Cardinal Book Value Per Share from 2010 to 2024

CAH Stock

USD 107.03 1.93 1.84%

Cardinal Health's Book Value Per Share is decreasing with slightly volatile movements from year to year. Book Value Per Share is predicted to flatten to 3.04. Book Value Per Share is the ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of Cardinal Health according to its financial statements. View All Fundamentals

Book Value Per Share

First Reported

2010-12-31

Previous Quarter

3.195

Current Value

3.04

Quarterly Volatility

10.31765632

Credit Downgrade

Yuan Drop

Covid

Check Cardinal Health financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cardinal main balance sheet or income statement drivers, such as Depreciation And Amortization of 835.6 M, Interest Expense of 190.1 M or Selling General Administrative of 5.8 B, as well as many exotic indicators such as Price To Sales Ratio of 0.26, Dividend Yield of 0.0038 or PTB Ratio of 2.35. Cardinal financial statements analysis is a perfect complement when working with Cardinal Health Valuation or Volatility modules.

This module can also supplement Cardinal Health's financial leverage analysis and stock options assessment as well as various Cardinal Health Technical models . Check out the analysis of Cardinal Health Correlation against competitors.

For more detail on how to invest in Cardinal Stock please use our How to Invest in Cardinal Health guide.

Latest Cardinal Health's Book Value Per Share Growth Pattern

Below is the plot of the Book Value Per Share of Cardinal Health over the last few years. It is the ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements. Cardinal Health's Book Value Per Share historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cardinal Health's overall financial position and show how it may be relating to other accounts over time.

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Last Reported (14.13) X

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Book Value Per Share

Timeline

Cardinal Book Value Per Share Regression Statistics

	Arithmetic Mean	10.83
	Geometric Mean	9.47
	Coefficient Of Variation	95.26
	Mean Deviation	9.14
	Median	17.52
	Standard Deviation	10.32
	Sample Variance	106.45
	Range	32.3997
	R-Value	(0.58)
	Mean Square Error	75.51
	R-Squared	0.34
	Significance	0.02
	Slope	(1.35)
	Total Sum of Squares	1,490

