UHT (Universal Health Realtyome Trust) Cyclically Adjusted PB Ratio: 2.73 (As of Jul. 05, 2026) — 29% Below Median


UHT Universal Health Realty Income Trust UHT
74 GF Score
Price $45.82
GF Value $40.74
Valuation Modestly Overvalued
! 12 Warning Signs
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What is Universal Health Realtyome Trust Cyclically Adjusted PB Ratio?

Universal Health Realtyome Trust UHT +1.87% 74 Cyclically Adjusted PB Ratio is 2.73 as of Jul. 05, 2026, which is 29% below its 10-year median of 3.85. GuruFocus rates UHT with a GF Score™ of 74/100 and a GF Value™ of $40.74 (Modestly Overvalued). The stock has 12 warning signs investors should review. Among 561 REITs companies, Universal Health Realtyome Trust ranks worse than 91.8% on this metric.

As of today (2026-07-05), Universal Health Realtyome Trust's current share price is $45.82. Universal Health Realtyome Trust's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $16.79. Universal Health Realtyome Trust's Cyclically Adjusted PB Ratio for today is 2.73.

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

UHT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.93   Med: 3.85   Max: 8.73
Current: 2.73

During the past years, Universal Health Realtyome Trust's highest Cyclically Adjusted PB Ratio was 8.73. The lowest was 1.93. And the median was 3.85.

UHT's Cyclically Adjusted PB Ratio is ranked worse than
91.8% of 561 companies
in the REITs industry
Industry Median: 0.82 vs UHT: 2.73

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 Realtyome Trust's adjusted book value per share data for the three months ended in Mar. 2026 was $10.652. 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 $16.79 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Universal Health Realtyome Trust  (NYSE:UHT) 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 Realtyome Trust Cyclically Adjusted PB Ratio Related Terms


Universal Health Realtyome Trust Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Universal Health Realtyome Trust'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 Realtyome Trust Cyclically Adjusted PB Ratio Chart

Universal Health Realtyome Trust 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 3.75 2.86 2.53 2.17 2.35

Universal Health Realtyome Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.39 2.34 2.31 2.35 2.41

UHT vs CHCT, XRN, STRW: Cyclically Adjusted PB Ratio Comparison

For the REIT - Healthcare Facilities subindustry, Universal Health Realtyome Trust'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 Realtyome Trust Cyclically Adjusted PB Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Universal Health Realtyome Trust's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


UHT
74GF Score
Universal Health Realty Income Trust UHT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Universal Health Realtyome Trust 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 Realtyome Trust's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=45.82/16.79
=2.73

* 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 Realtyome Trust's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=10.652/330.2130*330.2130
=10.652

Current CPI (Mar. 2026) = 330.2130.

Universal Health Realtyome Trust Quarterly Data

Book Value per Share CPI Adj_Book
201606 14.731 241.018 20.183
201609 14.366 241.428 19.649
201612 14.066 241.432 19.238
201703 15.743 243.801 21.323
201706 15.363 244.955 20.710
201709 15.530 246.819 20.777
201712 15.330 246.524 20.534
201803 15.387 249.554 20.360
201806 15.133 251.989 19.831
201809 14.794 252.439 19.352
201812 14.448 251.233 18.990
201903 14.084 254.202 18.295
201906 13.705 256.143 17.668
201909 13.420 256.759 17.259
201912 13.210 256.974 16.975
202003 12.534 258.115 16.035
202006 12.073 257.797 15.464
202009 11.792 260.280 14.960
202012 11.546 260.474 14.637
202103 11.521 264.877 14.363
202106 11.272 271.696 13.700
202109 11.014 274.310 13.259
202112 17.071 278.802 20.219
202203 17.189 287.504 19.742
202206 17.002 296.311 18.947
202209 16.927 296.808 18.832
202212 16.598 296.797 18.467
202303 16.095 301.836 17.608
202306 15.673 305.109 16.963
202309 15.214 307.789 16.322
202312 14.535 306.746 15.647
202403 14.211 312.332 15.025
202406 13.770 314.175 14.473
202409 13.116 315.301 13.736
202412 12.962 315.605 13.562
202503 12.430 319.799 12.835
202506 11.904 322.561 12.186
202509 11.430 324.800 11.620
202512 10.983 324.054 11.192
202603 10.652 330.213 10.652

