Price to Sales (P/S)
since 2005
Paying user area
Try for free
UnitedHealth Group Inc. pages available for free this week:
- Balance Sheet: Liabilities and Stockholders’ Equity
- Cash Flow Statement
- Common-Size Income Statement
- Analysis of Profitability Ratios
- Enterprise Value to EBITDA (EV/EBITDA)
- Price to FCFE (P/FCFE)
- Capital Asset Pricing Model (CAPM)
- Selected Financial Data since 2005
- Operating Profit Margin since 2005
- Analysis of Revenues
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to UnitedHealth Group Inc. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
Calculation
UnitedHealth Group Inc., P/S, long-term trends, calculation
| P/S | = | Share price1, 2, 3 | ÷ | Sales per share1 | Sales per share1 | = | Revenues, customers1 (in millions) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 27, 2025 | = | ÷ | = | ÷ | |||||||
| Feb 28, 2024 | = | ÷ | = | ÷ | |||||||
| Feb 24, 2023 | = | ÷ | = | ÷ | |||||||
| Feb 15, 2022 | = | ÷ | = | ÷ | |||||||
| Mar 1, 2021 | = | ÷ | = | ÷ | |||||||
| Feb 14, 2020 | = | ÷ | = | ÷ | |||||||
| Feb 12, 2019 | = | ÷ | = | ÷ | |||||||
| Feb 13, 2018 | = | ÷ | = | ÷ | |||||||
| Feb 8, 2017 | = | ÷ | = | ÷ | |||||||
| Feb 9, 2016 | = | ÷ | = | ÷ | |||||||
| Feb 10, 2015 | = | ÷ | = | ÷ | |||||||
| Feb 12, 2014 | = | ÷ | = | ÷ | |||||||
| Feb 7, 2013 | = | ÷ | = | ÷ | |||||||
| Feb 9, 2012 | = | ÷ | = | ÷ | |||||||
| Feb 10, 2011 | = | ÷ | = | ÷ | |||||||
| Feb 10, 2010 | = | ÷ | = | ÷ | |||||||
| Feb 11, 2009 | = | ÷ | = | ÷ | |||||||
| Feb 21, 2008 | = | ÷ | = | ÷ | |||||||
| Mar 6, 2007 | = | ÷ | = | ÷ | |||||||
| Feb 24, 2006 | = | ÷ | = | ÷ |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of UnitedHealth Group Inc. Annual Report.
- Share Price Trend
- The share price displayed a decreasing trend from 2006 to early 2009, falling from $58.89 to a low of $28.55. Subsequently, it rebounded and experienced a steady increase, reaching a peak of $498.28 in early 2024 before slightly declining to $468.56 in early 2025. The overall movement indicates initial volatility followed by substantial growth over the long term.
- Sales Per Share Trend
- Sales per share showed consistent growth throughout the entire period. Starting from $33.08 in 2006, sales per share increased year-over-year without any declines, reaching $431.91 in early 2025. This steady rise suggests improving operational performance and revenue generation capability over time.
- Price to Sales (P/S) Ratio Trend
- The P/S ratio initially declined markedly from 1.78 in 2006 to a trough of 0.43 in early 2009, reflecting a significant drop in market valuation relative to sales during this period. From 2009 onward, the ratio recovered and generally trended upward, peaking at 1.58 in early 2023 before slightly declining to 1.08 by early 2025. This pattern indicates a market reassessment with increasing investor confidence, though some moderation in valuation multiples occurred most recently.
- Integrated Observations and Insights
- The early years reflect a challenging environment with declining share prices and valuation multiples despite steady growth in sales per share, suggesting market concerns possibly related to broader economic conditions. The recovery phase from 2009 onward demonstrates strong operational growth supported by improving market sentiment, resulting in significant appreciation in share price and valuation multiples. The recent slight decrease in the P/S ratio alongside a marginal drop in share price may indicate a period of valuation consolidation or adjustment despite continued revenue growth.
Comparison to Competitors
UnitedHealth Group Inc., P/S, long-term trends, comparison to competitors
| UnitedHealth Group Inc. | Abbott Laboratories | CVS Health Corp. | Elevance Health Inc. | Intuitive Surgical Inc. | Medtronic PLC | |
|---|---|---|---|---|---|---|
| Feb 27, 2025 | ||||||
| Feb 28, 2024 | ||||||
| Feb 24, 2023 | ||||||
| Feb 15, 2022 | ||||||
| Mar 1, 2021 | ||||||
| Feb 14, 2020 | ||||||
| Feb 12, 2019 | ||||||
| Feb 13, 2018 | ||||||
| Feb 8, 2017 | ||||||
| Feb 9, 2016 | ||||||
| Feb 10, 2015 | ||||||
| Feb 12, 2014 | ||||||
| Feb 7, 2013 | ||||||
| Feb 9, 2012 | ||||||
| Feb 10, 2011 | ||||||
| Feb 10, 2010 | ||||||
| Feb 11, 2009 | ||||||
| Feb 21, 2008 | ||||||
| Mar 6, 2007 | ||||||
| Feb 24, 2006 |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Health Care Equipment & Services)
UnitedHealth Group Inc., P/S, long-term trends, comparison to sector (health care equipment & services)
| UnitedHealth Group Inc. | Health Care Equipment & Services | |
|---|---|---|
| Feb 27, 2025 | ||
| Feb 28, 2024 | ||
| Feb 24, 2023 | ||
| Feb 15, 2022 | ||
| Mar 1, 2021 | ||
| Feb 14, 2020 | ||
| Feb 12, 2019 | ||
| Feb 13, 2018 | ||
| Feb 8, 2017 | ||
| Feb 9, 2016 | ||
| Feb 10, 2015 | ||
| Feb 12, 2014 | ||
| Feb 7, 2013 | ||
| Feb 9, 2012 | ||
| Feb 10, 2011 | ||
| Feb 10, 2010 | ||
| Feb 11, 2009 | ||
| Feb 21, 2008 | ||
| Mar 6, 2007 | ||
| Feb 24, 2006 |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Health Care)
UnitedHealth Group Inc., P/S, long-term trends, comparison to industry (health care)
| UnitedHealth Group Inc. | Health Care | |
|---|---|---|
| Feb 27, 2025 | ||
| Feb 28, 2024 | ||
| Feb 24, 2023 | ||
| Feb 15, 2022 | ||
| Mar 1, 2021 | ||
| Feb 14, 2020 | ||
| Feb 12, 2019 | ||
| Feb 13, 2018 | ||
| Feb 8, 2017 | ||
| Feb 9, 2016 | ||
| Feb 10, 2015 | ||
| Feb 12, 2014 | ||
| Feb 7, 2013 | ||
| Feb 9, 2012 | ||
| Feb 10, 2011 | ||
| Feb 10, 2010 | ||
| Feb 11, 2009 | ||
| Feb 21, 2008 | ||
| Mar 6, 2007 | ||
| Feb 24, 2006 |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).