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ModivCare (STU:PRF) Cyclically Adjusted Revenue per Share : €723.45 (As of Mar. 2024)


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What is ModivCare 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.

ModivCare's adjusted revenue per share for the three months ended in Mar. 2024 was €44.338. 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 €723.45 for the trailing ten years ended in Mar. 2024.

During the past 12 months, ModivCare's average Cyclically Adjusted Revenue Growth Rate was 13.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 13.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 10.30% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 10.50% 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 ModivCare was 14.40% per year. The lowest was 6.50% per year. And the median was 10.40% per year.

As of today (2024-06-20), ModivCare's current stock price is €118.00. ModivCare's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €723.45. ModivCare's Cyclically Adjusted PS Ratio of today is 0.16.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of ModivCare was 1.99. The lowest was 0.15. And the median was 0.74.


ModivCare Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for ModivCare'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.

ModivCare Cyclically Adjusted Revenue per Share Chart

ModivCare 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 81.44 75.38 86.39 161.46 372.64

ModivCare 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 178.26 340.82 501.77 372.64 723.45

Competitive Comparison of ModivCare's Cyclically Adjusted Revenue per Share

For the Medical Care Facilities subindustry, ModivCare'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.


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

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

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



ModivCare 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, ModivCare'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)
=44.338/131.7762*131.7762
=44.338

Current CPI (Mar. 2024) = 131.7762.

ModivCare Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 17.514 100.560 22.951
201409 15.824 100.428 20.763
201412 16.572 99.070 22.043
201503 24.027 99.621 31.782
201506 22.945 100.684 30.031
201509 20.967 100.392 27.522
201512 21.909 99.792 28.931
201603 22.591 100.470 29.630
201606 23.592 101.688 30.573
201609 25.101 101.861 32.473
201612 2.748 101.863 3.555
201703 27.128 102.862 34.754
201706 26.683 103.349 34.022
201709 25.160 104.136 31.838
201712 6.260 104.011 7.931
201803 20.688 105.290 25.892
201806 22.482 106.317 27.866
201809 22.790 106.507 28.197
201812 24.533 105.998 30.499
201903 25.131 107.251 30.878
201906 24.825 108.070 30.271
201909 27.468 108.329 33.413
201912 26.712 108.420 32.466
202003 25.544 108.902 30.910
202006 19.165 108.767 23.219
202009 19.259 109.815 23.111
202012 22.612 109.897 27.114
202103 26.531 111.754 31.284
202106 27.779 114.631 31.934
202109 29.951 115.734 34.103
202112 36.635 117.630 41.041
202203 36.932 121.301 40.121
202206 42.104 125.017 44.380
202209 46.560 125.227 48.995
202212 43.706 125.222 45.994
202303 43.674 127.348 45.193
202306 45.535 128.729 46.613
202309 45.382 129.860 46.052
202312 45.429 129.419 46.256
202403 44.338 131.776 44.338

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


ModivCare  (STU:PRF) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=118.00/723.45
=0.16

* 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 ModivCare was 1.99. The lowest was 0.15. And the median was 0.74.


Be Aware

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


ModivCare Cyclically Adjusted Revenue per Share Related Terms

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


ModivCare (STU:PRF) Business Description

Industry
Traded in Other Exchanges
Address
6900 Layton Avenue, 12th Floor, Denver, CO, USA, 80237
ModivCare Inc is a technology-enabled healthcare services company that provides a suite of integrated supportive care solutions for payors and their members. The company is also a provider of non-emergency medical transportation, or NEMT, personal care, and remote patient monitoring, or RPM, solutions, which serve similar, highly vulnerable patient populations. Its operating segment includes NEMT, Personal Care, and Remote Patient Monitoring. The company generates maximum revenue from the NEMT segment.

ModivCare (STU:PRF) Headlines

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