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Medical Facilities (TSX:DR) Cyclically Adjusted PS Ratio : 0.77 (As of Jun. 08, 2024)


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What is Medical Facilities Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Medical Facilities's current share price is C$13.29. Medical Facilities's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was C$17.19. Medical Facilities's Cyclically Adjusted PS Ratio for today is 0.77.

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

TSX:DR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.72   Max: 2.51
Current: 0.71

During the past years, Medical Facilities's highest Cyclically Adjusted PS Ratio was 2.51. The lowest was 0.25. And the median was 0.72.

TSX:DR's Cyclically Adjusted PS Ratio is ranked better than
64.53% of 344 companies
in the Healthcare Providers & Services industry
Industry Median: 1.19 vs TSX:DR: 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.

Medical Facilities's adjusted revenue per share data for the three months ended in Mar. 2024 was C$5.962. 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 C$17.19 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Medical Facilities Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Medical Facilities'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.

Medical Facilities Cyclically Adjusted PS Ratio Chart

Medical Facilities 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 0.41 0.57 0.69 0.53 0.54

Medical Facilities 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 0.51 0.51 0.57 0.54 0.60

Competitive Comparison of Medical Facilities's Cyclically Adjusted PS Ratio

For the Medical Care Facilities subindustry, Medical Facilities'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.


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

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

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



Medical Facilities 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.29/17.19
=0.77

* 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.

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

For example, Medical Facilities'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)
=5.962/126.2576*126.2576
=5.962

Current CPI (Mar. 2024) = 126.2576.

Medical Facilities Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.938 99.473 2.460
201409 2.063 99.394 2.621
201412 2.418 98.367 3.104
201503 2.317 99.789 2.932
201506 2.310 100.500 2.902
201509 2.461 100.421 3.094
201512 3.136 99.947 3.962
201603 3.234 101.054 4.041
201606 3.187 102.002 3.945
201609 3.327 101.765 4.128
201612 3.776 101.449 4.699
201703 3.838 102.634 4.721
201706 3.273 103.029 4.011
201709 3.527 103.345 4.309
201712 2.607 103.345 3.185
201803 3.229 105.004 3.883
201806 3.567 105.557 4.267
201809 4.381 105.636 5.236
201812 3.336 105.399 3.996
201903 4.021 106.979 4.746
201906 3.380 107.690 3.963
201909 3.252 107.611 3.815
201912 4.061 107.769 4.758
202003 3.490 107.927 4.083
202006 2.948 108.401 3.434
202009 4.097 108.164 4.782
202012 4.411 108.559 5.130
202103 3.798 110.298 4.348
202106 3.206 111.720 3.623
202109 3.926 112.905 4.390
202112 4.542 113.774 5.040
202203 4.180 117.646 4.486
202206 3.596 120.806 3.758
202209 4.611 120.648 4.825
202212 5.964 120.964 6.225
202303 4.684 122.702 4.820
202306 5.739 124.203 5.834
202309 5.645 125.230 5.691
202312 6.584 125.072 6.646
202403 5.962 126.258 5.962

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.


Medical Facilities  (TSX:DR) 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.


Medical Facilities Cyclically Adjusted PS Ratio Related Terms

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


Medical Facilities (TSX:DR) Business Description

Traded in Other Exchanges
Address
4576 Yonge Street, Suite 701, Toronto, ON, CAN, M2N 6N4
Medical Facilities Corp owns a diverse portfolio of surgical facilities in the United States. Through its wholly-owned subsidiaries, the company owns controlling interests in four specialty hospitals and six ambulatory surgery centers. The hospitals offer a range of non-emergency surgical, imaging, diagnostic and pain management procedures, and other ancillary services. Its key revenue source is from the facility service income. The corporation's operations are based in the United States.
Executives
Lew Wayne Papendick Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)

Medical Facilities (TSX:DR) Headlines

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