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McKesson (FRA:MCK) Cyclically Adjusted Revenue per Share : €1,433.96 (As of Mar. 2024)


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What is McKesson 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.

McKesson's adjusted revenue per share for the three months ended in Mar. 2024 was €533.383. 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 €1,433.96 for the trailing ten years ended in Mar. 2024.

During the past 12 months, McKesson's average Cyclically Adjusted Revenue Growth Rate was 15.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 17.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 16.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 13.60% 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 McKesson was 17.30% per year. The lowest was 3.40% per year. And the median was 10.70% per year.

As of today (2024-05-18), McKesson's current stock price is €516.40. McKesson's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €1,433.96. McKesson's Cyclically Adjusted PS Ratio of today is 0.36.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of McKesson was 0.51. The lowest was 0.15. And the median was 0.27.


McKesson Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for McKesson'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.

McKesson Cyclically Adjusted Revenue per Share Chart

McKesson Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 764.40 821.27 1,041.04 1,246.78 1,433.96

McKesson 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 1,246.78 1,279.65 1,386.50 1,319.10 1,433.96

Competitive Comparison of McKesson's Cyclically Adjusted Revenue per Share

For the Medical Distribution subindustry, McKesson'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.


McKesson's Cyclically Adjusted PS Ratio Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, McKesson's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



McKesson 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, McKesson'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)
=533.383/131.7762*131.7762
=533.383

Current CPI (Mar. 2024) = 131.7762.

McKesson Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 136.163 100.560 178.432
201409 145.822 100.428 191.340
201412 159.740 99.070 212.476
201503 176.641 99.621 233.656
201506 180.270 100.684 235.939
201509 184.877 100.392 242.674
201512 189.531 99.792 250.276
201603 182.247 100.470 239.034
201606 194.133 101.688 251.574
201609 195.227 101.861 252.563
201612 214.069 101.863 276.934
201703 212.835 102.862 272.662
201706 213.312 103.349 271.985
201709 207.996 104.136 263.204
201712 217.819 104.011 275.964
201803 203.254 105.290 254.385
201806 222.929 106.317 276.313
201809 228.569 106.507 282.799
201812 253.368 105.998 314.986
201903 241.413 107.251 296.619
201906 260.949 108.070 318.192
201909 285.876 108.329 347.751
201912 296.354 108.420 360.195
202003 299.120 108.902 361.950
202006 302.959 108.767 367.048
202009 316.336 109.815 379.598
202012 322.611 109.897 386.840
202103 312.842 111.754 368.890
202106 329.029 114.631 378.240
202109 363.220 115.734 413.566
202112 400.550 117.630 448.722
202203 402.823 121.301 437.610
202206 435.419 125.017 458.961
202209 491.732 125.227 517.451
202212 471.933 125.222 496.635
202303 467.407 127.348 483.661
202306 503.278 128.729 515.193
202309 536.724 129.860 544.646
202312 556.515 129.419 566.649
202403 533.383 131.776 533.383

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


McKesson  (FRA:MCK) 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.

McKesson's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=516.40/1433.96
=0.36

* 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 McKesson was 0.51. The lowest was 0.15. And the median was 0.27.


Be Aware

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


McKesson Cyclically Adjusted Revenue per Share Related Terms

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


McKesson (FRA:MCK) Business Description

Industry
Traded in Other Exchanges
Address
6555 State Highway 161, Irving, TX, USA, 75039
McKesson Corp is one of three leading pharmaceutical wholesalers in the U.S. engaged in sourcing and distributing branded, generic, and specialty pharmaceutical products to pharmacies (retail chains, independent, and mail order), hospitals networks, and healthcare providers. Along with Cencora and Cardinal Health, the three account for over 90% of the U.S. pharmaceutical wholesale industry. Outside the U.S. market, McKesson engages in pharmaceutical wholesale and distribution in Canada. Additionally, the company supplies medical-surgical products and equipment to healthcare facilities and provides a variety of technology solutions for pharmacies.