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Medifast (Medifast) Cyclically Adjusted PS Ratio : 0.47 (As of Apr. 27, 2024)


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What is Medifast Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Medifast's current share price is $33.71. Medifast's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $72.48. Medifast's Cyclically Adjusted PS Ratio for today is 0.47.

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

MED' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.43   Med: 2.33   Max: 10.96
Current: 0.47

During the past years, Medifast's highest Cyclically Adjusted PS Ratio was 10.96. The lowest was 0.43. And the median was 2.33.

MED's Cyclically Adjusted PS Ratio is ranked better than
73.33% of 60 companies
in the Personal Services industry
Industry Median: 0.96 vs MED: 0.47

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.

Medifast's adjusted revenue per share data for the three months ended in Dec. 2023 was $17.510. 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 $72.48 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Medifast Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Medifast'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.

Medifast Cyclically Adjusted PS Ratio Chart

Medifast 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 3.69 5.47 4.27 1.82 0.93

Medifast Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.82 1.55 1.33 1.05 0.93

Competitive Comparison of Medifast's Cyclically Adjusted PS Ratio

For the Personal Services subindustry, Medifast'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.


Medifast's Cyclically Adjusted PS Ratio Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Medifast's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Medifast 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.

Medifast's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=33.71/72.48
=0.47

* 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.

Medifast's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Medifast's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=17.51/129.4194*129.4194
=17.510

Current CPI (Dec. 2023) = 129.4194.

Medifast Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 5.981 99.695 7.764
201406 5.683 100.560 7.314
201409 5.491 100.428 7.076
201412 5.113 99.070 6.679
201503 6.015 99.621 7.814
201506 5.935 100.684 7.629
201509 5.486 100.392 7.072
201512 5.144 99.792 6.671
201603 6.068 100.470 7.816
201606 5.987 101.688 7.620
201609 5.740 101.861 7.293
201612 5.200 101.863 6.607
201703 5.881 102.862 7.399
201706 6.281 103.349 7.865
201709 6.383 104.136 7.933
201712 6.413 104.011 7.980
201803 8.122 105.290 9.983
201806 9.637 106.317 11.731
201809 11.510 106.507 13.986
201812 12.174 105.998 14.864
201903 13.552 107.251 16.353
201906 15.314 108.070 18.339
201909 15.753 108.329 18.820
201912 14.284 108.420 17.051
202003 15.093 108.902 17.937
202006 18.611 108.767 22.145
202009 22.895 109.815 26.982
202012 22.299 109.897 26.260
202103 28.673 111.754 33.205
202106 33.242 114.631 37.530
202109 35.078 115.734 39.226
202112 32.205 117.630 35.433
202203 35.882 121.301 38.284
202206 39.644 125.017 41.040
202209 35.356 125.227 36.540
202212 30.667 125.222 31.695
202303 32.020 127.348 32.541
202306 27.131 128.729 27.277
202309 21.574 129.860 21.501
202312 17.510 129.419 17.510

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.


Medifast  (NYSE:MED) 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.


Medifast Cyclically Adjusted PS Ratio Related Terms

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


Medifast (Medifast) Business Description

Traded in Other Exchanges
Address
100 International Drive, Baltimore, MD, USA, 21202
Medifast Inc is a United states based company that produces, distributes and sells products concerning weight loss, weight management, and healthy living. The company generates its revenue from point of sale transactions executed over an e-commerce platform for weight loss, weight management, and other consumable health and nutritional products.
Executives
Jeffrey J Brown director 19900 MACARTHUR BLVD, SUITE 570, IRVINE CA 92612
Andrea B Thomas director C/O MEDIFAST, INC., 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
Michael A. Hoer director MEDIFAST, INC., 100 INTERNATIONAL DRIVE, 18TH FLOOR, BALTIMORE MD 21202
Scott Schlackman director 3600 CRONDALL LANE, OWINGS MILLS MD 21117
Hallquist Constance J. director 3600 CRONDALL LANE, OWINGS MILLS MD 21117
Elizabeth A. Geary director C/O MEDIFAST, INC., 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
Daniel R Chard director, officer: Chief Executive Officer NU SKIN ENTERPRISES, INC., 75 WEST CENTER STREET, PROVO UT 84601
Jonathan Barrett Mackenzie officer: VP, Finance & CAO 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
Kevin G Byrnes director C/O MEDIFAST, INC., 3600 CRONDALL LANE, OWINGS MILLS MD 21117
Michael C Macdonald director C/O MEDIFAST, INC., 3600 CRONDALL LANE, OWINGS MILLS MD 21117
James P. Maloney officer: Chief Financial Officer 415 HOLIDAY DRIVE, PITTSBURGH PA 15220
Ming Xian director MEDIFAST, INC., 100 INTERNATIONAL DRIVE, 18TH FLOOR, BALTIMORE MD 21202
Carl E Sassano director C/O MEDIFAST, INC., 3600 CRONDALL LANE, OWINGS MILLS MD 21117
Joseph P Kelleman officer: (Interim) CFO 3600 CRONDALL LANE, OWINGS MILLS MD 21117
Timothy G Robinson officer: Chief Financial Officer C/O MEDIFAST, INC., 3600 CRONDALL LANE, OWINGS MILLS MD 21117