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UnitedHealth Group (NEOE:UNH) Cyclically Adjusted PS Ratio : 1.60 (As of Jun. 20, 2024)


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What is UnitedHealth Group Cyclically Adjusted PS Ratio?

As of today (2024-06-20), UnitedHealth Group's current share price is C$23.01. UnitedHealth Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was C$14.38. UnitedHealth Group's Cyclically Adjusted PS Ratio for today is 1.60.

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

NEOE:UNH' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.91   Med: 1.66   Max: 2.36
Current: 1.61

During the past years, UnitedHealth Group's highest Cyclically Adjusted PS Ratio was 2.36. The lowest was 0.91. And the median was 1.66.

NEOE:UNH's Cyclically Adjusted PS Ratio is ranked worse than
71.43% of 14 companies
in the Healthcare Plans industry
Industry Median: 0.955 vs NEOE:UNH: 1.61

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.

UnitedHealth Group's adjusted revenue per share data for the three months ended in Mar. 2024 was C$5.566. 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 C$14.38 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


UnitedHealth Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for UnitedHealth Group'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.

UnitedHealth Group Cyclically Adjusted PS Ratio Chart

UnitedHealth Group 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 1.75 1.87 2.29 2.08 1.83

UnitedHealth Group 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 1.79 1.76 1.79 1.83 1.66

Competitive Comparison of UnitedHealth Group's Cyclically Adjusted PS Ratio

For the Healthcare Plans subindustry, UnitedHealth Group'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.


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

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

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



UnitedHealth Group 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.

UnitedHealth Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=23.01/14.38
=1.60

* 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.

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

For example, UnitedHealth Group'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)
=5.566/131.7762*131.7762
=5.566

Current CPI (Mar. 2024) = 131.7762.

UnitedHealth Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.352 100.560 1.772
201409 1.395 100.428 1.830
201412 1.504 99.070 2.001
201503 1.769 99.621 2.340
201506 1.763 100.684 2.307
201509 2.162 100.392 2.838
201512 2.349 99.792 3.102
201603 2.314 100.470 3.035
201606 2.355 101.688 3.052
201609 2.379 101.861 3.078
201612 2.488 101.863 3.219
201703 2.541 102.862 3.255
201706 2.566 103.349 3.272
201709 2.373 104.136 3.003
201712 2.548 104.011 3.228
201803 2.747 105.290 3.438
201806 2.848 106.317 3.530
201809 2.849 106.507 3.525
201812 3.042 105.998 3.782
201903 3.142 107.251 3.861
201906 3.173 108.070 3.869
201909 3.152 108.329 3.834
201912 3.164 108.420 3.846
202003 3.551 108.902 4.297
202006 3.332 108.767 4.037
202009 3.402 109.815 4.082
202012 3.315 109.897 3.975
202103 3.502 111.754 4.129
202106 3.463 114.631 3.981
202109 3.646 115.734 4.151
202112 3.751 117.630 4.202
202203 4.040 121.301 4.389
202206 4.113 125.017 4.335
202209 4.324 125.227 4.550
202212 4.511 125.222 4.747
202303 5.067 127.348 5.243
202306 4.988 128.729 5.106
202309 5.072 129.860 5.147
202312 5.164 129.419 5.258
202403 5.566 131.776 5.566

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.


UnitedHealth Group  (NEOE:UNH) 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.


UnitedHealth Group Cyclically Adjusted PS Ratio Related Terms

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


UnitedHealth Group (NEOE:UNH) Business Description

Address
9900 Bren Road East, UnitedHealth Group Center, Minnetonka, MN, USA, 55343
UnitedHealth Group is one of the largest private health insurers, providing medical benefits to about 53 million members globally, including 5 million outside the U.S. as of mid-2023. As a leader in employer-sponsored, self-directed, and government-backed insurance plans, UnitedHealth has obtained massive scale in managed care. Along with its insurance assets, UnitedHealth's continued investments in its Optum franchises have created a healthcare services colossus that spans everything from medical and pharmaceutical benefits to providing outpatient care and analytics to both affiliated and third-party customers.

UnitedHealth Group (NEOE:UNH) Headlines