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HealthEquity (FRA:2HE) Cyclically Adjusted PS Ratio : 10.87 (As of Apr. 27, 2024)


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What is HealthEquity Cyclically Adjusted PS Ratio?

As of today (2024-04-27), HealthEquity's current share price is €73.50. HealthEquity's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was €6.76. HealthEquity's Cyclically Adjusted PS Ratio for today is 10.87.

The historical rank and industry rank for HealthEquity's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:2HE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 8.54   Med: 10.2   Max: 12.87
Current: 10.98

During the past years, HealthEquity's highest Cyclically Adjusted PS Ratio was 12.87. The lowest was 8.54. And the median was 10.20.

FRA:2HE's Cyclically Adjusted PS Ratio is ranked worse than
96.68% of 331 companies
in the Healthcare Providers & Services industry
Industry Median: 1.18 vs FRA:2HE: 10.98

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.

HealthEquity's adjusted revenue per share data for the three months ended in Jan. 2024 was €2.746. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €6.76 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


HealthEquity Cyclically Adjusted PS Ratio Historical Data

The historical data trend for HealthEquity's Cyclically Adjusted PS Ratio 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.

HealthEquity Cyclically Adjusted PS Ratio Chart

HealthEquity Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 10.01 10.50

HealthEquity Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Cyclically Adjusted PS Ratio 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 10.01 8.34 10.15 10.28 10.50

Competitive Comparison of HealthEquity's Cyclically Adjusted PS Ratio

For the Health Information Services subindustry, HealthEquity'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.


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

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

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



HealthEquity Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

HealthEquity's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=73.50/6.76
=10.87

* 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.

HealthEquity's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, HealthEquity's adjusted Revenue per Share data for the three months ended in Jan. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=2.746/129.4194*129.4194
=2.746

Current CPI (Jan. 2024) = 129.4194.

HealthEquity Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 0.295 100.023 0.382
201407 0.370 100.520 0.476
201410 0.300 100.176 0.388
201501 0.374 98.604 0.491
201504 0.477 99.824 0.618
201507 0.470 100.691 0.604
201510 0.459 100.346 0.592
201601 0.556 99.957 0.720
201604 0.653 100.947 0.837
201607 0.670 101.524 0.854
201610 0.655 101.988 0.831
201701 0.727 102.456 0.918
201704 0.842 103.167 1.056
201707 0.798 103.278 1.000
201710 0.781 104.070 0.971
201801 0.795 104.578 0.984
201804 0.909 105.708 1.113
201807 0.960 106.324 1.169
201810 0.959 106.695 1.163
201901 1.060 106.200 1.292
201904 1.212 107.818 1.455
201907 1.178 108.250 1.408
201910 2.014 108.577 2.401
202001 2.505 108.841 2.979
202004 2.418 108.173 2.893
202007 2.117 109.318 2.506
202010 1.958 109.861 2.307
202101 1.962 110.364 2.301
202104 1.884 112.673 2.164
202107 1.916 115.183 2.153
202110 1.857 116.696 2.059
202201 2.147 118.619 2.342
202204 2.267 121.978 2.405
202207 2.400 125.002 2.485
202210 2.593 125.734 2.669
202301 2.561 126.223 2.626
202304 2.589 127.992 2.618
202307 2.550 128.974 2.559
202310 2.709 129.810 2.701
202401 2.746 129.419 2.746

Add all the adjusted revenue per share together and divide 10 will get our 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.


HealthEquity  (FRA:2HE) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


HealthEquity Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of HealthEquity's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


HealthEquity (FRA:2HE) Business Description

Traded in Other Exchanges
Address
15 West Scenic Pointe Drive, Suite 100, Draper, UT, USA, 84020
HealthEquity Inc provides solutions that allow consumers to make healthcare saving and spending decisions. Its technology allows customers to see their tax-advantaged healthcare savings, compare treatment options and pricing, pay healthcare bills, receive benefit information, and earn wellness incentives. The firm primarily partners with health plans and employers and serves as the custodian of its customers' health savings accounts (HSAs). HealthEquity also engages in reimbursement arrangements and offers healthcare incentives to its members. In addition, the company provides investment advisory services to customers whose account balances exceed a certain threshold. HealthEquity generates its revenue in the United States.

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