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UnitedHealth Group (WBO:UNH) Cyclically Adjusted Revenue per Share : €307.89 (As of Mar. 2025)


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What is UnitedHealth Group 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.

UnitedHealth Group's adjusted revenue per share for the three months ended in Mar. 2025 was €110.411. 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 €307.89 for the trailing ten years ended in Mar. 2025.

During the past 12 months, UnitedHealth Group's average Cyclically Adjusted Revenue Growth Rate was 11.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 13.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 14.30% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 14.20% 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 UnitedHealth Group was 36.20% per year. The lowest was 12.90% per year. And the median was 17.40% per year.

As of today (2025-05-24), UnitedHealth Group's current stock price is €260.35. UnitedHealth Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was €307.89. UnitedHealth Group's Cyclically Adjusted PS Ratio of today is 0.85.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of UnitedHealth Group was 2.36. The lowest was 0.88. And the median was 1.74.


UnitedHealth Group Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for UnitedHealth Group'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.

UnitedHealth Group Cyclically Adjusted Revenue per Share Chart

UnitedHealth Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 151.13 195.14 237.78 258.99 309.73

UnitedHealth Group Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 275.81 281.72 281.43 309.73 307.89

Competitive Comparison of UnitedHealth Group's Cyclically Adjusted Revenue per Share

For the Healthcare Plans subindustry, UnitedHealth Group'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.


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

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

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


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UnitedHealth Group 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, UnitedHealth Group's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=110.411/134.9266*134.9266
=110.411

Current CPI (Mar. 2025) = 134.9266.

UnitedHealth Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 33.448 100.684 44.824
201509 38.228 100.392 51.379
201512 41.390 99.792 55.962
201603 41.350 100.470 55.531
201606 42.784 101.688 56.769
201609 42.567 101.861 56.385
201612 46.553 101.863 61.664
201703 46.724 102.862 61.289
201706 45.226 103.349 59.044
201709 42.690 104.136 55.313
201712 44.391 104.011 57.585
201803 45.347 105.290 58.111
201806 48.890 106.317 62.046
201809 49.307 106.507 62.464
201812 52.396 105.998 66.696
201903 54.741 107.251 68.867
201906 55.629 108.070 69.454
201909 56.904 108.329 70.875
201912 56.917 108.420 70.832
202003 60.604 108.902 75.087
202006 57.478 108.767 71.302
202009 57.466 109.815 70.607
202012 55.998 109.897 68.752
202103 61.614 111.754 74.390
202106 61.921 114.631 72.884
202109 64.384 115.734 75.061
202112 68.266 117.630 78.304
202203 76.284 121.301 84.853
202206 79.994 125.017 86.335
202209 86.185 125.227 92.861
202212 82.525 125.222 88.921
202303 91.054 127.348 96.473
202306 91.223 128.729 95.615
202309 92.460 129.860 96.068
202312 92.907 129.419 96.860
202403 99.580 131.776 101.961
202406 98.962 132.554 100.733
202409 97.676 133.029 99.069
202412 103.964 133.157 105.346
202503 110.411 134.927 110.411

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


UnitedHealth Group  (WBO:UNH) 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.

UnitedHealth Group's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=260.35/307.89
=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 UnitedHealth Group was 2.36. The lowest was 0.88. And the median was 1.74.


Be Aware

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


UnitedHealth Group Cyclically Adjusted Revenue per Share Related Terms

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


UnitedHealth Group Business Description

Industry
Address
1 Health Drive, Eden Prairie, MN, USA, 55344
UnitedHealth Group is one of the largest private health insurers and provides medical benefits to about 51 million members globally, including 1 million outside the US as of December 2024. As a leader in employer-sponsored, self-directed, and government-backed insurance plans, UnitedHealth has obtained massive scale in medical insurance. Along with its insurance assets, UnitedHealth's Optum franchises help create a healthcare services colossus that spans everything from pharmaceutical benefits to providing outpatient care and analytics to both affiliated and third-party customers.