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UnitedHealth Group (FRA:UNH) Cyclically Adjusted Price-to-FCF : 19.07 (As of Apr. 27, 2025)


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What is UnitedHealth Group Cyclically Adjusted Price-to-FCF?

As of today (2025-04-27), UnitedHealth Group's current share price is €367.05. UnitedHealth Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was €19.25. UnitedHealth Group's Cyclically Adjusted Price-to-FCF for today is 19.07.

The historical rank and industry rank for UnitedHealth Group's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

FRA:UNH' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 20.16   Med: 29.45   Max: 39.68
Current: 20.17

During the past years, UnitedHealth Group's highest Cyclically Adjusted Price-to-FCF was 39.68. The lowest was 20.16. And the median was 29.45.

FRA:UNH's Cyclically Adjusted Price-to-FCF is ranked worse than
84.62% of 13 companies
in the Healthcare Plans industry
Industry Median: 12.39 vs FRA:UNH: 20.17

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 Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

UnitedHealth Group's adjusted free cash flow per share data for the three months ended in Mar. 2025 was €4.593. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is €19.25 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


UnitedHealth Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for UnitedHealth Group's Cyclically Adjusted Price-to-FCF 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 Price-to-FCF Chart

UnitedHealth Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.90 37.94 33.51 28.65 24.97

UnitedHealth Group Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Price-to-FCF 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 26.57 26.42 28.72 24.97 25.23

Competitive Comparison of UnitedHealth Group's Cyclically Adjusted Price-to-FCF

For the Healthcare Plans subindustry, UnitedHealth Group's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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 Price-to-FCF Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, UnitedHealth Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where UnitedHealth Group's Cyclically Adjusted Price-to-FCF falls into.


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UnitedHealth Group Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF 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 Price-to-FCF.

UnitedHealth Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=367.05/19.25
=19.07

* 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.

UnitedHealth Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, UnitedHealth Group's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=4.593/134.9266*134.9266
=4.593

Current CPI (Mar. 2025) = 134.9266.

UnitedHealth Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 0.756 100.684 1.013
201509 2.249 100.392 3.023
201512 2.874 99.792 3.886
201603 1.758 100.470 2.361
201606 1.192 101.688 1.582
201609 6.249 101.861 8.278
201612 -1.855 101.863 -2.457
201703 5.705 102.862 7.483
201706 1.584 103.349 2.068
201709 6.006 104.136 7.782
201712 -2.736 104.011 -3.549
201803 6.485 105.290 8.310
201806 3.072 106.317 3.899
201809 0.345 106.507 0.437
201812 1.649 105.998 2.099
201903 2.425 107.251 3.051
201906 5.012 108.070 6.258
201909 2.551 108.329 3.177
201912 5.192 108.420 6.461
202003 2.327 108.902 2.883
202006 8.836 108.767 10.961
202009 2.268 109.815 2.787
202012 4.728 109.897 5.805
202103 4.772 111.754 5.761
202106 4.322 114.631 5.087
202109 6.187 115.734 7.213
202112 2.336 117.630 2.680
202203 4.534 121.301 5.043
202206 6.188 125.017 6.679
202209 18.991 125.227 20.462
202212 -5.382 125.222 -5.799
202303 15.418 127.348 16.336
202306 10.018 128.729 10.500
202309 6.070 129.860 6.307
202312 -6.053 129.419 -6.311
202403 0.400 131.776 0.410
202406 5.899 132.554 6.005
202409 12.550 133.029 12.729
202412 1.503 133.157 1.523
202503 4.593 134.927 4.593

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF 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.


UnitedHealth Group  (FRA:UNH) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow 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 Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


UnitedHealth Group Cyclically Adjusted Price-to-FCF Related Terms

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


UnitedHealth Group Business Description

Address
1 Health Drive, Eden Prairie, MN, USA, 55344
UnitedHealth Group is one of the largest private health insurers and provides medical benefits to about 51 million members globally, including 1 million outside the US as of December 2024. As a leader in employer-sponsored, self-directed, and government-backed insurance plans, UnitedHealth has obtained massive scale in medical insurance. Along with its insurance assets, UnitedHealth's Optum franchises help create a healthcare services colossus that spans everything from pharmaceutical benefits to providing outpatient care and analytics to both affiliated and third-party customers.