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Cerner (Cerner) Cyclically Adjusted PS Ratio : (As of May. 05, 2024)


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What is Cerner Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cerner Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Cerner'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.

Cerner Cyclically Adjusted PS Ratio Chart

Cerner Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PS Ratio
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Cerner Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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Competitive Comparison of Cerner's Cyclically Adjusted PS Ratio

For the Health Information Services subindustry, Cerner'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.


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

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

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



Cerner 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.

Cerner's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2022 is calculated as:

For example, Cerner's adjusted Revenue per Share data for the three months ended in Mar. 2022 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2022 (Change)*Current CPI (Mar. 2022)
=4.825/121.3010*121.3010
=4.825

Current CPI (Mar. 2022) = 121.3010.

Cerner Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201206 1.814 96.819 2.273
201209 1.923 97.633 2.389
201212 2.015 96.871 2.523
201303 1.927 98.209 2.380
201306 2.007 98.518 2.471
201309 2.071 98.790 2.543
201312 2.259 98.326 2.787
201403 2.228 99.695 2.711
201406 2.435 100.560 2.937
201409 2.405 100.428 2.905
201412 2.645 99.070 3.239
201503 2.833 99.621 3.450
201506 3.195 100.684 3.849
201509 3.210 100.392 3.879
201512 3.378 99.792 4.106
201603 3.290 100.470 3.972
201606 3.535 101.688 4.217
201609 3.435 101.861 4.091
201612 3.701 101.863 4.407
201703 3.749 102.862 4.421
201706 3.824 103.349 4.488
201709 3.766 104.136 4.387
201712 3.885 104.011 4.531
201803 3.842 105.290 4.426
201806 4.100 106.317 4.678
201809 4.025 106.507 4.584
201812 4.128 105.998 4.724
201903 4.250 107.251 4.807
201906 4.408 108.070 4.948
201909 4.479 108.329 5.015
201912 4.581 108.420 5.125
202003 4.521 108.902 5.036
202006 4.337 108.767 4.837
202009 4.438 109.815 4.902
202012 4.512 109.897 4.980
202103 4.505 111.754 4.890
202106 4.798 114.631 5.077
202109 4.914 115.734 5.150
202112 4.926 117.630 5.080
202203 4.825 121.301 4.825

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.


Cerner  (NAS:CERN) 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.


Cerner Cyclically Adjusted PS Ratio Related Terms

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


Cerner (Cerner) Business Description

Traded in Other Exchanges
N/A
Address
2800 Rock creek Parkway, North Kansas City, MO, USA, 64117
Cerner is a leading supplier of healthcare information technology solutions and tech-enabled services. The company is a long-standing market leader in the electronic health record industry, and along with rival Epic Systems corners a majority of the market for acute care EHR within health systems. The company is guided by the mission of the founding partners to provide seamless medical records across all healthcare providers to improve outcomes. Beyond medical records, the company offers a wide range of technology that supports the clinical, financial, and operational needs of healthcare facilities.
Executives
Michael R. Battaglioli officer: VP & Chief Accounting Officer 2800 ROCKCREEK PARKWAY NORTH KANSAS CITY MO 64117
Tracy L Platt officer: Chief Human Resources Officer 2800 ROCKCREEK PARKWAY NORTH KANSAS CITY MO 64117
Nasim Afsarmanesh officer: EVP & Chief Health Officer 2800 ROCK CREEK PARKWAY NORTH KANSAS CITY MO 64117
David T Feinberg director, officer: President and CEO 1299 OCEAN AVENUE, SUITE 1000, SANTA MONICA CA 90401
Daniel Devers officer: EVP & Chief Legal Officer 2800 ROCKCREEK PARKWAY NORTH KANSAS CITY MO 64117
Mark J Erceg officer: Exec. VP & CFO 248 E. SKYLINE DRIVE, WASHINGTON UT 84780
William D Zollars director 10777 BARKLEY, PO BOX 7563, OVERLAND PARK KS 66207-0563
Travis Dalton officer: EVP & Chief Client & Serv. Off 2800 ROCKCREEK PARKWAY NORTH KANSAS CITY MO 64117
John Peterzalek other: President, Cerner South East
Elder Granger director 5176 S. LEWISTON WAY, CENTENNIAL CO 80015
George Andrew Riedel director C/O NORTEL NETWORKS CORPORATION, 8200 DIXIE ROAD, SUITE 100, BRAMPTON A6 L6T 5P6
Bisbee Gerald E Jr director C/O CERNER CORP 2800 ROCKCREEK PARKWAY KANSAS CITY MO 64117-2551
Linda M Dillman director 5221 PRESTWICK NORTH CIRCLE FAYETTEVILLE AR 72704
David Brent Shafer director 2800 ROCKCREEK PARKWAY, NORTH KANSAS CITY MO 64117
Donald Trigg officer: SVP 2800 ROCKCREEK PARKWAY NORTH KANSAS CITY MO 64117

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