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Centene (STU:QEN) Cyclically Adjusted Revenue per Share : €188.10 (As of Mar. 2024)


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What is Centene 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.

Centene's adjusted revenue per share for the three months ended in Mar. 2024 was €69.090. 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 €188.10 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Centene's average Cyclically Adjusted Revenue Growth Rate was 16.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 20.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 20.90% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 23.90% 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 Centene was 29.00% per year. The lowest was 20.50% per year. And the median was 24.30% per year.

As of today (2024-05-24), Centene's current stock price is €71.52. Centene's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €188.10. Centene's Cyclically Adjusted PS Ratio of today is 0.38.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Centene was 1.28. The lowest was 0.34. And the median was 0.67.


Centene Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Centene'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.

Centene Cyclically Adjusted Revenue per Share Chart

Centene 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 83.84 89.08 123.64 155.00 174.28

Centene 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 160.81 166.64 179.49 174.28 188.10

Competitive Comparison of Centene's Cyclically Adjusted Revenue per Share

For the Healthcare Plans subindustry, Centene'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.


Centene's Cyclically Adjusted PS Ratio Distribution in the Healthcare Plans Industry

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

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



Centene 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, Centene'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)
=69.09/131.7762*131.7762
=69.090

Current CPI (Mar. 2024) = 131.7762.

Centene Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 12.399 100.560 16.248
201409 13.913 100.428 18.256
201412 15.725 99.070 20.916
201503 19.340 99.621 25.582
201506 19.948 100.684 26.108
201509 21.061 100.392 27.645
201512 23.412 99.792 30.916
201603 24.867 100.470 32.615
201606 27.733 101.688 35.939
201609 27.533 101.861 35.619
201612 32.128 101.863 41.563
201703 31.171 102.862 39.933
201706 30.153 103.349 38.447
201709 28.212 104.136 35.700
201712 30.471 104.011 38.605
201803 30.110 105.290 37.684
201806 30.431 106.317 37.718
201809 33.094 106.507 40.946
201812 34.637 105.998 43.061
201903 38.887 107.251 47.780
201906 38.709 108.070 47.200
201909 41.029 108.329 49.909
201912 40.178 108.420 48.833
202003 42.663 108.902 51.624
202006 41.887 108.767 50.748
202009 42.004 109.815 50.404
202012 39.455 109.897 47.310
202103 42.735 111.754 50.391
202106 44.184 114.631 50.792
202109 46.631 115.734 53.095
202112 48.720 117.630 54.579
202203 57.163 121.301 62.099
202206 58.247 125.017 61.396
202209 62.389 125.227 65.652
202212 59.215 125.222 62.314
202303 65.582 127.348 67.863
202306 63.078 128.729 64.571
202309 65.855 129.860 66.827
202312 67.311 129.419 68.537
202403 69.090 131.776 69.090

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


Centene  (STU:QEN) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=71.52/188.1
=0.38

* 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 Centene was 1.28. The lowest was 0.34. And the median was 0.67.


Be Aware

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


Centene Cyclically Adjusted Revenue per Share Related Terms

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


Centene (STU:QEN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » Centene Corp (STU:QEN) » Definitions » Cyclically Adjusted Revenue per Share
Address
7700 Forsyth Boulevard, Centene Plaza, St. Louis, MO, USA, 63105
Centene is a managed-care organization focused on government-sponsored healthcare plans, including Medicaid, Medicare, and the individual exchanges. Centene served 24 million medical members as of June 2023, mostly in Medicaid (67% of membership), the individual exchanges (14%), and Medicare Advantage (6%) plans. The company also serves traditional Medicare users with its Medicare Part D pharmaceutical program.

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