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Community Health Systems (Community Health Systems) Cyclically Adjusted PS Ratio : (As of Apr. 27, 2024)


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What is Community Health Systems Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Community Health Systems Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Community Health Systems'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.

Community Health Systems Cyclically Adjusted PS Ratio Chart

Community Health Systems 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 0.02 0.05 0.09 0.03 0.02

Community Health Systems 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 0.03 0.03 0.02 0.02 -

Competitive Comparison of Community Health Systems's Cyclically Adjusted PS Ratio

For the Medical Care Facilities subindustry, Community Health Systems'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.


Community Health Systems's Cyclically Adjusted PS Ratio Distribution in the Healthcare Providers & Services Industry

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

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



Community Health Systems 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.

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

For example, Community Health Systems'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)
=23.969/129.4194*129.4194
=23.969

Current CPI (Mar. 2024) = 129.4194.

Community Health Systems Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 41.992 100.560 54.043
201409 41.804 100.428 53.872
201412 42.793 99.070 55.903
201503 42.683 99.621 55.450
201506 42.050 100.684 54.051
201509 41.644 100.392 53.685
201512 42.253 99.792 54.797
201603 45.318 100.470 58.376
201606 41.396 101.688 52.685
201609 39.499 101.861 50.185
201612 40.295 101.863 51.196
201703 40.323 102.862 50.734
201706 37.030 103.349 46.371
201709 32.751 104.136 40.703
201712 27.310 104.011 33.981
201803 32.852 105.290 40.381
201806 31.567 106.317 38.426
201809 30.576 106.507 37.154
201812 30.581 105.998 37.338
201903 29.808 107.251 35.969
201906 29.000 108.070 34.729
201909 28.501 108.329 34.050
201912 28.831 108.420 34.415
202003 26.447 108.902 31.430
202006 21.902 108.767 26.061
202009 27.032 109.815 31.858
202012 25.747 109.897 30.321
202103 23.960 111.754 27.747
202106 23.000 114.631 25.967
202109 23.800 115.734 26.614
202112 24.357 117.630 26.798
202203 24.339 121.301 25.968
202206 22.727 125.017 23.527
202209 23.424 125.227 24.208
202212 23.418 125.222 24.203
202303 23.965 127.348 24.355
202306 23.841 128.729 23.969
202309 23.612 129.860 23.532
202312 24.341 129.419 24.341
202403 23.969 129.419 23.969

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.


Community Health Systems  (NYSE:CYH) 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.


Community Health Systems Cyclically Adjusted PS Ratio Related Terms

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


Community Health Systems (Community Health Systems) Business Description

Traded in Other Exchanges
Address
4000 Meridian Boulevard, Franklin, TN, USA, 37067
Community Health Systems Inc is the largest publicly owned hospital operator in the United States. The company owns or leases over 83 hospitals located in nonurban and urban markets. The company also owns four home health agencies and provides management and consulting services to independent hospitals. The firm derives revenue through a broad range of general and specialized hospital healthcare services and outpatient services.
Executives
Wayne T Smith director, officer: Executive Officer and Director 500 WEST MAIN STREET, LOUISVILLE KY 40202
Charles J Cova officer: Regional President 4000 MERIDIAN BOULEVARD, FRANKLIN TN 37067
Burgess Ronald L Jr director 4000 MERIDIAN BOULEVARD, FRANKLIN TN 37067
Ely James S. Iii director 4000 MERIDIAN BLVD, FRANKLIN TN 37067
Susan W Brooks director 200 EAST JACKSON ST, MUNCIE IN 47305
Justin D Pitt officer: EVP and General Counsel 4000 MERIDIAN BOULEVARD, FRANKLIN TN 37067
Joseph Arthur Hastings director 1573 MALLORY LANE, SUITE 100, BRENTWOOD TN 37027
John A Fry director C/O DELAWARE INVESTMENTS, 2005 MARKET ST. 34TH FL., PHILADELPHIA PA 19103
William Norris Jennings director 509 ALTA GATE ROAD, LOUISVILLE KY 40206
Chad A Campbell officer: Regional President 4000 MERIDIAN BLVD, FRANKLIN TN 37067
David E Nicely officer: Regional President 4000 MERIDIAN BOULEVARD, FRANKLIN TN 37067
Kevin A Stockton officer: Regional President 4000 MERIDIAN BOULEVARD, FRANKLIN TN 37067
Mark B Medley officer: Regional President 4000 MERIDIAN BOULEVARD, FRANKLIN TN 37067
Austen D Mason officer: Regional President 4000 MERIDIAN BOULEVARD, FRANKLIN TN 37067
Tian Qiao Chen 10 percent owner 2735 SAND HILL ROAD, #140, MENLO PARK CA 94025