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Centene (LTS:0HVB) Cyclically Adjusted Revenue per Share : $203.95 (As of Mar. 2024)


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What is Centene 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.

Centene's adjusted revenue per share for the three months ended in Mar. 2024 was $75.098. 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 $203.95 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Centene's average Cyclically Adjusted Revenue Growth Rate was 16.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 20.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 20.90% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 23.90% 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 Centene was 29.00% per year. The lowest was 20.50% per year. And the median was 24.30% per year.

As of today (2024-05-22), Centene's current stock price is $78.24. Centene's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $203.95. Centene's Cyclically Adjusted PS Ratio of today is 0.38.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Centene was 1.28. The lowest was 0.34. And the median was 0.67.


Centene Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Centene'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.

Centene Cyclically Adjusted Revenue per Share Chart

Centene 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 91.19 108.89 138.76 165.67 193.94

Centene 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 176.19 183.54 190.44 193.94 203.95

Competitive Comparison of Centene's Cyclically Adjusted Revenue per Share

For the Healthcare Plans subindustry, Centene'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.


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

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

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



Centene 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, Centene'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)
=75.098/131.7762*131.7762
=75.098

Current CPI (Mar. 2024) = 131.7762.

Centene Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 16.846 100.560 22.076
201409 17.930 100.428 23.527
201412 19.389 99.070 25.790
201503 20.930 99.621 27.686
201506 22.388 100.684 29.302
201509 23.637 100.392 31.026
201512 25.504 99.792 33.678
201603 27.692 100.470 36.321
201606 31.161 101.688 40.381
201609 30.901 101.861 39.976
201612 33.890 101.863 43.842
201703 33.338 102.862 42.709
201706 33.879 103.349 43.198
201709 33.626 104.136 42.551
201712 36.060 104.011 45.686
201803 37.126 105.290 46.465
201806 35.550 106.317 44.063
201809 38.617 106.507 47.779
201812 39.405 105.998 48.988
201903 43.940 107.251 53.988
201906 43.739 108.070 53.334
201909 45.186 108.329 54.966
201912 44.642 108.420 54.259
202003 47.141 108.902 57.043
202006 47.170 108.767 57.148
202009 49.475 109.815 59.369
202012 47.999 109.897 57.555
202103 50.875 111.754 59.990
202106 53.234 114.631 61.196
202109 54.860 115.734 62.464
202112 55.051 117.630 61.672
202203 62.955 121.301 68.392
202206 61.572 125.017 64.901
202209 61.772 125.227 65.003
202212 62.728 125.222 66.011
202303 70.216 127.348 72.658
202306 68.340 128.729 69.958
202309 70.283 129.860 71.320
202312 73.403 129.419 74.740
202403 75.098 131.776 75.098

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


Centene  (LTS:0HVB) 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.

Centene's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=78.24/203.95
=0.38

* 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 Centene was 1.28. The lowest was 0.34. And the median was 0.67.


Be Aware

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


Centene Cyclically Adjusted Revenue per Share Related Terms

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


Centene (LTS:0HVB) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » Centene Corp (LTS:0HVB) » Definitions » Cyclically Adjusted Revenue per Share
Address
7700 Forsyth Boulevard, Centene Plaza, St. Louis, MO, USA, 63105
Centene is a managed-care organization focused on government-sponsored healthcare plans, including Medicaid, Medicare, and the individual exchanges. Centene served 24 million medical members as of June 2023, mostly in Medicaid (67% of membership), the individual exchanges (14%), and Medicare Advantage (6%) plans. The company also serves traditional Medicare users with its Medicare Part D pharmaceutical program.

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