Universal Health Services (STU:UHS) Cyclically Adjusted PB Ratio: 1.77 (As of Jul. 31, 2026) — 34% Below Median

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STU:UHS Universal Health Services Inc STU:UHS
85 GF Score
Price €141.00
GF Value €201.77
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Universal Health Services Cyclically Adjusted PB Ratio?

Universal Health Services STU:UHS -3.42% 85 Cyclically Adjusted PB Ratio is 1.77 as of Jul. 31, 2026, which is 34% below its 10-year median of 2.67. GuruFocus rates STU:UHS with a GF Score™ of 85/100 and a GF Value™ of €201.77 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 356 Healthcare Providers & Services companies, Universal Health Services ranks better than 52.25% on this metric.

As of today (2026-07-31), Universal Health Services's current share price is €141.00. Universal Health Services's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €79.77. Universal Health Services's Cyclically Adjusted PB Ratio for today is 1.77.

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

STU:UHS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.41   Med: 2.67   Max: 4.76
Current: 1.79

During the past years, Universal Health Services's highest Cyclically Adjusted PB Ratio was 4.76. The lowest was 1.41. And the median was 2.67.

STU:UHS's Cyclically Adjusted PB Ratio is ranked better than
52.25% of 356 companies
in the Healthcare Providers & Services industry
Industry Median: 1.84 vs STU:UHS: 1.79

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Universal Health Services's adjusted book value per share data for the three months ended in Jun. 2026 was €107.737. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €79.77 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Universal Health Services  (STU:UHS) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value 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 PB Ratio should give similar results to regular PB Ratio.


Universal Health Services Cyclically Adjusted PB Ratio Related Terms


Universal Health Services Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Universal Health Services's Cyclically Adjusted PB 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.

Universal Health Services Cyclically Adjusted PB Ratio Chart

Universal Health Services Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.34 2.21 2.15 2.31 2.55

Universal Health Services Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB 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 2.20 2.43 2.55 2.02 1.63

STU:UHS vs ENSG, EHC, PACS: Cyclically Adjusted PB Ratio Comparison

For the Medical Care Facilities subindustry, Universal Health Services's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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 Cyclically Adjusted PB Ratio vs Healthcare Providers & Services Industry

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

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


STU:UHS
85GF Score
Universal Health Services Inc STU:UHS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Universal Health Services Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB 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 PB Ratio.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=141.00/79.77
=1.77

* 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 Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Universal Health Services's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=107.737/333.9520*333.9520
=107.737

Current CPI (Jun. 2026) = 333.9520.

Universal Health Services Quarterly Data

Book Value per Share CPI Adj_Book
201609 40.388 241.428 55.866
201612 44.474 241.432 61.517
201703 45.814 243.801 62.755
201706 44.779 244.955 61.048
201709 43.007 246.819 58.189
201712 44.744 246.524 60.612
201803 44.865 249.554 60.038
201806 48.763 251.989 64.624
201809 49.688 252.439 65.732
201812 51.857 251.233 68.931
201903 53.259 254.202 69.968
201906 53.938 256.143 70.323
201909 55.872 256.759 72.670
201912 57.131 256.974 74.245
202003 57.225 258.115 74.038
202006 59.459 257.797 77.024
202009 59.570 260.280 76.431
202012 61.045 260.474 78.265
202103 64.275 264.877 81.037
202106 64.699 271.696 79.524
202109 66.349 274.310 80.775
202112 69.909 278.802 83.738
202203 71.551 287.504 83.110
202206 75.383 296.311 84.959
202209 82.816 296.808 93.180
202212 79.132 296.797 89.038
202303 80.169 301.836 88.699
202306 80.966 305.109 88.620
202309 83.254 307.789 90.331
202312 83.931 306.746 91.375
202403 85.487 312.332 91.405
202406 90.293 314.175 95.977
202409 90.224 315.301 95.561
202412 97.977 315.605 103.673
202503 96.264 319.799 100.524
202506 95.775 322.561 99.157
202509 97.765 324.800 100.520
202512 101.754 324.054 104.862
202603 105.802 330.213 107.000
202606 107.737 333.952 107.737

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book 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.

