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Cardinal Health (Cardinal Health) Cyclically Adjusted PS Ratio : 0.18 (As of Apr. 27, 2024)


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What is Cardinal Health Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Cardinal Health's current share price is $103.21. Cardinal Health's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $588.41. Cardinal Health's Cyclically Adjusted PS Ratio for today is 0.18.

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

CAH' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.17   Max: 0.33
Current: 0.18

During the past years, Cardinal Health's highest Cyclically Adjusted PS Ratio was 0.33. The lowest was 0.11. And the median was 0.17.

CAH's Cyclically Adjusted PS Ratio is ranked better than
71.21% of 66 companies
in the Medical Distribution industry
Industry Median: 0.38 vs CAH: 0.18

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.

Cardinal Health's adjusted revenue per share data for the three months ended in Dec. 2023 was $233.516. 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 $588.41 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cardinal Health Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Cardinal Health'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.

Cardinal Health Cyclically Adjusted PS Ratio Chart

Cardinal Health Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.13 0.13 0.10 0.17

Cardinal Health 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 0.15 0.14 0.17 0.15 0.17

Competitive Comparison of Cardinal Health's Cyclically Adjusted PS Ratio

For the Medical Distribution subindustry, Cardinal Health'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.


Cardinal Health's Cyclically Adjusted PS Ratio Distribution in the Medical Distribution Industry

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

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



Cardinal Health 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.

Cardinal Health's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=103.21/588.41
=0.18

* 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.

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

For example, Cardinal Health'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)
=233.516/129.4194*129.4194
=233.516

Current CPI (Dec. 2023) = 129.4194.

Cardinal Health Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 61.749 99.695 80.160
201406 66.942 100.560 86.154
201409 70.794 100.428 91.231
201412 76.458 99.070 99.881
201503 75.973 99.621 98.698
201506 82.976 100.684 106.658
201509 84.758 100.392 109.266
201512 94.714 99.792 122.833
201603 92.634 100.470 119.325
201606 95.976 101.688 122.150
201609 99.500 101.861 126.420
201612 103.918 101.863 132.031
201703 100.066 102.862 125.901
201706 103.019 103.349 129.006
201709 102.645 104.136 127.567
201712 111.348 104.011 138.549
201803 106.771 105.290 131.240
201806 113.298 106.317 137.918
201809 115.075 106.507 139.831
201812 125.800 105.998 153.597
201903 117.819 107.251 142.172
201906 125.346 108.070 150.109
201909 126.152 108.329 150.712
201912 135.153 108.420 161.330
202003 133.187 108.902 158.280
202006 125.218 108.767 148.994
202009 133.328 109.815 157.130
202012 140.817 109.897 165.832
202103 133.588 111.754 154.704
202106 144.850 114.631 163.536
202109 152.138 115.734 170.128
202112 161.769 117.630 177.983
202203 163.040 121.301 173.952
202206 172.538 125.017 178.614
202209 181.696 125.227 187.780
202212 197.199 125.222 203.809
202303 195.686 127.348 198.869
202306 208.801 128.729 209.921
202309 219.052 129.860 218.310
202312 233.516 129.419 233.516

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.


Cardinal Health  (NYSE:CAH) 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.


Cardinal Health Cyclically Adjusted PS Ratio Related Terms

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


Cardinal Health (Cardinal Health) Business Description

Address
7000 Cardinal Place, Dublin, OH, USA, 43017
Cardinal Health is one of three leading pharmaceutical wholesalers in the U.S., engaged in sourcing and distributing of branded, generic, and specialty pharmaceutical products to pharmacies (retail chains, independent, and mail order), hospitals networks, and healthcare providers. Along with Cencora and McKesson, the three comprise well over 90% of the U.S. pharmaceutical wholesale industry. Cardinal Health also supplies medical-surgical products and equipment to healthcare facilities in North America, Europe, and Asia.
Executives
Deborah Weitzman officer: CEO, Pharmaceutical Segment 600 WEST 22ND STREET, SUITE 300, OAK BROOK IL 60523
Mary C. Scherer officer: Chief Accounting Officer 6026 LUDWIG STREET, POWELL OH 43065
Ola M Snow officer: Chief Human Resources Officer 7000 CARDINAL PLACE, DUBLIN OH 43017
Stephen M Mason officer: CEO, Medical Segment 7000 CARDINAL PLACE, DUBLIN OH 43017
Jessica L Mayer officer: Chief Legal/Compliance Officer 7000 CARDINAL PLACE, DUBLIN OH 43017
Michelle D. Greene officer: Chief Information Officer 1141 N. OLD WORLD 3RD STREET, UNIT # 2414, MILWAUKEE WI 53203
Aaron E Alt officer: Chief Financial Officer 3001 COLORADO BLVD., DENTON TX 76210
Michelle Brennan director 1855 S. GRANT STREET, SAN MATEO CA 94402
Sujatha Chandrasekaran director 77 HOT METAL STREET, PITTSBURGH PA 15203
Christine Mundkur director
Steven Barg director ELLIOTT MANAGEMENT CORPORATION, 40 WEST 57TH STREET, NEW YORK NY 10019
Patricia M English officer: Chief Accounting Officer 7000 CARDINAL PLACE, DUBLIN OH 43017
Sheri H. Edison director 1069 STATE ROUTE 46 EAST, BATESVILLE IN 47006
Jason M. Hollar officer: Chief Financial Officer 3333 BEVERLY ROAD, HOFFMAN ESTATES IL 60179
John H Weiland director C/O C.R BARD INC, 730 CENTRAL AVE, MURRAY HILL NJ 07974

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