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Elevance Health (WBO:ELV) Cyclically Adjusted Revenue per Share : €487.55 (As of Mar. 2024)


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What is Elevance Health 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.

Elevance Health's adjusted revenue per share for the three months ended in Mar. 2024 was €167.254. 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 €487.55 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Elevance Health's average Cyclically Adjusted Revenue Growth Rate was 12.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 16.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 14.90% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 13.50% 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 Elevance Health was 16.00% per year. The lowest was 11.80% per year. And the median was 13.20% per year.

As of today (2024-05-18), Elevance Health's current stock price is €500.60. Elevance Health's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €487.55. Elevance Health's Cyclically Adjusted PS Ratio of today is 1.03.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Elevance Health was 1.29. The lowest was 0.59. And the median was 0.94.


Elevance Health Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Elevance Health'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.

Elevance Health Cyclically Adjusted Revenue per Share Chart

Elevance Health 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 261.35 257.29 341.25 419.44 454.24

Elevance Health 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 428.63 442.57 479.00 454.24 487.55

Competitive Comparison of Elevance Health's Cyclically Adjusted Revenue per Share

For the Healthcare Plans subindustry, Elevance Health'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.


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

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

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



Elevance Health 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, Elevance Health'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)
=167.254/131.7762*131.7762
=167.254

Current CPI (Mar. 2024) = 131.7762.

Elevance Health Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 47.540 100.560 62.298
201409 50.687 100.428 66.509
201412 54.771 99.070 72.853
201503 62.780 99.621 83.044
201506 65.016 100.684 85.094
201509 65.870 100.392 86.462
201512 69.203 99.792 91.383
201603 68.109 100.470 89.331
201606 71.201 101.688 92.268
201609 71.133 101.861 92.024
201612 76.611 101.863 99.109
201703 77.891 102.862 99.786
201706 73.643 103.349 93.899
201709 70.470 104.136 89.175
201712 72.872 104.011 92.325
201803 69.549 105.290 87.045
201806 74.254 106.317 92.035
201809 75.080 106.507 92.893
201812 89.637 105.998 111.436
201903 83.223 107.251 102.254
201906 86.350 108.070 105.292
201909 93.154 108.329 113.316
201912 95.643 108.420 116.247
202003 104.552 108.902 126.513
202006 101.748 108.767 123.272
202009 104.064 109.815 124.875
202012 104.096 109.897 124.821
202103 109.603 111.754 129.239
202106 113.566 114.631 130.551
202109 123.775 115.734 140.931
202112 131.817 117.630 147.670
202203 141.531 121.301 153.753
202206 150.147 125.017 158.265
202209 166.550 125.227 175.261
202212 156.208 125.222 164.384
202303 164.325 127.348 170.039
202306 169.509 128.729 173.522
202309 169.765 129.860 172.271
202312 165.990 129.419 169.013
202403 167.254 131.776 167.254

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


Elevance Health  (WBO:ELV) 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.

Elevance Health's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=500.60/487.55
=1.03

* 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 Elevance Health was 1.29. The lowest was 0.59. And the median was 0.94.


Be Aware

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


Elevance Health Cyclically Adjusted Revenue per Share Related Terms

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


Elevance Health (WBO:ELV) Business Description

Industry
Traded in Other Exchanges
Address
220 Virginia Avenue, Indianapolis, IN, USA, 46204
Elevance Health remains one of the leading health insurers in the U.S., providing medical benefits to 48 million medical members as of June 2023. The company offers employer, individual, and government-sponsored coverage plans. Elevance differs from its peers in its unique position as the largest single provider of Blue Cross Blue Shield branded coverage, operating as the licensee for the Blue Cross Blue Shield Association in 14 states. Through acquisitions, such as the Amerigroup deal in 2012 and MMM in 2021, Elevance's reach expands beyond those states through government-sponsored programs such as Medicaid and Medicare Advantage plans, too.

Elevance Health (WBO:ELV) Headlines

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