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Healthcare Services Group (Healthcare Services Group) Cyclically Adjusted PS Ratio : 0.40 (As of Apr. 27, 2024)


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What is Healthcare Services Group Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Healthcare Services Group's current share price is $10.85. Healthcare Services Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $26.87. Healthcare Services Group's Cyclically Adjusted PS Ratio for today is 0.40.

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

HCSG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.35   Med: 2.12   Max: 3.4
Current: 0.4

During the past years, Healthcare Services Group's highest Cyclically Adjusted PS Ratio was 3.40. The lowest was 0.35. And the median was 2.12.

HCSG's Cyclically Adjusted PS Ratio is ranked better than
76.74% of 331 companies
in the Healthcare Providers & Services industry
Industry Median: 1.18 vs HCSG: 0.40

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.

Healthcare Services Group's adjusted revenue per share data for the three months ended in Dec. 2023 was $5.737. 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 $26.87 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Healthcare Services Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Healthcare Services 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.

Healthcare Services Group Cyclically Adjusted PS Ratio Chart

Healthcare Services 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 1.18 1.28 0.74 0.46 0.39

Healthcare Services 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 0.53 0.56 0.39 0.39 -

Competitive Comparison of Healthcare Services Group's Cyclically Adjusted PS Ratio

For the Medical Care Facilities subindustry, Healthcare Services 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.


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

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

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



Healthcare Services 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.

Healthcare Services Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.85/26.87
=0.40

* 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.

Healthcare Services Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Healthcare Services Group's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=5.737/129.4194*129.4194
=5.737

Current CPI (Dec. 2023) = 129.4194.

Healthcare Services Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 4.392 99.695 5.702
201406 4.484 100.560 5.771
201409 4.529 100.428 5.836
201412 4.763 99.070 6.222
201503 4.923 99.621 6.396
201506 4.916 100.684 6.319
201509 4.955 100.392 6.388
201512 5.021 99.792 6.512
201603 5.270 100.470 6.788
201606 5.272 101.688 6.710
201609 5.337 101.861 6.781
201612 5.416 101.863 6.881
201703 5.470 102.862 6.882
201706 6.340 103.349 7.939
201709 6.592 104.136 8.193
201712 6.625 104.011 8.243
201803 6.699 105.290 8.234
201806 6.734 106.317 8.197
201809 6.778 106.507 8.236
201812 6.630 105.998 8.095
201903 6.372 107.251 7.689
201906 6.193 108.070 7.416
201909 6.115 108.329 7.305
201912 5.998 108.420 7.160
202003 6.007 108.902 7.139
202006 6.046 108.767 7.194
202009 5.830 109.815 6.871
202012 5.655 109.897 6.660
202103 5.420 111.754 6.277
202106 5.294 114.631 5.977
202109 5.536 115.734 6.191
202112 5.656 117.630 6.223
202203 5.742 121.301 6.126
202206 5.714 125.017 5.915
202209 5.575 125.227 5.762
202212 5.702 125.222 5.893
202303 5.599 127.348 5.690
202306 5.618 128.729 5.648
202309 5.532 129.860 5.513
202312 5.737 129.419 5.737

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.


Healthcare Services Group  (NAS:HCSG) 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.


Healthcare Services Group Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Healthcare Services Group's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Healthcare Services Group (Healthcare Services Group) Business Description

Traded in Other Exchanges
N/A
Address
3220 Tillman Drive, Suite 300, Bensalem, PA, USA, 19020
Healthcare Services Group Inc is a provider of housekeeping and facility management services to the healthcare industry. The company operates two business segments, both contributing roughly equally to the company's revenue: Housekeeping, laundry, linen, and other services; and Dietary department services. Housekeeping includes management of clients' housekeeping departments, cleaning, disinfecting and sanitizing, laundry, bed linen, and uniform services. Dietary consists of food purchasing, meal preparation, and providing dietitian consulting services. Its clients are nursing homes, retirement complexes, rehabilitation centers, and hospitals in the United States of America.
Executives
Kurt Jr Simmons director 3220 TILLMAN DRIVE, BENSALEM PA 19020
Andrew M Brophy officer: Acting Accounting Officer 3220 TILLMAN DRIVE, SUITE 300, BENSALEM PA 19020
John Briggs director 3220 TILLMAN DRIVE SUITE 300, BENSALEM PA 19020
Patrick J Orr officer: EVP & Chief Revenue Officer 3220 TILLMAN DRIVE, SUITE 300, BENSALEM PA 19020
Andrew Kush officer: Executive Vice President 3220 TILLMAN DRIVE, SUITE 300, BENSALEM PA 19020
Dino D Ottaviano director 3220 TILLMAN DRIVE, SUITE 300, BENSALEM PA 19020
Michael E Mcbryan director, officer: Executive Vice President 3220 TILLMAN DRIVE, SUITE 300, BENSALEM PA 19020
Robert L Frome director 3220 TILLMAN DRIVE SUITE 300, BENSALEM PA 19020
Laura K Grant director 3220 TILLMAN, DRIVE, BENSALEM PA 19020
Robert J Moss director 3220 TILLMAN DRIVE SUITE 300, BENSALEM PA 19020
Daniela Castagnino director 3220 TILLMAN DRIVE, SUITE 300, BENSALEM PA 19020
Diane S Casey director 3220 TILLMAN DRIVE, SUITE 300, BENSALEM PA 19020
John Christopher Shea officer: Chief Financial Officer 3220 TILLMAN DRIVE, SUITE 300, BENSALEM PA 19020
David Hurlock officer: Executive Vice President & COO 3220 TILLMAN DRIVE, SUITE 300, BENSALEM PA 19020
Daniel P Mccartney director, officer: Chief Executive Officer 3220 TILLMAN DR, SUITE 300, BENSALEM PA 19020