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UnitedHealth Group (LIM:UNH) Cyclically Adjusted PS Ratio : 1.81 (As of May. 22, 2024)


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What is UnitedHealth Group Cyclically Adjusted PS Ratio?

As of today (2024-05-22), UnitedHealth Group's current share price is $521.00. UnitedHealth Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $287.59. UnitedHealth Group's Cyclically Adjusted PS Ratio for today is 1.81.

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

LIM:UNH' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.91   Med: 1.66   Max: 2.36
Current: 1.73

During the past years, UnitedHealth Group's highest Cyclically Adjusted PS Ratio was 2.36. The lowest was 0.91. And the median was 1.66.

LIM:UNH's Cyclically Adjusted PS Ratio is ranked worse than
71.43% of 14 companies
in the Healthcare Plans industry
Industry Median: 0.97 vs LIM:UNH: 1.73

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 $108.239. 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 $287.59 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
=521.00/287.59
=1.81

* 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)
=108.239/131.7762*131.7762
=108.239

Current CPI (Mar. 2024) = 131.7762.

UnitedHealth Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 32.870 100.560 43.074
201409 33.359 100.428 43.772
201412 34.325 99.070 45.657
201503 36.900 99.621 48.810
201506 37.539 100.684 49.131
201509 42.905 100.392 56.318
201512 45.087 99.792 59.538
201603 46.047 100.470 60.395
201606 48.071 101.688 62.295
201609 47.774 101.861 61.805
201612 49.106 101.863 63.527
201703 49.972 102.862 64.019
201706 50.815 103.349 64.792
201709 50.882 104.136 64.388
201712 52.534 104.011 66.558
201803 55.915 105.290 69.981
201806 57.114 106.317 70.791
201809 57.534 106.507 71.184
201812 59.609 105.998 74.106
201903 61.854 107.251 75.999
201906 62.858 108.070 76.647
201909 62.670 108.329 76.234
201912 63.241 108.420 76.865
202003 66.966 108.902 81.032
202006 64.727 108.767 78.420
202009 67.687 109.815 81.223
202012 68.124 109.897 81.687
202103 73.350 111.754 86.491
202106 74.604 114.631 85.762
202109 75.746 115.734 86.245
202112 77.137 117.630 86.414
202203 84.014 121.301 91.269
202206 84.560 125.017 89.132
202209 85.331 125.227 89.794
202212 87.420 125.222 91.996
202303 97.488 127.348 100.878
202306 98.833 128.729 101.173
202309 98.676 129.860 100.132
202312 101.317 129.419 103.162
202403 108.239 131.776 108.239

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  (LIM: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 (LIM: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 (LIM:UNH) Headlines

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