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eHealth (FRA:M5V) Cyclically Adjusted PB Ratio : 0.27 (As of May. 23, 2024)


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What is eHealth Cyclically Adjusted PB Ratio?

As of today (2024-05-23), eHealth's current share price is €4.874. eHealth's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €17.87. eHealth's Cyclically Adjusted PB Ratio for today is 0.27.

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

FRA:M5V' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.17   Med: 2.63   Max: 14.77
Current: 0.28

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.

FRA:M5V's Cyclically Adjusted PB Ratio is ranked better than
95.16% of 413 companies
in the Insurance industry
Industry Median: 1.19 vs FRA:M5V: 0.28

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 €18.488. 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 €17.87 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
=4.874/17.87
=0.27

* 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)
=18.488/131.7762*131.7762
=18.488

Current CPI (Mar. 2024) = 131.7762.

eHealth Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.726 100.560 6.193
201409 4.167 100.428 5.468
201412 3.342 99.070 4.445
201503 3.765 99.621 4.980
201506 4.008 100.684 5.246
201509 4.267 100.392 5.601
201512 3.866 99.792 5.105
201603 4.735 100.470 6.210
201606 4.715 101.688 6.110
201609 4.498 101.861 5.819
201612 4.008 101.863 5.185
201703 5.730 102.862 7.341
201706 4.712 103.349 6.008
201709 3.567 104.136 4.514
201712 12.994 104.011 16.463
201803 12.406 105.290 15.527
201806 12.510 106.317 15.506
201809 12.159 106.507 15.044
201812 13.709 105.998 17.043
201903 17.420 107.251 21.404
201906 17.217 108.070 20.994
201909 17.015 108.329 20.698
201912 20.507 108.420 24.925
202003 27.978 108.902 33.855
202006 27.394 108.767 33.189
202009 25.488 109.815 30.585
202012 26.557 109.897 31.844
202103 27.181 111.754 32.051
202106 26.381 114.631 30.327
202109 25.087 115.734 28.564
202112 24.855 117.630 27.844
202203 24.232 121.301 26.325
202206 23.491 125.017 24.761
202209 23.395 125.227 24.619
202212 22.295 125.222 23.462
202303 21.199 127.348 21.936
202306 19.815 128.729 20.284
202309 18.583 129.860 18.857
202312 19.411 129.419 19.764
202403 18.488 131.776 18.488

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  (FRA:M5V) 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 (FRA:M5V) 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.

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