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Molina Healthcare (STU:MHG) Cyclically Adjusted PS Ratio : 0.70 (As of Jun. 09, 2024)


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What is Molina Healthcare Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Molina Healthcare's current share price is €283.90. Molina Healthcare's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €405.85. Molina Healthcare's Cyclically Adjusted PS Ratio for today is 0.70.

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

STU:MHG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.61   Max: 1.12
Current: 0.71

During the past years, Molina Healthcare's highest Cyclically Adjusted PS Ratio was 1.12. The lowest was 0.28. And the median was 0.61.

STU:MHG's Cyclically Adjusted PS Ratio is ranked better than
64.29% of 14 companies
in the Healthcare Plans industry
Industry Median: 0.99 vs STU:MHG: 0.71

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.

Molina Healthcare's adjusted revenue per share data for the three months ended in Mar. 2024 was €156.716. 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 €405.85 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Molina Healthcare Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Molina Healthcare'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.

Molina Healthcare Cyclically Adjusted PS Ratio Chart

Molina Healthcare 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 0.60 0.84 1.04 0.90 0.86

Molina Healthcare 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 0.70 0.76 0.80 0.86 0.94

Competitive Comparison of Molina Healthcare's Cyclically Adjusted PS Ratio

For the Healthcare Plans subindustry, Molina Healthcare'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.


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

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

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



Molina Healthcare 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=283.90/405.85
=0.70

* 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.

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

For example, Molina Healthcare'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)
=156.716/131.7762*131.7762
=156.716

Current CPI (Mar. 2024) = 131.7762.

Molina Healthcare Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 35.449 100.560 46.453
201409 39.632 100.428 52.003
201412 46.656 99.070 62.059
201503 58.600 99.621 77.515
201506 58.163 100.684 76.124
201509 53.623 100.392 70.387
201512 60.230 99.792 79.534
201603 68.421 100.470 89.740
201606 70.537 101.688 91.408
201609 72.330 101.861 93.572
201612 76.754 101.863 99.294
201703 81.879 102.862 104.895
201706 79.448 103.349 101.301
201709 74.708 104.136 94.538
201712 75.486 104.011 95.637
201803 57.790 105.290 72.328
201806 62.666 106.317 77.672
201809 59.283 106.507 73.348
201812 60.112 105.998 74.731
201903 55.065 107.251 67.657
201906 57.981 108.070 70.700
201909 60.576 108.329 73.687
201912 61.057 108.420 74.210
202003 67.489 108.902 81.665
202006 69.037 108.767 83.641
202009 71.524 109.815 85.828
202012 79.836 109.897 95.731
202103 93.489 111.754 110.238
202106 96.644 114.631 111.099
202109 103.529 115.734 117.879
202112 108.559 117.630 121.615
202203 120.190 121.301 130.569
202206 130.464 125.017 137.518
202209 137.329 125.227 144.512
202212 132.693 125.222 139.638
202303 131.227 127.348 135.790
202306 132.743 128.729 135.886
202309 137.857 129.860 139.892
202312 142.806 129.419 145.407
202403 156.716 131.776 156.716

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.


Molina Healthcare  (STU:MHG) 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.


Molina Healthcare Cyclically Adjusted PS Ratio Related Terms

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


Molina Healthcare (STU:MHG) Business Description

Traded in Other Exchanges
Address
200 Oceangate, Suite 100, Long Beach, CA, USA, 90802
Molina Healthcare Inc offers healthcare plans focused on Medicaid-related solutions for low-income families and individuals. Its health plans are operated by a network of subsidiaries, each of which is licensed as a health maintenance organization (HMO). In addition to its Health Plans segment, Molina has a Medicaid,Medicare, and Marketplace segment that represent the government-funded or sponsored programs under their management information systems. Molina's Medicaid plans receive revenue on a per-member per-month basis from state government agencies, and its Medicare Advantage plans receive revenue from managed care plans that contract with the Centers for Medicaid and Medicare (CMS). Molina also provides plans through health insurance exchanges.

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