Cardinal Book Value Per Share History

	2024	3.04
	2023	3.2
	2022	-10.92
	2021	-2.53
	2020	6.14
	2019	6.12
	2018	21.1

Other Fundumenentals of Cardinal Health

Tangible Book Value Per Share

Cardinal Health Book Value Per Share component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock	Long Term Debt	Treasury Stock	Property Plant Equipment	Good Will	Current Deferred Revenue	Net Tangible Assets	Long Term Debt Total	Long Term Investments	Accumulated Depreciation	Total Permanent Equity	Deferred Long Term Liab	Short Long Term Debt	Net Invested Capital	Cash And Equivalents	Net Working Capital	Capital Stock
Total Assets		-0.35	0.3	-0.23	0.95	0.97	0.97	0.59	0.65	0.94	0.47	0.55	-0.69	0.72	0.68	0.7	-0.88	0.55	-0.7	-0.07	0.82	0.79	-0.76	-0.69	-0.67	-0.74	-0.43
Total Stockholder Equity	-0.35		0.46	0.96	-0.53	-0.57	-0.49	-0.08	0.09	-0.61	0.35	0.32	0.73	-0.57	0.27	-0.63	0.55	0.33	-0.26	-0.63	-0.4	-0.78	0.27	0.84	0.41	0.69	0.56
Net Debt	0.3	0.46		0.47	0.06	0.14	0.1	0.21	0.88	0.07	0.19	0.81	0.27	0.36	0.82	-0.02	-0.31	0.79	-0.27	-0.39	0.44	-0.07	-0.38	0.18	-0.55	-0.21	0.2
Retained Earnings	-0.23	0.96	0.47		-0.4	-0.46	-0.37	0.0	0.16	-0.49	0.41	0.36	0.56	-0.53	0.31	-0.58	0.48	0.37	-0.33	-0.58	-0.29	-0.74	0.13	0.81	0.38	0.61	0.43
Net Receivables	0.95	-0.53	0.06	-0.4		0.97	0.99	0.54	0.45	0.99	0.39	0.31	-0.83	0.66	0.43	0.72	-0.83	0.3	-0.62	0.1	0.74	0.84	-0.65	-0.76	-0.59	-0.78	-0.59
Total Liab	0.97	-0.57	0.14	-0.46	0.97		0.98	0.54	0.55	0.99	0.32	0.4	-0.8	0.78	0.52	0.78	-0.92	0.39	-0.54	0.11	0.83	0.9	-0.73	-0.82	-0.7	-0.84	-0.53
Total Current Assets	0.97	-0.49	0.1	-0.37	0.99	0.98		0.6	0.48	0.98	0.4	0.4	-0.79	0.67	0.5	0.71	-0.85	0.4	-0.64	0.06	0.77	0.84	-0.69	-0.75	-0.59	-0.75	-0.53
Short Term Debt	0.59	-0.08	0.21	0.0	0.54	0.54	0.6		0.33	0.52	0.23	0.42	-0.28	0.24	0.35	0.13	-0.35	0.5	-0.43	0.01	0.55	0.29	-0.24	-0.22	-0.22	-0.29	-0.33
Intangible Assets	0.65	0.09	0.88	0.16	0.45	0.55	0.48	0.33		0.49	0.25	0.82	-0.17	0.67	0.9	0.35	-0.68	0.8	-0.4	-0.26	0.74	0.34	-0.69	-0.23	-0.79	-0.58	-0.06
Accounts Payable	0.94	-0.61	0.07	-0.49	0.99	0.99	0.98	0.52	0.49		0.3	0.3	-0.86	0.74	0.43	0.77	-0.88	0.3	-0.52	0.17	0.79	0.88	-0.69	-0.82	-0.67	-0.85	-0.6
Common Stock	0.47	0.35	0.19	0.41	0.39	0.32	0.4	0.23	0.25	0.3		0.32	-0.21	0.13	0.49	0.31	-0.27	0.27	-0.87	-0.49	0.13	0.1	-0.27	-0.09	-0.02	-0.02	0.23
Long Term Debt	0.55	0.32	0.81	0.36	0.31	0.4	0.4	0.42	0.82	0.3	0.32		0.07	0.44	0.86	0.17	-0.45	0.96	-0.45	-0.37	0.62	0.14	-0.64	-0.02	-0.46	-0.26	0.12
