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Amedisys (Amedisys) Cyclically Adjusted PB Ratio : 4.10 (As of May. 22, 2024)


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What is Amedisys Cyclically Adjusted PB Ratio?

As of today (2024-05-22), Amedisys's current share price is $96.21. Amedisys's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $23.44. Amedisys's Cyclically Adjusted PB Ratio for today is 4.10.

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

AMED' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.64   Med: 4.11   Max: 18.2
Current: 4.1

During the past years, Amedisys's highest Cyclically Adjusted PB Ratio was 18.20. The lowest was 0.64. And the median was 4.11.

AMED's Cyclically Adjusted PB Ratio is ranked worse than
71.88% of 313 companies
in the Healthcare Providers & Services industry
Industry Median: 1.96 vs AMED: 4.10

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.

Amedisys's adjusted book value per share data for the three months ended in Mar. 2024 was $33.302. 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 $23.44 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Amedisys Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Amedisys'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.

Amedisys Cyclically Adjusted PB Ratio Chart

Amedisys 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 9.42 17.03 8.88 4.10 4.21

Amedisys 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 3.49 4.23 4.21 4.21 3.93

Competitive Comparison of Amedisys's Cyclically Adjusted PB Ratio

For the Medical Care Facilities subindustry, Amedisys'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.


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

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

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



Amedisys 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.

Amedisys's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=96.21/23.44
=4.10

* 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.

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

For example, Amedisys'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)
=33.302/131.7762*131.7762
=33.302

Current CPI (Mar. 2024) = 131.7762.

Amedisys Quarterly Data

Book Value per Share CPI Adj_Book
201406 11.202 100.560 14.679
201409 11.508 100.428 15.100
201412 11.822 99.070 15.725
201503 10.898 99.621 14.416
201506 11.268 100.684 14.748
201509 11.675 100.392 15.325
201512 12.187 99.792 16.093
201603 12.292 100.470 16.122
201606 12.744 101.688 16.515
201609 13.277 101.861 17.176
201612 13.698 101.863 17.721
201703 14.305 102.862 18.326
201706 14.537 103.349 18.536
201709 15.105 104.136 19.114
201712 15.172 104.011 19.222
201803 16.100 105.290 20.150
201806 12.828 106.317 15.900
201809 13.933 106.507 17.239
201812 15.062 105.998 18.725
201903 16.239 107.251 19.952
201906 17.485 108.070 21.321
201909 18.686 108.329 22.730
201912 19.838 108.420 24.112
202003 20.982 108.902 25.389
202006 22.219 108.767 26.919
202009 23.053 109.815 27.663
202012 24.661 109.897 29.571
202103 24.200 111.754 28.536
202106 26.837 114.631 30.851
202109 27.777 115.734 31.627
202112 28.648 117.630 32.093
202203 29.686 121.301 32.250
202206 30.391 125.017 32.034
202209 31.273 125.227 32.909
202212 32.338 125.222 34.031
202303 33.159 127.348 34.312
202306 30.875 128.729 31.606
202309 31.866 129.860 32.336
202312 32.647 129.419 33.242
202403 33.302 131.776 33.302

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.


Amedisys  (NAS:AMED) 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.


Amedisys Cyclically Adjusted PB Ratio Related Terms

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


Amedisys (Amedisys) Business Description

Traded in Other Exchanges
Address
3854 American Way, Suite A, Baton Rouge, LA, USA, 70816
Amedisys Inc is a healthcare services company in the United States. The company brings healthcare to the home through the provision of home healthcare services, hospice services, high acuity care segment, and personal care services. The Home Health Segment provides skilled nurses, therapists, and aids to patients' homes throughout the United States, Hospice segment operates many centers designed to provide comfort and support for terminally ill patients, Personal Care Segment provides individuals with assistance in their daily living activities and High acuity care segment can deliver the essential elements of inpatient hospital, SNF care, and palliative care to patients in their homes. A majority of the company's revenue is derived from the Home Health segment.
Executives
Allyson Guidroz officer: Chief Accounting Officer 3854 AMERICAN WAY, SUITE A, BATON ROUGE LA 70816
Richard M Ashworth director, officer: President and CEO 200 WILMOT ROAD, DEERFIELD IL 60015
Michael Paul North officer: Chief Information Officer 3854 AMERICAN WAY, SUITE A, BATON ROUGE LA 70816
Adam Y Holton officer: Chief People Officer C/O CHS INC., 5500 CENEX DRIVE, INVER GROVE HEIGHTS MN 55077
Denise M. Bohnert officer: Chief Compliance Officer 3854 AMERICAN WAY, SUITE A, BATON ROUGE LA 70816
Nick Muscato officer: Chief Strategy Officer 3854 AMERICAN WAY, SUITE A, BATON ROUGE LA 70816
Richard A Lechleiter director PO BOX 32890, LOUISVILLE KY 40232-2890
Bruce D Perkins director 500 WEST MAIN STREET, LOUISVILLE KY 40202
Christopher Gerard officer: Chief Operating Officer 3854 AMERICAN WAY, SUITE A, BATON ROUGE LA 70816
Vickie L Capps director 2985 SCOTT STREET, VISTA CA 92083
Teresa L. Kline director C/O INTERSECT ENT, INC., 1555 ADAMS DRIVE, MENLO PARK CA 94025
Jeffrey A Rideout director 2142 DEER OAK WAY, DANVILLE CA 94506
Julie D Klapstein director 1239 FRUIT COVE ROAD NORTH, JACKSONVILLE FL 32259
Molly Joel Coye director AETNA INC, 151 FARMINGTON AVENUE, HARTFORD CT 06156
David L Kemmerly officer: See Remarks 3854 AMERICAN WAY, SUITE A, BATON ROUGE LA 70816