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 2.73 mean?
Universal Health Realtyome Trust (UHT) has a Cyclically Adjusted PB Ratio of 2.73 as of Jul. 05, 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 Realtyome Trust and its competitors. This is 29% below median its historical median of 3.85. Over the past decade, Universal Health Realtyome Trust's Cyclically Adjusted PB Ratio has ranged from 1.93 to 8.73. According to the industry distribution chart, Universal Health Realtyome Trust ranks #515 out of 561 companies in the REITs industry, placing it in the top 91.8%.
Is Universal Health Realtyome Trust's Cyclically Adjusted PB Ratio too high?
Universal Health Realtyome Trust's current Cyclically Adjusted PB Ratio of 2.73 is 29% below median its 10-year median of 3.85. Over the past 10 years, this metric has ranged from a low of 1.93 to a high of 8.73. The REITs industry median Cyclically Adjusted PB Ratio is 0.82. Universal Health Realtyome Trust's value of 2.73 is 232.9% above this industry median. Based on the distribution chart, Universal Health Realtyome Trust ranks #515 out of 561 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Universal Health Realtyome Trust has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Universal Health Realtyome Trust's Cyclically Adjusted PB Ratio compare to CHCT and XRN?
According to the REITs industry distribution chart, Universal Health Realtyome Trust ranks #515 out of 561 companies for Cyclically Adjusted PB Ratio. This places Universal Health Realtyome Trust in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.82. Universal Health Realtyome Trust's value of 2.73 is 232.9% above this benchmark. Historically, Universal Health Realtyome Trust's own Cyclically Adjusted PB Ratio has ranged from 1.93 to 8.73 over the past decade. While the company's 10-year median is 3.85 vs. the industry median of 0.82, Universal Health Realtyome Trust 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 REITs company?
The median Cyclically Adjusted PB Ratio among REITs companies is 0.82, based on 561 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 Realtyome Trust's current Cyclically Adjusted PB Ratio of 2.73 is 232.9% 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 Realtyome Trust and its competitors. For the REITs industry, the median Cyclically Adjusted PB Ratio is 0.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Universal Health Realtyome Trust's current Cyclically Adjusted PB Ratio is 2.73, which is 29% below median its own 10-year median of 3.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Universal Health Realtyome Trust stock overvalued right now?
Based on GuruFocus' analysis, Universal Health Realtyome Trust (UHT) is currently considered Modestly Overvalued. The stock's GF Value™ is $40.74, compared to a current price of $45.82 — trading 12.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.73, which is 29% below median its 10-year median of 3.85 and 232.9% above the REITs industry median of 0.82. Universal Health Realtyome Trust's overall GF Score™ is 74/100 with 12 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 Realtyome Trust (UHT), the current Cyclically Adjusted PB Ratio is 2.73 as of Jul. 05, 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 Realtyome Trust (UHT) Overvalued in 2026?

Based on GuruFocus' analysis, Universal Health Realtyome Trust stock appears to be overvalued. The current stock price of $45.82 is trading 12.5% above its estimated GF Value™ of $40.74. GuruFocus considers Universal Health Realtyome Trust to be Modestly Overvalued.

Key valuation signals for UHT:

  • Cyclically Adjusted PB Ratio: 2.73 (29% below median its 10-year median of 3.85)
  • GF Value™: $40.74 vs. price of $45.82 (12.5% above fair value)
  • GF Score™: 74/100 with 12 warning signs
  • Industry Position: 232.9% above the REITs median (#515 of 561)

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


Universal Health Realtyome Trust Business Description

Industry Real EstateREITs
Other Exchanges WY8:Germany
Address 367 South Gulph Road, P.O. Box 61558, Universal Corporate Center, King of Prussia, PA, USA, 19406-0958
Universal Health Realty Income Trust is a healthcare REIT. The company is engaged in the business of investing in and leasing healthcare and human service facilities through direct ownership or through joint ventures, which aggregate into a single reportable segment. The company actively manages a portfolio of healthcare and human service facilities. The revenue and net income are generated from the operation of the investment portfolio, located throughout the United States.
74GF Score

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

$45.82
Price
$40.74
GF Value