What does a Cyclically Adjusted PB Ratio of 1.77 mean?
Universal Health Services (STU:UHS) has a Cyclically Adjusted PB Ratio of 1.77 as of Jul. 31, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Universal Health Services and its competitors. This is 34% below median its historical median of 2.67. Over the past decade, Universal Health Services' Cyclically Adjusted PB Ratio has ranged from 1.41 to 4.76. According to the industry distribution chart, Universal Health Services ranks #170 out of 356 companies in the Healthcare Providers & Services industry, placing it in the top 47.8%.
Is Universal Health Services' Cyclically Adjusted PB Ratio too high?
Universal Health Services' current Cyclically Adjusted PB Ratio of 1.77 is 34% below median its 10-year median of 2.67. Over the past 10 years, this metric has ranged from a low of 1.41 to a high of 4.76. The Healthcare Providers & Services industry median Cyclically Adjusted PB Ratio is 1.84. Universal Health Services' value of 1.77 is 3.8% below this industry median. Based on the distribution chart, Universal Health Services ranks #170 out of 356 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, Universal Health Services has a GF Score™ of 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Universal Health Services' Cyclically Adjusted PB Ratio compare to ENSG and EHC?
According to the Healthcare Providers & Services industry distribution chart, Universal Health Services ranks #170 out of 356 companies for Cyclically Adjusted PB Ratio. This puts Universal Health Services in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.84. Universal Health Services' value of 1.77 is 3.8% below this benchmark. Historically, Universal Health Services' own Cyclically Adjusted PB Ratio has ranged from 1.41 to 4.76 over the past decade. While the company's 10-year median is 2.67 vs. the industry median of 1.84, Universal Health Services has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Healthcare Providers & Services company?
The median Cyclically Adjusted PB Ratio among Healthcare Providers & Services companies is 1.84, based on 356 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Universal Health Services's current Cyclically Adjusted PB Ratio of 1.77 is 3.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Universal Health Services and its competitors. For the Healthcare Providers & Services industry, the median Cyclically Adjusted PB Ratio is 1.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Universal Health Services's current Cyclically Adjusted PB Ratio is 1.77, which is 34% below median its own 10-year median of 2.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Universal Health Services stock overvalued right now?
Based on GuruFocus' analysis, Universal Health Services (STU:UHS) is currently considered Significantly Undervalued. The stock's GF Value™ is €201.77, compared to a current price of €141.00 — trading 30.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.77, which is 34% below median its 10-year median of 2.67 and 3.8% below the Healthcare Providers & Services industry median of 1.84. Universal Health Services' overall GF Score™ is 85/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Universal Health Services (STU:UHS), the current Cyclically Adjusted PB Ratio is 1.77 as of Jul. 31, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Universal Health Services (STU:UHS) Overvalued in 2026?

Based on GuruFocus' analysis, Universal Health Services stock appears to be undervalued. The current stock price of €141.00 is trading 30.1% below its estimated GF Value™ of €201.77. GuruFocus considers Universal Health Services to be Significantly Undervalued.

Key valuation signals for STU:UHS:

  • Cyclically Adjusted PB Ratio: 1.77 (34% below median its 10-year median of 2.67)
  • GF Value™: €201.77 vs. price of €141.00 (30.1% below fair value)
  • GF Score™: 85/100 with 2 warning signs
  • Industry Position: 3.8% below the Healthcare Providers & Services median (#170 of 356)

No single metric tells the full story. See the STU:UHS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Universal Health Services Business Description

Address 367 South Gulph Road, Universal Corporate Center, P.O. Box 61558, King Of Prussia, PA, USA, 19406-0958
Universal Health Services Inc offers healthcare services through its behavioral health centers, acute care hospitals, and related outpatient facilities. As of late 2025, the company operated 346 inpatient behavioral health centers, 29 acute care hospitals, and many supportive outpatient facilities. Its operations are concentrated in the U.S, particularly in Nevada (21% of 2025 operating profits), Texas (19%), and California (13%), although it does have some exposure to the UK behavioral health market (6% of 2025 sales) too. While its acute care services account for over 55% of revenue, the behavioral health centers sport higher margins and account for over 55% of pretax profits.
85GF Score

Get the complete analysis for STU:UHS

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€141.00
Price
€201.77
GF Value