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National Healthcare (National Healthcare) Cyclically Adjusted PS Ratio : 1.19 (As of Apr. 28, 2024)


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What is National Healthcare Cyclically Adjusted PS Ratio?

As of today (2024-04-28), National Healthcare's current share price is $91.28. National Healthcare's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $76.97. National Healthcare's Cyclically Adjusted PS Ratio for today is 1.19.

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

NHC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.72   Med: 1.12   Max: 1.4
Current: 1.19

During the past years, National Healthcare's highest Cyclically Adjusted PS Ratio was 1.40. The lowest was 0.72. And the median was 1.12.

NHC's Cyclically Adjusted PS Ratio is ranked worse than
50.15% of 331 companies
in the Healthcare Providers & Services industry
Industry Median: 1.18 vs NHC: 1.19

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.

National Healthcare's adjusted revenue per share data for the three months ended in Dec. 2023 was $19.405. 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 $76.97 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


National Healthcare Cyclically Adjusted PS Ratio Historical Data

The historical data trend for National 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.

National Healthcare Cyclically Adjusted PS Ratio Chart

National 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 1.38 1.05 0.99 0.81 1.20

National Healthcare 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 0.81 0.78 0.81 0.83 1.20

Competitive Comparison of National Healthcare's Cyclically Adjusted PS Ratio

For the Medical Care Facilities subindustry, National 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.


National Healthcare's Cyclically Adjusted PS Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, National Healthcare's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



National 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=91.28/76.97
=1.19

* 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.

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

For example, National Healthcare'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)
=19.405/129.4194*129.4194
=19.405

Current CPI (Dec. 2023) = 129.4194.

National Healthcare Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 14.858 99.695 19.288
201406 15.162 100.560 19.513
201409 15.328 100.428 19.753
201412 15.944 99.070 20.828
201503 15.564 99.621 20.219
201506 15.638 100.684 20.101
201509 15.627 100.392 20.146
201512 15.731 99.792 20.401
201603 15.169 100.470 19.540
201606 14.898 101.688 18.961
201609 15.193 101.861 19.303
201612 15.480 101.863 19.668
201703 15.681 102.862 19.730
201706 15.683 103.349 19.639
201709 15.846 104.136 19.693
201712 16.126 104.011 20.065
201803 15.966 105.290 19.625
201806 15.901 106.317 19.356
201809 16.161 106.507 19.638
201812 16.317 105.998 19.922
201903 16.202 107.251 19.551
201906 16.098 108.070 19.278
201909 16.070 108.329 19.199
201912 16.497 108.420 19.692
202003 16.746 108.902 19.901
202006 15.417 108.767 18.344
202009 15.516 109.815 18.286
202012 16.205 109.897 19.084
202103 14.829 111.754 17.173
202106 16.086 114.631 18.161
202109 17.333 115.734 19.383
202112 17.401 117.630 19.145
202203 17.354 121.301 18.515
202206 17.501 125.017 18.117
202209 17.535 125.227 18.122
202212 17.192 125.222 17.768
202303 17.554 127.348 17.840
202306 18.443 128.729 18.542
202309 18.824 129.860 18.760
202312 19.405 129.419 19.405

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.


National Healthcare  (AMEX:NHC) 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.


National Healthcare Cyclically Adjusted PS Ratio Related Terms

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


National Healthcare (National Healthcare) Business Description

Traded in Other Exchanges
N/A
Address
100 East Vine Street, Murfreesboro, TN, USA, 37130
National Healthcare Corp Provides long-term care facilities. Its principal business includes the operation of skilled nursing facilities, assisted living facilities, independent living facilities, and home care programs. The company's activities include providing sub-acute and post-acute skilled nursing care, intermediate nursing care, rehabilitative care, memory and Alzheimer's care, senior living services, and home health care services. In addition, the company also provides management services, accounting, and financial services, as well as insurance services to third-party operators of healthcare facilities. Its reportable segments include Inpatient services, and Home care hospice services. Generating, a majority of its revenue from Inpatient services.
Executives
Emil E Hassan director
Robert G Adams director, officer: Sr. Vice President & COO P.O. BOX 1398, MURFREESBORO TN 37133-1398
James Paul Abernathy director 2102 GREENLAND DRIVE, MURFREESBORO TN 37130
W Andrew Adams director, officer: CEO P.O. BOX 1398, MURFREESBORO TN 37133-1398
Laroche Richard F Jr director P.O. BOX 1398, MURFREESBORO TN 37133-1398
Burgess Ernest G Iii director P.O. BOX 1398, MURFREESBORO TN 37133-1398
Sandra Y. Trail director 100 VINE STREET, MURFREESBORO TN 37130
Robert Michael Ussery officer: Senior V.P., Operations 100 VINE STREET, SUITE 1400, P. O. BOX 1398, MURFREESBORO TN 37130
Vicki L Dodson officer: Sr.VP Patient Srvcs & CNO 100 VINE STREET, MURFREESBORO TN 37130
Josh A Mccreary officer: Senior VP & General Counsel 100 VINE STREET, MURFREESBORO TN 37130
John K Lines officer: Senior V.P. & General Counsel 601 S. HARBOUR ISLAND BLVD., SUITE 220, TAMPA FL 33602
Jeffrey Russell Smith officer: SVP & Treasurer 100 VINE ST., MURFREESBORO TN 37130
Mcintosh Leroy E. Jr. officer: SVP, Ancillary Services 100 VINE STREET, MURFREESBORO TN 37130
Julia W Powell officer: Sr. V.P., Patient Services 3712 LASCASSAS PIKE, MURFREESBORO TN 37130
Flatt Ben Anderson Sr officer: Senior VP & CIO 100 VINE STREET, MURFREESBORO TN 37130