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Centene (MEX:CNC) Cyclically Adjusted Revenue per Share : MXN3,428.14 (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 MXN1,246.338. 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 MXN3,428.14 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 (2024-06-23), Centene's current stock price is MXN1245.00. Centene's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was MXN3,428.14. Centene's Cyclically Adjusted PS Ratio of today is 0.36.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Centene was 1.28. The lowest was 0.33. 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 1,620.55 2,164.20 2,922.36 3,232.95 3,367.74

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 3,368.21 3,246.14 3,235.02 3,367.74 3,428.14

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)
=1246.338/131.7762*131.7762
=1,246.338

Current CPI (Mar. 2024) = 131.7762.

Centene Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 218.485 100.560 286.309
201409 240.740 100.428 315.887
201412 285.990 99.070 380.406
201503 319.085 99.621 422.077
201506 351.280 100.684 459.759
201509 399.422 100.392 524.291
201512 438.537 99.792 579.090
201603 476.685 100.470 625.216
201606 576.279 101.688 746.792
201609 597.489 101.861 772.963
201612 698.707 101.863 903.893
201703 627.719 102.862 804.167
201706 612.404 103.349 780.851
201709 610.250 104.136 772.228
201712 708.197 104.011 897.246
201803 674.499 105.290 844.176
201806 698.541 106.317 865.819
201809 722.323 106.507 893.699
201812 773.717 105.998 961.882
201903 852.353 107.251 1,047.266
201906 840.179 108.070 1,024.485
201909 892.056 108.329 1,085.132
201912 841.955 108.420 1,023.331
202003 1,105.373 108.902 1,337.556
202006 1,088.772 108.767 1,319.093
202009 1,092.957 109.815 1,311.532
202012 954.799 109.897 1,144.890
202103 1,039.942 111.754 1,226.257
202106 1,059.676 114.631 1,218.166
202109 1,128.034 115.734 1,284.390
202112 1,129.306 117.630 1,265.122
202203 1,253.501 121.301 1,361.750
202206 1,238.701 125.017 1,305.675
202209 1,242.535 125.227 1,307.523
202212 1,222.945 125.222 1,286.957
202303 1,265.651 127.348 1,309.663
202306 1,171.613 128.729 1,199.350
202309 1,224.250 129.860 1,242.320
202312 1,245.961 129.419 1,268.651
202403 1,246.338 131.776 1,246.338

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


Centene  (MEX:CNC) 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
=1245.00/3428.14
=0.36

* 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 0.33. 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 (MEX:CNC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » Centene Corp (MEX:CNC) » Definitions » Cyclically Adjusted Revenue per Share
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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.