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Molina Healthcare (STU:MHG) Cyclically Adjusted Revenue per Share : €414.71 (As of Sep. 2024)


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What is Molina 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.

Molina Healthcare's adjusted revenue per share for the three months ended in Sep. 2024 was €161.462. 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 €414.71 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Molina Healthcare's average Cyclically Adjusted Revenue Growth Rate was 13.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 18.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 15.70% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 16.60% 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 Molina Healthcare was 21.60% per year. The lowest was 10.90% per year. And the median was 17.65% per year.

As of today (2024-10-31), Molina Healthcare's current stock price is €296.10. Molina Healthcare's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was €414.71. Molina Healthcare's Cyclically Adjusted PS Ratio of today is 0.71.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Molina Healthcare was 1.12. The lowest was 0.28. And the median was 0.66.


Molina Healthcare Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Molina 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.

Molina Healthcare Cyclically Adjusted Revenue per Share Chart

Molina 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 201.53 197.27 272.91 340.80 367.69

Molina Healthcare Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 387.88 367.69 405.85 423.15 414.71

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

For the Healthcare Plans subindustry, Molina 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.


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

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

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



Molina 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, Molina Healthcare's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=161.462/133.0289*133.0289
=161.462

Current CPI (Sep. 2024) = 133.0289.

Molina Healthcare Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 46.656 99.070 62.649
201503 58.600 99.621 78.251
201506 58.163 100.684 76.848
201509 53.623 100.392 71.056
201512 60.230 99.792 80.290
201603 68.421 100.470 90.594
201606 70.537 101.688 92.277
201609 72.330 101.861 94.462
201612 76.754 101.863 100.238
201703 81.879 102.862 105.892
201706 79.448 103.349 102.264
201709 74.708 104.136 95.436
201712 75.486 104.011 96.546
201803 57.790 105.290 73.015
201806 62.666 106.317 78.411
201809 59.283 106.507 74.046
201812 60.112 105.998 75.441
201903 55.065 107.251 68.300
201906 57.981 108.070 71.372
201909 60.576 108.329 74.388
201912 61.057 108.420 74.915
202003 67.489 108.902 82.441
202006 69.037 108.767 84.436
202009 71.524 109.815 86.644
202012 79.836 109.897 96.641
202103 93.489 111.754 111.286
202106 96.644 114.631 112.155
202109 103.529 115.734 119.000
202112 108.559 117.630 122.771
202203 120.190 121.301 131.810
202206 130.464 125.017 138.825
202209 137.329 125.227 145.885
202212 132.693 125.222 140.966
202303 131.227 127.348 137.081
202306 132.743 128.729 137.177
202309 137.857 129.860 141.222
202312 142.806 129.419 146.789
202403 156.716 131.776 158.206
202406 157.707 132.554 158.272
202409 161.462 133.029 161.462

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


Molina Healthcare  (STU:MHG) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=296.10/414.71
=0.71

* 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 Molina Healthcare was 1.12. The lowest was 0.28. And the median was 0.66.


Be Aware

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


Molina Healthcare Cyclically Adjusted Revenue per Share Related Terms

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


Molina Healthcare Business Description

Industry
Traded in Other Exchanges
Address
200 Oceangate, Suite 100, Long Beach, CA, USA, 90802
Molina Healthcare Inc offers healthcare plans focused on Medicaid-related solutions for low-income families and individuals. Its health plans are operated by a network of subsidiaries, each of which is licensed as a health maintenance organization (HMO). It has four segments: Medicaid, Medicare, Marketplace and Others. The Medicaid, Medicare, and Marketplace segments represent the government-funded or sponsored programs under which it offers managed healthcare services. The Other segment, which is insignificant to its consolidated results of operations, includes long-term services and supports consultative services in Wisconsin. It generates majority revenue from Medicaid segment.

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