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ICU Medical (ICU Medical) Cyclically Adjusted PS Ratio : 1.59 (As of May. 16, 2024)


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What is ICU Medical Cyclically Adjusted PS Ratio?

As of today (2024-05-16), ICU Medical's current share price is $104.48. ICU Medical's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $65.74. ICU Medical's Cyclically Adjusted PS Ratio for today is 1.59.

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

ICUI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.31   Med: 5.1   Max: 11.42
Current: 1.59

During the past years, ICU Medical's highest Cyclically Adjusted PS Ratio was 11.42. The lowest was 1.31. And the median was 5.10.

ICUI's Cyclically Adjusted PS Ratio is ranked better than
60.97% of 474 companies
in the Medical Devices & Instruments industry
Industry Median: 2.185 vs ICUI: 1.59

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.

ICU Medical's adjusted revenue per share data for the three months ended in Mar. 2024 was $23.394. 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 $65.74 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


ICU Medical Cyclically Adjusted PS Ratio Historical Data

The historical data trend for ICU Medical'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.

ICU Medical Cyclically Adjusted PS Ratio Chart

ICU Medical Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.29 5.45 5.20 2.84 1.56

ICU Medical Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.84 2.95 1.91 1.56 1.63

Competitive Comparison of ICU Medical's Cyclically Adjusted PS Ratio

For the Medical Instruments & Supplies subindustry, ICU Medical'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.


ICU Medical's Cyclically Adjusted PS Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, ICU Medical's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



ICU Medical 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.

ICU Medical's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=104.48/65.74
=1.59

* 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.

ICU Medical's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, ICU Medical'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)
=23.394/129.4194*129.4194
=23.394

Current CPI (Mar. 2024) = 129.4194.

ICU Medical Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.122 100.560 6.592
201409 5.001 100.428 6.445
201412 4.963 99.070 6.483
201503 5.019 99.621 6.520
201506 5.124 100.684 6.586
201509 5.190 100.392 6.691
201512 5.394 99.792 6.995
201603 5.326 100.470 6.861
201606 5.689 101.688 7.240
201609 5.618 101.861 7.138
201612 5.401 101.863 6.862
201703 12.673 102.862 15.945
201706 16.725 103.349 20.944
201709 16.262 104.136 20.210
201712 17.117 104.011 21.298
201803 17.385 105.290 21.369
201806 16.712 106.317 20.344
201809 15.124 106.507 18.378
201812 15.729 105.998 19.205
201903 15.356 107.251 18.530
201906 14.511 108.070 17.378
201909 14.310 108.329 17.096
201912 14.667 108.420 17.508
202003 15.279 108.902 18.158
202006 14.107 108.767 16.786
202009 14.779 109.815 17.417
202012 14.780 109.897 17.406
202103 14.660 111.754 16.977
202106 14.822 114.631 16.734
202109 15.465 115.734 17.294
202112 15.536 117.630 17.093
202203 22.969 121.301 24.506
202206 23.476 125.017 24.303
202209 25.007 125.227 25.844
202212 24.096 125.222 24.904
202303 23.680 127.348 24.065
202306 22.817 128.729 22.939
202309 22.706 129.860 22.629
202312 24.353 129.419 24.353
202403 23.394 129.419 23.394

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.


ICU Medical  (NAS:ICUI) 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.


ICU Medical Cyclically Adjusted PS Ratio Related Terms

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


ICU Medical (ICU Medical) Business Description

Traded in Other Exchanges
N/A
Address
951 Calle Amanecer, San Clemente, CA, USA, 92673
ICU Medical is a California-based, pure-play infusion therapy company that provides consumables, systems, and services for virtually every component of the IV continuum of care. ICU has become one of the largest players in its industry following its acquisition of Hospira Infusion Systems from Pfizer in 2017, and Smiths Medical from Smiths Group in 2022. It holds top-tier positions in its original reporting segments: infusion consumables (25% of 2022 revenue), IV solutions (16%), infusion systems (15%), and critical care (2%) as well as its new Smiths segments: Smiths infusion systems (15%), vascular access (14%), and vital care (12%). The combined entity remains primarily U.S. focused, generating over 64% of its sales domestically.
Executives
Daniel Woolson officer: VP, GM-Infusion Capital ICU MEDICAL, INC., 951 CALLE AMANECER, SAN CLEMENTE CA 92673
Christian B. Voigtlander officer: Chief Operating Officer 951 CALLE AMANECER, SAN CLEMENTE CA 92673
Vivek Jain director, officer: Chairman and CEO ICU MEDICAL, INC., 951 CALLE AMANECER, SAN CLEMENTE CA 92673
Elisha W Finney director C/O VARIAN MEDICAL SYSTEMS, INC, 3100 HANSEN WAY M/S E-327, PALO ALTO CA 94304
Virginia Ruth Sanzone officer: VP, General Counsel 951 CALLE AMANECER, SAN CLEMENTE CA 92673
George A Lopez director, officer: Chairman, other: Chairman C/O ICU MEDICAL, 951 CALLE AMANECER, SAN CLEMENTE CA 92673
William Seeger director 951 CALLE AMANECER, SAN CLEMENTE CA 92673
Smiths Group International Holdings Ltd 10 percent owner C/O SMITHS GROUP PLC, 11-12 ST. JAMES'S SQUARE, 4TH FLOOR, LONDON X0 SW1Y 4LB
Group Plc Smiths 10 percent owner 765 FINCHKEY ROAD, LONDON X0 00000
Kolleen T Kennedy director VARIAN MEDICAL SYSTEMS INC, 3100 HANSEN WAY MAIL STOP E327, PALO ALTO CA 94304
Robert S Swinney director C/O ICU MEDICAL, 951 CALLE AMANECER, SAN CLEMENTE CA 92673
Laurie Hernandez director 951 CALLE AMANECER, SAN CLEMENTE CA 92673
Brian Michael Bonnell officer: Chief Financial Officer ICU MEDICAL INC., 951 CALLE AMANECER, SAN CLEMENTE CA 92673
Scott E Lamb officer: Controller ICU MEDICAL, INC., 951 CALLE AMANECER, SAN CLEMENTE CA 92673
Kevin J Mcgrody other: Controller ICU MEDICAL, INC., 951 CALLE AMANECER, SAN CLEMENTE CA 92673