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Henry Schein (WBO:HSIC) Cyclically Adjusted Revenue per Share : €79.50 (As of Mar. 2024)


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What is Henry Schein 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.

Henry Schein's adjusted revenue per share for the three months ended in Mar. 2024 was €22.488. 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 €79.50 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Henry Schein's average Cyclically Adjusted Revenue Growth Rate was 4.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 9.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 8.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 7.70% 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 Henry Schein was 12.40% per year. The lowest was 5.70% per year. And the median was 10.20% per year.

As of today (2024-05-14), Henry Schein's current stock price is €67.84. Henry Schein's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €79.50. Henry Schein's Cyclically Adjusted PS Ratio of today is 0.85.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Henry Schein was 1.45. The lowest was 0.73. And the median was 1.10.


Henry Schein Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Henry Schein'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.

Henry Schein Cyclically Adjusted Revenue per Share Chart

Henry Schein 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 54.67 51.75 64.30 74.77 77.13

Henry Schein 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 74.45 76.03 79.92 77.13 79.50

Competitive Comparison of Henry Schein's Cyclically Adjusted Revenue per Share

For the Medical Distribution subindustry, Henry Schein'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.


Henry Schein's Cyclically Adjusted PS Ratio Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Henry Schein's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Henry Schein 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, Henry Schein'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)
=22.488/129.4194*129.4194
=22.488

Current CPI (Mar. 2024) = 129.4194.

Henry Schein Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 11.194 100.560 14.407
201409 11.913 100.428 15.352
201412 12.859 99.070 16.798
201503 13.436 99.621 17.455
201506 13.904 100.684 17.872
201509 14.230 100.392 18.345
201512 15.660 99.792 20.309
201603 14.722 100.470 18.964
201606 15.515 101.688 19.746
201609 15.594 101.861 19.813
201612 18.378 101.863 23.350
201703 17.107 102.862 21.524
201706 17.117 103.349 21.435
201709 16.757 104.136 20.826
201712 -1.406 104.011 -1.749
201803 11.962 105.290 14.703
201806 12.858 106.317 15.652
201809 13.142 106.507 15.969
201812 14.216 105.998 17.357
201903 13.819 107.251 16.675
201906 14.498 108.070 17.362
201909 15.332 108.329 18.317
201912 16.311 108.420 19.470
202003 15.361 108.902 18.255
202006 10.508 108.767 12.503
202009 16.851 109.815 19.859
202012 18.110 109.897 21.327
202103 17.134 111.754 19.842
202106 17.384 114.631 19.627
202109 19.147 115.734 21.411
202112 20.974 117.630 23.076
202203 20.731 121.301 22.118
202206 20.641 125.017 21.368
202209 22.597 125.227 23.354
202212 23.475 125.222 24.262
202303 21.483 127.348 21.832
202306 21.697 128.729 21.813
202309 22.541 129.860 22.465
202312 21.193 129.419 21.193
202403 22.488 129.419 22.488

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


Henry Schein  (WBO:HSIC) 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.

Henry Schein's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=67.84/79.5
=0.85

* 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 Henry Schein was 1.45. The lowest was 0.73. And the median was 1.10.


Be Aware

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


Henry Schein Cyclically Adjusted Revenue per Share Related Terms

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


Henry Schein (WBO:HSIC) Business Description

Industry
Traded in Other Exchanges
Address
135 Duryea Road, Melville, NY, USA, 11747
Henry Schein Inc is a solutions company for healthcare professionals powered by a network of people and technology. The company is a provider of healthcare products and services primarily to office-based dental and medical practitioners, as well as alternate sites of care. The company operates in two reportable segments; health care distribution and technology & value-added services. The healthcare distribution segment is engaged in combining global dental and medical businesses and distributes consumable products, small equipment, laboratory products, and Vitamins. The technology and value-added services reportable segment provides software, technology & other value-added services to health care practitioners. The majority of revenue is derived from the health care distribution segment.

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