Treasury Stock	-0.69	0.73	0.27	0.56	-0.83	-0.8	-0.79	-0.28	-0.17	-0.86	-0.21	0.07		-0.56	-0.08	-0.7	0.7	0.07	0.31	-0.28	-0.56	-0.78	0.59	0.79	0.42	0.72	0.55
Property Plant Equipment	0.72	-0.57	0.36	-0.53	0.66	0.78	0.67	0.24	0.67	0.74	0.13	0.44	-0.56		0.54	0.84	-0.91	0.37	-0.17	0.21	0.8	0.8	-0.7	-0.8	-0.87	-0.89	-0.22
Good Will	0.68	0.27	0.82	0.31	0.43	0.52	0.5	0.35	0.9	0.43	0.49	0.86	-0.08	0.54		0.34	-0.63	0.83	-0.6	-0.47	0.68	0.32	-0.68	-0.19	-0.6	-0.36	0.11
Current Deferred Revenue	0.7	-0.63	-0.02	-0.58	0.72	0.78	0.71	0.13	0.35	0.77	0.31	0.17	-0.7	0.84	0.34		-0.83	0.11	-0.27	0.19	0.61	0.83	-0.59	-0.89	-0.65	-0.79	-0.2
Net Tangible Assets	-0.88	0.55	-0.31	0.48	-0.83	-0.92	-0.85	-0.35	-0.68	-0.88	-0.27	-0.45	0.7	-0.91	-0.63	-0.83		-0.42	0.42	0.02	-0.85	-0.9	0.78	0.86	0.82	0.87	0.26
Long Term Debt Total	0.55	0.33	0.79	0.37	0.3	0.39	0.4	0.5	0.8	0.3	0.27	0.96	0.07	0.37	0.83	0.11	-0.42		-0.46	-0.35	0.58	0.11	-0.56	0.03	-0.45	-0.24	0.02
Long Term Investments	-0.7	-0.26	-0.27	-0.33	-0.62	-0.54	-0.64	-0.43	-0.4	-0.52	-0.87	-0.45	0.31	-0.17	-0.6	-0.27	0.42	-0.46		0.54	-0.3	-0.26	0.37	0.16	0.18	0.18	0.07
Accumulated Depreciation	-0.07	-0.63	-0.39	-0.58	0.1	0.11	0.06	0.01	-0.26	0.17	-0.49	-0.37	-0.28	0.21	-0.47	0.19	0.02	-0.35	0.54		0.07	0.24	0.09	-0.27	-0.09	-0.27	-0.65
Total Permanent Equity	0.82	-0.4	0.44	-0.29	0.74	0.83	0.77	0.55	0.74	0.79	0.13	0.62	-0.56	0.8	0.68	0.61	-0.85	0.58	-0.3	0.07		0.73	-0.79	-0.62	-0.68	-0.72	-0.32
Deferred Long Term Liab	0.79	-0.78	-0.07	-0.74	0.84	0.9	0.84	0.29	0.34	0.88	0.1	0.14	-0.78	0.8	0.32	0.83	-0.9	0.11	-0.26	0.24	0.73		-0.63	-0.95	-0.65	-0.81	-0.46
Short Long Term Debt	-0.76	0.27	-0.38	0.13	-0.65	-0.73	-0.69	-0.24	-0.69	-0.69	-0.27	-0.64	0.59	-0.7	-0.68	-0.59	0.78	-0.56	0.37	0.09	-0.79	-0.63		0.54	0.61	0.61	0.16
Net Invested Capital	-0.69	0.84	0.18	0.81	-0.76	-0.82	-0.75	-0.22	-0.23	-0.82	-0.09	-0.02	0.79	-0.8	-0.19	-0.89	0.86	0.03	0.16	-0.27	-0.62	-0.95	0.54		0.63	0.82	0.34
Cash And Equivalents	-0.67	0.41	-0.55	0.38	-0.59	-0.7	-0.59	-0.22	-0.79	-0.67	-0.02	-0.46	0.42	-0.87	-0.6	-0.65	0.82	-0.45	0.18	-0.09	-0.68	-0.65	0.61	0.63		0.9	0.3
Net Working Capital	-0.74	0.69	-0.21	0.61	-0.78	-0.84	-0.75	-0.29	-0.58	-0.85	-0.02	-0.26	0.72	-0.89	-0.36	-0.79	0.87	-0.24	0.18	-0.27	-0.72	-0.81	0.61	0.82	0.9		0.48
Capital Stock	-0.43	0.56	0.2	0.43	-0.59	-0.53	-0.53	-0.33	-0.06	-0.6	0.23	0.12	0.55	-0.22	0.11	-0.2	0.26	0.02	0.07	-0.65	-0.32	-0.46	0.16	0.34	0.3	0.48

