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UnitedHealth Group (NEOE:UNH) Cyclically Adjusted Revenue per Share : C$14.38 (As of Mar. 2024)


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What is UnitedHealth Group Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

UnitedHealth Group's adjusted revenue per share for the three months ended in Mar. 2024 was C$146.512. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is C$14.38 for the trailing ten years ended in Mar. 2024.

During the past 12 months, UnitedHealth Group's average Cyclically Adjusted Revenue Growth Rate was 12.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 15.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 14.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 14.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of UnitedHealth Group was 36.20% per year. The lowest was 12.90% per year. And the median was 17.80% per year.

As of today (2024-06-01), UnitedHealth Group's current stock price is C$23.88. UnitedHealth Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was C$14.38. UnitedHealth Group's Cyclically Adjusted PS Ratio of today is 1.66.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of UnitedHealth Group was 2.36. The lowest was 0.91. And the median was 1.66.


UnitedHealth Group Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for UnitedHealth Group's Cyclically Adjusted Revenue per Share 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.

UnitedHealth Group Cyclically Adjusted Revenue per Share Chart

UnitedHealth Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 12.41 13.88

UnitedHealth 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 Revenue per Share 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 12.91 13.28 13.65 13.88 14.38

Competitive Comparison of UnitedHealth Group's Cyclically Adjusted Revenue per Share

For the Healthcare Plans subindustry, UnitedHealth 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.


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

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

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



UnitedHealth Group Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, UnitedHealth Group'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)
=146.512/131.7762*131.7762
=146.512

Current CPI (Mar. 2024) = 131.7762.

UnitedHealth Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 35.598 100.560 46.649
201409 36.732 100.428 48.198
201412 39.584 99.070 52.652
201503 46.560 99.621 61.588
201506 46.417 100.684 60.751
201509 56.918 100.392 74.712
201512 61.828 99.792 81.644
201603 60.901 100.470 79.877
201606 61.983 101.688 80.323
201609 62.622 101.861 81.013
201612 65.503 101.863 84.739
201703 66.898 102.862 85.703
201706 67.559 103.349 86.142
201709 62.478 104.136 79.061
201712 67.080 104.011 84.987
201803 72.315 105.290 90.507
201806 74.962 106.317 92.913
201809 74.990 106.507 92.782
201812 80.091 105.998 99.569
201903 82.705 107.251 101.618
201906 83.532 108.070 101.856
201909 82.981 108.329 100.941
201912 83.282 108.420 101.223
202003 93.484 108.902 113.120
202006 87.718 108.767 106.274
202009 89.550 109.815 107.459
202012 87.260 109.897 104.633
202103 92.194 111.754 108.711
202106 91.166 114.631 104.801
202109 95.977 115.734 109.280
202112 98.735 117.630 110.609
202203 106.361 121.301 115.546
202206 108.271 125.017 114.125
202209 113.823 125.227 119.776
202212 118.760 125.222 124.976
202303 133.393 127.348 138.032
202306 131.309 128.729 134.418
202309 133.519 129.860 135.490
202312 135.926 129.419 138.401
202403 146.512 131.776 146.512

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


UnitedHealth Group  (NEOE:UNH) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

UnitedHealth Group's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=23.88/14.38
=1.66

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of UnitedHealth Group was 2.36. The lowest was 0.91. And the median was 1.66.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


UnitedHealth Group Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of UnitedHealth Group's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


UnitedHealth Group (NEOE:UNH) Business Description

Industry
Address
9900 Bren Road East, UnitedHealth Group Center, Minnetonka, MN, USA, 55343
UnitedHealth Group is one of the largest private health insurers, providing medical benefits to about 53 million members globally, including 5 million outside the U.S. as of mid-2023. As a leader in employer-sponsored, self-directed, and government-backed insurance plans, UnitedHealth has obtained massive scale in managed care. Along with its insurance assets, UnitedHealth's continued investments in its Optum franchises have created a healthcare services colossus that spans everything from medical and pharmaceutical benefits to providing outpatient care and analytics to both affiliated and third-party customers.

UnitedHealth Group (NEOE:UNH) Headlines