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HCA Healthcare (BSP:H1CA34) Cyclically Adjusted Revenue per Share : R$42.44 (As of Mar. 2024)


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What is HCA Healthcare Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

HCA Healthcare's adjusted revenue per share for the three months ended in Mar. 2024 was R$16.108. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is R$42.44 for the trailing ten years ended in Mar. 2024.

During the past 12 months, HCA Healthcare's average Cyclically Adjusted Revenue Growth Rate was 13.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 14.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 12.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 8.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of HCA Healthcare was 14.90% per year. The lowest was 3.10% per year. And the median was 6.60% per year.

As of today (2024-05-21), HCA Healthcare's current stock price is R$82.48. HCA Healthcare's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$42.44. HCA Healthcare's Cyclically Adjusted PS Ratio of today is 1.94.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of HCA Healthcare was 2.16. The lowest was 0.48. And the median was 1.17.


HCA Healthcare Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for HCA Healthcare's Cyclically Adjusted Revenue per Share 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.

HCA Healthcare Cyclically Adjusted Revenue per Share Chart

HCA Healthcare Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 29.07 36.35 38.82 40.38

HCA Healthcare Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Revenue per Share 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 38.77 38.26 41.38 40.38 42.44

Competitive Comparison of HCA Healthcare's Cyclically Adjusted Revenue per Share

For the Medical Care Facilities subindustry, HCA Healthcare'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.


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

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

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



HCA Healthcare Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, HCA Healthcare'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)
=16.108/131.7762*131.7762
=16.108

Current CPI (Mar. 2024) = 131.7762.

HCA Healthcare Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.278 100.560 2.985
201409 2.410 100.428 3.162
201412 2.868 99.070 3.815
201503 3.491 99.621 4.618
201506 3.586 100.684 4.693
201509 4.511 100.392 5.921
201512 4.783 99.792 6.316
201603 4.621 100.470 6.061
201606 4.431 101.688 5.742
201609 4.288 101.861 5.547
201612 4.639 101.863 6.001
201703 4.372 102.862 5.601
201706 4.712 103.349 6.008
201709 4.530 104.136 5.732
201712 5.235 104.011 6.632
201803 5.206 105.290 6.516
201806 6.123 106.317 7.589
201809 6.652 106.507 8.230
201812 6.754 105.998 8.397
201903 6.862 107.251 8.431
201906 6.974 108.070 8.504
201909 7.524 108.329 9.152
201912 8.003 108.420 9.727
202003 9.131 108.902 11.049
202006 8.405 108.767 10.183
202009 10.467 109.815 12.560
202012 10.645 109.897 12.764
202103 11.471 111.754 13.526
202106 10.912 114.631 12.544
202109 12.444 115.734 14.169
202112 13.510 117.630 15.135
202203 12.098 121.301 13.143
202206 12.634 125.017 13.317
202209 13.542 125.227 14.250
202212 14.233 125.222 14.978
202303 14.452 127.348 14.955
202306 13.836 128.729 14.164
202309 14.536 129.860 14.751
202312 15.635 129.419 15.920
202403 16.108 131.776 16.108

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


HCA Healthcare  (BSP:H1CA34) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

HCA Healthcare's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=82.48/42.44
=1.94

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of HCA Healthcare was 2.16. The lowest was 0.48. And the median was 1.17.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


HCA Healthcare Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of HCA Healthcare's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


HCA Healthcare (BSP:H1CA34) Business Description

Traded in Other Exchanges
Address
One Park Plaza, Nashville, TN, USA, 37203
HCA Healthcare is a Nashville-based healthcare provider organization operating the largest collection of acute-care hospitals in the United States. As of December 2022, the firm owned and operated 182 hospitals, 126 freestanding outpatient surgery centers, and a broad network of physician offices, urgent-care clinics, and freestanding emergency rooms across 20 states and a small foothold in England.

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