This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
The historical rank and industry rank for WellCare Health Plans's Median PS Value or its related term are showing as below:
WCG's Price-to-Median-PS-Value is not ranked *
in the Healthcare Plans industry.
Industry Median: 0.65 * Ranked among companies with meaningful Price-to-Median-PS-Value only.
WellCare Health Plans Median PS Value Historical Data
The historical data trend for WellCare Health Plans's Median PS Value 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.
Competitive Comparison of WellCare Health Plans's Median PS Value
For the Healthcare Plans subindustry, WellCare Health Plans's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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.
WellCare Health Plans's Price-to-Median-PS-Value Distribution in the Healthcare Plans Industry
For the Healthcare Plans industry and Healthcare sector, WellCare Health Plans's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where WellCare Health Plans's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 0.
WellCare Health Plans's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $531.477.
* 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.
WellCare Health Plans (NYSE:WCG) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
WellCare Health Plans's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
349.92
/
0.00
=
* 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.
WellCare Health Plans Median PS Value Related Terms
Thank you for viewing the detailed overview of WellCare Health Plans's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
WellCare Health Plans (WellCare Health Plans) Business Description
WellCare Health Plans Inc is a managed care organization focused on government-sponsored managed care services, including Medicare and Medicaid. WellCare's membership is concentrated in Florida, Georgia, Kentucky, New York, and Illinois. Its key segments are Medicaid health plans, Medicare health plans, and Medicare prescription drug plans. Medicaid health plans represent the largest proportion of both total membership and premium revenue. The Medicaid segment generates revenue from the premiums received from the states in which health plans are offered, based on a fixed per-member per-month amount. WellCare also provides Medicare Part C and Part D benefits through its Medicare Advantage plans.
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