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CVS Health (NEOE:CVS) Cyclically Adjusted Revenue per Share : C$58.60 (As of Mar. 2024)


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What is CVS Health 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.

CVS Health's adjusted revenue per share for the three months ended in Mar. 2024 was C$17.202. 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 C$58.60 for the trailing ten years ended in Mar. 2024.

During the past 12 months, CVS Health's average Cyclically Adjusted Revenue Growth Rate was 10.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 12.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 12.30% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 12.30% 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 CVS Health was 13.20% per year. The lowest was 1.30% per year. And the median was 11.00% per year.

As of today (2024-06-24), CVS Health's current stock price is C$15.44. CVS Health's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was C$58.60. CVS Health's Cyclically Adjusted PS Ratio of today is 0.26.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of CVS Health was 1.33. The lowest was 0.24. And the median was 0.56.


CVS Health Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for CVS Health'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.

CVS Health Cyclically Adjusted Revenue per Share Chart

CVS Health 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 - - - 52.27 56.78

CVS Health 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 53.71 55.18 56.35 56.78 58.60

Competitive Comparison of CVS Health's Cyclically Adjusted Revenue per Share

For the Healthcare Plans subindustry, CVS Health'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.


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

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

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



CVS Health 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, CVS Health'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)
=17.202/131.7762*131.7762
=17.202

Current CPI (Mar. 2024) = 131.7762.

CVS Health Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.812 100.560 7.616
201409 6.032 100.428 7.915
201412 6.760 99.070 8.992
201503 7.348 99.621 9.720
201506 7.392 100.684 9.675
201509 8.326 100.392 10.929
201512 9.222 99.792 12.178
201603 9.469 100.470 12.419
201606 9.549 101.688 12.374
201609 9.923 101.861 12.837
201612 10.439 101.863 13.505
201703 10.483 102.862 13.430
201706 10.799 103.349 13.769
201709 10.122 104.136 12.809
201712 11.055 104.011 14.006
201803 10.570 105.290 13.229
201806 11.015 106.317 13.653
201809 11.027 106.507 13.643
201812 11.866 105.998 14.752
201903 11.527 107.251 14.163
201906 11.788 108.070 14.374
201909 11.973 108.329 14.564
201912 12.233 108.420 14.868
202003 12.932 108.902 15.648
202006 12.270 108.767 14.866
202009 12.283 109.815 14.739
202012 12.345 109.897 14.803
202103 11.961 111.754 14.104
202106 12.175 114.631 13.996
202109 12.810 115.734 14.586
202112 13.343 117.630 14.948
202203 13.335 121.301 14.487
202206 14.230 125.017 14.999
202209 14.989 125.227 15.773
202212 15.711 125.222 16.533
202303 16.456 127.348 17.028
202306 16.713 128.729 17.109
202309 17.143 129.860 17.396
202312 17.723 129.419 18.046
202403 17.202 131.776 17.202

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


CVS Health  (NEOE:CVS) 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.

CVS Health's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=15.44/58.6
=0.26

* 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 CVS Health was 1.33. The lowest was 0.24. And the median was 0.56.


Be Aware

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


CVS Health Cyclically Adjusted Revenue per Share Related Terms

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


CVS Health (NEOE:CVS) Business Description

Industry
Address
One CVS Drive, Woonsocket, RI, USA, 02895
CVS Health offers a diverse set of healthcare services. Its roots are in its retail pharmacy operations, where it operates over 9,000 stores primarily in the U.S. CVS is also the largest pharmacy benefit manager (acquired through Caremark), processing over 2 billion adjusted claims annually. It also operates a top-tier health insurer (acquired through Aetna) where it serves about 26 million medical members. The company's recent acquisition of Oak Street adds primary care services to the mix, which could have significant synergies with all its existing business lines.

CVS Health (NEOE:CVS) Headlines