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Universal Health Services (FRA:UHS) Cyclically Adjusted PS Ratio : 1.18 (As of Jun. 06, 2024)


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What is Universal Health Services Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Universal Health Services's current share price is €170.00. Universal Health Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €143.52. Universal Health Services's Cyclically Adjusted PS Ratio for today is 1.18.

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

FRA:UHS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.67   Med: 1.45   Max: 2.33
Current: 1.22

During the past years, Universal Health Services's highest Cyclically Adjusted PS Ratio was 2.33. The lowest was 0.67. And the median was 1.45.

FRA:UHS's Cyclically Adjusted PS Ratio is ranked better than
50.44% of 343 companies
in the Healthcare Providers & Services industry
Industry Median: 1.23 vs FRA:UHS: 1.22

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.

Universal Health Services's adjusted revenue per share data for the three months ended in Mar. 2024 was €51.635. 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 €143.52 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Universal Health Services Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Universal Health Services'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.

Universal Health Services Cyclically Adjusted PS Ratio Chart

Universal Health Services 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 1.51 1.32 1.10 1.04 1.02

Universal Health Services 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 0.91 1.10 0.85 1.02 1.17

Competitive Comparison of Universal Health Services's Cyclically Adjusted PS Ratio

For the Medical Care Facilities subindustry, Universal Health Services'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.


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

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

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



Universal Health Services 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=170.00/143.52
=1.18

* 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.

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

For example, Universal Health Services'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)
=51.635/131.7762*131.7762
=51.635

Current CPI (Mar. 2024) = 131.7762.

Universal Health Services Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 15.066 100.560 19.743
201409 15.659 100.428 20.547
201412 17.518 99.070 23.301
201503 20.430 99.621 27.024
201506 20.086 100.684 26.289
201509 19.621 100.392 25.755
201512 21.245 99.792 28.054
201603 22.245 100.470 29.176
201606 21.989 101.688 28.495
201609 21.839 101.861 28.253
201612 23.969 101.863 31.008
201703 25.090 102.862 32.143
201706 23.959 103.349 30.549
201709 22.220 104.136 28.118
201712 23.529 104.011 29.810
201803 23.020 105.290 28.811
201806 24.345 106.317 30.175
201809 24.324 106.507 30.095
201812 26.117 105.998 32.469
201903 27.283 107.251 33.522
201906 28.317 108.070 34.529
201909 29.006 108.329 35.284
201912 29.755 108.420 36.165
202003 29.621 108.902 35.843
202006 28.498 108.767 34.527
202009 29.007 109.815 34.808
202012 29.648 109.897 35.551
202103 29.499 111.754 34.784
202106 30.999 114.631 35.635
202109 32.061 115.734 36.505
202112 36.380 117.630 40.755
202203 39.321 121.301 42.717
202206 42.237 125.017 44.521
202209 46.118 125.227 48.530
202212 45.325 125.222 47.697
202303 45.304 127.348 46.879
202306 46.231 128.729 47.325
202309 47.948 129.860 48.656
202312 49.543 129.419 50.445
202403 51.635 131.776 51.635

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.


Universal Health Services  (FRA:UHS) 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.


Universal Health Services Cyclically Adjusted PS Ratio Related Terms

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


Universal Health Services (FRA:UHS) Business Description

Traded in Other Exchanges
Address
367 South Gulph Road, Universal Corporate Center, P.O. Box 61558, King Of Prussia, PA, USA, 19406-0958
Universal Health Services Inc owns and operates acute care hospitals, behavior health centers, surgical hospitals, ambulatory surgery centers, and radiation oncology centers. The firm operates in two key segments: Acute Care Hospital Services and Behavioral Health Services. The Acute Care Hospital Services segment includes the firm's acute care hospitals, surgical hospitals, and surgery and oncology centers.