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Henry Schein (BSP:H1SI34) Cyclically Adjusted PS Ratio : 0.84 (As of May. 23, 2024)


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What is Henry Schein Cyclically Adjusted PS Ratio?

As of today (2024-05-23), Henry Schein's current share price is R$180.72. Henry Schein's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$214.52. Henry Schein's Cyclically Adjusted PS Ratio for today is 0.84.

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

BSP:H1SI34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.73   Med: 1.1   Max: 1.45
Current: 0.83

During the past years, Henry Schein's highest Cyclically Adjusted PS Ratio was 1.45. The lowest was 0.73. And the median was 1.10.

BSP:H1SI34's Cyclically Adjusted PS Ratio is ranked worse than
71.21% of 66 companies
in the Medical Distribution industry
Industry Median: 0.385 vs BSP:H1SI34: 0.83

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.

Henry Schein's adjusted revenue per share data for the three months ended in Mar. 2024 was R$60.861. 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 R$214.52 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Henry Schein Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Henry Schein'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.

Henry Schein Cyclically Adjusted PS Ratio Chart

Henry Schein 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 1.09 1.04 1.07 1.00 0.89

Henry Schein 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 1.00 0.97 0.88 0.89 0.87

Competitive Comparison of Henry Schein's Cyclically Adjusted PS Ratio

For the Medical Distribution subindustry, Henry Schein'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.


Henry Schein's Cyclically Adjusted PS Ratio Distribution in the Medical Distribution Industry

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

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



Henry Schein 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.

Henry Schein's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=180.72/214.52
=0.84

* 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.

Henry Schein's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Henry Schein'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)
=60.861/131.7762*131.7762
=60.861

Current CPI (Mar. 2024) = 131.7762.

Henry Schein Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 17.004 100.560 22.283
201409 17.946 100.428 23.548
201412 20.945 99.070 27.860
201503 22.839 99.621 30.211
201506 24.278 100.684 31.775
201509 31.169 100.392 40.913
201512 33.100 99.792 43.709
201603 30.314 100.470 39.760
201606 29.839 101.688 38.668
201609 28.468 101.861 36.829
201612 32.511 101.863 42.058
201703 28.611 102.862 36.653
201706 31.690 103.349 40.407
201709 31.282 104.136 39.585
201712 -2.742 104.011 -3.474
201803 24.183 105.290 30.266
201806 28.322 106.317 35.104
201809 31.502 106.507 38.976
201812 31.403 105.998 39.040
201903 29.986 107.251 36.843
201906 31.582 108.070 38.510
201909 34.780 108.329 42.308
201912 37.193 108.420 45.205
202003 41.469 108.902 50.180
202006 30.697 108.767 37.191
202009 53.591 109.815 64.308
202012 56.672 109.897 67.955
202103 57.472 111.754 67.769
202106 52.661 114.631 60.537
202109 59.458 115.734 67.699
202112 67.007 117.630 75.066
202203 56.809 121.301 61.715
202206 55.068 125.017 58.045
202209 58.658 125.227 61.726
202212 65.220 125.222 68.634
202303 59.900 127.348 61.983
202306 57.049 128.729 58.400
202309 59.403 129.860 60.280
202312 56.619 129.419 57.650
202403 60.861 131.776 60.861

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.


Henry Schein  (BSP:H1SI34) 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.


Henry Schein Cyclically Adjusted PS Ratio Related Terms

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


Henry Schein (BSP:H1SI34) Business Description

Traded in Other Exchanges
Address
135 Duryea Road, Melville, NY, USA, 11747
Henry Schein Inc is a solutions company for healthcare professionals powered by a network of people and technology. The company is a provider of healthcare products and services primarily to office-based dental and medical practitioners, as well as alternate sites of care. The company operates in two reportable segments; health care distribution and technology & value-added services. The healthcare distribution segment is engaged in combining global dental and medical businesses and distributes consumable products, small equipment, laboratory products, and Vitamins. The technology and value-added services reportable segment provides software, technology & other value-added services to health care practitioners. The majority of revenue is derived from the health care distribution segment.

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