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Cerner (FRA:CRE) Cyclically Adjusted PS Ratio : (As of May. 27, 2024)


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What is Cerner Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cerner Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Cerner'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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Cerner Cyclically Adjusted PS Ratio Chart

Cerner Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PS Ratio
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Cerner Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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Competitive Comparison of Cerner's Cyclically Adjusted PS Ratio

For the Health Information Services subindustry, Cerner'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.


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

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

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



Cerner 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.

Cerner's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2022 is calculated as:

For example, Cerner's adjusted Revenue per Share data for the three months ended in Mar. 2022 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2022 (Change)*Current CPI (Mar. 2022)
=4.381/121.3010*121.3010
=4.381

Current CPI (Mar. 2022) = 121.3010.

Cerner Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201206 1.446 96.819 1.812
201209 1.492 97.633 1.854
201212 1.536 96.871 1.923
201303 1.488 98.209 1.838
201306 1.522 98.518 1.874
201309 1.549 98.790 1.902
201312 1.649 98.326 2.034
201403 1.611 99.695 1.960
201406 1.792 100.560 2.162
201409 1.866 100.428 2.254
201412 2.145 99.070 2.626
201503 2.617 99.621 3.187
201506 2.847 100.684 3.430
201509 2.860 100.392 3.456
201512 3.101 99.792 3.769
201603 2.955 100.470 3.568
201606 3.146 101.688 3.753
201609 3.061 101.861 3.645
201612 3.509 101.863 4.179
201703 3.506 102.862 4.134
201706 3.403 103.349 3.994
201709 3.160 104.136 3.681
201712 3.283 104.011 3.829
201803 3.116 105.290 3.590
201806 3.510 106.317 4.005
201809 3.449 106.507 3.928
201812 3.629 105.998 4.153
201903 3.762 107.251 4.255
201906 3.901 108.070 4.379
201909 4.067 108.329 4.554
201912 4.123 108.420 4.613
202003 4.092 108.902 4.558
202006 3.852 108.767 4.296
202009 3.768 109.815 4.162
202012 3.709 109.897 4.094
202103 3.784 111.754 4.107
202106 3.983 114.631 4.215
202109 4.177 115.734 4.378
202112 4.360 117.630 4.496
202203 4.381 121.301 4.381

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.


Cerner  (FRA:CRE) 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.


Cerner Cyclically Adjusted PS Ratio Related Terms

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


Cerner (FRA:CRE) Business Description

Traded in Other Exchanges
N/A
Address
2800 Rock creek Parkway, North Kansas City, MO, USA, 64117
Cerner is a leading supplier of healthcare information technology solutions and tech-enabled services. The company is a long-standing market leader in the electronic health record industry, and along with rival Epic Systems corners a majority of the market for acute care EHR within health systems. The company is guided by the mission of the founding partners to provide seamless medical records across all healthcare providers to improve outcomes. Beyond medical records, the company offers a wide range of technology that supports the clinical, financial, and operational needs of healthcare facilities.

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