UnitedHealth Group (XSWX:UNH) Cyclically Adjusted Revenue per Share: CHF290.43 (As of Mar. 2026)


XSWX:UNH UnitedHealth Group Inc XSWX:UNH
79 GF Score
Price CHF342.65
GF Value CHF474.88
Valuation Modestly Undervalued
! 10 Warning Signs
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What is UnitedHealth Group Cyclically Adjusted Revenue per Share?

UnitedHealth Group XSWX:UNH -0.36% 79 Cyclically Adjusted Revenue per Share is CHF290.43 as of Mar. 2026. GuruFocus rates XSWX:UNH with a GF Score™ of 79/100 and a GF Value™ of CHF474.88 (Modestly Undervalued). The stock has 10 warning signs investors should review.

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. 2026 was CHF96.657. 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 CHF290.43 for the trailing ten years ended in Mar. 2026.

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 11.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 13.70% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 13.90% 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 34.10% per year. The lowest was 11.90% per year. And the median was 16.90% per year.

As of today (2026-07-06), UnitedHealth Group's current stock price is CHF342.65. UnitedHealth Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was CHF290.43. UnitedHealth Group's Cyclically Adjusted PS Ratio of today is 1.18.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of UnitedHealth Group was 2.36. The lowest was 0.69. And the median was 1.74.


UnitedHealth Group  (XSWX: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
=342.65/290.43
=1.18

* 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 0.69. 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


UnitedHealth Group Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

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.

UnitedHealth Group Cyclically Adjusted Revenue per Share Chart

UnitedHealth Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

UnitedHealth Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 0.00 290.43

XSWX:UNH vs CVS, ELV, CI: Cyclically Adjusted Revenue per Share Comparison

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 Cyclically Adjusted PS Ratio vs 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.


XSWX:UNH
79GF Score
UnitedHealth Group Inc XSWX:UNH
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=96.657/330.2130*330.2130
=96.657

Current CPI (Mar. 2026) = 330.2130.

UnitedHealth Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 46.605 241.018 63.852
201609 46.494 241.428 63.592
201612 50.059 241.432 68.467
201703 50.047 243.801 67.785
201706 49.194 244.955 66.316
201709 48.974 246.819 65.521
201712 51.851 246.524 69.453
201803 53.007 249.554 70.140
201806 56.543 251.989 74.095
201809 55.710 252.439 72.874
201812 59.126 251.233 77.713
201903 61.885 254.202 80.390
201906 62.104 256.143 80.063
201909 62.081 256.759 79.841
201912 62.141 256.974 79.852
202003 64.240 258.115 82.184
202006 61.575 257.797 78.872
202009 61.927 260.280 78.566
202012 60.521 260.474 76.725
202103 68.201 264.877 85.024
202106 67.725 271.696 82.311
202109 69.898 274.310 84.143
202112 71.043 278.802 84.143
202203 78.082 287.504 89.681
202206 82.040 296.311 91.426
202209 83.053 296.808 92.400
202212 81.441 296.797 90.610
202303 90.225 301.836 98.707
202306 88.989 305.109 96.311
202309 88.769 307.789 95.236
202312 87.619 306.746 94.322
202403 96.181 312.332 101.687
202406 95.212 314.175 100.072
202409 91.844 315.301 96.188
202412 97.062 315.605 101.555
202503 105.469 319.799 108.904
202506 99.743 322.561 102.109
202509 99.215 324.800 100.868
202512 99.362 324.054 101.250
202603 96.657 330.213 96.657

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

What does a Cyclically Adjusted Revenue per Share of CHF290.43 mean?
UnitedHealth Group (XSWX:UNH) has a Cyclically Adjusted Revenue per Share of CHF290.43 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on UnitedHealth Group and its competitors.
Is UnitedHealth Group's Cyclically Adjusted Revenue per Share too high?
UnitedHealth Group's current Cyclically Adjusted Revenue per Share is CHF290.43. Overall, UnitedHealth Group has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does UnitedHealth Group's Cyclically Adjusted Revenue per Share compare to CVS and ELV?
UnitedHealth Group's Cyclically Adjusted Revenue per Share of CHF290.43 can be compared against companies in the Healthcare Plans industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Healthcare Plans company?
A good Cyclically Adjusted Revenue per Share depends on the Healthcare Plans industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on UnitedHealth Group and its competitors. UnitedHealth Group's current Cyclically Adjusted Revenue per Share is CHF290.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is UnitedHealth Group stock overvalued right now?
Based on GuruFocus' analysis, UnitedHealth Group (XSWX:UNH) is currently considered Modestly Undervalued. The stock's GF Value™ is CHF474.88, compared to a current price of CHF342.65 — trading 27.8% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is CHF290.43. UnitedHealth Group's overall GF Score™ is 79/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For UnitedHealth Group (XSWX:UNH), the current Cyclically Adjusted Revenue per Share is CHF290.43 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is UnitedHealth Group (XSWX:UNH) Overvalued in 2026?

Based on GuruFocus' analysis, UnitedHealth Group stock appears to be undervalued. The current stock price of CHF342.65 is trading 27.8% below its estimated GF Value™ of CHF474.88. GuruFocus considers UnitedHealth Group to be Modestly Undervalued.

Key valuation signals for XSWX:UNH:

  • Cyclically Adjusted Revenue per Share: CHF290.43
  • GF Value™: CHF474.88 vs. price of CHF342.65 (27.8% below fair value)
  • GF Score™: 79/100 with 10 warning signs

No single metric tells the full story. See the XSWX:UNH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


UnitedHealth Group Business Description

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 2025. 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 affiliates and third parties.
79GF Score

Get the complete analysis for XSWX:UNH

Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF342.65
Price
CHF474.88
GF Value