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About Cardinal Health Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Cardinal Health income statement, its balance sheet, and the statement of cash flows. Cardinal Health investors use historical funamental indicators, such as Cardinal Health's Book Value Per Share, to determine how well the company is positioned to perform in the future. Although Cardinal Health investors may use each financial statement separately, they are all related. The changes in Cardinal Health's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Cardinal Health's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Cardinal Health Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Cardinal Health. Please read more on our technical analysis and fundamental analysis pages.

	Last Reported	Projected for Next Year
Book Value Per Share	3.19	3.04
Tangible Book Value Per Share	3.19	3.35

Cardinal Health Investors Sentiment

The influence of Cardinal Health's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Cardinal. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Cardinal Health's public news can be used to forecast risks associated with an investment in Cardinal. The trend in average sentiment can be used to explain how an investor holding Cardinal can time the market purely based on public headlines and social activities around Cardinal Health. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Cardinal Health's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Cardinal Health's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Cardinal Health's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Cardinal Health.

Cardinal Health Implied Volatility

35.4

Cardinal Health's implied volatility exposes the market's sentiment of Cardinal Health stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Cardinal Health's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Cardinal Health stock will not fluctuate a lot when Cardinal Health's options are near their expiration.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Cardinal Health in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Cardinal Health's short interest history, or implied volatility extrapolated from Cardinal Health options trading.

Pair Trading with Cardinal Health

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cardinal Health position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cardinal Health will appreciate offsetting losses from the drop in the long position's value.

Moving together with Cardinal Stock

0.72

ENSG

Ensign Group Financial Report 24th of April 2024

Pair Corr

Moving against Cardinal Stock

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0.66	EKSO	Ekso Bionics Holdings Financial Report 25th of April 2024	Pair Corr
0.64	MMSI	Merit Medical Systems Financial Report 24th of April 2024	Pair Corr
0.61	INNV	InnovAge Holding Corp Financial Report 14th of May 2024	Pair Corr
0.54	AGL	agilon health Financial Report 14th of May 2024	Pair Corr

The ability to find closely correlated positions to Cardinal Health could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cardinal Health when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cardinal Health - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cardinal Health to buy it.

The correlation of Cardinal Health is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cardinal Health moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cardinal Health moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Cardinal Health can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Cardinal Health offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cardinal Health's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cardinal Health Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cardinal Health Stock:

How To Invest In Cardinal

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Is Cardinal Stock a good investment?

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What is Cardinal Health's Net Worth?

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Largest Health Care Providers & Services Companies

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Largest Health Care Equipment & Services Companies

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Check out the analysis of Cardinal Health Correlation against competitors.

For more detail on how to invest in Cardinal Stock please use our How to Invest in Cardinal Health guide.

Note that the Cardinal Health information on this page should be used as a complementary analysis to other Cardinal Health's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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When running Cardinal Health's price analysis, check to measure Cardinal Health's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cardinal Health is operating at the current time. Most of Cardinal Health's value examination focuses on studying past and present price action to predict the probability of Cardinal Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cardinal Health's price. Additionally, you may evaluate how the addition of Cardinal Health to your portfolios can decrease your overall portfolio volatility.

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Is Cardinal Health's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cardinal Health. If investors know Cardinal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cardinal Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.95)

Dividend Share

1.998

Earnings Share

2.52

Revenue Per Share

859.435

Quarterly Revenue Growth

0.116

The market value of Cardinal Health is measured differently than its book value, which is the value of Cardinal that is recorded on the company's balance sheet. Investors also form their own opinion of Cardinal Health's value that differs from its market value or its book value, called intrinsic value, which is Cardinal Health's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cardinal Health's market value can be influenced by many factors that don't directly affect Cardinal Health's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Cardinal Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cardinal Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cardinal Health's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Cardinal Book Value Per Share from 2010 to 2024

Latest Cardinal Health's Book Value Per Share Growth Pattern

Cardinal Book Value Per Share Regression Statistics

Cardinal Book Value Per Share History

Other Fundumenentals of Cardinal Health

Cardinal Health Book Value Per Share component correlations

About Cardinal Health Financial Statements

Cardinal Health Investors Sentiment

Cardinal Health Implied Volatility

Pair Trading with Cardinal Health

Moving together with Cardinal Stock

Moving against Cardinal Stock

Complementary Tools for Cardinal Stock analysis

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