Universal Health Services (STU:UHS) Cyclically Adjusted PB Ratio: 1.81 (As of Sep. 15, 2026) — 31% Below Median

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STU:UHS Universal Health Services Inc STU:UHS
89 GF Score
Price €150.00
GF Value €203.48
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Universal Health Services Cyclically Adjusted PB Ratio?

Universal Health Services STU:UHS 89 Cyclically Adjusted PB Ratio is 1.81 as of Sep. 15, 2026, which is 31% below its 10-year median of 2.63. GuruFocus rates STU:UHS with a GF Score™ of 89/100 and a GF Value™ of €203.48 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 332 Healthcare Providers & Services companies, Universal Health Services ranks worse than 51.51% on this metric.

As of today (2026-09-15), Universal Health Services's current share price is €150.00. Universal Health Services's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €82.66. Universal Health Services's Cyclically Adjusted PB Ratio for today is 1.81.

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: 2.63   Max: 4.62
Current: 1.91

During the past years, Universal Health Services's highest Cyclically Adjusted PB Ratio was 4.62. The lowest was 1.41. And the median was 2.63.

STU:UHS's Cyclically Adjusted PB Ratio is ranked worse than
51.51% of 332 companies
in the Healthcare Providers & Services industry
Industry Median: 1.79 vs STU:UHS: 1.91

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 €113.609. 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 €82.66 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 2.26 2.22 2.07 2.34 2.39

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 2.03 2.23 2.46 1.92 1.57

STU:UHS vs ENSG, DVA, EHC: 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
89GF 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
=150.00/82.658
=1.81

* 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)
=113.609/333.9520*333.9520
=113.609

Current CPI (Jun. 2026) = 333.9520.

Universal Health Services Quarterly Data

Book Value per Share CPI Adj_Book
201609 41.049 241.428 56.780
201612 45.201 241.432 62.523
201703 46.513 243.801 63.712
201706 44.773 244.955 61.040
201709 44.002 246.819 59.536
201712 44.704 246.524 60.558
201803 45.580 249.554 60.995
201806 49.516 251.989 65.622
201809 50.678 252.439 67.042
201812 52.382 251.233 69.629
201903 54.895 254.202 72.117
201906 54.266 256.143 70.750
201909 57.267 256.759 74.484
201912 57.365 256.974 74.549
202003 58.904 258.115 76.211
202006 60.426 257.797 78.276
202009 60.603 260.280 77.757
202012 61.555 260.474 78.919
202103 65.951 264.877 83.150
202106 66.712 271.696 81.998
202109 68.411 274.310 83.285
202112 70.701 278.802 84.686
202203 72.099 287.504 83.747
202206 77.449 296.311 87.288
202209 84.461 296.808 95.031
202212 79.201 296.797 89.116
202303 79.433 301.836 87.885
202306 81.008 305.109 88.666
202309 84.562 307.789 91.750
202312 83.570 306.746 90.982
202403 87.307 312.332 93.350
202406 91.696 314.175 97.468
202409 90.826 315.301 96.199
202412 100.511 315.605 106.354
202503 98.921 319.799 103.299
202506 95.647 322.561 99.025
202509 99.398 324.800 102.199
202512 103.315 324.054 106.471
202603 109.025 330.213 110.259
202606 113.609 333.952 113.609

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 1.81 mean?
Universal Health Services (STU:UHS) has a Cyclically Adjusted PB Ratio of 1.81 as of Sep. 15, 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 31% below median its historical median of 2.63. Over the past decade, Universal Health Services' Cyclically Adjusted PB Ratio has ranged from 1.41 to 4.62. According to the industry distribution chart, Universal Health Services ranks #171 out of 332 companies in the Healthcare Providers & Services industry, placing it in the top 51.5%.
Is Universal Health Services' Cyclically Adjusted PB Ratio too high?
Universal Health Services' current Cyclically Adjusted PB Ratio of 1.81 is 31% below median its 10-year median of 2.63. Over the past 10 years, this metric has ranged from a low of 1.41 to a high of 4.62. The Healthcare Providers & Services industry median Cyclically Adjusted PB Ratio is 1.79. Universal Health Services' value of 1.81 is 1.1% above this industry median. Based on the distribution chart, Universal Health Services ranks #171 out of 332 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, Universal Health Services has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Universal Health Services' Cyclically Adjusted PB Ratio compare to ENSG and DVA?
According to the Healthcare Providers & Services industry distribution chart, Universal Health Services ranks #171 out of 332 companies for Cyclically Adjusted PB Ratio. This places Universal Health Services in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.79. Universal Health Services' value of 1.81 is 1.1% above this benchmark. Historically, Universal Health Services' own Cyclically Adjusted PB Ratio has ranged from 1.41 to 4.62 over the past decade. While the company's 10-year median is 2.63 vs. the industry median of 1.79, Universal Health Services has consistently been above 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 1.79, based on 332 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 1.81 is 1.1% above 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 1.79 — 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 1.81, which is 31% below median its own 10-year median of 2.63. 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 Modestly Undervalued. The stock's GF Value™ is €203.48, compared to a current price of €150.00 — trading 26.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.81, which is 31% below median its 10-year median of 2.63 and 1.1% above the Healthcare Providers & Services industry median of 1.79. Universal Health Services' overall GF Score™ is 89/100 with 1 warning sign 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 1.81 as of Sep. 15, 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 €150.00 is trading 26.3% below its estimated GF Value™ of €203.48. GuruFocus considers Universal Health Services to be Modestly Undervalued.

Key valuation signals for STU:UHS:

  • Cyclically Adjusted PB Ratio: 1.81 (31% below median its 10-year median of 2.63)
  • GF Value™: €203.48 vs. price of €150.00 (26.3% below fair value)
  • GF Score™: 89/100 with 1 warning sign
  • Industry Position: 1.1% above the Healthcare Providers & Services median (#171 of 332)

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.
89GF 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.

€150.00
Price
€203.48
GF Value