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eHealth (eHealth) Cyclically Adjusted PB Ratio : 0.28 (As of May. 13, 2024)


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What is eHealth Cyclically Adjusted PB Ratio?

As of today (2024-05-13), eHealth's current share 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 for today is 0.28.

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

EHTH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.17   Med: 2.63   Max: 14.77
Current: 0.27

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

EHTH's Cyclically Adjusted PB Ratio is ranked better than
95.4% of 413 companies
in the Insurance industry
Industry Median: 1.18 vs EHTH: 0.27

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 adjusted book value per share data 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.

Shiller PE for Stocks: The True Measure of Stock Valuation


eHealth Cyclically Adjusted PB Ratio Historical Data

The historical data trend for eHealth'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.

eHealth Cyclically Adjusted PB Ratio Chart

eHealth 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 10.20 5.99 1.73 0.28 0.46

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 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 0.53 0.44 0.40 0.46 0.31

Competitive Comparison of eHealth's Cyclically Adjusted PB Ratio

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 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.

eHealth's Cyclically Adjusted PB Ratio for 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.

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

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.

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.


eHealth  (NAS:EHTH) 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.


eHealth Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of eHealth's Cyclically Adjusted PB Ratio 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