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Express Scripts Holding Co (FRA:4XS) Cyclically Adjusted PS Ratio : (As of May. 25, 2024)


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What is Express Scripts Holding Co Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Express Scripts Holding Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Express Scripts Holding Co'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.

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Express Scripts Holding Co Cyclically Adjusted PS Ratio Chart

Express Scripts Holding Co Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cyclically Adjusted PS Ratio
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Express Scripts Holding Co Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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Competitive Comparison of Express Scripts Holding Co's Cyclically Adjusted PS Ratio

For the Healthcare Plans subindustry, Express Scripts Holding Co'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.


Express Scripts Holding Co's Cyclically Adjusted PS Ratio Distribution in the Healthcare Plans Industry

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

* The bar in red indicates where Express Scripts Holding Co's Cyclically Adjusted PS Ratio falls into.



Express Scripts Holding Co 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.

Express Scripts Holding Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2018 is calculated as:

For example, Express Scripts Holding Co's adjusted Revenue per Share data for the three months ended in Sep. 2018 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2018 (Change)*Current CPI (Sep. 2018)
=38.577/106.5067*106.5067
=38.577

Current CPI (Sep. 2018) = 106.5067.

Express Scripts Holding Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200812 8.178 88.697 9.820
200903 8.331 89.744 9.887
200906 7.583 91.003 8.875
200909 6.945 91.120 8.118
200912 10.110 91.111 11.818
201003 14.770 91.821 17.132
201006 16.786 91.962 19.441
201009 15.987 92.162 18.475
201012 16.005 92.474 18.434
201103 14.816 94.283 16.737
201106 15.552 95.235 17.393
201109 17.140 95.727 19.070
201112 18.804 95.213 21.034
201203 18.755 96.783 20.639
201206 26.607 96.819 29.269
201209 25.033 97.633 27.308
201212 25.048 96.871 27.539
201303 24.129 98.209 26.168
201306 24.140 98.518 26.098
201309 23.557 98.790 25.397
201312 23.455 98.326 25.406
201403 21.776 99.695 23.264
201406 24.112 100.560 25.538
201409 26.815 100.428 28.438
201412 28.911 99.070 31.081
201503 31.285 99.621 33.447
201506 33.284 100.684 35.209
201509 32.942 100.392 34.949
201512 35.197 99.792 37.565
201603 34.267 100.470 36.326
201606 35.312 101.688 36.985
201609 36.103 101.861 37.750
201612 38.426 101.863 40.178
201703 38.097 102.862 39.447
201706 38.523 103.349 39.700
201709 36.035 104.136 36.855
201712 37.729 104.011 38.634
201803 35.422 105.290 35.831
201806 38.814 106.317 38.883
201809 38.577 106.507 38.577

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.


Express Scripts Holding Co  (FRA:4XS) 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.


Express Scripts Holding Co Cyclically Adjusted PS Ratio Related Terms

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Express Scripts Holding Co (FRA:4XS) Business Description

Traded in Other Exchanges
N/A
Address
Express Scripts is the largest pharmacy benefit manager in the United States. Through its mail-order pharmacy and network of retail pharmacies, Express Scripts processes approximately 1.3 billion adjusted prescriptions annually for its payer clients.

Express Scripts Holding Co (FRA:4XS) Headlines

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