612 4.227 101.863 5.371
201703 6.128 102.862 7.710
201706 5.294 103.349 6.629
201709 4.252 104.136 5.284
201712 15.377 104.011 19.133
201803 15.297 105.290 18.803
201806 14.615 106.317 17.791
201809 14.188 106.507 17.240
201812 15.596 105.998 19.042
201903 19.684 107.251 23.753
201906 19.454 108.070 23.297
201909 18.739 108.329 22.387
201912 22.785 108.420 27.198
202003 30.914 108.902 36.738
202006 30.849 108.767 36.706
202009 30.021 109.815 35.380
202012 32.308 109.897 38.047
202103 32.358 111.754 37.473
202106 31.784 114.631 35.884
202109 29.514 115.734 33.004
202112 28.084 117.630 30.899
202203 26.687 121.301 28.473
202206 24.832 125.017 25.706
202209 23.163 125.227 23.939
202212 23.618 125.222 24.410
202303 22.697 127.348 23.066
202306 21.468 128.729 21.583
202309 19.833 129.860 19.766
202312 21.168 129.419 21.168
202403 20.095 129.419 20.095

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


eHealth  (NAS:EHTH) 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.

eHealth's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.40/19.23
=0.28

* 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 eHealth was 14.77. The lowest was 0.17. And the median was 2.63.


Be Aware

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


eHealth Cyclically Adjusted Book per Share Related Terms

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


eHealth (eHealth) Business Description

Industry
Traded in Other Exchanges
Address
2625 Augustine Drive, Suite 150, Santa Clara, CA, USA, 95054
eHealth Inc offers a private health insurance exchange where individuals and small businesses can compare health insurance products from leading insurers. Users can purchase the insurance online. The exchange includes Medicare options, and seniors can enroll in those plans online or via phone. The company primarily generates revenue through commissions it receives from health insurance carriers. EHealth has relationships with the health insurance carriers in the United States and offers thousands of plans online. All of the company's revenue is from the United States.
Executives
Dale B Wolf director
Gavin G. Galimi officer: SVP, General Counsel & Secr. 2625 AUGUSTINE DRIVE, SECOND FLOOR, SANTA CLARA CA 95054
Soistman Francis S Jr director, officer: Chief Executive Officer 3721 RECPORT DRIVE, HARRISBURG PA 17106
John J Stelben officer: SVP, Chief Financial Officer 6705 ROCKLEDGE DR, SUITE 900, BETHESDA MD 21710
John Joseph Dolan officer: Chief Accounting Officer C/O EHEALTH, INC., 2625 AUGUSTINE DRIVE, SANTA CLARA CA 95054
Phillip A Morelock officer: Chief Digital Officer C/O EHEALTH, INC., 2625 AUGUSTINE DRIVE, SECOND FLOOR, SANTA CLARA CA 95054
Roman V Rariy officer: COO & Chief Transformation Off C/O EHEALTH, INC., 2625 AUGUSTINE DRIVE, SECOND FLOOR, SANTA CLARA CA 95054
Erin L Russell director 245 PARK AVENUE, 41ST FLOOR, NEW YORK NY 10167
Timothy C. Hannan officer: Chief Marketing Officer C/O EHEALTH INC., 440 EAST MIDDLEFIELD ROAD, MOUNTAIN VIEW CA 94043
A John Hass director ROSETTA STONE, 1621 NORTH KENT STREET, SUITE 1200, ARLINGTON VA 22209
Christine A Janofsky officer: SVP, Chief Financial Officer 150 N RADNOR CHESTER ROAD, RADNOR PA 19087
H.i.g. Middle Market Lbo Fund Iii, L.p. 10 percent owner 1450 BRICKELL AVENUE, 31ST FLOOR, MIAMI FL 33131
H.i.g. Middle Market Advisors Iii, Llc 10 percent owner C/O H.I.G. CAPITAL, LLC, 1450 BRICKELL AVENUE, 31ST FLOOR, MIAMI FL 33131
Echelon Health Spv, Lp 10 percent owner C/O H.I.G. CAPITAL, LLC, 1450 BRICKELL AVENUE, 31ST FLOOR, MIAMI FL 33131
Echelon Health Spv Gp, Llc 10 percent owner C/O H.I.G. CAPITAL, LLC, 1450 BRICKELL AVENUE, 31ST FLOOR, MIAMI FL 33131