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HCA Healthcare (FRA:2BH) Cyclically Adjusted Revenue per Share : €158.46 (As of Mar. 2024)


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What is HCA Healthcare Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

HCA Healthcare's adjusted revenue per share for the three months ended in Mar. 2024 was €59.518. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is €158.46 for the trailing ten years ended in Mar. 2024.

During the past 12 months, HCA Healthcare's average Cyclically Adjusted Revenue Growth Rate was 11.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 14.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 12.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 8.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of HCA Healthcare was 14.90% per year. The lowest was 3.10% per year. And the median was 6.60% per year.

As of today (2024-05-14), HCA Healthcare's current stock price is €295.60. HCA Healthcare's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €158.46. HCA Healthcare's Cyclically Adjusted PS Ratio of today is 1.87.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of HCA Healthcare was 2.16. The lowest was 0.48. And the median was 1.17.


HCA Healthcare Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for HCA Healthcare's Cyclically Adjusted Revenue per Share 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.

HCA Healthcare Cyclically Adjusted Revenue per Share Chart

HCA Healthcare Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 90.59 89.35 113.18 136.98 150.03

HCA Healthcare Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Revenue per Share 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 141.13 145.67 154.65 150.03 158.46

Competitive Comparison of HCA Healthcare's Cyclically Adjusted Revenue per Share

For the Medical Care Facilities subindustry, HCA 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.


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

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

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



HCA Healthcare Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, HCA Healthcare'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)
=59.518/129.4194*129.4194
=59.518

Current CPI (Mar. 2024) = 129.4194.

HCA Healthcare Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 14.996 100.560 19.300
201409 15.997 100.428 20.615
201412 17.609 99.070 23.003
201503 20.539 99.621 26.683
201506 20.538 100.684 26.400
201509 20.593 100.392 26.547
201512 22.626 99.792 29.343
201603 22.440 100.470 28.906
201606 23.037 101.688 29.319
201609 23.488 101.861 29.843
201612 26.224 101.863 33.318
201703 26.140 102.862 32.889
201706 25.450 103.349 31.870
201709 24.265 104.136 30.156
201712 26.852 104.011 33.412
201803 25.751 105.290 31.653
201806 27.796 106.317 33.836
201809 27.750 106.507 33.720
201812 30.577 105.998 37.333
201903 31.622 107.251 38.158
201906 32.014 108.070 38.339
201909 33.170 108.329 39.628
201912 35.098 108.420 41.896
202003 33.825 108.902 40.198
202006 28.772 108.767 34.235
202009 32.914 109.815 38.790
202012 34.017 109.897 40.060
202103 34.197 111.754 39.603
202106 36.021 114.631 40.668
202109 40.072 115.734 44.810
202112 42.287 117.630 46.525
202203 44.148 121.301 47.103
202206 47.354 125.017 49.022
202209 52.167 125.227 53.914
202212 51.230 125.222 52.947
202303 51.829 127.348 52.672
202306 52.623 128.729 52.905
202309 55.157 129.860 54.970
202312 58.521 129.419 58.521
202403 59.518 129.419 59.518

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


HCA Healthcare  (FRA:2BH) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

HCA Healthcare's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=295.60/158.46
=1.87

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of HCA Healthcare was 2.16. The lowest was 0.48. And the median was 1.17.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


HCA Healthcare Cyclically Adjusted Revenue per Share Related Terms

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


HCA Healthcare (FRA:2BH) Business Description

Traded in Other Exchanges
Address
One Park Plaza, Nashville, TN, USA, 37203
HCA Healthcare is a Nashville-based healthcare provider organization operating the largest collection of acute-care hospitals in the United States. As of December 2022, the firm owned and operated 182 hospitals, 126 freestanding outpatient surgery centers, and a broad network of physician offices, urgent-care clinics, and freestanding emergency rooms across 20 states and a small foothold in England.

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