GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » Humana Inc (NYSE:HUM) » Definitions » Cyclically Adjusted PS Ratio

Humana (Humana) Cyclically Adjusted PS Ratio : 0.51 (As of Apr. 28, 2024)


View and export this data going back to 1971. Start your Free Trial

What is Humana Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Humana's current share price is $305.90. Humana's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $604.45. Humana's Cyclically Adjusted PS Ratio for today is 0.51.

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

HUM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.43   Med: 0.87   Max: 1.19
Current: 0.51

During the past years, Humana's highest Cyclically Adjusted PS Ratio was 1.19. The lowest was 0.43. And the median was 0.87.

HUM's Cyclically Adjusted PS Ratio is ranked better than
66.67% of 12 companies
in the Healthcare Plans industry
Industry Median: 0.99 vs HUM: 0.51

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.

Humana's adjusted revenue per share data for the three months ended in Mar. 2024 was $244.178. 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 $604.45 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Humana Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Humana'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.

Humana Cyclically Adjusted PS Ratio Chart

Humana 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 1.07 1.07 1.03 0.98 0.78

Humana 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 0.90 0.80 0.84 0.78 0.57

Competitive Comparison of Humana's Cyclically Adjusted PS Ratio

For the Healthcare Plans subindustry, Humana'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.


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

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

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



Humana 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.

Humana's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=305.90/604.45
=0.51

* 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.

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

For example, Humana'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)
=244.178/129.4194*129.4194
=244.178

Current CPI (Mar. 2024) = 129.4194.

Humana Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 77.824 100.560 100.159
201409 78.333 100.428 100.946
201412 80.275 99.070 104.867
201503 90.798 99.621 117.957
201506 90.851 100.684 116.780
201509 88.811 100.392 114.490
201512 88.716 99.792 115.055
201603 91.454 100.470 117.805
201606 92.881 101.688 118.211
201609 90.746 101.861 115.297
201612 85.250 101.863 108.313
201703 92.442 102.862 116.309
201706 92.932 103.349 116.375
201709 91.373 104.136 113.558
201712 92.571 104.011 115.185
201803 102.852 105.290 126.423
201806 102.897 106.317 125.256
201809 102.439 106.507 124.477
201812 103.020 105.998 125.783
201903 118.467 107.251 142.954
201906 119.819 108.070 143.490
201909 121.179 108.329 144.771
201912 122.205 108.420 145.874
202003 142.571 108.902 169.432
202006 143.456 108.767 170.695
202009 150.718 109.815 177.625
202012 143.304 109.897 168.761
202103 159.536 111.754 184.754
202106 159.560 114.631 180.144
202109 160.125 115.734 179.059
202112 162.717 117.630 179.026
202203 188.038 121.301 200.623
202206 186.192 125.017 192.749
202209 179.018 125.227 185.012
202212 177.438 125.222 183.386
202303 212.975 127.348 216.440
202306 213.790 128.729 214.937
202309 213.118 129.860 212.396
202312 214.948 129.419 214.948
202403 244.178 129.419 244.178

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.


Humana  (NYSE:HUM) 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.


Humana Cyclically Adjusted PS Ratio Related Terms

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


Humana (Humana) Business Description

Industry
Traded in Other Exchanges
Address
500 West Main Street, Louisville, KY, USA, 40202
Humana is one of the largest private health insurers in the U.S. with a focus on administering Medicare Advantage plans. The firm has built a niche specializing in government-sponsored programs, with nearly all its medical membership stemming from individual and group Medicare Advantage, Medicaid, and the military's Tricare program. The firm is also a leader in stand-alone prescription drug plans for seniors enrolled in traditional fee-for-service Medicare. Beyond medical insurance, the company provides other healthcare services, including primary-care services, at-home services, and pharmacy benefit management.
Executives
Susan M Diamond officer: Segment President, Home Bus. 500 W MAIN ST., LOUISVILLE KY 40202
Sanjay K Shetty officer: President, CenterWell 500 W. MAIN STREET, LOUISVILLE KY 40202
George Ii Renaudin officer: President, Medicare & Medicaid 500 W. MAIN SREET, LOUISVILLE KY 40202
Jones David A Jr/ky director C/O HUMANA INC, 500 WEST MAIN STREET, LOUISVILLE KY 40202
Timothy S. Huval officer: Sr. Vice Pres & Chief HR Offic 500 W. MAIN STREET, LOUISVILLE KY 40202
Bruce D Broussard officer: President 500 W. MAIN STREET, C/O HUMANA LAW DEPT., LOUISVILLE KY 40202
Joseph C Ventura officer: Chief Legal Officer & Corp Sec 500 W MAIN STREET, LOUISVILLE KY 40202
William Kevin Fleming officer: President, Hlthcare Svc Sgmt 500 WEST MAIN STREET, LOUISVILLE KY 40202
Timothy Alan Wheatley officer: President, Retail Segment 500 WEST MAIN STREET, LOUISVILLE KY 40202
Samir Deshpande officer: Chief Risk Officer 500 W MAIN STREET, LOUISVILLE KY 40202
Brad D Smith director 1040 13TH AVE, HUNTINGTON WV 25701
John-paul W. Felter officer: SVP, Chief Accting Off & Cont. 500 W MAIN ST, LOUISVILLE KY 40202
Michael A. Koeberlein officer: SVP, Chief Accting Off & Cont. 500 W MAIN ST., LOUISVILLE KY 40202
David T Feinberg director 1299 OCEAN AVENUE, SUITE 1000, SANTA MONICA CA 90401
Agwunobi, M.d. Andrew C. officer: Seg. President, Home Solutions HUMANA INC., 500 W MAIN STREET, LOUISVILLE KY 40202

Humana (Humana) Headlines

From GuruFocus

Humana Inc at Cowen Health Care Conference Transcript

By GuruFocus Research 01-23-2024

Q4 2021 Humana Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Humana Inc at Jefferies Healthcare Conference Transcript

By GuruFocus Research 01-23-2024

Q2 2021 Humana Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Humana Inc at Stephens Investment Conference Transcript

By GuruFocus Research 01-23-2024

Humana Inc Annual Shareholders Meeting Transcript

By GuruFocus Research 01-23-2024

Humana Inc at JPMorgan Healthcare Conference Transcript

By GuruFocus Research 01-23-2024