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Molina Healthcare (Molina Healthcare) Cyclically Adjusted PS Ratio : 0.71 (As of Jun. 04, 2024)


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What is Molina Healthcare Cyclically Adjusted PS Ratio?

As of today (2024-06-04), Molina Healthcare's current share price is $310.40. Molina Healthcare's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $437.05. Molina Healthcare's Cyclically Adjusted PS Ratio for today is 0.71.

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

MOH' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.61   Max: 1.12
Current: 0.71

During the past years, Molina Healthcare's highest Cyclically Adjusted PS Ratio was 1.12. The lowest was 0.28. And the median was 0.61.

MOH's Cyclically Adjusted PS Ratio is ranked better than
64.29% of 14 companies
in the Healthcare Plans industry
Industry Median: 0.99 vs MOH: 0.71

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Molina Healthcare's adjusted revenue per share data for the three months ended in Mar. 2024 was $170.343. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $437.05 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Molina Healthcare Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Molina Healthcare's Cyclically Adjusted PS 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.

Molina Healthcare Cyclically Adjusted PS Ratio Chart

Molina Healthcare Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 0.84 1.04 0.90 0.86

Molina Healthcare Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS 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 0.70 0.76 0.80 0.86 0.94

Competitive Comparison of Molina Healthcare's Cyclically Adjusted PS Ratio

For the Healthcare Plans subindustry, Molina Healthcare's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Molina Healthcare's Cyclically Adjusted PS Ratio Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Molina Healthcare's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Molina Healthcare's Cyclically Adjusted PS Ratio falls into.



Molina Healthcare Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

Molina Healthcare's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=310.40/437.05
=0.71

* 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.

Molina Healthcare's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Molina Healthcare's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=170.343/131.7762*131.7762
=170.343

Current CPI (Mar. 2024) = 131.7762.

Molina Healthcare Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 48.164 100.560 63.116
201409 51.072 100.428 67.014
201412 57.529 99.070 76.521
201503 63.420 99.621 83.890
201506 65.278 100.684 85.437
201509 60.183 100.392 78.998
201512 65.610 99.792 86.638
201603 76.193 100.470 99.934
201606 79.255 101.688 102.705
201609 81.179 101.861 105.020
201612 80.964 101.863 104.740
201703 87.571 102.862 112.187
201706 89.268 103.349 113.822
201709 89.044 104.136 112.679
201712 89.332 104.011 113.179
201803 71.258 105.290 89.184
201806 73.208 106.317 90.739
201809 69.175 106.507 85.587
201812 68.387 105.998 85.018
201903 62.221 107.251 76.449
201906 65.516 108.070 79.888
201909 66.714 108.329 81.154
201912 67.841 108.420 82.455
202003 74.574 108.902 90.238
202006 77.744 108.767 94.190
202009 84.245 109.815 101.093
202012 97.124 109.897 116.460
202103 111.297 111.754 131.237
202106 116.438 114.631 133.853
202109 121.799 115.734 138.682
202112 122.666 117.630 137.418
202203 132.368 121.301 143.799
202206 137.911 125.017 145.368
202209 135.969 125.227 143.081
202212 140.564 125.222 147.921
202303 140.500 127.348 145.386
202306 143.817 128.729 147.222
202309 147.126 129.860 149.298
202312 155.731 129.419 158.567
202403 170.343 131.776 170.343

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.


Molina Healthcare  (NYSE:MOH) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Molina Healthcare Cyclically Adjusted PS Ratio Related Terms

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


Molina Healthcare (Molina Healthcare) Business Description

Traded in Other Exchanges
Address
200 Oceangate, Suite 100, Long Beach, CA, USA, 90802
Molina Healthcare Inc offers healthcare plans focused on Medicaid-related solutions for low-income families and individuals. Its health plans are operated by a network of subsidiaries, each of which is licensed as a health maintenance organization (HMO). In addition to its Health Plans segment, Molina has a Medicaid,Medicare, and Marketplace segment that represent the government-funded or sponsored programs under their management information systems. Molina's Medicaid plans receive revenue on a per-member per-month basis from state government agencies, and its Medicare Advantage plans receive revenue from managed care plans that contract with the Centers for Medicaid and Medicare (CMS). Molina also provides plans through health insurance exchanges.
Executives
Ronna Romney director
Steven J Orlando director
Maurice Hebert officer: Chief Accounting Officer C/O WELLCARE HEALTH PLANS, INC., 8735 HENDERSON ROAD, TAMPA FL 33634
Marc Russo officer: Executive Vice President C/O WELLCARE HEALTH PLANS, INC., 8725 HENDERSON ROAD, REN. 1, TAMPA FL 33634
Jeff D. Barlow officer: Chief Legal Officer 300 UNIVERSITY AVENUE, SUITE 100, SACRAMENTO CA 95825
Barbara L Brasier director C/O MEADWESTVACO CORP, ONE HIGH RIDGE PARK, STAMFORD CT 06905
Daniel Cooperman director DANIEL COOPERMAN, 930 CULEBRA ROAD, HILLSBOROUGH CA 94010
Dale B Wolf director
Richard M Schapiro director 300 UNIVERSITY AVENUE, SUITE 100, SACRAMENTO CA 95825
Joseph M Zubretsky director, officer: President & CEO C/O THE HANOVER INSURANCE GROUP, INC., 440 LINCOLN STREET, WORCESTER MA 01653
Mark Lowell Keim officer: Executive Vice President 440 LINCOLN STREET, E-6, WORCESTER MA 01653
James Woys officer: Executive Vice President 21650 OXNARD STREET, 22ND FLOOR, WOODLAND HILLS CA 91367
Thomas L Tran officer: Chief Financial Officer 8735 HENDERSON ROAD, TAMPA FL 33625
Stephen H Lockhart director C/O NATIONAL RESEARCH CORPORATION, 1245 Q STREET, LINCOLN NE 68508
Garrey Carruthers director 5258 REDMAN RD., LAS CRUCES NM 88011