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US Physical Therapy (US Physical Therapy) Cyclically Adjusted PS Ratio : 2.53 (As of Apr. 29, 2024)


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What is US Physical Therapy Cyclically Adjusted PS Ratio?

As of today (2024-04-29), US Physical Therapy's current share price is $101.98. US Physical Therapy's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $40.30. US Physical Therapy's Cyclically Adjusted PS Ratio for today is 2.53.

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

USPH' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.51   Med: 2.81   Max: 5.16
Current: 2.5

During the past years, US Physical Therapy's highest Cyclically Adjusted PS Ratio was 5.16. The lowest was 1.51. And the median was 2.81.

USPH's Cyclically Adjusted PS Ratio is ranked worse than
68.67% of 332 companies
in the Healthcare Providers & Services industry
Industry Median: 1.19 vs USPH: 2.50

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.

US Physical Therapy's adjusted revenue per share data for the three months ended in Dec. 2023 was $10.321. 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 $40.30 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


US Physical Therapy Cyclically Adjusted PS Ratio Historical Data

The historical data trend for US Physical Therapy'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.

US Physical Therapy Cyclically Adjusted PS Ratio Chart

US Physical Therapy 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 4.00 3.98 2.82 2.15 2.31

US Physical Therapy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.15 2.53 3.07 2.28 2.31

Competitive Comparison of US Physical Therapy's Cyclically Adjusted PS Ratio

For the Medical Care Facilities subindustry, US Physical Therapy'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.


US Physical Therapy's Cyclically Adjusted PS Ratio Distribution in the Healthcare Providers & Services Industry

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

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



US Physical Therapy 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.

US Physical Therapy's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=101.98/40.3
=2.53

* 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.

US Physical Therapy's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, US Physical Therapy's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=10.321/129.4194*129.4194
=10.321

Current CPI (Dec. 2023) = 129.4194.

US Physical Therapy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 5.745 99.695 7.458
201406 6.396 100.560 8.232
201409 6.346 100.428 8.178
201412 6.473 99.070 8.456
201503 6.273 99.621 8.149
201506 6.712 100.684 8.628
201509 6.767 100.392 8.724
201512 6.981 99.792 9.054
201603 6.982 100.470 8.994
201606 7.228 101.688 9.199
201609 7.056 101.861 8.965
201612 7.259 101.863 9.223
201703 7.788 102.862 9.799
201706 8.288 103.349 10.379
201709 8.189 104.136 10.177
201712 8.673 104.011 10.792
201803 8.588 105.290 10.556
201806 9.079 106.317 11.052
201809 8.918 106.507 10.837
201812 9.252 105.998 11.296
201903 9.147 107.251 11.038
201906 9.898 108.070 11.853
201909 9.179 108.329 10.966
201912 9.560 108.420 11.412
202003 8.809 108.902 10.469
202006 6.529 108.767 7.769
202009 8.479 109.815 9.993
202012 9.139 109.897 10.762
202103 8.731 111.754 10.111
202106 9.838 114.631 11.107
202109 9.752 115.734 10.905
202112 10.057 117.630 11.065
202203 10.180 121.301 10.861
202206 10.821 125.017 11.202
202209 10.738 125.227 11.098
202212 10.858 125.222 11.222
202303 11.402 127.348 11.587
202306 11.041 128.729 11.100
202309 10.009 129.860 9.975
202312 10.321 129.419 10.321

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.


US Physical Therapy  (NYSE:USPH) 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.


US Physical Therapy Cyclically Adjusted PS Ratio Related Terms

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


US Physical Therapy (US Physical Therapy) Business Description

Traded in Other Exchanges
Address
1300 West Sam Houston Parkway South, Suite 300, Houston, TX, USA, 77042
US Physical Therapy Inc through its subsidiaries operates outpatient physical therapy clinics that provide pre-and post-operative care and treatment for orthopedic-related disorders, sports-related injuries, preventative care, rehabilitation of injured workers, and neurological-related injuries. The principal sources of payment for the clinics' services are managed care programs, commercial health insurance, Medicare/Medicaid, workers' compensation insurance, and proceeds from personal injury cases. Its operating segment includes Physical therapy operations and Industrial injury prevention services. The company generates maximum revenue from the Physical therapy operations segment.
Executives
Clayton Trier director 1300 WEST SAM HOUSTON PARKWAY SOUTH, SUITE 300, HOUSTON TX 77042
Kathleen A Gilmartin director 1300 W SAM HOUSTON PKWY S, SUITE 300, HOUSTON TX 77042
Nancy Ham director U.S. PHYSICAL THERAPY INC., 1300 W SAM HOUSTON PARKWAY - SUITE 100, HOUSTON TX 77042
Richard Binstein officer: EVP Gen'l Counsel & Secretary 3733 ROSEMONT PASS, NEWTOWN SQUARE PA 19037
Edward L Kuntz director
Graham D. Reeve officer: COO 1300 W. SAM HOUSTON PARKWAY, SUITE 300, HOUSTON TX 77042
Harris Bernard A Jr director 3411 ERIN KNOLL CT, HOUSTON TX 77059
Carey P Hendrickson officer: Chief Financial Officer, other: Effective 11/9/2020 400 S. RECORD STREET, DALLAS TX 75202
Eric Joseph Williams officer: Chief Operations Officer 1300 SAM HOUSTON PARKWAY W, SUITE 300, HOUSTON TX 77042
Harry S Chapman director 4626 DRAKE FALLS COURT, KATY TX 77450
Christopher J Reading officer: Chief Operating Officer
Mark J Brookner director 1300 W SAM HOUSTON PARKWAY S, STE 300, HOUSTON TX 77042
Regg E. Swanson director, Director 1737 BURKE HOLLOW ROAD, NOLENSVILLE TN 37037
Anne Motsenbocker director 1300 W SAM HOUSTON PARKWAY, SUITE 300, HOUSTON TX 77042
Glenn Mcdowell officer: Chief Operating Officer 1300 W. SAM HOUSTON PKWY S., SUITE 300, HOUSTON TX 77042