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Pediatrix Medical Group (Pediatrix Medical Group) Cyclically Adjusted PS Ratio : 0.29 (As of Apr. 27, 2024)


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What is Pediatrix Medical Group Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Pediatrix Medical Group's current share price is $9.04. Pediatrix Medical Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $31.07. Pediatrix Medical Group's Cyclically Adjusted PS Ratio for today is 0.29.

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

MD' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.28   Med: 1.6   Max: 5.23
Current: 0.29

During the past years, Pediatrix Medical Group's highest Cyclically Adjusted PS Ratio was 5.23. The lowest was 0.28. And the median was 1.60.

MD's Cyclically Adjusted PS Ratio is ranked better than
83.08% of 331 companies
in the Healthcare Providers & Services industry
Industry Median: 1.18 vs MD: 0.29

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.

Pediatrix Medical Group's adjusted revenue per share data for the three months ended in Dec. 2023 was $6.023. 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 $31.07 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pediatrix Medical Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Pediatrix Medical 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.

Pediatrix Medical Group Cyclically Adjusted PS Ratio Chart

Pediatrix Medical 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 1.08 0.93 0.95 0.49 0.30

Pediatrix Medical Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.49 0.48 0.46 0.41 0.30

Competitive Comparison of Pediatrix Medical Group's Cyclically Adjusted PS Ratio

For the Medical Care Facilities subindustry, Pediatrix Medical 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.


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

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

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



Pediatrix Medical 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.

Pediatrix Medical Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.04/31.07
=0.29

* 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.

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

For example, Pediatrix Medical 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)
=6.023/129.4194*129.4194
=6.023

Current CPI (Dec. 2023) = 129.4194.

Pediatrix Medical Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 5.624 99.695 7.301
201406 5.963 100.560 7.674
201409 6.256 100.428 8.062
201412 6.568 99.070 8.580
201503 6.708 99.621 8.714
201506 7.237 100.684 9.302
201509 7.713 100.392 9.943
201512 7.936 99.792 10.292
201603 8.085 100.470 10.415
201606 8.303 101.688 10.567
201609 8.889 101.861 11.294
201612 8.904 101.863 11.313
201703 8.971 102.862 11.287
201706 9.082 103.349 11.373
201709 9.356 104.136 11.628
201712 7.607 104.011 9.465
201803 9.119 105.290 11.209
201806 9.248 106.317 11.258
201809 9.290 106.507 11.289
201812 -9.567 105.998 -11.681
201903 9.835 107.251 11.868
201906 6.706 108.070 8.031
201909 5.489 108.329 6.558
201912 5.516 108.420 6.584
202003 5.329 108.902 6.333
202006 4.961 108.767 5.903
202009 5.493 109.815 6.474
202012 4.972 109.897 5.855
202103 5.226 111.754 6.052
202106 5.504 114.631 6.214
202109 5.726 115.734 6.403
202112 5.795 117.630 6.376
202203 5.646 121.301 6.024
202206 5.677 125.017 5.877
202209 5.919 125.227 6.117
202212 6.265 125.222 6.475
202303 5.965 127.348 6.062
202306 6.056 128.729 6.088
202309 6.107 129.860 6.086
202312 6.023 129.419 6.023

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.


Pediatrix Medical Group  (NYSE:MD) 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.


Pediatrix Medical Group Cyclically Adjusted PS Ratio Related Terms

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


Pediatrix Medical Group (Pediatrix Medical Group) Business Description

Traded in Other Exchanges
Address
1301 Concord Terrace, Sunrise, FL, USA, 33323
Pediatrix Medical Group Inc provides physician services to hospitals, intensive care units, and other medical units. The services provided by the company include maternal care for expectant mothers, intensive care for premature babies, cardiology care for infants suffering from heart defects, and anesthesia care during surgeries, among others. The company operates only under one segment, which is physician services. The company generates roughly half of its revenue from the women's and children's services provided, and also roughly half of the company's total revenue is earned in the United States.
Executives
James D Swift officer: EVP, Chief Operating Officer 1301 CONCORD TERRACE, SUNRISE FL 33323
Moore Mary Ann E officer: EVP Chief ERM/Legal Ops Off 1301 CONCORD TERRACE, SUNRISE FL 33323
Mark S Ordan director, officer: Chief Executive Officer 7315 WISCONSIN AVENUE, SUITE #250 WEST, BETHESDA MD 20814
Shirley A Weis director 11621 RESEARCH CIRCLE, GAINESVILLE FL 32615
Sylvia Jean Young director C/O LINCOLN EDUCATIONAL SERVICES CORPORA, 14 SYLVAN WAY, STE. A, PARSIPPANY NJ 07054
Lee Wood officer: EVP, Natl & Market Operations 1301 CONCORD TERRACE, SUNRISE FL 33323
Curtis Pickert officer: EVP, Chief Operating Officer 1301 CONCORD TERRACE, SUNRISE FL 33323
Laura A Linynsky director 1301 CONCORD TERRACE, SUNRISE FL 33323
Roger Md Medel director, officer: PRES. & CHIEF EXEC. OFFICER 1301 CONCORD TERRACE, SUNRISE FL 33323
John C Pepia officer: Principal Accounting Officer 1301 CONCORD TERRACE, SUNRISE FL 33323
Roger Mack Hinson officer: Pres., PDX & OBX Medical Group C/O MEDNAX, INC., 1301 CONCORD TERRACE, SUNRISE FL 33323
C Marc Richards officer: EVP, Chief Financial Officer 7315 WISCONSIN AVENUE, SUITE 250-W, BETHESDA MD 20814
Dominic J Andreano officer: Sr.VP,General Counsel & Secy. 1301 CONCORD TERRACE, SUNRISE FL 33323
Nicholas Nikolopoulos officer: EVP Chf Strategy & Growth Offi MEDNAX INC, 1301, SUNRISE FL 33323
Guy P Sansone director C/O MEDNAX, 1301 CONCORD TERRACE, SUNRISE FL 33323