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UnitedHealth Group (FRA:UNH) Cyclically Adjusted PS Ratio : 1.74 (As of May. 20, 2024)


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What is UnitedHealth Group Cyclically Adjusted PS Ratio?

As of today (2024-05-20), UnitedHealth Group's current share price is €480.35. UnitedHealth Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €275.81. UnitedHealth Group's Cyclically Adjusted PS Ratio for today is 1.74.

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

FRA:UNH' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.9   Med: 1.66   Max: 2.36
Current: 1.76

During the past years, UnitedHealth Group's highest Cyclically Adjusted PS Ratio was 2.36. The lowest was 0.90. And the median was 1.66.

FRA:UNH's Cyclically Adjusted PS Ratio is ranked worse than
71.43% of 14 companies
in the Healthcare Plans industry
Industry Median: 0.975 vs FRA:UNH: 1.76

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 adjusted revenue per share data for the three months ended in Mar. 2024 was €99.580. 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 €275.81 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


UnitedHealth Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for UnitedHealth Group'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.

UnitedHealth Group Cyclically Adjusted PS Ratio Chart

UnitedHealth Group 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 1.75 1.87 2.29 2.08 1.83

UnitedHealth Group 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 1.79 1.76 1.79 1.83 1.66

Competitive Comparison of UnitedHealth Group's Cyclically Adjusted PS Ratio

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's Cyclically Adjusted PS Ratio Distribution in the 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.



UnitedHealth Group 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.

UnitedHealth Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=480.35/275.81
=1.74

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

For example, UnitedHealth Group'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)
=99.58/131.7762*131.7762
=99.580

Current CPI (Mar. 2024) = 131.7762.

UnitedHealth Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 24.192 100.560 31.702
201409 25.887 100.428 33.968
201412 27.838 99.070 37.028
201503 34.096 99.621 45.101
201506 33.448 100.684 43.777
201509 38.228 100.392 50.179
201512 41.390 99.792 54.656
201603 41.350 100.470 54.234
201606 42.784 101.688 55.443
201609 42.567 101.861 55.068
201612 46.553 101.863 60.224
201703 46.724 102.862 59.858
201706 45.226 103.349 57.666
201709 42.690 104.136 54.021
201712 44.391 104.011 56.241
201803 45.347 105.290 56.755
201806 48.890 106.317 60.598
201809 49.307 106.507 61.005
201812 52.396 105.998 65.139
201903 54.741 107.251 67.259
201906 55.629 108.070 67.832
201909 56.904 108.329 69.220
201912 56.917 108.420 69.178
202003 60.604 108.902 73.334
202006 57.478 108.767 69.637
202009 57.466 109.815 68.958
202012 55.998 109.897 67.147
202103 61.614 111.754 72.653
202106 61.921 114.631 71.182
202109 64.384 115.734 73.308
202112 68.266 117.630 76.476
202203 76.284 121.301 82.872
202206 79.994 125.017 84.319
202209 86.185 125.227 90.693
202212 82.525 125.222 86.845
202303 91.054 127.348 94.220
202306 91.223 128.729 93.383
202309 92.460 129.860 93.825
202312 92.907 129.419 94.599
202403 99.580 131.776 99.580

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.


UnitedHealth Group  (FRA:UNH) 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.


UnitedHealth Group Cyclically Adjusted PS Ratio Related Terms

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


UnitedHealth Group (FRA:UNH) Business Description

Address
9900 Bren Road East, UnitedHealth Group Center, Minnetonka, MN, USA, 55343
UnitedHealth Group is one of the largest private health insurers, providing medical benefits to about 53 million members globally, including 5 million outside the U.S. as of mid-2023. As a leader in employer-sponsored, self-directed, and government-backed insurance plans, UnitedHealth has obtained massive scale in managed care. Along with its insurance assets, UnitedHealth's continued investments in its Optum franchises have created a healthcare services colossus that spans everything from medical and pharmaceutical benefits to providing outpatient care and analytics to both affiliated and third-party customers.

UnitedHealth Group (FRA:UNH) Headlines